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Jan Dhan accounts cross 41 crore: Finance Ministry
New Delhi: The Finance Ministry has said that more than 41 crore people benefited from the Pradhan Mantri Jan Dhan Yojana (PMJDY), a flagship scheme of the government to promote financial inclusion. As on January 6, 2021, the total number of Jan Dhan accounts stood at 41.6 crore. “Govt. committed to #FinancialInclusion to all citizens. […]
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Budget 2021: About 50% industry respondents feel Budget will revive their biz: Deloitte survey
New Delhi: About 50% of the industry respondents feel that the upcoming Union Budget will revive their business, while a vast majority are optimistic about economic recovery and demand growth, according to a Deloitte survey. While some respondents also feel that raising the tax exemption limit for individuals will boost private consumption and investment, about […]
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Budget 2021 | Govt can look to provide tax deduction for employees working from home: Pwc India
New Delhi: The government could look at providing deductions for expenses incurred by salaried employees while working from home in the upcoming Budget as it looks to boost demand, consulting firm PwC India said. Addressing a pre-budget session, Pwc India senior tax partner Rahul Garg said demand creation is particularly focussed on money being given […]
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Why does estate planning concern everyone?
Risks make up most of our life’s decisions. It is always present and comes in all shapes and sizes, the pandemic has proved that. We can not always prepare ourselves for these risks but we can try. Estate planning is exactly that. Estate basically means all that a person owns, it includes all kinds of […]
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No GST should be levied by employer on recovery of notice period payment
Recently, the Hon’ble AAR, Gujarat held that GST@18% is applicable on recovery of notice pay as it can be regarded as a consideration for “tolerating the act” of the employee for not serving the notice period and will be covered under Clause 5(e) to Schedule II to CGST Act. It is to be noted that […]
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WayCool Foods ties up with IIT-Hyderabad to develop antimicrobial food packaging material
Mumbai: Agri supply chain startup WayCool Foods has signed a three-year agreement with the Indian Institute of Technology Hyderabad (IIT-H) to develop antimicrobial food packaging material by using biopolymers. As per the Memorandum of Understanding, WayCool will invest close to Rs 20 lakh for co-developing economically viable and biodegradable packaging that will retain the freshness […]
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Nilesh Shah on how the market scenario is going to pan out in 2021
Wish you all a very Happy New Year. Last year like a thriller plot. It was all about making the impossible, possible. Flows, Sentiments and Fundamentals were the three pillars on which our markets evolved in 2020. They made the ‘mother of bear market’ turn into ‘mother of bull market’ in just about six months. […]
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Netflix announces Telugu anthology feature ‘Pitta Kathalu’
Mumbai: Netflix has announced its first Telugu original “Pitta Kathalu”, a four part anthology movie from filmmakers Tharun Bhascker, BV Nandini Reddy, Nag Ashwin and Sankalp Reddy. The film’s title means short stories in Telugu and the movie will chronicle four distinctly bold women, Netflix said. The cast is led by actors Eesha Rebba, Lakshmi […]
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Changes in law on cigarettes, other tobacco products to impact F&B sector: NRAI
New Delhi: Any changes to the Cigarettes And Other Tobacco Products Act (COTPA), 2003 will directly impact the food and beverage sector, industry body NRAI said on Tuesday as it urged Health Minister Harsh Vardhan to consider its viewpoints on the proposed amendments. The proposed amendments will not only hugely inconvenience the consumers but will […]
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Joynagarer Moa goes global, to be exported for the first time
Kolkata: In a first, Bengal’s famed Joynagarer Moa will be exported with the first batch being shipped to Bahrain, an official said. Moa, a quintessential winter delicacy, gets its name from the area where it is made — Joynagar in the South 24 Parganas district, around 50 km from Kolkata. The sweet is made from […]
