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When you are at a stage of development when your own industry has to grow, you will tend to make sure that, as per the WTO norms, whatever is the trade tariff which you can levy... you will levy, says Union Finance Minister
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"The new bill allows unchecked access to citizens’ social media, emails, and online trading accounts under the guise of tax scrutiny. This is nothing but mass surveillance": BRS working president
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Demand that the Union Minister withdraw her remarks and focus on fulfilling commitments to the State
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New I-T Bill, likely to be tabled in Parliament on February 13, will have 536 sections and do away with ‘previous year’ concept
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The new Bill seeks to make direct tax law simple to understand and not to impose any new tax burden. It will not have provisos and explanations or long sentences
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The rate cut comes for the first time in nearly five years after the last rate reduction in May 2020
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BJP MPs and two Union ministers from Telangana failed to get justifiable allocations in the Union Budget, says Patlolla Sanjeeva Reddy
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Draft Bill likely to provide directions to widen tax net, given the contraction in tax base following the new exemption limits, say sources
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Aligning with India's broader vision to become a global AI hub, Finance Minister Nirmala Sitharaman has announced the creation of three Centres of Excellence (CoEs) in AI for education with a budget allocation of Rs 500 crore
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Nirmala Sitharaman announces national framework for GCCs, Rs 500-crore CoE for AI, new 'fund of funds' for startups
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Rs 1,80,000 crore set aside for armed forces for capital expenditure that includes purchasing weapons, aircraft, warships
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While some expressed joy over Sitharaman’s announcement that individuals earning up to Rs. 12 lakh annually would be exempt from paying income tax under the new tax regime, others went all out, terming it the “Bihar Budget 2025-26.”
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Finance Minister Nirmala Sitharaman announces Nuclear Energy Mission for Viksit Bharat for the development of at least 100 GW of nuclear energy by 2047
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He criticised Union Finance Minister Nirmala Sitharaman for presenting a budget that caters to select States, questioning the BJP's idea of Vikasit Bharat (Developed India)
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Imported life saving drugs, medicines to cost less ; knitted fabrics, Smart meter turn costlier
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Personal income tax is projected at Rs 12.57 lakh crore, while corporate tax is at Rs 9.80 lakh crore in the current fiscal
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They were demanding statement from the government on Kumbh stampede
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The Centre will create additional infrastructure in five IITs and provide support for enhancing the capacity of IIT Patna
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For salaried employees, this nil tax limit will be Rs 12.75 lakh per annum, after taking into account a standard deduction of Rs 75,000
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The government will also be introducing new Income Tax (I-T) bill in Parliament next week: Nirmala Sitharaman