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Budget 2021 : No Changes In Income Tax Rates/Slabs
Finance Minister Nirmala Sitharaman said that this time budget is digital budget. This is coming at a time when the GDP of the country has gone to minus two consecutive times, but this has happened with the global economy. The year 2021 is going to be a historic year, on which the country is eyeing. Income taxpayers have high hopes from the budget presented on February 1. Taxpayers are demanding exemption in income tax. Taxpayers say that income up to five lakhs should be tax-free. Income taxpayers are most keen about the budget. Like every year, they are demanding income
Former MEP Kaja Kalas became Estonia’s first female Prime Minister
A former member of the European Parliament, Caja Kalas became Estonia’s first female Prime Minister when the new party’s coalition government was sworn in on 26 January 2021. Ever since Estonia gained independence in 1991, for the first time ever, this Baltic nation will be led by the first female Prime Minister. Kaja Kalas, 43, is a lawyer by profession and a former European Parliamentarian. Apart from Kaja Kalas, who will serve as Prime Minister, there are two parties – Center-Right Reform Party and Left-Leaning Center Party and the newly formed cabinet will consist of 7 ministers from each party.
Finance Minister Nirmala Sitharaman presented the Economic Review 2020-21 in Parliament
Union Finance Minister Nirmala Sitharaman presented the Economic Review 2020-21 in Parliament on 29 January 2021, prepared by Chief Economic Advisor Krishnamurthy Subramanian. The third Economic Survey of Modi Government 2.0 has been presented. This report shows the current state of the country’s economy and the results of the steps taken by the government. Union Finance Minister Nirmala Sitharaman will present the budget in Parliament on 01 February 2021. Economic survey is presented every year before the budget. The report of this survey is prepared by a team headed by the Chief Economic Advisor (CEA) of the government. CEA launched
SpaceX breaks India’s record, launches 143 satellites with single rocket
In the space world, SpaceX has set a new record on 24 January 2021. The company has sent 143 satellites into space with a single rocket. Let us tell you that SpaceX is the company of billionaire businessman Elon Musk. Earlier this record was in the name of India. In 2017, India set a record for launching 104 satellites with a rocket. Earlier, SpaceX sent the maximum number of 48 satellites together into space. This company only takes one million dollars to launch the satellite These satellites were first to be launched in December, but were postponed due to some
India’s vaccine production capacity is the best in the world today: United Nations
A vaccination campaign has been started across India to treat the coronavirus from January 16. Meanwhile, India has sent the help of the Corona vaccine to many of its neighbouring countries. UN Secretary-General Antonio Guterres believes that India’s Corona vaccine production capacity is currently the world’s largest asset. Calling on India to play a leading role in the global vaccination campaign, UN Secretary-General Antonio Guterres named India’s vaccine production capacity the best existing asset in the world on 28 January 2021. He further said that I think that India’s production capacity is the best asset in the world today. In
RBI is preparing to bring digital currency
Reserve Bank of India is considering bringing its digital currency (virtual currency) into the country. If everything goes well then digital currency can be started in the country. Soon an Inter-Departmental Committee of RBI is going to take a decision on this. RBI believes that the need for virtual currency has been felt for a long time due to the rapidly changing circumstances of the payment industry, the trend of private digital tokens and rising expenses in preparing paper notes or coins. Has been The Central Bank Digital Currency (CBDC) is a legal currency and is the digital bank’s central
India’s economic growth rate to be 11.5 percent in 2021: IMF
International Monetary Fund (IMF) has projected India’s economic growth rate to be 11.5 percent in 2021. India is the only country in the large economies among the Coronavirus epidemic (Covid-19) whose economic growth rate will be in the double digits this year. The IMF has forecast growth in its latest world economic scenario released on 26 January 2021. This explains the rapid revival in the economy. In the year 2020, due to the epidemic, it is estimated to fall by eight per cent. The Indian economy is expected to recover significantly in FY 2021. The International Monetary Fund (IMF) has
Government of India launches Shram Shakti portal to collect data of tribal migrant workers
Ministry of Tribal Affairs has launched ‘Shram Shakti’ portal on 22 January 2021 to collect data related to tribal migrant workers and such workers will also be linked to the existing welfare schemes. The Minister of Tribal Affairs, Arjun Munda, while launching the digital portal ‘Shram Shakti’ said that the lack of real-time data about migrant workers is the biggest challenge facing the central and state governments. The unavailability of data about migrant workers was also preventing governments from formulating effective policy decisions and strategies for the welfare of migrant workers. The ‘Shram Shakti’ digital portal will be able to
NASA shares galaxy cluster Abell 370 image
On January 19, 2021, the National Aeronautics and Space Administration (NASA) shared a stunning photo of the giant galaxy cluster – Abell 370 – on its social media account. This picture is the first in itself, as it shows a huge cluster of galaxies. NASA’s Hubble Space Telescope shared an image on its Twitter and Instagram account with a post that wrote, “This light and ridges cover the Hubble Classic image of this galaxy Abell 370.” The Abel 370 galaxy cluster is located 4.9 billion light-years away from Earth in the constellation Setus. NASA reported that the strange shapes seen
Election commission will launch digital voter IDs
Election Commission of India will formally launch the Electronic Electoral Photo Identity Card today (25 January). E-Epic will be a PDF version of the Electoral Photo Identity Card. It cannot be edited. It will have a secure QR code with picture and serial number, part number etc. On the occasion of ‘National Voters’ Day’, on January 25, the electronic electronic photo ID card facility has been started across the country. Union Minister Ravi Shankar Prasad will launch an electronic version of voter ID card on 25 January 2021. The e-version of the voter ID card can be downloaded on a
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