Business

Rahul Gandhi targets the PM on economy

Published

2 months ago

November 12, 2020

‘Strength turns into weakness’: Rahul Gandhi targets PM on economy

Congress leader Rahul Gandhi once again targeted Prime Minister Narendra Modi over the economy, claiming that due to the decisions taken by the PM, India has come into recession.

“India has entered recession for the first time in history.

Mr. Modi’s actions transformed India’s strength into weakness, ”Rahul Gandhi tweeted on Thursday.

Rahul Gandhi attached a news report with the tweet which talked about the state of India’s economy.

India has entered into recession for the first time in history.
Mr Modi’s actions have turned India’s strength into its weakness. pic.twitter.com/Y10gzUCzMO
– Rahul Gandhi (@RahulGandhi) November 12, 2020

In an article released on Wednesday in the monthly bulletin of the Reserve Bank of India (RBI), an official said that India’s gross domestic product (GDP) is likely to contract up to 8.6 percent for the July-September period, implying that India will enter for the first time in history in the first half of this financial year with two gradual slowdowns of negative growth due to the Kovid-19 epidemic. Researchers have used the ‘nostering’ method to access estimates before the official release of data.

However, their findings do not constitute central bank views.

The epidemic-induced lockdown suffered a steep 23 percent drop in GDP in the April-June quarter compared to the same period a year earlier. The RBI has estimated that the economy will contract for the entire fiscal year at 9.5 percent. Gandhi attacked the Center for tackling the coronovirus crisis and alleged that it was not enough for the people of the country.

Rahul Gandhi also criticized the lockdown imposed by the Modi government.

Rahul Gandhi on Wednesday said that after the US pharmaceutical major Pfizer announced the promising results of its coronavirus vaccine, the central government needed to formulate a vaccine delivery strategy. Meanwhile, the Center on Wednesday approved a Rs 2 lakh crore production-linked incentive (PLI) package aimed at boosting demand across India.

In addition to the PLI package, government officials said this week plans to announce a new round of stimulus totaling about $ 20 billion to pull the economy out of its historic contraction, according to news agency Reuters It will be finalized by PM Modi, Union Finance Minister Nirmala Sitharaman and other senior officials.

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Business

Government of India is giving 5 crores! You can also get it, just have to do this work…

Published

5 days ago

January 13, 2021

The Newzly desk

Indian government is giving 5 crores rupees, just have to do this work ...

Reward of up to Rs 1 crore in the case of benami property and up to Rs 5 crore in terms of tax evasion, including keeping black money abroad

The central government has started to curb people like benami property, illegal property and tax evasion. You can also get up to 5 crores by complaining against benami property, illegal property and tax evaders or those possessing black money abroad. For this, the Income Tax Department of the Central Government has started a new online facility. The information of which has been given by the Central Board of Direct Taxes (CBDT) on Tuesday.

Prize up to 5 crores

Giving information, the Central Board of Direct Taxes (CBDT) has stated that according to the scheme currently in force, up to Rs 1 crore in the case of benami property and up to Rs 5 crore in case of tax evasion, including keeping black money abroad There is a provision of award.

Complain like this

According to the Central Board of Direct Taxes (CBDT) e-Filing portal for its complaint https://www.incometaxindiaefiling.gov.in But the link has been started to give information about tax evasion or benami property holding. In which the complainant should hold Aadhar card and PAN card. Even if the complainant does not have Aadhaar or PAN, he can still complain about such people.

It is an online facility and under the OTP (One Time Password) based procedure, anyone can file a complaint in three different forms under violation of Income Tax Law 1961, Undisclosed Property Law and Benami Transaction Avoidance Act.

After securing the complaint, a unique code will appear on the complainant’s mobile number, using which the complainant can know the status of the complaint and action. In this new process of the Income Tax Department, any person can also be made ‘informer or informer’, who will be awarded with the appropriate reward by the department.

Income Tax Return Filing Date

Let us know that the date of Income Tax Return Filing for the financial year 2020-21 has expired. Its last date was set as 10 January 2021. While the deadline for filing income tax returns by companies is 15 February.

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