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Revenue secretary Sanjay Malhotra conveyed this at a meeting taken by union finance minister Nirmala Sitharaman to take stock of the progress of the review announced in the Budget. Sitharaman chaired the meeting Monday to assess the progress as the government is looking to introduce the draft bill in the budget session. Apart from Malhotra, the meeting was attended Central Board of Direct Taxes Chairman Ravi Agarwal, and other senior CBDT officials The Department has also received 6,500 suggestion from the public, to simplify the IT law.

Equity funds suffered their worst month of outflows on record in October with withdrawals reaching £2.7bn, according to the latest Fund Flow index from Calastone.  After sell orders had surged 36% month-on-month, they plummeted by 40% overnight as CGT rate hikes took place immediately on the day of the Budget (30 October).  UK gilt yields hit 2024 high as investors mull over Budget borrowing «Fears of a CGT grab in last week's Budget spurred investors to book their profits and crystallise a lower tax bill well before the chancellor rose to her feet in the commons,» said Edward Glyn...

Subscribe to enjoy similar stories. Even as the world increasingly moves toward digitized commerce, where transactions are conducted with the tap of a credit card and billions of dollars are moved electronically between banks, there is one group of people for whom hard cash is still king: collectors. As an alternative asset class, collectible banknotes offer significant potential value to investors, and the market for these paper artifacts is thriving.

Thousands of people have marched in London to demand a cleanup of Britain’s sewage-clogged waterways

Waqf (Amendment) Bill, the Jamiat Ulema-e-Hind on Sunday urged TDP's Chandrababu Naidu and JD(U)'s Nitish Kumar to heed the sentiments of Muslims on the matter and said the parties within the NDA that claim to be secular must distance themselves from supporting this «dangerous» legislation. It also cautioned that if the legislation is passed, the «two crutches» on which the BJP-led government is running at the Centre would not be able to escape responsibility. Jamiat chief Maulana Arshad Madani made the assertion at the prominent Muslim body's 'Save Constitution Convention' held here at the Indira Gandhi Indoor Stadium. «People of the country defeated the BJP. They did not accept their policies. This government is dependent on two crutches — a strong one is Chandrababu and the other is Bihar's Nitish Kumar. I had invited him (Naidu), he excused himself but had sent his party's vice president Nawab Jan. I look at this positively as he will convey the sentiments of the people gathered here,» Madani said, gesturing to the large gathering of Jamiat functionaries and supporters.

AAP supremo Arvind Kejriwal on Sunday said he needed the support of the people to defeat the BJP and ensure that the «good work» continued in Delhi. The former chief minister resumed his 'padyatra' following a break for the festivals and urged the people of Delhi to vote for AAP in the assembly elections while accusing the BJP of halting development work. «I need your support to defeat the BJP and keep the good work going in the city because I cannot do it alone. The BJP will stop all the work if it comes into power as it cannot match the facilities (being provided in Delhi) in states where it is already in power,» he claimed. There was no immediate response from the BJP on the claims.

Justin Bieber's life of lavishness has been in the headlines for more than a few years with his $16.6 million home in Coachella Valley being one of his most prized possessions. He had purchased this home back in January 2023, but it now looks like that this property has been entangled in a tax dispute after a $380,349 bill was served to Bieber for unpaid property taxes.

Canada Post workers looms, the Crown corporation says it its “operating as normal” while negotiations with the union continue.If a strike does go ahead, at least one opposition party has said it will not support back-to-work legislation.Postal workers will legally be in a strike position as of Sunday, but a 72-hour notice is required under the Canada Labour Code before employees can walk off the job.“Both parties remain at the table and we have not received a notice of strike from the union,” said Valérie Chartrand, a Canada Post spokesperson.“If we receive a strike notice, we will be notifying customers and the public of our plans regarding service,” she told Global News in a statement Friday.On Tuesday, Canada Post presented new offers to the Canadian Union of Postal Workers, including higher annual wage increases amounting to 11.5 per cent over four years and protections to workers’ pensions.CUPW’s national president Jan Simpson, told Global News on Thursday that the union is reviewing that offer and will be responding to Canada Post.“We’re still at the bargaining table hopeful to be able to get a negotiated collective agreement for both the urban operations and the rural suburban mail carriers,” she said.A cooling-off period in the labour negotiations will expire on Saturday after which postal workers will legally be in a position to strike.The dispute comes ahead of the busy holiday season, and Canada Post has warned that a labour disruption would have “significant consequences” for millions of Canadians.The federal government has urged both parties to reach a collective agreement and is working to facilitate that outcome.Labour Minister Steve MacKinnon met with Canada Post and CUPW on Thursday.He told reporters on

Hamas official said Friday the group received a proposal from mediators Egypt and Qatar for a short-term truce in Gaza and rejected it for not including a lasting ceasefire. «The proposals do not include a permanent cessation of aggression, nor do they entail the withdrawal of the Israeli army from the Gaza Strip or the return of displaced persons,» the official, a member of Hamas's political bureau, told on condition of anonymity as he was not authorised to speak publicly on the issue. A senior Hamas leader, Taher al-Nunu, had already warned on Thursday that the group would reject any proposal for a temporary halt to the fighting.

