Finance minister Nirmala Sitharaman, while presenting the union budget, has labelled cryptocurrency as digital assets and their transaction is now taxable by 30%. Whatever profit is earned out of the cryptocurrency and other digital assets, 30$ of direct tax will be levied, which is a heavy amount. Does this signal that cryptocurrency has been legalised in the country? Cryptocurrency may be a digital payment system that does not deem banks to verify transactions. It’s a peer-to-peer system that will alter anyone anyplace to send and receive payments. Rather than being physical cash carried around and changed within the globe, cryptocurrency payments exist strictly as digital entries to internet info describing specific transactions. After the transfer of cryptocurrency funds, the tran...
Read MorePooja Yadav
To be beautiful means to be urself..and I mean it.
The government collects tax for meeting its different expenses. The government uses these tax collections for meeting different expenses like expenses on the infrastructure, defense, welfare schemes, education, and health. The taxes are collected by the government through a system. Many times government covers these expenses takes the loan and raises money from other means too. Income tax is a very important means of collecting revenue among the other sources. According to the report of Times of India,28 percent of the government s revenue was contributed by the taxpayers in 2020-21. This figure becomes more interesting when we get to know that out of this only 1 percent of the people give income tax. In the budget, Nirmala Sitaraman our finance minister recognize the efforts of t...
Read MoreRecently while presenting the budget recognized the efforts of taxpayers and their productivity. But Mr. Subrahmanyam swami a renowned political leader in an interview given to India today has said that income tax should be abolished. India needs about 14 percent of growth rate to become a 5 trillion economy. This could be achieved only by abolishing the income tax according to Mr. Subramanyam swami. Through this article, we will discuss the different aspects of income tax or should be abolished or is it unfair for the individuals?. Let's start the discussion then... DEMAND FOR ABOLISHING THE TAXThe demand for abolishing the income tax is not new. There were many times people and experts have demanded to abolish the income tax and some even called this system a cruel one. The d...
Read More“Masada Fortress Lights Up Marking 30 Years Of India-Israel Friendship”-Know More About This Place
Masada is associated with ancient stone defense in Israel, placed high on top of the Dead Sea on a tall, rocky mesa. currently associate Israeli parkland and a UN agency World Heritage website, the 840-acre advanced holds healthy ruins attesting to the history of the traditional kingdom of Israel and also the courageousness of its folks within the face of a Roman beleaguering. LocationMasada is found in Israel on the sting of the Judean desert, between Ein Gedi and Sodom, on cliffs created of chalk, dolomite, and soil strata regarding one,300 feet (400 meters) on top of the Dead Sea. Because of the desert climate, the encompassing space is just about untenanted and undeveloped. King HerodMeaning “strong foundation or support” in Hebrew, Masada may be a natural def...
Read MoreIndia and Israel are celebrating their 30 years of diplomatic relationship and a special bond based on humanity and friendship. On this occasion, both countries uniquely celebrated this special day by choosing important UNESCO heritage monuments of their respective countries. India displayed the logo and flag of Israel along with its national tricolour flag on the gateway of India whereas Israel displayed a logo that was the combination of both the countries' flags and displayed it on its most historical monument called Masada fortress. Masada is a very important fortress situated near the dead sea. after Jerusalem, it's the next most attractive tourist destination in Israel. It has a very close connection with Jewish, Islam, and Christianity. Both the monuments have their hist...
Read MoreBJP leader Subramanian Swamy has recently talked about abolishing the income tax. He shared his opinion during an interview with India Today. Also, Union finance minister Nirmala Sitharaman from the podium of parliament recognised the efforts of middle-class salaried people and their constant efforts. Through this article let's have a look into this crucial topic, should income tax be abolished and also discuss those countries where either income tax is abolished or have a minimum slab rate. Income Tax Payers Despite actively participating in India's GDP, the current Union budget has disappointed the taxpayers. However, if we go by the percentage, only 1-2% are covered by income tax. It suggests how important taxpayers are to the government's treasury. Many economists consid...
Read More“Pandemic And Rivers”-How This Pandemic Affected Rivers? Why Riverine Problems Is Still A Challenge?
