(FE) The Union Cabinet is likely to consider tomorrow a draft amendment bill which seeks to double the ceiling of tax-free gratuity to Rs 20 lakh under the Payment of Gratuity Act. Besides, the bill seeks to enable the central government to change the ceiling for tax free gratuity after factoring in rise in income levels by an executive order bypassing Parliament route to amend the law. “The bill to amend the Payment of Gratuity Act is likely to be considered and approved by the Union Cabinet in its meeting scheduled tomorrow,” a source said. After the amendment in the…
Author: Aruna Sharma
(NDTV) अब तक एटीएम से ‘चिल्ड्रन बैंक ऑफ इंडिया’ के नोट निकलने के मामले सामने आ रहे थे, अब इन नोटों को बैंक में जमा करने की कोशिश का मामला सामने आया है. यह मामला हैदराबाद में सामने आया. पुलिस ने यह कोशिश करने वाले को हिरासत में ले लिया है. दो हजार और 500 रुपये के नए नोट प्रचलन में आने के बाद ‘चिल्ड्रन बैंक ऑफ इंडिया’ लिखे हुए नोट बाजार में बिकने लगे हैं. इन नोटों को वैसे तो बच्चों के खेल के लिए प्रयुक्त किया जाता है, लेकिन असली नोटों से काफी हद तक मिलते-जुलते इन नोटों…
(FE) State Bank of India (SBI) today announced a one-time farm loan settlement scheme worth Rs 6,000 crore primarily for tractors. “One Time Settlement (OTS) announced for #Agriculture #Loans! Scheme valid until 31st March. Contact your branch for details & benefits,” the nation’s largest lender said on the microblogging site Twitter today. Managing director Rajnish Kumar told CNBC-TV18 the scheme will result in the bank taking a 40 per cent haircut on outstanding tractor loans as of September 2016. SBI’s total farm loan portfolio is Rs 1.25 trillion and Kumar said the tractor loan book is about Rs 6,000 crore.He said…
(NBT) पाकिस्तान के प्रधानमंत्री नवाज शरीफ ने कहा है कि जबरन धर्मांतरण और दूसरे धर्मों के पूजा स्थलों पर हमला करने को इस्लाम में अपराध माना गया है। शरीफ ने यह बात होली पर आयोजित एक समारोह के दौरान कही। उन्होंने जोर देकर कहा कि पाकिस्तान किसी धर्म के खिलाफ नहीं है और यहां धर्म को लेकर कोई लड़ाई भी नहीं है। पाकिस्तान में हिंदू मंदिरों पर हमले और हिंदू महिलाओं के जबरन धर्मांतरण की कई घटनाएं होती रही हैं। ऐसे में प्रधानमंत्री शरीफ का यह बयान काफी अहमियत रखता है। होली पर हिंदुओं को शुभकामनाएं देते हुए नवाज ने…
(PTI) The government needs to bail out large corporate borrowers at times in a capitalist system though it may lead to charges of cronyism, Chief Economic Adviser Arvind Subramanian has said, while supporting the idea of a ‘national bad bank’. Conceding that bailing out big borrowers will lead to the allegations of corruption and crony capitalism, he underlined that at times there is no other way to solve the problem but to write off the mountain of debt. The Non Performing Assets (NPAs) or bad loans in the banking system, particularly state-owned lenders, more than doubled to Rs 6.95 trillion (Rs…
(PTI) Uttar Pradesh BJP legislature party is likely to meet here on March 16 to decide who would be the next chief minister of the key Hindi heartland state, days after the party’s landslide victory. The saffron party is set to return to power in the state after a decade-and-a-half. The party’s central observers, Union Minister M Venkaiah Naidu and BJP general secretary Bhupendra Yadav, would be present at the meeting.The secretary of the Parliamentary Board and Union Minister J P Nadda had said after its meeting on Sunday that BJP chief Amit Shah has been authorised to choose the next…
(ET) Manohar Parrikar was today sworn in as the new Goa chief minister. He will have to take the floor test on Thursday. The swearing-in ceremony was attended by top leaders of BJP, including Amit Shah, Nitin Gadkari and Venkaiah Naidu. Eight other ministers also took oath. Earlier in the day, the Supreme Court refused to stay the swearing in ceremony of Parrikar but asked the Goa governor to conduct the floor test on March 16; the governor had earlier given 15 days to 15 days to the BJP to prove its majority in the newly elected Goa assembly. Congress had…
As per the Working Group Report on Foodgrains-Balancing Demand & Supply During 12th FYP of Niti Aayog the projected demand for pulses during 2016-17 is estimated to be around 24.61 million tonnes while the estimated production of pulses is 22.14 million tonnes, thereby implying higher demand than domestic production. The Government has approved creation of buffer upto 20 lakh tonnes of pulses. As on 08.03.2017, around 14.66 lakh tonnes of pulses have been procured or contracted for imports towards building the buffer. The Government has contracted imports of 4.06 lakh tonnes of pulses towards building the buffer stock. The prices…
(AU) फरवरी माह में थोक व खुदरा दोनों ही स्तर पर महंगाई दरों में बढ़ोतरी हुई है। खाद्य पदार्थ व फ्यूल के थोक दामों में बढ़ोतरी की वजह से फरवरी माह की थोक मुद्रास्फीति दर 6.55 फीसदी के स्तर पर पहुंच गई, जो कि पिछले 39 महीनों में सबसे अधिक है। फरवरी माह में खाद्य वस्तुओं की थोक मुद्रास्फीति दर 2.69 फीसदी रही, जबकि इस साल जनवरी में खाद्य वस्तुओं की थोक महंगाई दर नकारात्मक 0.56 फीसदी दर्ज की गई थी।वहीं फरवरी माह की खुदरा महंगाई दर बढ़त के साथ 3.65 फीसदी के स्तर पर पहुंच गई, जबकि इस साल…
(Tribune) The Supreme Court on Tuesday refused to stay the swearing-in of BJP leader Manohar Parrikar as the Chief Minister of Goa.A three-judge bench headed by Chief Justice of India JS Khehar, however, requested Governor Mridula Sinha to convene the Assembly on March 16 when the only agenda before the House, apart from oath-taking of MLAs, will be the floor test. The Governor, who had appointed Parrikar as Chief Minister on Monday, had given him 15 days to prove his majority in the 40-member House. He is likely to be administered oath on Tuesday evening.The bench didn’t agree with Goa…