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 MoreArchives
India Crosses 5 Lakh COVID Death Mark, Third After Brazil And US
India has crossed the mark of 5 lakh deaths due to the COVID-19 pandemic and it became the third country to cross the mark. The maximum number of COVID deaths have been registered in the US at 9,17,600. Followed by Brazil at the second spot with 6,29,078 deaths so far. At present, the death number in India stands at 5,00,055. But as compared to other nations, the number in India except during the second wave is very less. India took 217 days to cross the 5 lakh mark from the last 4 lakh mark, which is the longest period to register one lakh deaths. How India Kept Its Fatality Rate Low? Well with a population equivalent to approximately 1.4 billion the death rate of India is comparatively low than other countries. Well, this is an overall picture but India too has seen some h...
Read MoreThe 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 MoreKarnataka Hijab Row: BJP And Its Old Habit Of Pointless Retort; Counters Rahul Gandhi
Amid the ongoing hijab row in Karnataka, BJP and Congress seem to have been embroiled in a catfight. Congress leader Rahul Gandhi attacked BJP for letting the hijab come in the way of students' education and robbing their futures. Following this, BJP wasted no time to come at Rahul Gandhi and slammed him for "communalising education." Devaluing the significance of the headscarf that Muslim women choose to wear, the ruling party in the state asked Congress to make it mandatory in states ruled by the party. "By communalising education, CONgress co-owner @RahulGandhi has once again proved that he is dangerous to the future of India. If Hijab is very much essential to get educated, why doesn't Rahul Gandhi make it mandatory in States ruled by CONgress?" said the official Twitter h...
Read More“Why Wearing Hijab Needs A Hisab?” Karnataka Hijab Row Intensifies, Reaches HC
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...
Read More‘No State Secret’: Manish Tewari On Being Dropped From Punjab’s Star Campaigner List
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...
Read MoreMeta Crashdown: What Led To A First-Ever $230 Billion Dip In Its 18-Year History?
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...
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 MoreCentre is planning on selling IDBI Bank by the end of March, however, will keep a part of its stake to itself, the secretary of the department of investment and public asset management (DIPAM) Tuhin Kanta Pandey told The Indian Express. The sale will be made through an expression of interest (EOI). The process of sale will include the Centre filing the Draft Red Herring Prospectus (DRHP) of the Life Insurance Corporation (LIC). It will be made by the next week with the market regulator. The primary prospectus is expected to be listed on stock exchanges by the end of this financial year. LIC holds the management stake in IDBI Bank with a 49.24% share. Whereas, the Government of India holds a 45.48% stake in the bank. Pandey said the detailed consultations have been made with the ...
Read MoreWorld 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 MoreCOVID-19 Medical Waste A Great Threat To Health And Environment : WHO
COVID-19 medical waste is a great threat to our health and environment. According to the World Health Organisation (WHO), medical waste comes from multiple sources generation including COVID testing kits, disposable syringes, disposable gloves, vaccine bottles, PPE kits, masks, sanitiser bottles etc. According to an estimate, a total of 87,000 tonnes of Personal Protective Equipment (PPE) have been ordered till November 2021. In addition to this, the amount of plastic and cardboard boxes used in packing has been rising since the onset of the pandemic. According to the United Nation Development Programme (UNDP) in the five Asian cities, the amount of healthcare waste was 3.4 Kg/bed/day during the pandemic. Before pandemic, the value ranged from 0.2 - 0.5 Kg/bed/day. Why Med...
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 More
