Department Financial News

Karnataka government on Monday banned the use of artificial colours, including Rhodamine-B, in foods like Gobi Machurian and cotton candy, after reports of health concerns due to the poor quality. The state’s move follows a similar ban imposed by Goa, Tamil Nadu and Puducherry last month, all of whom came down heavily on the popular Indo-Chinese dish. Karnataka Health minister Dinesh Gundu Rao said that such artificial colours were of poor quality and posed harms to public health, and warned of serious action against anyone who continues to use them in food production. Taking to social media platform X on Monday, he said violation of this ban may result in imprisonment for up to seven years and a fine of up to Rs 10 lakh. According to the food safety and quality department, samples of 'Gobi Manchurian' and 'Cotton Candy' being sold across the state were collected and analysed in laboratories. “Out of 171 samples collected from Gobi Manchurian, artificial colours were detected in 107 samples. Similarly, out of 25 cotton candy samples collected, artificial colours were found in 15 samples,” a statement from the department said.

A wave of legislative changes has driven an increase in financial literacy education across US high schools over the past two years, according to new research from the Council for Economic Education.

Canada’s finance minister announced tax relief aimed at the country’s small breweries ahead of a deadline that would have seen certain duties on domestic beer, wine and spirits more than double.

Karnataka were collected by the department and analysed in laboratories. Based on the results, the Food Safety Commissioner ordered a ban on usage of any artificial colours in preparation of 'Gobi Manchurian'. While for 'Cotton Candy', the Commissioner prohibited the use of artificial colours, like 'Rhodamine B', over and above the prescribed limits.

Delhi: Indian Institute of Technology-Delhi’s Department of Humanities and Social Sciences has launched a new academic programme, Master of Arts in Culture, Society and Thought. This two-year full-time programme will focus on the thematic of culture, society and thought through the core disciplines of sociology, literature and philosophy, according to a news release issued by the institute. The application process for admissions will begin on March 20 for the academic year starting July 2024. The last date to apply is April 4.

IIT Madras) is collaborating with Indian space startup Vellon Space to advance extra-terrestrial manufacturing research and development. The collaboration marks a significant milestone in orbital ‘microgravity research’.

According to the latest Parker Review, the number of ethnic minority CEOs in the blue-chip index has risen from seven in 2022 to 12 in 2023, as the number of ethnic minority chairs rose from six to seven.  The review, carried jointly with the Department for Business and Trade, found that people with ethnic minority backgrounds now hold 19% of all director positions in the FTSE 100, a rise of one percentage point from the previous year. The release also shows an increase in the number of companies with more than one ethnic minority director, from 49 in 2022 to 56 in 2023. Parker Rev...

The U.S. government will release data on consumer prices on Tuesday

Delhi High Court challenging the Income Tax Appellate Tribunal's order of dismissing its plea seeking stay on the recovery of outstanding tax for the assessment year 2018-19, Live Law reported. The matter was mentioned before a bench of Acting Chief Justice Manmohan and Justice Tushar Rao Gedela. The Court allowed the listing of the matter on Monday only.

Weather today: IMD issues snow, rain alert in THESE states; yellow alert for thunderstorms, lightning in Himachal Moreover, the Met Department has said that the western disturbance is expected to bring rainfall to isolated areas in Sikkim and Arunachal Pradesh. The weather office stated that isolated light rainfall to snowfall over Arunachal Pradesh from the 9th-13th March and scattered light rainfall or snowfall on the 14th and 15th of March.

assets were joint holdings. He had also named nominees in all investments and even made a detailed will. I was devastated when he died in 2021, but the steps he had taken during his lifetime ensured that his family inherited his assets without any hassles. However, the financial issues don’t end with the distribution of the assets of the deceased. The tax liability of the individual cannot be ignored, and has to be borne by his legal heirs. As a first step, a legal representative might have to file the tax return on behalf of the dead person for the year in which he died. Filing the tax return is mandatory if the gross total income from all sources is above Rs.2.5 lakh for individuals below 60 years, Rs.3 lakh for those between 60 and 80 years and Rs.5 lakh for super senior citizens above 80 years.

(Reuters) — Officials from the U.S. government asked UnitedHealth Group (NYSE:UNH) to expedite payments to healthcare providers in an open letter on Sunday, after a hack of the insurer's Change Healthcare (NASDAQ:CHNG) tech unit crippled medical claims and payments.

The U.S. government is suspending mail orders for free COVID-19 tests — at least for now

The New York Police Department has been taking a more active role in trying to influence public policy through slick online videos and social media posts

The Senate has approved a $460 billion package of spending bills in time to meet a midnight deadline for avoiding a shutdown of many key federal agencies

Arizona officials say a Saudi-owned company they targeted over its use of virtually unfettered amounts of groundwater to grow forage crops is moving its farming operation out of a valley in the Southwestern state’s rural west

Boeing acknowledged the loss in a letter to Congress.

income tax department has started sending emails and messages to assesses whose advance taxes paid during the current fiscal are not in sync with their financial transactions. The department has also initiated an e-campaign to inform taxpayers to compute their advance tax liability correctly and deposit the due advance tax on or before March 15. «On the basis of analysis of the taxes paid so far during the current financial year, the department has identified such persons/entities where payment of taxes for FY 2023-24 (AY 2024-25) is not commensurate with the financial transactions made by the persons/entities concerned, during the said period,» the Central Board of Direct Taxes (CBDT said in a statement issued Sunday. The department has specified that this is just an intimation.

UFOs or aliens, attributing most sightings to «ordinary objects» that are the result of misidentification. This conclusion was revealed in a 63-page report titled «Historical Record of US Government Involvement with Unidentified Anomalous Phenomena (UAP)» by the Pentagon. The report stated that the Department of Defense's All-Domain Anomaly Resolution Office (AARO) found no evidence of any US government investigation, research, or review panel verifying that a UAP represented extraterrestrial technology. The report is part of the US government's broader public examination of UFOs, or «unidentified anomalous phenomena,» which has included Congress hearings and open discussions with US space agency NASA officials. Despite these findings, US officials acknowledged that the public's perception of alien visits may not be dispelled. The report noted that the proliferation of television programs, books, movies, and internet and social media content focused on UAP-related topics has likely influenced the public conversation and reinforced beliefs within some sections of the population.

election commissioners are likely to be appointed by March 15 to fill the vacancies created by the retirement of Anup Chandra Pandey and the surprise resignation of Arun Goel, sources said on Sunday. Days before the poll panel is expected to announce the schedule for the Lok Sabha polls, Goel resigned on Friday morning. His resignation was accepted by President Droupadi Murmu on Saturday and the Law Ministry issued a notification to announce it. This leaves Chief Election Commissioner Rajiv Kumar as the sole member of the poll authority. Pandey had demitted office on February 14 on attaining the age of 65 years.

U.S. military said on Sunday it has carried out an operation in Haiti to airlift non-essential embassy personnel from the country and added U.S. forces bolster embassy security, as Caribbean nation reels under a state of emergency. The operation was the latest sign of Haiti's troubles as gang violence threatens to bring down the government and has led thousands to flee their homes. «This airlift of personnel into and out of the embassy is consistent with our standard practice for embassy security augmentation worldwide, and no Haitians were on board the military aircraft,» the U.S. military's Southern Command said in a statement.