The general manager-rank official was forced into early retirement with immediate effect this February. The PSU cited 'doubtful integrity & conduct unbecoming of an employee of SAIL'.
The anti-corruption watchdog received three complaints against officials for granting undue benefits to private companies & causing losses to the public sector enterprise.
A sound tax system is one based on the ability to pay or economic surplus. But the STT taxes the circulation of capital and not its returns, making it deeply distortionary.
Exporters said the Budget’s proposals to increase duty-free import limits on processing, create 500 reservoirs and support fisheries startups will boost the marine industry.
With recruitments under Agnipath set to rise, the Union Budget has significantly increased spending, with the Army taking nearly 87% of the total outlay.
The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.
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