During the pandemic, our natural resources were found to heal themselves amid the lockdown. The ecosystem was found to be healing on its own. Vast stretches of rivers were seen cleaned compared with its earlier condition. Rivers are once again seen as untidy and polluted, impacted by the damaged ecosystem. The conditions of rivers all around the world are an alarming signal for us to do something about it. world leaders participating in different submit have expressed their concern over the ecosystem damage. these rivers once we're calling as veins and arteries of this planet are in the worst state. politicians, leaders, environmentalists, and other stakeholders are trying to find new ways to protect our natural resources. if we the connectivity status of all rivers except Anta...
Read MoreIndia plans to build a road to Lepulekh Pass. There has been no proper road infrastructure that could support the journey to Mansarovar. Therefore, India plans to make a road to the region which would lessen the time and journey. However, as a result of this announcement, it has provoked outrage in Nepal. Let's discussed this in detail. What Happened? The proposal of widening the road to Lepulekh Pass has triggered political parties in Nepal. There is a trip junction between India, Nepal and China. Earlier, Nepal never included Limpiyadhura, which is near Lepulekh Pass, in its Territorial map and therefore since partition, this area is been administered by India. Therefore, India unilaterally decided to build a road to Lepulekh Pass to ease the travel to Tibet. The ruling, a...
Read MoreAir Indian can now fly to the United States amid the 5G rollout by the country. The Federal authority has given clearance to fly B777 flights into the country. Earlier, as many as eight Air India flights to the US were cancelled due to the 5G rollout. "Boeing has cleared Air India to operate in the USA on B777. Accordingly, the first flight has left this morning to John F Kennedy. Other flights leaving in the day are to Chicago and San Francisco. Arrangements to carry stranded passengers are being worked out. Matter regarding B777 flying into the USA has been sorted," said Air India. Why Flights Were Cancelled? On January 14, 2022, the Federal aviation administration warned that two companies in the United States have rolled out the 5G services, and the spectrum allowed to ...
Read MoreIndia Registers Active Covid Cases Of Over 3 Lakh In 24hrs; Lessons World Can Learn From COVID-19
There is no doubt that pandemic has been harsh on everybody be rich or poor every has some sort of devastating story to tell which pandemic has given to them. Some became orphans some lost their earning members. Some lost their dear ones and many suffered from the devastating events. There is a saying every coin has two sides. Though pandemics being harsh on everyone has taught some lessons from our routine jogging to shaping our view indeed pandemics taught us few lessons which the world should recognize. Let's see how. Preparedness Getting ready in advance for any emergency-like situation which could probably happen in the future can help to minimize the effect arising out of any pandemic-like situation. During the initial stages, the lack of awareness and testing infrastr...
Read MorePune Police To Take Help From Foreign Agencies In Solving India’s Biggest Cyber Fraud
Cyber fraud has been an issue for all law enforcement agencies. Internet connectivity and digitization have provided such opportunities which helps criminals to commit crime sitting in any corner of the world. An example of such a fraud can be India's one of the oldest banks, Cosmos Co-Operative Bank Ltd. In 2018, crores of rupees were fraudulently withdrawn from ATM's around the world including India. Pune police are planning to take help from the enforcement agencies of 31 countries including the US and Canada find out the criminals involved in the cyberattack. Let's try and understand what went wrong with cyber security and how this fraud is somewhere associated with north-Korea. Cosmos Co-Operative Bank is 112 years old and is one of the oldest banks in India whose head...
Read More“Partygate Scandal”-Boris Johnson Has Much More To Explain…
The pm of Britain Boris johnson right now defending itself against its party members who are accusing him of a scandal called the Christmas party or party gate scandal. The media is covering this scandal very aggressively leaving no scape for Boris johnson. The pm johnson is accused of attending parties during severe lockdown held in 2020 which offended the public of Britain especially when the covid has been harsh on every single person. When every person is fighting for their lives, following social distancing, minimizing the social gathering and what not. This has built a very negative image of Boris johnson in public Britain. Some are even calling him irresponsible who is not even dedicated to the public of Britain. He seems to be unfit to run the country. Some are even saying him to ...
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