Nancy Pelosi’s Taiwan visit lacks strategic component, aim unclear
The fact that Pelosi went ahead with the visit even though she was asked by the US military not to do so has led many to wonder if the trip had more to do with her personal agenda and her desire to leave behind a legacy.
No GST on chequebooks for customers, FM Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said there is no GST on chequebooks for bank customers, as she tried to clear "misinformation" over issues related to the imposition of the levy on various products and services. Also, there is no GST on crematorium, funeral, burial, or mortuary services, the minister said.
No plans to bring census into concurrent list: Govt
Rai, Union minister of state for home, also said that due to the outbreak of COVID-19 pandemic in March 2020, the Census 2021 and the related field activities have been postponed indefinitely.
Top 10 FAQs related to income tax returns filing clarified
The top 10 FAQs about submitting an income tax return for AY 2022–2023 have been made public by the Income Tax.
Delhi govt to go back to old policy of retail liquor sale: Officials
The Excise Policy 2021-22, which was extended twice after March 31 for a period of two months each, will come to an end on July 31.
188 people died while cleaning sewer and septic tanks: Govt
Responding to a question in Lok Sabha, Minister of State for Social Justice and Empowerment Ramdas Athawale said an amount of Rs 266.16 crore has been spent by the Ministry of Social Justice and Empowerment under the Self Employment Scheme for Rehabilitation of Manual Scavengers (MS)’ since 2013-14.
Trust-based taxation system resulting in improved collections: FM
In her message on the 163rd Income Tax Day, the finance minister complimented the department for achieving the highest-ever revenue collection of over Rs 14 lakh crore in the last fiscal and expressed hope that the momentum would continue in the current fiscal too.
Shops to display names in Marathi: SC notice to Maharashtra govt on plea against state govt's rule
The high court had noted that there was no bar on using any other language on their display board and the rule only mandated the shop’s name to be displayed in Marathi.
ECB raises rates by 50 basis points, first rate hike since 2011
The ECB raised its benchmark deposit rate by 50 basis points to zero percent, breaking its own guidance for a 25 basis point move as it joined global peers in jacking up borrowing costs. It was the euro zone central bank's first rate hike for 11 years.
Coal allocation cannot amount to proceeds of crime under money laundering law: Delhi HC
The observation was made by Justice Yashwant Varma while quashing the proceedings initiated against a company by the Enforcement Directorate, including provisional attachment of properties, in connection with an alleged money laundering case arising from the allocation of a coal block to it by the authorities in 2003.
SEBI files FIR over cyber security incident
Various mitigation measures were immediately taken in response to the said cyber security incident including, informing CERT-IN as per the standard operating procedure, strengthening the required security configuration of the system, etc, SEBI said
Centre extends RoSCTL scheme till March 31, 2024 for export of apparel/garments
After the introduction of GST in 2017, the RoSL (Rebate of State Levies) scheme was replaced by a new scheme – Rebate of State and Central Taxes Levies (RoSCTL) in March 2019.
Aadhaar-voter list linkage: EC warns of severe action against poll officials if Aadhaar data leaked
The Commission has also emphasised that submission of Aadhaar by electors is "voluntary."
Sebi comes out with new format for disclosure of shareholding patterns
In the disclosure of public shareholding, names of the shareholders holding one per cent or above of shares of the listed entity is to be disclosed.
Extending Pradhan Mantri Garib Kalyan Anna Yojana beyond September not advisable on fiscal ground: Expenditure department
The department also said the high food security cover has already "created a serious fiscal situation" and is not needed in non-pandemic times.
DA Update: Hike in dearness allowance may raise salaries of Govt employees in July
Employees may also get the payment of an 18-month DA arrear and interest on provident fund (PF), according to reports
PM Modi to chair first National Conference of Chief Secretaries
The outcomes of the conference will be deliberated in the governing council meeting of NITI Aayog, where chief ministers and administrators of all states and union territories will be present.
FM Nirmala Sitharaman launches single nodal agency dashboard
The SNA dashboard will provide a platform for ministries and departments to monitor transfer of funds to states and their utilisation.
Defence Acquisition Council clears proposals worth Rs 76,390 crore
The council approved procurement of rough terrain fork lift trucks, bridge laying tanks, wheeled armoured fighting vehicles with anti-tank guided missiles and weapon locating radars.
Focus on direct benefit transfer errors may hurt real, potential beneficiaries: Report
The nuts and bolts that underpin the DBT like complete digitisation of records, seeding of Aadhaar, cash-out architecture are not without fault lines, the report says
Government stays the course on bank privatisation: Sources
According to reports, the government is on track to privatise two public sector banks (PSBs) and would take proper steps in the coming months, the administration stated its intention to privatise two PSBs this year in the Union Budget for 2021-22 as well.
Government’s rethink on role of Chief of Defence Staff is a step in the right direction
While it is welcome that the government is relooking the entire CDS episode, the question remains: is it asking the right questions?
Gurugram Building Collapse | What should property buyers, owners keep in mind to avoid such tragedies
In many cases, the problem could be poor quality of materials used, or poor workmanship
China’s strategy is to instil the fear of war and win without fighting
The mobilisation in Ladakh served as a signal to the US that China can simultaneously mobilise for war on two fronts, even at the height of a pandemic, and has the economic capacity to afford it
