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Month: July 2024

Budget 2024: Fillip to clean energy schemes

Posted on July 23, 2024 By admin
Budget 2024: Fillip to clean energy schemes

Only houses with a suitable roof and an existing connection to the grid will be eligible for the scheme and consumers will still have to pay for all the net power supplied and consumed via the grid. File | Photo Credit: AFP Finance Minister Nirmala Sitharaman’s Budget address gave a fillip to several commitments made…

Read More “Budget 2024: Fillip to clean energy schemes” »

Business

Shafali Verma Shines As India Beat Nepal By 82 Runs To Qualify For Semifinals Of Women’s Asia Cup

Posted on July 23, 2024 By admin
Shafali Verma Shines As India Beat Nepal By 82 Runs To Qualify For Semifinals Of Women’s Asia Cup

Explosive opener Shafali Verma slammed a career-best 48-ball 81 as defending champions India thrashed minnows Nepal by 82 runs in their final group match to confirm their semifinal spot at the Women’s Asia Cup T20 tournament in Dambulla on Tuesday. With India shuffling the batting order, Shafali and Dayalan Hemalatha (47) opened the…

Read More “Shafali Verma Shines As India Beat Nepal By 82 Runs To Qualify For Semifinals Of Women’s Asia Cup” »

Sports

Medical entrepreneurs applaud customs duty exemption on cancer medication

Posted on July 23, 2024 By admin
Medical entrepreneurs applaud customs duty exemption on cancer medication

Medical entrepreneurs in Hyderabad have welcomed the exemption of customs duties on three cancer medications as announced in the Union Budget 2024-25. “Cancer treatment is notoriously expensive, often placing an overwhelming financial burden on patients and their families. By removing these duties, the cost of these medications will be reduced, making them accessible. This measure…

Read More “Medical entrepreneurs applaud customs duty exemption on cancer medication” »

Business

Budget slashes TDS on life cover pay-outs, insurance commission 

Posted on July 23, 2024 By admin
Budget slashes TDS on life cover pay-outs, insurance commission 

The Budget has proposed amendment to Section 194D, pertaining to TDS on payment of insurance commission. | Photo Credit: Getty Images/iStockphoto Union Budget 2024-25 proposes to slash the rate at which tax will be deducted at source (TDS) on life insurance policy pay-outs, to policyholders, and insurance commission payable, to agents, from 5% to 2%….

Read More “Budget slashes TDS on life cover pay-outs, insurance commission ” »

Business

Angel tax abolition move pivotal for start-ups, says T-Hub CEO

Posted on July 23, 2024 By admin
Angel tax abolition move pivotal for start-ups, says T-Hub CEO

T-Hub, Mahankali Srinivas Rao (in blue shirt) | Photo Credit: Nagara Gopal Tech startup incubator T-Hub CEO Mahankali Srinivas Rao welcomed the Union Budget 2024-25 proposal to abolish angel tax for all classes of investors and setting up of a ₹1,000 crore venture capital fund to expand space economy. A pivotal move, it is bound…

Read More “Angel tax abolition move pivotal for start-ups, says T-Hub CEO” »

Business

Middle class discontented, real estate sector applauds tax reforms

Posted on July 23, 2024 By admin
Middle class discontented, real estate sector applauds tax reforms

Middle-class families in the city have voiced their dissatisfaction with the updated income tax slabs in Union Budget 2024-25, presented by Union Finance Minister Nirmala Sitharaman on July 23. “The price of commodities has tripled over the last few decades, but the tax slabs have barely changed. It’s unfair for individuals earning ₹3 lakh per annum…

Read More “Middle class discontented, real estate sector applauds tax reforms” »

Business

“Disappointed” By Budget, Karnataka To Skip NITI Aayog Meet

Posted on July 23, 2024 By admin
“Disappointed” By Budget, Karnataka To Skip NITI Aayog Meet

Siddaramaiah termed the union budget “disappointing” (File) Bengaluru: Karnataka Chief Minister Siddaramaiah on Tuesday said his government had decided to boycott the NITI Aayog meeting chaired by Prime Minister Narendra Modi on July 27, as a mark of protest against the “neglect” of the state’s demands in the Union Budget. He said there is no…

Read More ““Disappointed” By Budget, Karnataka To Skip NITI Aayog Meet” »

Nation

Final NEET-UG Results Within 2 Days: Education Minister Dharmendra Pradhan

Posted on July 23, 2024 By admin
Final NEET-UG Results Within 2 Days: Education Minister Dharmendra Pradhan

New Delhi: Union Education Minister Dharmendra Pradhan on Tuesday accused the opposition of trying to create “anarchy” and “civil unrest” using the NEET-UG issue and said with the Supreme Court verdict related to the controversy-ridden exam, “truth has prevailed”. The opposition should apologise to students and their parents for “misleading” them, Mr Pradhan said as…

Read More “Final NEET-UG Results Within 2 Days: Education Minister Dharmendra Pradhan” »

Nation

Budget 2024: Nirmala Sitharaman signals shift from earlier trickle-down strategy to a slew of schemes

Posted on July 23, 2024 By admin
Budget 2024: Nirmala Sitharaman signals shift from earlier trickle-down strategy to a slew of schemes

Presenting her seventh Union Budget and the first after this year’s Lok Sabha election, Finance Minister Nirmala Sitharaman on July 23 unveiled a flurry of measures aimed at fixing the woes of unemployed youth, small businesses, and the middle class, and sought to strengthen the ruling NDA coalition’s bonds with support for multiple investment projects…

Read More “Budget 2024: Nirmala Sitharaman signals shift from earlier trickle-down strategy to a slew of schemes” »

Business

Shashi Tharoor vs Jay Panda On Jobs Plan In Budget

Posted on July 23, 2024 By admin
Shashi Tharoor vs Jay Panda On Jobs Plan In Budget

New Delhi: Job creation as the focus of this year’s budget and the Centre’s much publicised spends on infrastructure became the two key issues over which Congress’s Shashi Tharoor and the BJP’s Jay Panda butted heads this evening, each expressing views that are polar opposites. The huge push for internship and jobs for first-timers has…

Read More “Shashi Tharoor vs Jay Panda On Jobs Plan In Budget” »

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