Indian-origin hacker gets 51 months jail for computer fraud in US

Muzaffarpur businessman cheated by cyber criminals of Rs 89.90 lakh

Cyber cheats defrauded a Muzaffarpur businessman of Rs 89.90 lakh by alleging his involvement in a money laundering case, an official said on Saturday. The complainant has lodged an FIR in the Muzaffarpur cyber police station and the matter is under investigation by Bihar Police's cyber cell. Jul 27, 2024
Union Finance Minister Nirmala Sitharaman, Minister of State in Finance Pankaj Chaudhary and other members of finance ministry leave to present the budget in Parliament

How full Budget 2024 compares with Interim Budget: Explained

The Union Budget 2024-25 focuses on empowering youth, women, farmers, and the poor, with significant allocations for employment and skilling. Fiscal consolidation is strengthened, with a reduced fiscal deficit target and lower planned gross market borrowing. Revised tax slabs and a comprehensive review of the Income Tax Act aim to simplify tax compliance and boost sectors. The budget retains a high allocation for the Ministry of Defence, promoting 'Aatmanirbharta' in Defence technology and manufacturing. Jul 24, 2024
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
INDIA AMERICA

Indian-American scientist discovers new biomarker for obsessive compulsive disorder

Dr. Sameer Sheth's team identified a unique neural activity pattern in OCD patients undergoing deep brain stimulation (DBS). The team used contemporary DBS devices to record brain activity, observing changes in patients' daily lives. The study, published in Nature Medicine, suggests this biomarker could revolutionize understanding and treatment of OCD. This discovery offers hope to patients resistant to traditional therapies and opens avenues for more effective treatments. Jul 13, 2024
COAI urges Centre to reduce tax burden on telcos in Union Budget

Union Budget 2024-25: Telecom Sector association seeks Tax Relief for cellular operators

The Cellular Operators Association of India (COAI) has recently called upon the Indian government to alleviate the tax burden on telecom service providers (TSPs) in the forthcoming Union Budget 2024-25. The COAI believes that this move will significantly bolster the financial health of the telecom sector, which is currently wrestling with a multitude of challenges. Jul 10, 2024