Uttarakhand’s Chief Minister Pushkar Singh Dhami has described the budget presented in the Uttarakhand Assembly on Tuesday as holistic, inclusive, balanced & development oriented. CM Dhami said that the Prime Minister Narendra Modi has mentioned the four pillars of developed India- poor, youth, women & farmers and the budget presented today by our government is dedicated to these. CM Dhami ...
Read More »Business
Gujarat’s Crorepati Taxpayer Count Soars by 49% in Assessment Year 2022-23
DAINIK NATION BUREAU : The state of Gujarat has marked a significant upswing in the number of taxpayers declaring an annual income of Rs 1 crore or more, showcasing an astonishing 49 percent increase during the assessment year 2022-23, as unveiled by data released by the Central Board of Direct Taxes (CBDT). According to a report by TOI, the official ...
Read More »Inflation Jumps to 7.44% in July, Posing Challenges for Monetary Policy
DAINIK NATION BUREAU : India’s retail inflation rate has surged to 7.44% in July, marking the first breach of the Reserve Bank of India’s (RBI) tolerance limit in five months. This unexpected increase in inflation raises concerns about its impact on the economy, consumers, and policymakers. The rising cost of essential goods and services could potentially affect household budgets and ...
Read More »Air India Unveils Striking New Logo ‘The Vista’ and Contemporary Aircraft Livery
DAINIK NATION BUREAU : Air India has unveiled its new logo “The Vista” along with a contemporary aircraft livery. This significant rebranding effort comes as Air India seeks to modernize its image and enhance its appeal to both domestic and international travelers. The new logo and livery are not only a visual transformation but also symbolize the airline’s determination to ...
Read More »Finance Minister’s Empathy Drive: Banks to Adopt Sensible Loan Recovery Measures
DAINIK NATION BUREAU The topic of loan recovery has long been a contentious issue in the financial landscape of India. Amidst the challenges posed by economic downturns and the impact of the pandemic, the need for recovering loans without causing undue distress to borrowers has been a subject of concern. Union Finance Minister Nirmala Sitharaman addressed the issue, instructing banks ...
Read More »Basmati Rice Exports Unaffected: India Puts Restrictions on Non-Basmati Varieties
DAINIK NATION BUREAU :In a move aimed at safeguarding the nation’s food security, the Indian government has recently imposed a ban on the export of non-basmati white rice. This decision comes amidst growing concerns over global food crises and a need to ensure an adequate supply of essential commodities for the country’s population. The ban, though posing challenges for rice ...
Read More »Deposit Deluge: Rs 2,000 Note Withdrawal Results in Record Deposits of Rs 191.6 Lakh Crore in June
In a surprising turn of events, the withdrawal of Rs 2,000 denomination notes has led to a substantial surge in deposits, resulting in a six-year high of Rs 191.6 lakh crore in June, according to a recent report. The move to withdraw high-value currency notes and encourage digital transactions seems to have influenced consumer behavior. It has prompted individuals to ...
Read More »Safety First: Indian Government Rolls Out Mandatory Quality Guidelines for Lighters and Water Bottles
DAINIK NATION BUREAU : Prime Minister Narendra Modi led Union government has recently implemented mandatory quality standards for lighters and water bottles to ensure consumer safety and promote product quality. With an increasing focus on consumer protection, these new regulations aim to raise standards, prevent substandard products from entering the market, and enhance the overall safety and satisfaction of consumers. ...
Read More »Unlocking the Mysteries of Deemed Rental Income: A Step-by-Step Calculation Guide
DAINIK NATION BUREAU: Owning a vacant house property can bring about financial implications, including the concept of deemed rental income. As per the Income Tax Act, if an individual owns a house property that is not rented out or self-occupied, they are required to calculate and declare deemed rental income. This article aims to provide clarity on the calculation process ...
Read More »Telecom Companies Experience 94% Drop in Revenue from SMS as OTT Platforms Gain Traction
DAINIK NATION BUREAU : The rapid rise of over-the-top (OTT) platforms and the widespread availability of internet services have significantly impacted the revenue streams of traditional telecom operators in India. According to recent reports, telecom companies have witnessed a sharp decline in their revenue share from voice calls and SMS services over the past decade, as consumers increasingly opt for ...
Read More »