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Income Tax Day, observed on July 24, commemorates the introduction of income tax in India. Income Tax Day, observed on July 24, honours the establishment of income tax by Sir James Wilson in 1860, a significant turning point in India’s fiscal history. This first tax was intended to tax income from different sources, as stated…
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Mumbai: Stock market benchmarks indices Sensex and Nifty declined in early trade on Wednesday, extending their Budget day fall, after the government proposed to hike securities transaction tax on futures & options. Foreign fund outflows and a weak trend in global markets also played spoilsport for the domestic markets. After a weak beginning, the 30-share…
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Monsoon Session Updates: The discussion over budget is expected to start in the second half of the day. New Delhi: Lok Sabha and Rajya Sabha will hold a discussion on Union Budget today, day after Finance Minister Nirmala Sitharaman presented the Union Budget in Parliament. A general discussion on the budget for the Union Territory…
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Anita Subhadarshini, BJP MP, Aska (Odisha), raises question over Aska constituency being deprived of the railway service. She questions, “When will a final DPR will be sanctioned for the project?” Replying to the question, Ashwini Vaishnaw, Union Railway Minister says, “The funds allocation and progress of work in Odisha has seen huge increase in the…
The Pakistan Cricket Board (PCB) has left it up to the International Cricket Council (ICC) to convince the BCCI to send its team to Pakistan for the upcoming Champions Trophy, scheduled to be held in the first quarter of next year. According to a PCB source, while the budget for the Champions Trophy…
Kolkata West Bengalâs Bidhannagar city police has busted a honey trap call centre in Rajarhat, New Town area, in the suburbs of Kolkata, and arrested five people in connection with the case. Four of the five arrested were women. During the raid police seized multiple items including gadgets used to video call people to extort…
Shubman Gill (L) and Ashish Nehra© X (formerly Twitter) Gujarat Titans are likely to part ways with head coach Ashish Nehra and Director of Cricket Vikram Solanki ahead of the Indian Premier League (IPL) 2025, according to a report by News18. Nehra and Solanki have been a part of the Gujarat Titans franchise…
Higher palm oil purchases by India would reduce inventories in producer countries and support benchmark prices. File | Photo Credit: Reuters India bought a record amount of edible oils for July delivery, as refiners increased palm oil and soy oil purchases due to lucrative prices and ahead of an anticipated hike in import duties, industry…
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The global average temperature usually peaks between late June and early August. New Delhi: The Earth experienced its hottest day in at least 84 years, with the global average temperature reaching a record high of 17.09 degrees Celsius on July 21, according to the European Union’s Copernicus Climate Change Service (C3S). This follows a series…
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Villagers erecting makeshift tents in the Agency area as floodwaters entered their habitations, in Eluru district on Tuesday. With the floodwaters entering many habitations in the Agency area on Tuesday, villagers trekked to nearby hills to pitch makeshift tents. The water level in Godavari at Bhadrachalam was at 50.5 feet and the second warning level…
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