Top Headlines: Eye on 2019 polls: Govt may woo middle class with tax sops in budget

Times of India

Daily Newsletter | Monday, January 08, 2018
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Eye on 2019 polls: Govt may woo middle class with tax sops in budget
Ahead of what may be its final full Budget before next year’s general elections, the NDA government is looking to offer fresh benefits to middle class taxpayers, which are seen as a key constituency of BJP.
Navy’s Rs 32,000cr ’Make in India’ project nixed
In yet another major blow to the ‘Make in India’ plan in the defence sector, the government has cancelled the Rs 32,000 crore project to construct 12 advanced minesweepers in collaboration with South Korea at the Goa Shipyard.
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‘Open-ended’ FIR filed in Aadhaar leak case
The FIR has been lodged on the complaint of a senior UIDAI official under Sections 36 and 37 of the Aadhaar Act, apart from Indian Penal Code sections on cheating, forgery and impersonation, and Section 66 of the Information Technology Act.

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Jio’s 1GB data/day plans to go cheaper: Key details
Apple officials meet commerce and industry minister Suresh Prabhu
Senior officials of the US-based iPhone maker Apple today called upon Commerce and Industry Minister Suresh Prabhu.
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Skipper Shaw says India well-prepared for ICC U-19 World Cup
Prithvi Shaw, captain of India’s U-19 World Cup team, on Sunday said his team has prepared well under the guidance of Rahul Dravid and the goal is to return home with the trophy.
India vs South Africa, 1st Test: Rain washes out Day 3
Persistent rain forced the play on Day 3 of the first Test between South Africa and India to be called off without a ball being bowled on Sunday. The play will resume on Monday now with 98 overs scheduled for the day.
Gear up for the Startup Superhero Hunt!
Startup 2018 is conceived as the microcosm of elements that promote the startup zeal.
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Astrologer predicts overseas success for Kohli-led India
A la Paul the ‘predicting’ octopus in football, he has an uncanny knack of correctly predicting the future of cricketers in the sport, and claims to have followers who will vouch for the accuracy of his prophesies.

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Wilful defaulters form 14% of PSB bad loans
Around 14% of the bad loans in public sector banks (PSBs) are due to wilful defaulters. The total gross non-performing assets (NPAs) of 21 PSBs stood at Rs 7.33 lakh crore as on September 30, 2017. Of this, Rs 1.01 lakh crore of loans were termed as those in wilful default.
Indian IT gears up for $50 billion renewals
About 196 IT deals worth more than $100 million each, and adding up to $51 billion, are coming up for renewal in 2018. Of these, some 12 are multi-billion-dollar deals, the largest of which is Siemens’ $7.2-billion contract with French IT giant Atos, according to research firm Everest Group. ​​​​
CBDT caps losses from house property for TDS at Rs 2 lakh
An employer can set off loss declared by an employee under the head ‘income from house property’ only up to Rs 2 lakh against such employee’s salary to arrive at the amount of tax to be deducted at source (TDS).
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Former Bollywood actor Shrivallabh Vyas passes away
Former Bollywood actor Shrivallabh Vyas has passed away in Jaipur
Misha Kapoor’s rendezvous with fruits and vegetables
Shahid Kapoor and Mira Rajput’s dear daughter Misha is growing and learning things fast. The apple of the paparazzi’s eye is often clicked on her outings and is also the shining star on the social media accounts of her parents.
‘Padmavat’ to release on January 25?
The fate of Sanjay Leela Bhansali’s ‘Padmavat’ (originally titled as ‘Padmavati’), has now been sealed. Bringing a final close to the unending wait for its release, the film has now been reportedly scheduled to release on January 25, 2018.
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Copyright 2018 Bennett Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service

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