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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…
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…
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…
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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%….
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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…
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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” »
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…
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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” »
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…
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…
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