Author: Team Admin

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…

Finance Minister announces infrastructure projects for port connectivity and tourism in islands, including Lakshadweep, in the interim budget Finance Minister Nirmala Sitharaman announced on Thursday that the government will launch infrastructure projects for port connectivity and tourism on the country’s islands, including Lakshwadeep — an archipelago at the centre of a diplomatic row between India and Maldives. “To address fervour for domestic tourism, projects for port connectivity and tourism infrastructure and amenities will be taken up on islands, including Lakshwadeep,” Sitharaman said in her Interim Budget speech. Her reference to the scenic island came in the backdrop of a simmering…

Direct taxes demand up to ₹ 10,000 from the financial years 2010-11 to 2014-15 will also be withdrawn, Finance Minister Nirmala Sitharaman said in her interim Budget 2024 speech New Delhi: The Centre will not pursue taxpayers to recover old and disputed direct taxes up to ₹ 25,000 till the financial year 2009-10, Finance Minister Nirmala Sitharaman said in her interim Budget 2024 speech today. Direct taxes demand up to ₹ 10,000 from the financial years 2010-11 to 2014-15 will also be withdrawn, she said. “This will benefit about one crore taxpayers,” Ms Sitharaman said. “… There are a large…

Eight turtles visit Canacona beaches on a single night and lay over 897 eggs. Highest ever single day count; 1st Turtle Nest with 150 eggs at Agonda TRC failed to give even a single hatchling. Goemkarponn desk CANACONA: In the highest ever single-day count, as many as Eight (8) mother turtles laid over 897 eggs in various parts of Canacona Coastline increasing the Turtle Nests to 32 pits protected by Forest (Wildlife) at the twin Nesting Sites at Agonda and Galgibaga Turtle Rehabilitation Centre’s on Wednesday. While two turtle nests found at Rajbag Beach coast were excavated and about 201…

Goemkarponn desk PANAJI: High Court of Bombay at Goa today quashed and set aside the order by the State Commissioner for Persons with Disabilities rejecting the representation filed by a 58-year-old Bhatlem, Panaji resident to consider his case in connection with mental disability. The court order came in a petition filed by Sudesh Kumar Waingade in this regard. Waingade was in service with Goa government’s FDA department. While in service, he suffered from some mental ailment. He was treated at IPHB, Bambolim and a certificate has also been issued stating that he is suffering from schizophrenia. However, the Commissioner refused…