An 80% Increase, RTI & CIC Get Rs 9.90 Crore Allocation Under Bugdet 2020

In the last budget, the commission’s funds had been slashed by 38% compared to the Union Budget of 2018-19. PTI Updated:February 1, 2020, 5:26 PM IST Finance Minister Nirmala Sitharaman presents Budget 2020. New Delhi: Pumping 80% more than last budget’s amount, the government has allocated Rs 9.90 crore for the Central Information Commission (CIC) and the Right to Information (RTI) Act in the Union Budget 2020-21. Finance Minister Nirmala Sitharaman on Saturday announced Rs 9.90 crore allocation for CIC and RTI, as compared to the Rs 5.5 crore assigned…

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Income Tax Tweaks, LIC IPO, New Airports and Trains: Union Budget 2020 Highlights

New Delhi: Finance Minister Nirmala Sitharaman on Saturday unveiled the budget for fiscal 2020-21, vowing to boost income of Indians and their purchasing power, in a bid to revive domestic economic growth that has slumped. India estimates economic growth this fiscal year, which ends on March 31, will slip to 5% — its weakest pace since the global financial crisis of 2008-09. These are the highlights from Sitharaman’s fiscal 2020-21 budget speech: TAX * Optional income tax cuts for those foregoing exemptions * 10% tax for income between Rs 5…

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‘Did FM Read Economic Survey?’ Chidambaram’s Rating for Budget 2020 is ‘Between 1 and 0’

New Delhi: Slamming the Budget, senior Congress leader P Chidambaram on Saturday said the Modi government is in complete denial that the economy faces a “grave macro economic challenge” and it has given up on reviving the economy, accelerating growth or creating jobs. There is nothing in the Budget that leads one to believe that growth will revive in 2020-21 and the claim of 6 to 6.5 per cent growth next year is “astonishing and even irresponsible”, the former finance minister said at a press conference. He said the government…

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New Income Tax Regime Introduced in Budget 2020 Will Take Away These Exemptions

New Delhi: Finance Minister Nirmala Sitharaman during her Budget speech proposed a new tax regime for the salaried class by slashing income tax rates and rejigging tax slabs. The new system, however, is optional and payers will have to let go of 70 tax exemptions to avail it. The new tax system has introduced four new tax slabs for income between Rs 5 lakh and Rs 15 lakh, with rates varying between 5 and 25%. You can check the new income tax rates and calculator here. Here’s a list…

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YSRCP and TDP Dub Union Budget 2020 as Disappointing for Andhra, Decry Non-allocation of Grants

YSRC Parliamentary Party leader V Vijayasai Reddy said the budget was totally disappointing as the state got only an empty hand. PTI Updated:February 1, 2020, 5:16 PM IST File photo of Andhra Pradesh Chief Minister YS Jagan Mohan Reddy. Amaravati: The ruling YSR Congress and the opposition Telugu Desam Party in Andhra Pradesh on Saturday dubbed the Union budget 2020-21 as disappointing for the state. Both parties decried non-allocation of grants that were overdue to the state. YSRC Parliamentary Party leader V Vijayasai Reddy said the budget was totally disappointing…

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Highlights of Nirmala Sitharaman Budget; FM cuts short Budget speech after feeling unwell

Jammu, Kashmir and Ladakh suffered huge losses on economic front with each sector and every section of the society bearing the brunt due to unprecedented political and security turmoil, but adequate measures have not been kept in the budget to provide some relief to the people: Chief spokesperson of the Jammu and Kashmir Pradesh Congress Committee (JKPCC) Ravinder Sharma Source link

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Budget 2020: IDBI Bank Stock Spikes up 17% as Sitharaman Proposes Govt Stake Sale

New Delhi: IDBI Bank share prices spiked more than 17 per cent after Finance Minister Nirmala Sitharaman in her 2020 Union Budget speech announced that the government will sell its stake in the bank. The government held a 47.11 per cent stake in IDBI Bank as of December 31, 2019, while Life Insurance Corporation of India held a 51 per cent stake, according to the data available on the BSE. Recently, Parliament approved Rs 9,300 crore capital infusion in IDBI Bank. The Department of Financial Services (DFS) received an additional…

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From Today, WhatsApp Won’t Work on These Android, iOS Phones: Is Your Phone Eligible?

WhatsApp will stop working on Android devices running on versions older than 4.0.3, while iOS devices running versions older than iOS 9 will also stop working. WhatsApp will stop working on Android devices running on versions older than 4.0.3, while iOS devices running versions older than iOS 9 will also stop working. WhatsApp is the world’s most popular messaging service, no questions asked. As a result of its popularity, it is used in numerous corners of the world, and on a large number of devices – over 1.5 billion active…

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Priyanka Chopra Wishes ‘Scandal’ Star Kerry Washington On Her Birthday

Priyanka Chopra Jonas took to her twitter to wish Kerry Washington. Priyanka recently starred in and co-produced The Sky Is Pink and will next be seen in Netflix’s We Can Be Heroes and The White Tiger. IANS Updated:February 1, 2020, 4:51 PM IST Image Courtesy: Priyanka Chopra Instagram Priyanka Chopra Jonas has a birthday wish fill of love for “Scandal” star and her friend Kerry Washington. “Happy birthday @kerrywashington much love always!” Priyanka tweeted on Saturday, to wish Washington. Happy birthday @kerrywashington much love always! 😍🎉 …

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BSNL, MTNL to Get Fund Infusion of Rs 37,640 Crore from Govt in FY21

New Delhi: State-owned telecom firms BSNL and MTNL will get fund infusion of around Rs 37,640 crore mainly for 4G spectrum and implementation of voluntary retirement scheme, according to Budget document 2020-21. The government will infuse Rs 14,115 crore in BSNL and Rs 6,295 crore in MTNL for 4G spectrum. Besides, Rs 2,541 crore and Rs 1,133 crore will be provided to BSNL and MTNL, respectively as grant in aid for payment of GST. MTNL has reported losses in nine of the past 10 years and BSNL too has been…

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Mallika Sherawat Shares Diet And Fitness Tips For Fans

Few in Bollywood can match Mallika Sherawat’s oomph, and looking at the Murder girl after all these years, you realise age is just a number! The secret to that enviable body, Mallika reveals, is a healthy diet and Iyengar Yoga. The B-Town hottie has been regularly sharing her Iyeangar Yoga photos and videos on Instagram for a while now. “It’s been five to six years that I have been doing Iyengar Yoga. I love it because it is based on alignment of the body and is very good for your…

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‘Step-motherly Treatment Meted Out to Delhi Again’: Kejriwal on Union Budget

The AAP national convenor also asked that if the BJP was disappointing Delhi before the assembly elections, ‘will it fulfil its promises after the polls?’ PTI Updated:February 1, 2020, 4:46 PM IST File photo of Delhi CM Arvind Kejriwal. New Delhi: Chief Minister Arvind Kejriwal on Saturday alleged that step-motherly treatment has been meted out to Delhi again in the Union Budget. Kejriwal took to Twitter to express his disappointment over the Budget for 2020-21, presented by Finance Minister Nirmala Sitharaman on Saturday, and asked, “When Delhi doesn’t figure in…

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