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Want To Know Some Facts About Income Tax ?-Read On!

Pooja YadavFebruary 5, 20220

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...

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BJPEducationINCLatest NewsNewsPoliticsSocietyTRENDING

“Why Wearing Hijab Needs A Hisab?” Karnataka Hijab Row Intensifies, Reaches HC

Sonia SolankiFebruary 5, 20220

The truth of our society is far from the written document the Constitution, for the Indian citizens. The Karnataka hijab row is one such incident. Not only this, a BJP minister even compared it to the "Talibanisation" of Karnataka. In such a scenario, the girls and their families are finally protesting against the move laid down by the college authorities. The whole ruckus started at the Women's Government College in Udupi. Still, the girls are sitting outside the class and listening to lectures, as they are not allowed in the classroom. The group of Muslim girl students and their families have filed a petition in the High Court of Karnataka. The petition is due for a hearing on February 8, 2022. Hijab Row Intensifies As Muslim Girls Stopped Outside The College It is a sheer...

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ElectionsLatest NewsPoliticsPunjab Elections

‘No State Secret’: Manish Tewari On Being Dropped From Punjab’s Star Campaigner List

Snehashish RoyFebruary 5, 20220

Senior Congress leader Manish Tewari made a remark at his party following the removal of his name from the list of star campaigners for the forthcoming Punjab Assembly elections. He pointed out that the omission of his name was "no state secret." Congress general secretary K C Venugopal released a list of 30 star campaigners for Punjab Assembly elections on Friday. The list has names of prominent leaders including Rahul Gandhi, Manmohan Singh, Priyanka Gandhi Vadra and Sonia Gandhi. The list doesn't mention the name of Ghulam Nabi Azad along with Tewari. “I would have been pleasantly surprised if it would have been the other way around. The reasons are also no state secret,” Tewari said. He made this remark in response to the former Congress MP Abhijit Mukherjee's observati...

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ArticleBusinessLatest NewsScience & Tech

Meta Crashdown: What Led To A First-Ever $230 Billion Dip In Its 18-Year History?

Snehashish RoyFebruary 4, 20220

The world of the metaverse is seen to be crumbling down. The formerly known Facebook, now Meta, has suffered an ever-high 26% dip in its stocks. Its market value now plummeted by more than $230 billion. As a result, the chief executive Mark Zuckerberg has now been pushed out of the tantalizing top 10 list of the world's richest. The sudden dip in its market value is seen following a dismissal earnings report laid out by a company spokesperson. Zuckerberg said the company is experiencing a tricky transition from being one of the dominant social media platforms to the ultra-modern metaverse. Largely, the primary reason for this setback is attributed to losing over half a million users from its core social networking application, Facebook. However, other reasons are responsible f...

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income tax
ArticleLatest News

“Union Budget Recognises The Efforts Of Tax Payers”-REALLY?

Pooja YadavFebruary 4, 20220

Recently 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...

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HealthHealth & FitnessInternationalLatest NewsScience & TechTRENDING

World Cancer Day: ‘Close The Care Gap’ Theme For 2022; Read Details Inside

Sonia SolankiFebruary 4, 20220

Today is World’s Cancer Day which is celebrated across the globe to spread awareness regarding cancer care and prevention. This year's theme is “Close The Gap”. This international day is proceeded by the Union for International Cancer Control (UICC). Cancer is a deadly disease and every year around 10 million people die due to this. The most affected group is those above 65 years. On today's occasion, Union health minister Mansukh Mandaviya tweeted, "Let's join hands to intensify the global fight against cancer by spreading awareness about the fatal disease and helping those who are suffering from it." “Close The Care Gap” Theme This year’s theme aims at the different sections of society that are usually not able to get the treatment and facilities due to their socioecono...

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ArticleIndiaLatest NewsScience & TechTRENDING

Indian Industries Create Milestones With Unmanned Aerial Vehicles

Sayani ChakrabortyFebruary 3, 20220

Several programmes favouring indigenisation and technology development benefiting prospective Indian suppliers show that the Indian government promotes "Make in India" for self-reliance in the defence industry. Indian enterprises are encouraged to design, develop, and manufacture defence systems, subsystems, and components, focusing on indigenisation and self-reliance. Unmanned aerial vehicle Several DPSUs, including the DRDO, began producing defence goods in the early 1960s, including HAL, MDL, GRSE, GSL, HSL, BEML, Mishra Dhatu Nigam, and BEL, as well as the Ordnance Factory Board (OFB). Even Nevertheless, the tri-services continue to import key equipment to satisfy their operational needs because of a mismatch between the defence forces' demand and availability of equipment. Acco...

