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Keeping in view the ongoing crisis due to COVID pandemic and to facilitate the taxpayers, no significant change has been made to the ITR Forms in comparison to the last year's ITR Forms.
Petrol now costs Rs 90.56 per litre in Delhi and a litre of diesel comes for Rs 80.87.
States, which have the highest share of tax revenues at present, will be the biggest losers if the system shifts to GST, it said, quickly adding that such a move will help consumers pay up to Rs 30 less.
Good knowledge of the career paths available helps students take wise decision at this crucial stage of their lives.
The increase took petrol prices to a fresh high of Rs 87.30 a litre in Delhi and to Rs 93.83 in Mumbai. Diesel rates rose to Rs 77.48 per litre in the national capital and to an all-time high of Rs 84.36 in Mumbai.
The FM restricted tax-free interest on retirement fund to Rs 2.5 lakh annually but gave tax exemption on Leave Travel Concession subject to incurring of specified expenditure.
In content, vision, strategy and action this budget will have to bring at least the heft and vigour of the reforms-oriented presentation by Dr. Manmohan Singh in July, 1991.
Buzz is that the theatres are likely to open by January 13, the day Tamil star Vijay’s film Master is releasing.
Distributors have approached a few agents stating that the first draw of lotteries from other states would take place on January 18 and that tickets for sale would be delivered soon.
The last finance minister who faced such a bleak prospect was Madhu Dandavate under Prime Minister V P Singh in 1990, as India was plagued by global economic distress.