Global News

[ad_1] The plenary session of this webinar will be addressed by Prime Minister Narendra Modi at 10 am today (File Photo) To collaborate with professionals from the public and private sectors as well as academia, post-budget webinars across several important sectors are being organised, the UGC said The University Grants Commission UGC has issued a notification to all universities and Higher Educational Institutions (HEIs) with the details regarding the post-budget webinar for the education and skill sector which will be conducted on February 25. The plenary session of this webinar will be addressed by Prime Minister Narendra Modi at 10 AM. To collaborate with professionals from the public and private sectors as well as academia, post-budget webinars across several important sectors are being organised, the UGC said. The HEIs have been asked to make arrangements for instructors and students to attend the plenary session, breakout sessions, and closing session. The programme detail...

[ad_1] Last Updated: December 30, 2022, 19:41 IST The Finance Ministry is mulling to increase the exemption limits from present Rs 2.5 lakh to Rs 5 lakh Senior citizens between the age group of 60-80 have an exemption threshold of Rs 3 lakh while for citizens above the age of 80 the exemption limit is Rs 5 lakh. The government is likely to announce an increase in the income tax exemption limits in the upcoming Union Budget. According to reports, the Finance Ministry is mulling to increase the exemption limits from present Rs 2.5 lakh to Rs 5 lakh, amid the discussions with the stakeholders ahead of the Budget 2023. If reports are to be believed, the proposal is aimed at increasing the disposable income in the hands of the taxpayers, which can induce consumption and boost economic growth. As per the existing income tax norms, the exemption limit is Rs 2.5 lakh while the exemption limit for senior citizens above 60 years and upto 80 years is Rs 3 lakh. The exemption limit for e...