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Finance Minister Nirmala Sitharaman

Comprehensive review of Income Tax Act announced in Union Budget

Finance Minister Nirmala Sitharaman announced a comprehensive review of the Income Tax Act, 1961 to simplify the tax regime. The tax regime for charities, TDS rate structure, and capital gains taxation are also being simplified. The government's efforts to simplify taxes are part of a broader effort to improve taxpayer services and reduce litigation. The government also announced measures to make life and health insurance plans more affordable. Jul 23, 2024
Monsoon Session of Parliament begins today

Monsoon Session of Parliament: A Confluence of Debate and Decision

Key bills to be presented include the Bharatiya Vayuyan Vidheyak, 2024, and the Disaster Management (Amendment) Law Bill. The opposition, led by Congress, plans to challenge the government on issues such as public examination irregularities, price rise, and unemployment. Jul 22, 2024
Centre convenes all-party meet today ahead of Budget Session

Centre convenes all-party meet today ahead of Budget Session

The Centre has convened an all-party meeting on Sunday ahead of the Budget Session of Parliament. The Budget Session will commence on Monday (July 22) and will conclude on August 12. Finance Minister Nirmala Sitharaman will present the Union budget in Parliament on July 23. Jul 22, 2024
Microsoft Teams suffers mega outage, company says fixing

Microsoft Outage: CrowdStrike Details the Issue

As millions of Windows computers were left crippled for hours, disrupting the services of airlines, banks, hospitals and stock exchanges worldwide, cyber-security platform CrowdStrike on Saturday tried to explain what actually went wrong at their end. Jul 20, 2024
Microsoft

Aftermath of Microsoft Outages

Microsoft incident serves as a crucial learning opportunity for organizations worldwide. It emphasizes the importance of preparedness, the need for continuous improvement in cybersecurity measures, and the value of collaboration between public and private sectors. Jul 20, 2024
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