By Dr. R. Balasubramaniam The Union budget of India arouses not only interest but passionate debate across the country. From Corporate czars to the experts on television shows, to the man on the street, everyone likes to comment on the Union budget. Each one tends to see it from their own perspective and form opinions…
Madikeri: The Union Government yesterday approved the appointment of IAS Officer S.S. Nakul as Private Secretary to the Minister for Finance and Corporate Affairs Nirmala Sitharaman in the Ministry of Corporate Affairs (MoCA) at the level of Deputy Secretary. Incidentally, Nirmala Sitharaman is a Rajya Sabha member from Karnataka. According to an order from the…
Writes to PM & Finance Minister Mysore/Mysuru: The Mysore City Pensioners Association, Siddarthanagar, has urged the Union Government to reduce Income Tax slab on dividends and interest on fixed deposits for senior retirees and pensioners. In a letter addressed to Prime Minister Narendra Modi, the copies of which have been sent to Union Home Minister…
Indian Institute of Heritage and Conservation (IIHC) to help save heritage monuments, archaeological sites By S.T. Ravikumar Mysore/Mysuru: There is a growing chorus in favour of establishing Indian Institute of Heritage and Conservation (IIHC) with the status of a Deemed University under the Ministry of Culture in the Heritage City of Mysuru. Tourism stakeholders, archaeology…
New Delhi: With Mysuru known as the cultural capital of Karnataka and also for its rich heritage, the State’s Kannada and Culture Minister C.T. Ravi has appealed the Union Government to set up an Indian Heritage Conservation Varsity declared in this year’s Union Budget, at Mysuru. Ravi, who met Union Finance Minister Nirmala Sitharaman at…
New Delhi: Finance Minister Nirmala Sitharaman has said that debit card holders who withdraw cash from any bank’s ATM can do it free of charge for the next three months to promote digital financial transactions at the time of coronavirus pandemic. “ …so you may have a debit card from a bank, a particular bank,…
Mysore/Mysuru: Hundreds of harried Yes Bank depositors rushed to ATMs in city to withdraw cash but faced multitude of problems including closed down machines and long queues, after the RBI placed the bank under a moratorium, capping maximum withdrawals at Rs. 50,000 per account for a month. Aggravating the problems of depositors were difficulties accessing…
10% for income between Rs. 5 lakh and Rs. 7.5 lakh against 20% 15% for income between Rs. 7.5 lakh and Rs. 10 lakh against 20% 20% for income between Rs. 10 lakh and Rs. 12.5 lakh against 30% 25% for income between Rs. 12.5 lakh and Rs. 15 lakh against 30% Government to sell…
Dividend Distribution Tax for companies abolished New Delhi: Union Finance Minister Nirmala Sitharaman sought to assure the people that schedule commercial banks and depositors money is absolutely safe and that a robust mechanism is in place to monitor them. The assurance comes at a time when depositors, especially senior citizens, are worried about the fate…
Tracing the journey of India’s traditional ledger wrapped in red cloth New Delhi: As the nation awaits Finance Minister (FM) Nirmala Sitharaman’s second Union Budget presentation on Saturday, the “Bahi Khata”, which appeared for the first time in 2019 Budget Session, popped up again replacing the standard Budget briefcase. In 2019, Finance Minister Sitharaman ditched…
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