Daily Breaking News & Current Affairs

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PM stresses on innovation as country celebrates National Science Day; Hails CV Raman for discovery of 'Raman effect'; Urges people to take interest in science
 
PM urges states to give utmost priority to farmers' issues

Murthal rape:Haryana Police registers FIR against 7

Vinod Rai is 1st Chairman of Banks Board Bureau
 
FM to table Union Budget in Parl

JNU Row:Hyd police books Rahul,Kejriwal,Yechury for sedition charges

Murthal 'gang-rapes':Haryana govt to file report to HC
 
* Finance Minister Arun Jaitley presents Union Budget for 2016-17. Highlights are: Higher allocation for agriculture, infrastructure and social sectors.
* No change in Income Tax rates; Relief to small tax payers up to 5 lakh rupees; Surcharge hiked from 12 to 15 % above the income of one crore rupees; Dividend above 10 lakh rupees to attract to 10%.
* Concealed Income Disclosure Scheme from 1st June to September.
* Sovereign gold bonds and Gold monetization to get tax benefit.
Half percent Krishi Kalyan Cess on Service Tax to promote agriculture.; Interest subvention to farmers continue.
* Incentives to affordable housing and new home buyers.
Upto 49% FDI allowed in insurance and pension sectors.
* Electronic items, machinery, paper, footwear to cost less.
Industrial solar heater, imitation jewellery to cost more.
* Fiscal deficit pegged at 3.5 percent.
* 'Spotlight' adjudged Best film at the 88th Academy awards in Los Angeles; Leonardo DiCaprio gets Best Actor Award for 'The Revenant'.
 
Budget:

Focus on agriculture,infra,social sectors

Income Tax rates not changed

Small relief to tax payers up to Rs 5 lakh

Upto 49pc FDI in insurance,pension
 
PM lauds Union budget

Petrol price cut by Rs 3.02 a litre, diesel hiked by Rs 1.47

Oscar 2016: Spotlight wins best movie; Leonardo DiCaprio wins best actor
 
Industry bodies hail Budget; mix reactions from state govts

Centre forms committee to consider ST status to 6 OBC Communities in Assam

Iraq attacks: 62 killed
 
Revenue Secy : No tax on PPF,Only tax on interest of 60pc EPF withdrawal
Employees of income upto Rs 15k per month out of proposed EPF taxation:Govt
T20:IndvsSL
 
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