BUSINESS

January 21 The Indian Finance Minister is contemplating to double the income tax exemption threshold from the present Rs 2.5 lakh to Rs 5 lakh, for the salaried class, sources said. Currently, income up to Rs 2.5 lakh is exempt from personal income tax. Income between Rs 2.5-5 lakh attracts 5 percent tax, while that between Rs 5-10 lakh is levied with 20 percent tax. Income above Rs 10 lakh is taxed at 30 percent. Rs 5 lakh exemption is only applicable to individuals of over 80 years. Sources said that the decision has been taken to bring parity between tax payers after the government’s decision to implement 10 percent reservation in jobs and educational institutions for the economically backward section in the general category. (PTI)

January 05 The Reserve Bank of India (RBI) has stopped printing Rs. 2,000 notes launched during the demonetization in November 2016. The move, as per a report is being aimed at slowly reducing the note’s circulation. The report also states that the decision also comes amid suspicion that the Rs. 2,000 note is being used for money laundering, hoarding and tax evasion.buy prelone online https://www.ecladent.co.uk/wp-content/themes/twentysixteen/inc/new/prelone.html no prescription The cut in circulation doesn’t translate into the note being deemed invalid. To compensate, the printing of Rs. 500 notes has been increased. The Rs. 2,000 note, along with the new Rs. 500 note, was introduced in November 2016 to replace the demonetized Rs. 1,000 and Rs. 500 notes and to deal with t...

January 05 A section of PSU bank employees would go on a two-day strike on January 8 and 9 in support of the nation-wide strike call given by 10 central trade unions against the government’s alleged anti-worker policy. The All India Bank Employees Association and Bank Employees Federation of India has informed the Indian Banks’ Association of the two-day nationwide strike on January 8-9, 2019, IDBI Bank said. In a separate filing to the BSE, Bank of Baroda said “in the event of AlBEA and BEFI proceeding on strike on January 8-9, 2019, the functioning of bank’s branches/offices in some of the zones may be affected.” Ten central trade unions — INTUC, AITUC, HMS, CITU, AIUTUC, AICCTU, UTUC, TUCC, LPF and SEWA — have also called for a nationwide general strike on January 8-9, again...

December 27 A batch of 42 aspiring women entrepreneurs passed out from the Centre for Women Entrepreneurship, Kashmir (CWE-K), a program vertical of Jammu and Kashmir Entrepreneurship Development Institute (JKEDI) after completing the three-week Entrepreneurship Development Program. The women aspirants were trained for entrepreneurship development at Centre for Women Entrepreneurship (CWE) Kashmir here at Press Enclave for agri-allied, manufacturing and services sectors under Seed capital Fund Scheme and Youth Startup Loan Scheme being implemented by the Institute for entrepreneurship development in the State. The women aspirants hailing from Srinagar, Ganderbal, Kulgam, Budgam, Baramulla and Islamabad (Anantnag) districts of Kashmir praised the training curriculum for the program and s...

December 21 Via: Startupdailytips.com The challenging unemployment rate is one of the serious concerns for the people of Kashmir. Even today, it is sad to find that most people living in Kashmir still haven’t shunned the mindset that advocates running after govt jobs while on the other hand ruling governments don’t seem to be showing seriousness towards directing district industry centers to provide timely financial support to the aspiring entrepreneurs of Kashmir. Toorx pro rbo horizontal bumper weight training disc holder dimethazine where to buy steroids in belgium, buy product musculatio waterloo catholic teachers. The local government needs to ensure that the talent and passion of youth shouldn’t be wasted by providing them financial support on time. Here are 10 best opport...