Author: Team Admin

MUMBAI: Experts feel an amendment can be proposed for the application of standard deduction as a percentage of an individual’s salary income, ensuring fair and equal benefits for all employed individuals. Budget 2024 Expectations: Salaried individuals have not received any additional relief in the form of a standard deduction, as it has remained unchanged for all individuals, regardless of their income levels. The upcoming Interim Budget 2024, scheduled to be presented in Parliament on February 1, is eagerly anticipated by taxpayers who hope for some relief in income tax. There are expectations of an increase in the standard deduction in…

The partnership seeks to broaden the utilisation of UPI payments for travellers outside of India, facilitating convenient transactions abroad MUMBAI: Google India Digital Services (P) Limited, the entity behind Google Pay India, has signed a Memorandum of Understanding (MoU) with NPCI International Payments Ltd (NIPL), a wholly-owned subsidiary of the National Payments Corporation of India (NPCI), for the global expansion of Unified Payments Interface (UPI). The focus of this partnership is to extend the transformative impact of UPI beyond Indian borders. In terms of key objectives firstly, it seeks to broaden the utilisation of UPI payments for travellers outside of…

WASHINGTON: US Secretary of State Antony Blinken on Wednesday praised India’s impressive achievements under the leadership of Prime Minister Narendra Modi, describing it as an “extraordinary success story.” Speaking at the World Economic Forum’s annual meeting in the Swiss ski resort of Davos, “We see the remarkable achievements that PM Modi has achieved,” Blinken said, highlighting the positive trajectory of India’s growth and development. The top American diplomat underlined the dedication and deliberate efforts of both Prime Minister Modi and US President Joe Biden in taking the relationship between the two countries to new heights. “The relationship between our countries…

For a seamless flow of crude oil, India is betting on the Strait of Hormuz, a crucial passage through which most of the commodity is exported from Saudi Arabia, Iran, the UAE, Kuwait, and Iraq, for Asian buyers. NEW DELHI: If the Suez Canal crisis spreads, India has the option of relying more on countries like Iraq for its crude oil needs since it comes through a safer route, a senior Indian government official said. There are concerns that the flow of Russian oil from the Black Sea region may get delayed or disrupted given the recent spate of attacks.…

Three convicts in the Bilkis Bano gang rape case have moved the Supreme Court seeking an extension of time to surrender before the concerned jail authorities. The pleas were mentioned before the Top Court on Thursday, following which it agreed to hear them on Friday (January 19). The matter seeking an extension of time was mentioned before a bench of Justices B V Nagarathana and Sanjay Karol, which asked the Registry to seek orders from Chief Justice of India DY Chandrachud to constitute a bench with Justice Ujjal Bhuiyan to hear the petitions on Friday. “It is stated by three…

Goemkarponn desk MARGAO: “Let us celebrate his Centenary by putting into practice ‘Konkani Uloi, Konkani Boroi, Konkanitlyan Sarkar Choloi’. CM ani BJP Sarkar Jayaat Jaage,Goemche Mhaze Goemkarano Jayat Jage”, stated Leader of Opposition Yuri Alemao while remembering renowned Konkani Poet Manoharrai Sardessai on his 100th Birth Day. Manoharrai Sardessai was born on 18th January 1925. As the Birth Centenary Year of Sahitya Akademi Award winning Great Goan Poet begins today, Goa Government must celebrate the year by implementation of Official Language Act in Letter and Spirit, said Yuri Alemao. “I hope BJP Government will have some funds to commemorate the…

New Delhi: Low-cost carrier IndiGo has been fined ₹ 1.2 crore by the Bureau Of Civil Aviation Security (BCAS) after a viral video showed passengers eating on the tarmac as they waited for their delayed flight to take off. The country’s aviation regulator, DGCA, also took cognisance of the video circulating on social media and ordered Mumbai Airport to pay ₹ 30 lakh for the violation. On Tuesday, the Centre issued show-cause notices to IndiGo and Mumbai Airport over the video of passengers eating on the tarmac. IndiGo has been asked to pay the amount – the highest penalty to…