Budget 2023 income tax: Why FM should plug this Provident Fund double taxation possibility
Posted in Finance

Budget 2023 income tax: Why FM should plug this Provident Fund double taxation possibility

(This story originally appeared in on Jan 20, 2023) Budget 2023 income tax: Did you know that your Provident Fund or PF can be “double-taxed”…

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'Not afraid of the virus': Wuhan turns page on Covid, three years on
Posted in China News

‘Not afraid of the virus’: Wuhan turns page on Covid, three years on

WUHAN: Residents of China’s Wuhan said Monday they were hopeful for the future and no longer afraid of Covid-19, three years after the city was…

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Budget 2023 income tax: Why there is a case for increased standard deduction on salary
Posted in Finance

Budget 2023 income tax: Why there is a case for increased standard deduction on salary

Union Budget 2023: The Income-tax Act, 1961 not only provides for levy of tax on income, but it also provides various methods for claiming deductions…

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US citizen detained in Iran ends hunger strike
Posted in Middle East News

US citizen detained in Iran ends hunger strike

WASHINGTON: A US-Iranian dual national imprisoned in Tehran ended a seven-day hunger strike on Monday, saying he had lost 10 pounds but felt strengthened in…

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Yes Bank AT-1 bonds case: ET explainer: Yes Bank and the AT-1 bonds saga, what next for investors?
Posted in Finance

Yes Bank AT-1 bonds case: ET explainer: Yes Bank and the AT-1 bonds saga, what next for investors?

In what came as a positive development for retail investors, the Bombay High Court last week invalidated the write-off of additional Tier-1 (AT1) bonds issued…

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Posted in Finance

Exemption-less income tax regime under review, could see changes this Budget

Less than half a million taxpayers have opted for the new exemption-less income tax regime since its rollout, prompting a review to see if measures…

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China Covid Deaths: China logs nearly 13,000 Covid deaths in a week | World News
Posted in China News

China Covid Deaths: China logs nearly 13,000 Covid deaths in a week | World News

China reported nearly 13,000 Covid-related deaths in hospitals between January 13 and 19, after a top health official said the vast majority of the population…

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Building collapse in war-damaged Syria city kills 16
Posted in Middle East News

Building collapse in war-damaged Syria city kills 16

ALEPPO: A building collapsed Sunday in Syria‘s war-damaged second city of Aleppo, killing 16 people including children, authorities and media reported. Much of Aleppo was…

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Benjamin Netanyahu fires Cabinet ally, heeding court ruling
Posted in Middle East News

Benjamin Netanyahu fires Cabinet ally, heeding court ruling

TEL AVIV: Israeli Prime Minister Benjamin Netanyahu fired a key Cabinet ally on Sunday, heeding a Supreme Court ruling commanding him to do so and…

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More than 1.1 billion people in China got Covid in latest wave, official suggests
Posted in China News

More than 1.1 billion people in China got Covid in latest wave, official suggests

China said more than 12,600 people died of Covid-related causes in the week leading up to the Lunar New Year holidays, with a health official…

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