The Economic Times



Electric vehicles exempted from odd-even scheme

Delhi Transport Minister Kailash Gahlot in a statement said that the number of registered electric vehicles in the city was less than 1,000 and they are not likely to cause any congestion.

Tea planters seek exemption from two per cent TDS on cash withdrawal over Rs 1 crore

India, ASEAN and BBN countries (Bangladesh, Bhutan, Nepa...

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  • According to a senior government official, most demands made were on similar lines as before, including reduction in Universal Service Obligation Fund (USOF) levy and licence fees. The official added that one of the recommendations was related to input line credit.

    The ultra-mega solar park at Nokh, spread over 1850 hectare, will be the first project for developing a park under the new solar policy announced last month.

    The Mayor M Goutham Kumar on Friday promised that property owners can now upload the plan, prepared by an architect, on the BBMP website and the civic authorities will review and approve it within a week.

    "This Government has supported CAA and because of that, the Bill got passed into law, and because of that Sri Lankan Tamils and minorities have been betrayed," Stalin told reporters outside the State Assembly chambers. Stalin had filed a submission last week to move a private resolution in the Assembly asking the Centre to withdraw CAA.

    Replying to an RTI query, RBI said preliminary findings indicated large-scale irregularities, warranting supersession of its board of directors and imposition of all inclusive directions of the Banking Regulation Act, 1949. "The report is yet to be finalised as inspection with respect to PMC Bank's financial position as on March 31, 2019, is under progress," RBI said.

    The court had in October ordered Gurinder Singh Dhillon along with his wife Shabnam, sons Gurkirat and Gurpreet and daughter-in-law Nayan Tara to be personally present in the court on November 14, after Dhillon and his family members had said that they did not owe any money to RHC Holding Pvt Ltd, promoted by Malvinder and Shivinder Singh.

    Nearly 25 cr people are likely to take part in the strike to protest against govt's "anti-people" policies.

    The Personal Data Protection Bill (PDPB) 2019 is expected to become a law in 2020 once it is reviewed by the joint parliamentary committee (JPC). The Bill also gives Indian users rights to obtain personal data, correct, erase, update and port the data from one company to another, and raise grievances.

    A cut in personal I-T will put more money in the hands of people, lift overall sentiment, and perk up demand. However, while this story may play out with some time lag, tax loss would be immediate, adding to the Rs 1.45 lakh crore giveaway on account of corporate tax.

    In our hurry to complete the tax-saving exercise before the end of the financial year, we end up making expensive mistakes. Here is a handy guide to set you on the right path.

    The COSC comprising the chiefs of the army, air force and navy sent recommendations to the defence ministry on disability pension. One of the recommendations was “that income tax exemption should be given on the disability part of pension upto a certain limit,” according to Lt Gen Ashwani Kumar, the army’s Adjutant General, who deals with the matter.

    Not only should you ask your employer for the NPS benefit, but you should also invest in the scheme on your own. You can reduce your tax outgo significantly.

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