Individual taxpayers having annual income up to 5 lakh rupees will get a full tax rebate. Individuals with gross income up to 6.5 lakh rupees will not need to pay any tax if they make investments in provident funds and prescribed equities. from Times of India http://bit.ly/2FZYV8V
In a huge relief for middle class taxpayers, finance minister Piyush Goyal has announced full tax rebate on annual income of up to Rs 5 lakh. Stay with TOI for live updates from Times of India http://bit.ly/2RZLFrb
"Under Pradhan Mantri Kisan Samman Nidhi, Rs 6,000 per year for each farmer, in three installments, to be transferred directly to farmers' bank accounts, for farmers with less than 2 hectares land holding," Goyal said. from Times of India http://bit.ly/2S53sNX
"Mega Pension Yojana, namely Pradhan Mantri Shram Yogi Mandhan, to provide assured monthly pension of Rs 3,000 per month, with contribution of Rs 100 per month, for workers in unorganised sector after 60 years of age," Goyal said. The minister said that the move "will benefit benefit 10 crore workers and "may become the world's biggest pension scheme in five years." from Times of India http://bit.ly/2MNN7Hy
The move follows a report by former Supreme Court judge, B N Srikrishna, which found Kochhar guilty of violating the bank’s code of conduct in disbursing loans to Videocon group. Kochhar had gone on “leave” on June 18 last year pending completion of the enquiry. from Times of India http://bit.ly/2CSJQSC
Congress candidate Shafia Khan wins Rajasthan's Ramgarh bypoll by a margin over 12, 228 votes, while BJP candidate Krishan Middha is leading in Haryana's Jind. Stay with TOI for all the live updates: from Times of India http://bit.ly/2Bb2sNG
India seemed shorn of their aura in the absence of talismanic skipper Virat Kohli as New Zealand pulled off a stunning eight-wicket win in the fourth cricket one-dayer to halt the visiting side's domination on Thursday. from Times of India http://bit.ly/2S0Ob0s
The Department of Homeland Security said it set up a fake university as part of an undercover operation to identify recruiters and entities engaged in immigration fraud. Eight student recruiters were charged with participating in a conspiracy to help at least 600 foreign citizens stay in the US illegally, according to the indictments. from Times of India http://bit.ly/2WsmMTP
India is the third-biggest buyer of Venezuelan oil, after the US and China. The US sanctions may provide private refiner Nayara Energy with an opportunity to get extra Venezuelan crude. That's because their advanced refining systems can process the thick Venezuelan grade into high-value fuels such as low-sulfur gasoline and jet fuel. from Times of India http://bit.ly/2RVm4Qe
In Australia, combining superbly with Ishant Sharma and Jasprit Bumrah, the fast bowler took 16 wickets in four Tests at 26.18, as India’s pace battery played a huge part in the team’s 2-1 triumph Down Under. In New Zealand, in 3 ODIs, he has picked seven wickets @14.71 prompting skipper Virat Kohli to compliment the pacer. from Times of India http://bit.ly/2WtzLEz
Instead of getting first-time home buyers to wait at bank branches for subsidised loans, the government is tapping into income tax data to identify potential beneficiaries. They will then receive a certificate from the department, which they can use to get a subsidised loan, sources told TOI. from Times of India http://bit.ly/2TrcW2F
The long and chilly winter in north India this year could be linked to cold blasts from the Arctic region that have been spilling southwards since late December due to the breakdown of a wind circulation called the polar vortex — an event that has brought freezing spells in Europe and is currently unleashing severe snowstorms in the US. from Times of India http://bit.ly/2FVyy3T
Investigative portal Cobrapost on Tuesday alleged a Rs 31,000-crore scam by the promoters of non-banking finance company Dewan Housing Finance Ltd (DHFL), using bank loans, which it claimed were routed through “shell companies” and passed on to the promoters. from Times of India http://bit.ly/2G9myev