Adani Power Jharkhand Limited (APJL), a wholly-owned subsidiary of Adani Power, has stopped half of its power supply to Bangladesh because of outstanding bills of USD 846 million, according to a local media report on Friday. Data from Power Grid Bangladesh PLC showed the Adani plant reduced supply on Thursday night, The Daily Star newspaper said. Bangladesh reported a shortfall of more than 1,600 megawatts (MW) on the intervening night of Thursday and Friday as the 1,496 MW plant is now producing 700 MW from a single unit, the newspaper reported. Earlier, the Adani company wrote to the power secretary asking the Bangladesh Power Development Board (PDB) to clear its outstanding dues by October 30.

the Education Amendment Act, 2024, that would require children under 16 to have parental consent if they want to change their names or pronouns at school.A similar law is on the books in Saskatchewan, where the government invoked the notwithstanding clause, a measure that allows governments to override certain Charter rights for up to five years.The bill would also require parents to opt-in for their children to be taught about sexual orientation and sexual and gender identity at school. The legislation also restricts any kind of curriculum that teaches about gender diversity.When asked how the rules would be enforced in schools, Smith said the Alberta Teaching Profession Commission has the ability to discipline teachers if they defy the government’s direction.The requirements would not apply in First Nations schools, but two-spirit Indigenous students in provincially run schools would be subject to them.The second bill, the Health Statutes Amendment Act, 2024, would prohibit doctors from treating those under 16 seeking transgender treatments such as puberty blockers and hormone therapies.It would also prohibit health professionals from performing sex reassignment surgeries on minors.

Lok Sabha Secretariat announced on Thursday that the Joint Committee on the Waqf (Amendment) Bill, 2024, will conduct a study tour across five Indian cities. The committee will visit Guwahati, Bhubaneswar, Kolkata, Patna, and Lucknow from November 9 to November 14, as part of its examination of the Waqf (Amendment) Bill, 2024. According to an official communication from Joint Secretary JM Baisakh, the study visit program is designed to assist committee members in their review of the proposed bill.

GoI is finally focusing its attention to ensure national sports federations serve to promote their sport and athletes rather than become a hindrance. The draft National Sports Governance Bill 2024 focuses on building institutional capacity and governance standards for national sports federations. The aim is to build a modern, flexible and empowered sports administration aligned with Olympic and Paralympic charters. This was a much-needed regulatory intervention, considering the controversies over sexual harassment, favouritism, opaqueness and misgovernance that have dogged a range of federations.

Daylight saving time (DST) affects approximately 400 million individuals across North America and is currently a focal point of discussion regarding its necessity. This biannual ritual of adjusting clocks forward in spring and back in autumn has been a staple in American, Canadian, and Cuban culture for over a century. However, recent legislative efforts and changing public opinions are prompting a reevaluation of its significance in today's world.

After 11 months in office, Argentina’s right-wing President Javier Milei has fulfilled his flagship pledge to eliminate the country’s monumental deficits by shrinking the public payroll, slashing subsidies and holding already low wages of state workers...

Their advanced features, such as multiple wash programs, water softening systems, and smart sensors, make dishwashing not just easier but also more effective. In this article, we’ll delve into the best IFB dishwashers available, highlighting their standout features, benefits, and what makes them a worthwhile investment for any modern home. Get ready to transform your kitchen experience with these top-rated appliances!

Israel's latest action shows the heights it can take its saga of 'victimhood facilitating overkill'. Knesset passed two bills on Monday that bar UN's dedicated humanitarian agency for Palestinians, United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA), to operate in Israel. This effectively guts UN's capacity to provide humanitarian aid.

Siddaramaiah on Tuesday sought to calm down farmers in Vijayapura, Yadgir and Dharwad districts, agitated after the revenue authorities issued them notices claiming that their farmlands were owned by the Waqf Board. «No farmer will be evicted from his land. If the government has issued any notice, they will be withdrawn,» the CM told media persons in Bengaluru responding to queries on farmers in these districts getting notices. Revenue Minister Krishna Byre Gowda, Waqf Minister BZ Zameer Ahmed Khan and Industries minister MB Patil have already clarified on the subject, the CM said.

Cost-effective: Semi-automatic machines are generally more affordable than fully automatic models. This cost-saving aspect makes them accessible to a broader audience, especially for those on a budget. Not only is the initial purchase price lower, but they also consume less electricity and water, leading to savings on utility bills over time.Easy usage: One of the standout features of semi-automatic machines is the level of control they offer.

Subscribe to enjoy similar stories. Aggregate technical and commercial (AT&C) losses pose India’s electricity distribution sector a persistent challenge. These losses are often identified as one of the critical factors contributing to the financial distress of distribution companies (discoms).

mutual funds invest in treasury bills, commercial papers, certificates of deposits and so on to take care of their liquidity needs. They also invest in corporate bonds, government securities, among others. According to the Sebi mandate, short duration funds can invest in debt instruments which have maturity between one and three years. That means these schemes are meant for short-term investments of up to three years or more. They are somewhat in the middle when it comes to interest rate risk. They are riskier than liquid, ultra short term, and low duration funds. However, they have a lower risk compared to medium duration and long-term funds. Also Read |Best medium to long duration funds to invest in October 2024