Govt to introduce new I-T bill in Parl next week; to raise insurance FDI to 100 pc
New Delhi, Feb 1 (PTI) The government will introduce a new Income Tax bill next week to take forward the “trust first, scrutinise later” concept, Finance Minister Nirmala Sitharaman said on Saturday. In another major reform move, the minister announced that the Foreign Direct Investment (FDI) in the insurance sector will be increased to 100 […]
Govt to extend time limit for filing updated returns for any assessment yr: FM
New Delhi, Feb 1 (PTI) Finance Minister Nirmala Sitharaman on Saturday announced extension of the time limit for filing updated returns for any assessment year. The time limit is proposed to be extended from the current two years to four years. Presenting the 14th consecutive Budget under the Narendra Modi government since 2014, Sitharaman also […]
Gurez-Bandipora road closed for the traffic after fresh snowfall
Srinagar, Feb 1: Due to the fresh snowfall, the Gurez-Bandipora road has been closed again for traffic, officials said Saturday. They said that the higher reaches of Gurez including Razdan Top, Dawar Gurez, and Tulail, have received fresh snowfall of around 8- 11 inches of fresh snow accumulation following which traffic on the road seems […]
ATF price hiked by 5.6 pc, commercial LPG rate down Rs 7 per cylinder
New Delhi, Feb 1 (PTI) The price of Jet fuel, or ATF, on Saturday was hiked by a steep 5.6 per cent while the rate of commercial LPG that is used in hotels and restaurants was cut by Rs 7 per 19-kg cylinder in the monthly revision done in line with the benchmark international prices. […]
Budget for world’s fastest-growing major economy: Key numbers to be watched
New Delhi, Feb 1 (PTI) Finance Minister Nirmala Sitharaman will present her record 8th straight Budget and all eyes will be on the much-expected tax relief for the middle class. Sitharaman had in her first Budget in 2019 replaced the leather briefcase — which was in use for decades for carrying Budget documents — with […]
Conducive environment for development in JK after Art 370 abrogation: Prez Murmu
Says pace of work tripled in govt’s third term New Delhi: President Droupadi Murmu on Friday said there is a conducive environment for development in Jammu and Kashmir after the abrogation of Article 370. Addressing both Houses of Parliament assembled together in the LokSabha chamber, Murmu noted that the LokSabha and assembly elections were conducted […]
