India had inheritance tax 40 years ago. Congress, BJP have toyed with the idea since

The Congress has no plan whatsoever to introduce an inheritance tax. In fact, Rajiv Gandhi abolished estate duty in 1985,” Congress’s Jairam Ramesh tweeted as it attempted to douse the political firestorm after Sam Pitroda advocated a “US-like inheritance tax” in India. The concept of an inheritance tax is, however, not new to India. Such…

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RBI Curbs On Kotak Mahindra Bank: No New Online Customers, Credit Cards

Citing data security concerns and deficient IT infrastructure, the Reserve Bank of India has barred Kotak Mahindra Bank from onboarding new customers online and issuing new credit cards with immediate effect. The bank can, however, continue to serve its current customers, including those holding credit cards. “The Reserve Bank of India has today, in exercise…

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Back ‘PM Modi hil gaye hain…’: Rahul Gandhi says PM ‘panicked’ seeing Congress manifesto

Rahul Gandhi has taken a scathing jibe at Prime Minister Narendra Modi over his “wealth distribution” charge at the Congress, saying the prime minister has panicked after seeing his party’s “revolutionary” manifesto. “PM Modi bilkul hil gaye hain,” said Rahul Gandhi as he addressed party workers in New Delhi So did you like the Congress…

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Patanjali ads case: Ramdev, Balkrishna issue new ‘public apology’ after Supreme Court rap

Patanjali Ayurved Limited co-founders Yoga guru Ramdev and Balkrishna issued a new public apology in newspapers on Wednesday, April 24, a day after the Supreme Court, while hearing a contempt case, questioned them on the size and visibility of an apology issued by the company for previous misleading advertisements In wake of on going matter…

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Back Sundar Pichai fires 20 more employees for protesting Google’s Israel cloud deal: ‘Company not a place to debate politics

A week after firing 28 employees for sit-in protests, Google has laid off at least 20 more from its workforce for protesting the company’s deal with Israel amid its conflict with Palestine, The Verge reported. The employees were reportedly protesting Google’s $1.2 billion cloud computing project – Project Nimbus – with the Israeli government With…

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Diamonds worth ₹6.46 crore found in noodles at Mumbai airport, passenger held

An Indian national travelling from Mumbai to Bangkok was intercepted & was found smuggling the diamonds concealed in packets of noodles inside his trolley bag. The customs department seized diamonds concealed in packets of noodles and gold hidden in body parts and baggage of passengers from the Mumbai airport recently. The goods were collectively valued…

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