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BJPElectionsIndiaLatest NewsPoliticsUP Elections

10 March Ko Sabki Garmi Nikal Jaegi: Yogi Adityanath Targets SP, RLD

Gunjan ChaudharyFebruary 2, 20220

In an effective voter interaction program organized at Ramlila Maidan of Pilkhua in Hapur, chief minister Yogi Adityanath, without naming Akhilesh and Jayant Chaudhary, said that the pair of two boys is coming to the state. The rioters who had entered their secret locations for the last five years are now showing heat by coming out, their heat will completely go out on March 10. While remembering the contribution of Dhaulana in the freedom struggle, Yogi said that the sacrifice made by the revolutionaries of Dhaulana in the first freedom war of India cannot be forgotten. Targeting the Samajwadi Party, Yogi Adityanath said that the thinking of the SP government was like that of a rioter. "Prior to 2017, our daughters could not go to school, there was chaos. Development plans we...

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IndiaLatest NewsNews

Security Force Action Intensified Since Removal Of Article 370: Nityanand Rai

Gunjan ChaudharyFebruary 2, 20220

Peace has not returned in the Kashmir Valley even after two and a half years following the abrogation of Article 370. Especially due to Pakistan-sponsored terrorism, there are reports of encounters between security forces and terrorists in the Union Territory every day. The government has told in Parliament that since the abrogation of special status from Jammu and Kashmir, 109 security forces personnel have been martyred in 541 terrorist incidents. However, on the martyrdom of every soldier, four terrorists have also been killed. Minister of State for Home Nityanand Rai said in a written reply to a question in Rajya Sabha that 439 terrorists have been killed in Jammu and Kashmir since August 5, 2019. However, 98 civilians have also lost their lives in terrorist attacks. Ap...

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BJPCOVID-19HealthHealth & FitnessLatest NewsLifestyleSocietyTRENDING

Centre Addresses Mental Health In Union Budget Amid Data Suggesting 4 Rs/Person Government Spending A Year

Sonia SolankiFebruary 2, 20220

The mental health awareness issue was addressed in the budget session of 2022-23. The Union finance minister Nirmala Sitharaman said that the pandemic has intensified mental health-related issues. To combat the problem and to provide quality mental health counselling and services, a National Tele Mental Health Programme will be launched. It will include a total of 23 mental health centres. Their work will function under the National Institute of Mental Health and Neurosciences (NIMHANS). Whereas, the International Institute of Information Technology, Bengaluru, will provide technical support. The Director of NIMHANS, Dr Partima Murthy, said this programme will help in identifying the mild form of mental illness. At present, around 10.4% of people have been diagnosed with menta...

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BJPBusinessFinanceIndiaLatest NewsTRENDING

Crypto Tax First Step To Legalize Digital Currency In India: Details Inside

Sonia SolankiFebruary 2, 20220

Crypto tax or digital assets will be taxed at 30%, as announced by Union finance minister Nirmala Sitharaman. This will be the highest tax band in the country. "I propose to provide that any income from transfer of any virtual digital asset shall be taxed at the rate of 30%. No deduction in respect of any expenditure or allowance shall be allowed while computing such income, except the cost of acquisition," Sitharaman said. She also said that currency lies with RBI only, other than that is a crypto asset and will see 30% tax. Cryptocurrencies will be treated as digital assets. U-turn On Banning Cryptocurrency At the end of last year, there were strong rumours that the Indian government is planning to ban all cryptocurrencies. But presenting a digital asset tax of 30% s...

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BJPHotINCLatest NewsPoliticsTRENDING

BJP Brought China, Pakistan Closer: Rahul Gandhi Slams Modi Government Over Increasing Border Tension

Sonia SolankiFebruary 2, 20220

Rahul Gandhi took a jibe at the Modi-led BJP government on tackling the foreign policies and the states. He said, “The nation is at risk from outside and inside. I don’t like that. This worries me”. In addition to that, Rahul Gandhi also said the Indian government's goal should have been to keep the two neighbouring countries, Pakistan and China, apart instead of bringing them closer. He said it’s a very serious threat that we are facing as a nation. Rahul's Attack On Foreign Policy Rahul Gandhi’s said, “It’s very clear that the Chinese and Pakistani are planning. Look at the weapons they are buying. Look at the way they are talking. We have made a massive blunder and I am absolutely sure we can f defend against the Chinese”. Bilateral talks between Pakistan and China h...

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