The Reserve Bank of India has announced the final redemption price for Sovereign Gold Bonds (SGBs) issued on August 5, 2016. The central bank has fixed the final redemption price at Rs 6,938 per gram, which is 122 percent higher than the issued price. The gold bonds were issued at a price of Rs 3,119 … Read more
The new financial year will start tomorrow and the investors will get another chance to review their investments and opt a suitable tax regime. There are various investment tools that are accepted under both tax regimes. Under the Old Tax Regime, numerous tax deductions and exemptions are offered under different sections of the Income Tax … Read more
The government has sufficient food grain stocks under the central pool to meet the requirement of the country’s food security program, additional allocation from PMGKAY, and other welfare schemes, informed the Central Government through a release on Saturday. About 159 lakh tonne of wheat and 104 lakh tonne of rice will be available as on … Read more
Pune: “Oral health is being neglected in most parts of the world, which is having an adverse effect on overall health. Like other serious ailments, oral health-related diseases should be treated in an advanced manner. Health department will make efforts to make oral health and advanced dentistry public-oriented,” said Dr Bharti Pawar, union health and … Read more
India scrapped an export tax levied on low grade iron ore lumps and fines with below 58% iron content, in a notification late on Friday, reversing an earlier order from May when it had raised the tax to a steep 50% to rein-in inflation. In the notification, which takes effect on Saturday, the government also … Read more
Gold lost its glitter due to a strong US greenback and hints of more interest rate hikes from the US Federal Reserve that pushed investors away from the precious yellow metal. The London spot gold corrected more than 18 percent from its recent high of $2070 which it hit in March, to a near one … Read more
The Central Board of Indirect Taxes and Customs (CBIC) has fully exempted imports of Covid 19 vaccines from basic customs duty, from October 1 till December 31. “The Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the goods of the description specified when imported into … Read more
The DCGI notice on FDCs has been sent to the Indian Drug and Pharmaceuticals Associations and also uploaded on the website of CDSCO for information and necessary action by the concerned stakeholders. The Drugs Controller General of India (DCGI) has directed pharma companies to submit information of certain pre-1988 permitted Fixed Dose Combinations (FDCs) on … Read more
Former top bureaucrats and legal experts believe that the Central government‘s order recalling West Bengal Chief Secretary Alapan Bandyopadhyay to Delhi, on the day he was slated to retire, maybe one which the Centre finds hard to enforce as the state government is within its rights to refuse his release. The order came within hours … Read more
As many as 16,488 new cases have been reported in the last 24 hours Looking at the increasing number of Coronavirus cases, the Central government is now focusing on an aggressive vaccination strategy and has given seven key pointers to eight states as well as the Union Territory of Jammu and Kashmir. According to a … Read more