Department Financial News

fog is likely to continue over northwest and parts of adjoining central India during the next three to four days, the India Meteorological Department said in a statement on Tuesday. «Dense to very dense fog likely to continue over Northwest & parts of adjoining Central India during next 3-4 days,» the IMD said in a post on X. As per the IMD data, the minimum temperatures over most parts of Punjab, Haryana-Chandigarh-Delhi, and West Uttar Pradesh stand in the range of 6-10 degrees while most parts of Rajasthan, East UP, Madhya Pradesh and some parts of north Chhattisgarh and Jharkhand stands in the range of 11-12 degrees. Minimum temperatures are normal or above normal over most parts of the country, according to the IMD data. The IMD on Tuesday morning released satellite images showing a layer of fog spreading over Punjab, Haryana, Delhi, Uttar Pradesh and Madhya Pradesh. Delhi-NCR region woke up to dense fog on Tuesday with the temperature as low as 7 degrees. Visuals from Delhi's India Gate, Sarai Kale Khan, AIIMS, Safdarjung, and Anand Vihar area showed thick fog hovering over the region with visibility almost zero. The visibility due to the dense layered fog was so low that tourists faced difficulties in capturing the Taj Mahal from the Royal gate as well as the Lady Diana Bench. Other parts of North India too experienced winter chills on Tuesday morning, as cities such as Prayagraj, Ghaziabad and Meerut in Uttar Pradesh and Moga in Punjab faced cold waves, engulfed in dense fog.

dense fog as the temperature dropped to almost 7 degrees in the national capital on Tuesday morning. Following this, the Delhi airport experienced delays in both arrivals and departures for about 30 flights, including international, said officials. ANI has reported that 14 trains are also affected due to fog and low visibility in the Northern Zone of the Indian Railways.

claims can drag both under the taxman's glare. The Income Tax (I-T) department is using a fine-tooth comb to nab discrepancies in the tax deducted at source, or TDS, by companies and the declarations by its employees in the annual I-T returns. What's underway is a line-wise reconciliation of the two sets of numbers under different heads — house rent allowance, medical insurance, outgo on home loans, tax saving investments under 80c etc. Around early December, several companies in Mumbai, Delhi and other big cities have been served notices under Section 133C which was introduced in 2014-15, empowering authorities to call for information to verify details.

passengers, mainly Indian, and previously grounded in France due to suspected human trafficking, touched down in Mumbai during the early hours of Tuesday. According to officials, the aircraft completed its journey, departing from Vatry airport near Paris at approximately 2:30 pm local time and arriving in Mumbai shortly after 4 am. Based on information from French authorities, the aircraft carried 276 passengers when it departed for Mumbai. Twenty-five individuals, including two minors, had indicated their intention to seek asylum and remained on French territory. Two additional individuals were apprehended and subsequently brought before a judge.

Huawei, its chief executive and three other top executives, summoning them to commence prosecution proceedings in a case filed by the Income Tax Department. In an order that offers a major relief to Huawei India, its CEO Li Xiongwei and the others, the sessions court said summoning of the accused «is a serious matter and should not be done in a mechanical manner». The tax department had approached the magisterial court seeking to prosecute the company and the executives on charges of deliberately not providing information sought by it. The magistrate issued the summons in June. In a sharply worded judgement, the sessions court said though no detailed order was required at the stage of summoning, the order «must reflect application of mind by the magistrate».

NEW DELHI : The Union budget for 2024-25 may set aside ₹2 trillion for the agriculture ministry to help it expand the government’s flagship schemes on income support and crop insurance for farmers, two officials aware of the plans said. This will be a 39% increase in allocation for the ministry, which received ₹1.44 trillion in the 2023-24 budget. A bigger allocation may also help the ministry raise annual farmer income support from the current ₹6,000 to ₹9,000.

French airport for four days. Of the original 303 people on the passenger list, 276 were on the plane that took off just before 3:00 pm (1400 GMT). Among the passengers staying behind were two people questioned by French police over suspected people trafficking, but a judicial source said they had now been released after establishing that the 303 passengers had boarded the plane of their own free will.

France for a human trafficking investigation departed on Monday for India, after an exceptional holiday ordeal that left about 300 Indians en route to Central America blocked inside a rural French airport for four days. Associated Press reporters outside the Vatry Airport in Champagne country saw the unmarked Legend Airlines A340 take off after the crew and about 200 other people boarded the plane. It wasn't immediately clear what would happen with those who didn't board the plane. The passengers grounded in France included a 21-month-old child and 11 unaccompanied minors who were put under special administrative care.

