Govt proposes time extension of incorporation for eligible startups by five years

NEW DELHI: The government on Saturday proposed to extend the period of incorporation of eligible startups by five years for providing tax incentives, a move aimed at encouraging budding entrepreneurs. Eligible startups established before April 1, 2030, would get a tax incentive for three consecutive years out of ten years from incorporation. “We continue to… Continue reading Govt proposes time extension of incorporation for eligible startups by five years

Union Budget launchpad for India’s healthcare system to emerge as global leader: Apollo Hospitals

HYDERABAD: The Union Budget is just a financial document for the year ahead, but a launchpad for India’s healthcare system to emerge as a global leader, Prathap C Reddy, Founder and Chairman, Apollo Hospitals said on Saturday. The addition of 75,000 seats over the next five years, coupled with the launch of Centers of Excellence… Continue reading Union Budget launchpad for India’s healthcare system to emerge as global leader: Apollo Hospitals

FM proposes to fully exempt 36 life-saving medicines from custom duty

NEW DELHI: Finance Minister Nirmala Sitharaman on Saturday proposed to fully exempt customs duty on 36 drugs used in the treatment of cancer, rare diseases and other severe chronic diseases. The government had earlier cut customs duties on Trastuzumab Deruxtecan, Osimertinib and Durvalumab from 10 per cent to nil. “To provide relief to patients, particularly… Continue reading FM proposes to fully exempt 36 life-saving medicines from custom duty

Rs 20,000 crore allocated to DST to kickstart Rs 1 lakh crore research and development fund

NEW DELHI: Signalling a commitment to research and development, Union Finance Minister Nirmala Sitharaman on Saturday allocated Rs 20,000 crore to the Department of Science and Technology as a corpus for a fund to promote private sector-driven innovation. Sitharaman had announced setting up of a Rs 1 lakh crore research and development fund in the… Continue reading Rs 20,000 crore allocated to DST to kickstart Rs 1 lakh crore research and development fund

Union Budget 2025-26: Slew of initiatives for Bihar, opposition claims all for assembly polls

NEW DELHI/ PATNA: Finance Minister Nirmala Sitharaman on Saturday made a slew of announcements for Bihar, including setting up a Makhana Board and financial support for the western Koshi canal project, in the Union budget 2025, triggering strong reactions from opposition parties that claimed that these proposals were made with an eye on the assembly… Continue reading Union Budget 2025-26: Slew of initiatives for Bihar, opposition claims all for assembly polls

Budget unveils major reforms for MSMEs to realise growth potential, create jobs

NEW DELHI: Finance Minister Nirmala Sitharaman’s eighth Budget provided a shot in the arm to micro, small and medium enterprises, as she proposed a slew of measures including enhancement of investment and turnover limits for their classification, increase in credit guarantee cover for micro and small enterprises and customised credit cards for micro entities registered… Continue reading Budget unveils major reforms for MSMEs to realise growth potential, create jobs

Zero tax for income up to Rs 12L in Budget; Opposition not impressed

New Delhi: In a major relief to the middle class and in an apparent attempt to woo voters ahead of the Delhi Assembly polls, the Government on Saturday proposed zero tax for income up to Rs 12 lakh, a move that will give more purchasing power to the common man and boost the economy, which… Continue reading Zero tax for income up to Rs 12L in Budget; Opposition not impressed

Apple launches Safari technology preview 212

Washington [US]: Apple has released Safari Technology Preview 212, the latest update for its experimental browser. First introduced in March 2016, Safari Technology Preview is designed to let users explore and test upcoming features intended for future releases of the Safari browser. The new update focuses on enhancing the user experience, bringing a variety of… Continue reading Apple launches Safari technology preview 212

WHO donates over 2k doses of Ebola trial vaccine to Uganda following new outbreak

Kampala: The World Health Organization (WHO) has donated 2,160 doses of Ebola trial vaccine to Uganda to evaluate the efficacy of the vaccine in combating the virus which in the recent outbreak has killed a health worker in Kampala, the country’s capital. WHO is working with Uganda’s Ministry of Health, Makerere University Lung Institute and… Continue reading WHO donates over 2k doses of Ebola trial vaccine to Uganda following new outbreak

118-member diplomatic delegation from 77 countries arrives at Maha Kumbh Mela

Prayagraj (Uttar Pradesh) [India]: A 118-member delegation which includes Heads of Mission (HoM) and their spouses as well as diplomats from a total of 77 countries, arrived at Maha Kumbh Mela Kshetra on Saturday. Speaking to ANI earlier today, Slovak Ambassador to India, Robert Maxian, congratulated the Indian government for organizing the event. “I am… Continue reading 118-member diplomatic delegation from 77 countries arrives at Maha Kumbh Mela