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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World Cancer Day: ‘Close The Care Gap’ Theme For 2022; Read Details Inside
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...
Read MoreIndian Industries Create Milestones With Unmanned Aerial Vehicles
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...
Read More10 March Ko Sabki Garmi Nikal Jaegi: Yogi Adityanath Targets SP, RLD
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...
Read MorePeace 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...
Read MoreCentre Addresses Mental Health In Union Budget Amid Data Suggesting 4 Rs/Person Government Spending A Year
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...
Read MoreCrypto Tax First Step To Legalize Digital Currency In India: Details Inside
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...
Read MoreBJP Brought China, Pakistan Closer: Rahul Gandhi Slams Modi Government Over Increasing Border Tension
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...
Read MoreUnemployment At Its Peak, Youngsters Between 20-29 Years Worst Hit: CMIE Data
Unemployment is the harsh reality that we are facing in today’s time. Reports by the Centre for Monitoring Indian Economy (CMIE) stated that the unemployment rate in December 2021 was 7.9%. But that doesn’t mean the rest of 92.1% of people in the working-age group are employed. In fact, the employment rate is the better Indicator of the success and economy of a country. India’s success rate is low with only 43% in 2020, as per a data study by the World Bank. India lags behind Pakistan (48%) and Bangladesh (53%) in these numbers. In 2018-19, the unemployment rate was 6.3% and 4.7% in the year 2017-18. Challenges India Faces To Provide Employment Employment is a necessity and when the working population is not getting proper opportunities, it’s a difficult situation for the...
Read MoreAnna Hazare Furious Over Maharashtra Decision To Sell Wine; Says, “Alcoholism Will Increase”
Social worker Anna Hazare has strongly opposed the sale of wine in malls, supermarkets and grocery stores in Maharashtra. He said on Monday that this decision of the state government is unfortunate. Hazare, a veteran social worker, said, "It is the government's responsibility to motivate people to quit drugs, but I am surprised to know that the state government is taking such decisions for financial benefits." This will lead to an addiction to alcohol among people. Promote Fruit-Based Wineries Maharashtra skill development minister Nawab Malik had said last Thursday that the state cabinet has decided to promote fruit-based wineries in the state. This will give additional income to the farmers. Defending the decision of the state government, Shiv Sena MP Sanjay Raut had said that...
Read MoreUP Assembly Election: Samajwadi Party Uses Sardar Patel’s Picture On Victory Chariot; Is It Playing Sympathy Card?
In Uttar Pradesh's politics, on one hand, the Bharatiya Janata Party (BJP) talks about realizing the dream of Sardar Vallabhbhai Patel by giving the slogan of Sabka Saath Sabka Vikas. At the same time, the Samajwadi Party (SP) government in the state has also made promises for the development of all. When Mulayam Singh Yadav's son and former chief minister Akhilesh Yadav, who was contesting the election from Mainpuri's Karhal assembly seat, came out on a victory chariot, everyone was in awe. This time there was a picture of Sardar Patel on his victory chariot. Many types of speculations have been made by experts after seeing this picture. In UP, where on one hand the BJP is fighting the elections on the issue of Hindutva and development. At the same time, the Samajwadi Party has e...
Read MoreCongress Election Campaign: Priyanka Is Giving Hint, There Is A Boy At Home, Who Cannot Fight, Says Smriti Irani
Priyanka Gandhi herself is handling the command of the Uttar Pradesh elections. This time, she is going among the public regarding the issue of women empowerment in the elections. The slogan given by Congress in the elections this time is, 'ladki hoon, lad sakti hoon' (I am a woman, and I can win). Not only the slogan, but Priyanka Gandhi has also spoken about fielding more women candidates in the Assembly elections this time. Through her slogan, she is trying to establish a direct dialogue with women this election. When a media person asked Union minister Smriti Irani, who arrived in Agra for a campaign, said, "By this, she (Priyanka) wants to indicate that the boy at home cannot fight." People also gave their reactions to this statement. Responding to Smriti Irani's statem...
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