ALSO READ: Exploring the mystery of invasion by ballooning Dr Bacha Ram Jha, Head of the Geology Department of Ranchi University, was quoted by News 18 as saying that granite stone found in the Chunki Taimara Valley has magnetic properties. "Due to any magnetic effect, the time of the clock can change; but in this matter, more discovery and research are needed, so that the true fact can be known," Jha had said earlier. ALSO READ: The new Harry Potter game is all about the life in Hogwarts On the contrary, Dainik Jagran shared a first-hand experience from the valley and said many people told its media correspondent that it was rumour.

Life Insurance Corporation of India, as a publicly listed entity, recently disclosed that the Department of Economic Affairs has granted it a one-time exemption allowing it to reach the 25% MPS mark within 10 years from the listing date, extending until May 2032. This is where potential conflict of interest arises for the government. As the overseeing authority, it appoints the securities markets regulator and also acts as the promoter/majority shareholder for its entities entering the public domain.

food poisoning claimed the life of a woman in Hoskote in Bengaluru Rural limits, reports said on December 25. As many as 70 other people have been hospitalised in the case, news agency PTI said. The suspected cause of the food poisoning is believed to be consumption of an edible offering at a local place of worship.

Nirmala Sitharaman will be presenting her sixth Budget in 2024. The Budget will be presented on February 1, 2024. The upcoming Budget will be for the next financial year (starting April 2024 to March 2025) i.e. FY25.

₹50 lakh, for assessment year (AY) 2024-25. The I-T Department notified the forms on Friday. “Changes introduced in new ITR forms 1 and 4 notified for Assessment Year 2024-25.

Paytm Layoffs: Joining the bandwagon of layoffs in 2023, Paytm's parent company, One 97 Communications, has made the decision to terminate more than 1,000 employees across various departments as part of a broader cost-cutting strategy, as reported by the Economic Times. The development comes after Vijay Shekhar Sharma, CEO and founder of Paytm, while sharing his to-do list ahead of the New Year, called out for suggestions from users for the fintech app.

Surprising taxpayers with an unexpected and welcome gesture, the Income Tax Department has played the role of an early Santa Claus this year by unveiling the Income Tax Return (ITR) Forms 1 and 4 for the Assessment Year 2024-25. These ITR Forms will be applicable for filing income tax returns with respect to income earned during the previous year 2023-24 (between 01-04-2023 to 31-03-2024).

foreign-origin cigarettes worth Rs 2.38 crore and one lakh Methamphetamine tablets valued at Rs 1.28 crore in separate raids in Mizoram. Two drug peddlers Litan Nama and Jakir Hussain who hailed from Tripura, were arrested and their vehicle used for transportation of the contraband was also seized. Assam Rifles and the Customs Preventive Force seized the foreign-origin cigarettes worth Rs 2.38 crore, contained in 109 cases, suspected to have been illegally imported from neighbouring Myanmar, was recovered in east Mizoram's Champhai district. The Excise and Narcotics department officials seized one lakh Methamphetamine tablets at Khatla locality in Aizawl and arrested Litan and Jakir. Mizoram's 510 km unfenced borders with Myanmar.

Telangana Today report, on 25 December, Hyderabad witnessed dense fog for the second day in a row. At Rajiv Gandhi International Airport, the visibility decreased to just 300 metres, which was a first for this winter season.

upcoming 5-door Thar. Speaking of the design, departing from the multi-spoke design seen on the current 3-door Thar to what seems to be a diamond-cut pattern structure. The test vehicle also showcases LED headlamps featuring circular LED DRLs, providing strong indications that the model is in the final stages of preparation for production.

Delhi Subordinate Service Selection Board (DSSSB) has officially released the admit card for the Assistant Accounts Officer (AAO) Recruitment 2023. As per the latest announcement, candidates who have registered for this recruitment can now download their hall tickets from the official website of the selection board at dsssb.delhi.gov.in. In a move to address certain discrepancies, the DSSSB has scheduled a re-conduct of the Common AAO Exam for two outstanding papers across various departments.

air quality in the national capital, as reported by the Central Pollution Control Board (CPCB). The Air Quality Index (AQI) at 9:00 am in Alipur registered at 376. Notably, Shadipur experienced a 'severe' AQI of 423, ITO recorded 416, Punjabi Bagh reached 433, RK Puram marked 422, IGI Airport (T3) reported 373, and Jawaharlal Nehru Stadium noted 387.

303 Indian passengers, suspected of human trafficking, detained near Paris, is set to leave on Monday, according to French judicial officials, AFP reported. 1. The Airbus A340, en route to Nicaragua, was held at Vatry airport after an anonymous tip-off upon its arrival from Dubai for refuelling.