In her Budget speech, Nirmala Sitharaman announced that part of the state-owned LIC will be offered to private investors as part of the government's disinvestment initiative.
Companies currently pay the DDT on the dividend given to shareholders at the rate of 15%, plus applicable surcharge and cess, in addition to the tax payable on profits.
This is second consecutive year when Union Budget allocation for pollution-related schemes has seen substantial increase. In 2018-19, allocation was Rs 5 cr.
The last time this matter flared up was when Delhi Chief Minister Rekha Gupta, in a very similar directive in April, called for the relocation of stray dogs in the capital.
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
In the name of disinvestment the Govt. has given up the assets it used to hold and regulate itself. LIC could be the next after Sick Air India. After getting crores from RBI, then privatizing the Railways in stages , now LIC is perhaps the richest institution of all times. The wolf is ready to stuck for the big feast. No matter the masses from various trade associations opposes the move , nevertheless LIC will be done by next year. Meanwhile the 130 Crore Indians will be kept busy in CAA and NRC with PAK/CHINA as agendas to be covered by the Television anchors. In my home town hundreds of BSNL employees have started taking VRS making another area prone to be let out in open hands. I often listened that “Bhagwan jab bhi deta hai, Chappar Phad ke deta hai”, Here its exactly reversed “Govt. jab bhi leta hai , Chappar bhi phad deta hai”. Even Vishnu and Mahesh are surprise by the functioning of Mota Bhai and Chota Bhai. The share markets have given its response with a loose hand falling more than 700 points kicking a fire for the small time investors. Are we heading towards an economy similar to that of Sri lanka, Myanmaar, Yemen, Syria, Venezuala etc which is struggling to stand even after multiple support from various sides. Rest the rightist are doing brisk political moves similar to that of Taliban and it seems the move is doing good for the Govt. as the rest are busy fighting social media wars. Newer mind with billions in its room to attract the beast, LIC will or may fall to the might of the invasion as the necessary homework has already been exercised to get a clear hit. The Various Unions may finally succumb to the lucrative VRS offers to set out the opponents in a legal framework.
In the name of disinvestment the Govt. has given up the assets it used to hold and regulate itself. LIC could be the next after Sick Air India. After getting crores from RBI, then privatizing the Railways in stages , now LIC is perhaps the richest institution of all times. The wolf is ready to stuck for the big feast. No matter the masses from various trade associations opposes the move , nevertheless LIC will be done by next year. Meanwhile the 130 Crore Indians will be kept busy in CAA and NRC with PAK/CHINA as agendas to be covered by the Television anchors. In my home town hundreds of BSNL employees have started taking VRS making another area prone to be let out in open hands. I often listened that “Bhagwan jab bhi deta hai, Chappar Phad ke deta hai”, Here its exactly reversed “Govt. jab bhi leta hai , Chappar bhi phad deta hai”. Even Vishnu and Mahesh are surprise by the functioning of Mota Bhai and Chota Bhai. The share markets have given its response with a loose hand falling more than 700 points kicking a fire for the small time investors. Are we heading towards an economy similar to that of Sri lanka, Myanmaar, Yemen, Syria, Venezuala etc which is struggling to stand even after multiple support from various sides. Rest the rightist are doing brisk political moves similar to that of Taliban and it seems the move is doing good for the Govt. as the rest are busy fighting social media wars. Newer mind with billions in its room to attract the beast, LIC will or may fall to the might of the invasion as the necessary homework has already been exercised to get a clear hit. The Various Unions may finally succumb to the lucrative VRS offers to set out the opponents in a legal framework.
Why don’t sell the government itself , it will bring efficiency and discipine ???