Author: Team Admin

Goemkarponn desk PANAJI: The newly elected committee of the Goa Table Tennis Association (GTTA) embarked on a courtesy visit to the Honourable Chief Minister, Dr Pramod Sawant, extending warm felicitations and fostering interactions on the table tennis scene in the state. Led by President Sudin Verenkar, the delegation included Secretary Christopher Menezes, Vice President Mayur Sawkar, Joint Secretary Nilesh Kirtani, and Executive members Kabir Pinto Makhija and Santosh Verlekar. During the meeting, President Sudin Verenkar extended heartfelt congratulations to the Honourable Chief Minister for the huge success achieved in hosting the 37th National Games in Goa. The committee commended the…

In Interim budget passed by Sitharaman No Tax Change, “Viksit Bharat” the Mantra, Presenting her sixth straight (but first interim) budget, Nirmala Sitharaman also said Prime Minister Narendra Modi’s government is working to make India a ‘Viksit (Developed) Bharat’ by 2047. New Delhi: There will be no change to income tax slabs, which have been reduced and rationalised, in the 2024 interim Budget, Union Finance Minister Nirmala Sitharaman said Thursday morning, as she read out a statement of the country’s finances in a special session of Parliament. “I propose to retain the same tax rates for direct and indirect taxes,…

AERIAL VIEW It is with bated breath that the Union Budget is awaited every year, for it dictates if the middle class in the country will enjoy more savings or not. With high inflation and interest rates in the last few years, most people have been struggling to maintain their standard of living. Now, it is a ‘vote-on-account’ which has only one purpose to keep the government solvent for the first quarter of the current fiscal year. What’s worrying is that there is a budget deficit of Rs 18 lakh crores. This means that the government is borrowing for its…

Goemkarponn Desk CACRA: A worrying issue has been brought to light by Cacra fishermen, who claim that since 2014, the Goa Fisheries Department has not collected the corpus fund from non-motorized fishermen. A wave of dissatisfaction among fishermen has been sparked by this disclosure, casting doubt on the impartiality and openness of the department’s policies. The impacted fishing community is angry and in search of explanations when it was found that the corpus fund, which was meant for the welfare and advancement of fishermen, had been disregarded for almost eight years. Fishermen in Accra are now pressuring the Fisheries Department…

Goemkarponn desk PANAJI: While welcoming the union Interim budget 2024-25, the Goa Chamber of Commerce & Industry (GCCI) is hopeful that the extended central loan scheme for infrastructure development will give a major boost to tourism sector in Goa. The GCCI office bearers was reacting to the Union Interim Budget 2024-25. “We are happy that some of suggestions recommend by GCCI have been extended like extended the scheme for start up for 1 more year,” said GCCI President Shrinivas Dempo. He further said that loans for state government to complete for state government to pursue their reforms in infra is…

Goemkarponn desk PANAJI: The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, while presenting the Interim Budget 2024-25 in Parliament today asserted that by unifying the highly fragmented indirect tax regime in India, GST has reduced the compliance burden on trade and industry. “According to a recent survey conducted by a leading consulting firm, 94 per cent of industry leaders view the transition to GST as largely positive and according to 80 per cent of the respondents, it has led to supply chain optimization” she said. Smt. Sitharaman further added that at the same time, tax base of…

As a result, it expects a worst-case impact of Rs 300 crore (USD 36.12 million) to Rs 500 crore to its annual earnings before interest, tax, depreciation and amortisation (EBITDA). MUMBAI: Responding to the Reserve Bank of India move to bar Paytm Payments Bank, an associate of One 97 Communications, the fintech company has said it will take steps immediately to comply with the RBI’s directions. As a result, it expects a worst-case impact of Rs 300 crore (USD 36.12 million) to Rs 500 crore to its annual earnings before interest, tax, depreciation and amortisation (EBITDA). One 97 Communications will…