Search Results for: income tax

Union Budget 2014-15: 10 Terms Buzzing ahead of Budget Session

With a few weeks to go for the Budget session to begin, certain terms are being popularly used in the run up to the Union Budget.

Jun 20, 2014

U.S. President Obama meets Congressional leaders to discuss the situation in Iraq at the White House

Iraq Crisis: Obama Could Endorse Airstrikes Without Congress Approval

As Iraq has formally requested US' help of airstrikes to eliminate the ISIS militants, Obama indicated that should he take actions on Iraq, he would not need approval from lawmakers.

Jun 19, 2014

Boko Haram leader Abubakar Shekau speaks at an unknown location in this still taken from an undated video released by the outfit.

Boko Haram Demands 40 Cows Each for Release of 20 Abducted Fulani Woman

Nigerian Islamic militant group Boko Haram has demanded 40 cows each for the release of 20 Fulani woman they recently abducted.

Jun 13, 2014

Poor Aged Citizens in Bangalore Left Starving as Civic Body Stops Midday Meal Scheme

The Bruhat Bengaluru Mahanagara Palike (BBMP) left thousands of poor and aged citizens starving, by stopping its midday meal scheme abruptly from February.

Jun 12, 2014

India's Economic Growth Forecast: World Bank Projects 6.6% Growth for World's Largest Democracy by 2017

The World Bank has forecast India's economic growth at 5.5 percent in the fiscal year 2014-15, accelerating to 6.3 percent in 2015-16 and 6.6 percent in 2016-17, even as it projects a year of disappointing growth for developing countries.

Jun 11, 2014

FDI in Health Insurance Set to be Hiked to Health Insurance

The finance ministry is considering increasing the Foreign Direct Investment (FDI) in the insurance sector to 49 percent.

Jun 6, 2014

KCR to Demand Special Category Status For Telangana, To Meet Modi on Saturday

KCR is to demand a special category status and other sops for his new state on par with the promised incentives for Andhra Pradesh.

Jun 6, 2014

Nearly 2.1 Billion People in the World are Obese: Report

According to a new report, the number of people who are obese or overweight have gone up dramatically over the last 30 years.

May 29, 2014

Black Money: SIT Chief Confident of Quick Probe

The Union government has created a Special Investigation Team (SIT) to probe the issue of black money stashed abroad. Former Supreme Court judge Justice MB Shah has been appointed as the Chairman of the team and he has now promised to complete the probe as soon as possible.

May 28, 2014

Communal Harmony boosts growth of textile industry

Karnataka, May 26 (ANI): India is known for its diversity which is marked by harmonious relations between people of different communities. Historical fort city Chitradurga situated in southern state of Karnataka provides yet another example of this fact. Here, an all women textile training unit centre provides livelihood to people from different faiths who are working under one roof. Everyone gets training here in perfect harmony and religion has never come in the way of good relations between trainees. The girls who were confined to household work and agricultural labor are now finding good income in apparel designing and stitching garments. Girls selected in batches are trained in the state-of-art machines and are enabled to take up the challenges in the industry.

May 26, 2014

SC Gives UPA Government 1 Week to Set up SIT on Black Money Cases; Modi's Task Force Ready

The SC has given the government a week's time to form a Special Investigation Team (SIT) to probe into the black money stashed in foreign banks.

May 23, 2014

Bangladesh economist highlights challenges before middle-income vision

Dhaka, May 21 (ANI): Bangladesh’s senior economist Ashikur Rahman highlighted major challenges before the middle-income vision, which the government aims to achieve by 2021, as political strikes have resulted in staggering losses to the country’s economy. Rahman said that there was a need to overcome challenges related to energy security and diversification of export base to achieve the goal of middle-income status. Unrest eased after the polls, which were boycotted by the main opposition Bangladesh Nationalist Party, and shunned by international observers. But the respite could be short-lived as the opposition has said it will launch a fresh movement to try and topple the government. Expressing his concern over chronic poverty in the country, Rahman said the government should focus on promoting a better healthcare sector and better education to achieve inclusive growth.

May 21, 2014

People walk past the Bombay Stock Exchange (BSE) building in Mumbai (Reuters)

Modi's Victory to Trigger Big Shares Sale, IPO May have to Wait

Narendra Modi's landslide election win is set to trigger billions of dollars in share sales by Indian companies riding market optimism, but big-ticket IPOs may have to wait until the new leader proves he can deliver on promised reforms.

May 20, 2014

Bangladesh academician hopes for middle-income status by 2021

Dhaka, May 19 (ANI): Pinning hope on economic revival, Bangladesh academician Bazlul H. Khondker said on Monday that the country will achieve middle-income status by 2021, even as he expressed concerns over trade concessions. Professor of Economics at Dhaka University, Khondker, said that they were concerned about losing trade concessions rather than low cost lending or investment.

May 19, 2014

four-engineering-students-drown-in-west-bengal

Tripura's tea industry ailing due to dry spell

Tripura, May 18 (ANI): Tea planters in Tripura fear a massive fall in leaf production as the prolonged dry spell can push the industry into a crisis situation. In large areas the bushes have become almost black in colour as the buds have started dying up due to the excessive temperature in spite of artificial irrigation. The workers complained that due to inadequate rainfall they were incurring losses as they were paid on daily basis and during the lean period they do not have much work or any extra income.