The profits or loss made from selling capital assets are schematically explained in an Income Tax Return (ITR) capital gains statement. It is important particularly when it comes to providing precise information regarding taxable income and determining the relevant capital gains tax. Details such as the date of purchase, its value at the time of purchase, selling date and amount received as well as the net are normally involved in the statement. Downloading a capital gains statement for Income Tax Return (ITR) filing involves a few steps, which may vary…
Month: July 2024
Bombay HC grants relief to TISS student rusticated for social media post, quashes institute’s rejection of her appeal, seeks ‘dispassionate’ reconsideration
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Waseem Abu Sal makes history as first boxer to represent Palestine at Paris Olympics 2024. Here’s his story | Trending News
Waseem Abu Sal is set to make history as the first-ever boxer to represent Palestine at the Olympics, having secured a coveted wildcard entry to compete in the Paris Games. An Instagram post by @thenationalimpact shared the news and it has already received 36,588 likes and numerous comments. Coming from the occupied West Bank, Sal is coached by Cairo-based Ahmad Harara. Harara is from Gaza and is unable to travel to the West Bank and sends Waseem training instructions through text messages. Fighting in the 57 kg category, Waseem battled…
Welfarism is not the solution for India’s job problem, skill creation is
Most economists agree that a lack of good-quality jobs, particularly for India’s burgeoning young population, is one of the urgent priorities to address. It is also generally perceived that in the recent elections, joblessness was a critical issue. Election results in some states show that welfarism is not enough to placate large sections of the electorate. Although the pre-election Congress manifesto had shown a bit more sensitivity to the job issue than that of other parties and came up with some concrete suggestions (though not fully worked out), it is…
Welfarism is not the solution for India’s job problem, skill creation is
Most economists agree that a lack of good-quality jobs, particularly for India’s burgeoning young population, is one of the urgent priorities to address. It is also generally perceived that in the recent elections, joblessness was a critical issue. Election results in some states show that welfarism is not enough to placate large sections of the electorate. Although the pre-election Congress manifesto had shown a bit more sensitivity to the job issue than that of other parties and came up with some concrete suggestions (though not fully worked out), it is…
How patchy rains, rising temperatures are upsetting Uttarakhand’s fruit cart | India News
Farmer Lalit Mohan Satyawali, 58, grimaces as he surveys his ancestral orchard in Nainital’s Ramnagar village on a harsh summer afternoon. Planted by his grandfather nearly 70 years ago, the two-acre land once produced abundant yields of mangoes, litchis and jackfruits, says the grizzled farmer. He says that jackfruit trees are now “dead” and the yields of mangoes and litchis have “plummeted”. Not far from his orchard is a six-acre farmland owned by Deep Belwal, 55, who says his litchi production has declined drastically over recent years. Satyawali and Belwal…
‘National security matter’: Delhi HC upholds order blocking Briar app | India News
The Delhi High Court recently upheld the Centre’s decision to block open-source messaging application (app) Briar in J&K, observing that principles of natural justice can be given a go-by in “national security matters”. Briar is a free and open source software (FOSS), which is freely licensed to be used and anyone can copy, study and change the software in any way and the source code is openly shared so that people are encouraged to voluntarily improve its design. A single-judge bench of Justice Subramonium Prasad in its July 2 order…
Rhode Island man killed in police chase after being accused of killing his wife | World News
A man wanted in the killing of his wife died over the weekend after his suburban flipped during a police chase, Rhode Island State Police said in a statement. A warrant was issued Friday for Joseph Francis in the shooting death of his wife, Stephanie Francis, whose body was found with a gunshot wound inside their Hopkinton, Rhode Island, home. On Saturday, Westerly police spotted Joseph Francis driving and tried unsuccessfully to stop him. About an hour later, officers from Richmond and Charlestown police departments tried to stop Francis again.…
Congress seeks withdrawal of fee hike in 13 GMERS medical colleges | Ahmedabad News
Demanding the withdrawal of the recent fee hike in medical courses announced by state-run Gujarat Medical Education and Research Society (GMERS) colleges, state Congress president and MP Shaktisinh Gohil on Monday said that if not done, the National Students’ Union of India (NSUI), the student wing of the Congress, will stage protests across the state. Gohil has also written to Chief Minister Bhupendra Patel and Health Minister Rushikesh Patal demanding the same. Speaking to mediapersons in Ahmedabad, Gohil said, “We demand that the exorbitant fee increase at 13 GMERS medical…
Students’ union collects Re 1 ‘to pay for damages’ after Gujarat varsity lodges FIR against ‘unidentified students’ | Ahmedabad News
All Gujarat Students’ Union (AGSU) started collecting Re 1 from students on the Maharaja Sayajirao University (MSU) campus on Monday, after the Vigilance and Security officer of the University lodged an FIR on July 3 against 200 ‘unidentified’ students on behalf of Vice Chancellor (VC) V K Shrivastava. The FIR alleged students for rioting and causing damage of Rs 2,000 to the door of Vice Chancellor’s residential villa during a demonstration. Claiming that earlier the students only paid for purchased meals, AGSU President Jayesh Prajapati said, now the students “have…