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Joe Biden seeks to boost economic ties

July 23, 2013

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New Delhi, Jul 23: United States Vice-President Joe Biden arrived here on Monday, seeking to boost economic ties between the two nations and step up bilateral trade.

Biden, during his four-day visit, will discuss with political executives steps to improve relations in the four key areas of trade, energy and climate, defence and regional cooperation.

He will travel to Mumbai on Wednesday to address captains of the Indian Inc at the Bombay Stock Exchange and interact with students at IIT-Powai.

In Delhi, Biden is scheduled to hold talks with Prime Minister Manmohan Singh and call on President Pranab Mukherjee, UPA chairperson Sonia Gandhi and Leader of the Opposition in the Lok Sabha Sushma Swaraj. Vice-President Hamid Ansari will host a dinner in his honour on Tuesday.

Biden, who arrived in the Palam Technical Area with spouse, Jill, was received by Foreign Secretary Ranjan Mathai. He began his tour with a visit to Gandhi Smriti Museum.

This is his first visit to India after becoming the vice-president. Biden’s trip comes a month after US Secretary of State John Kerry’s visit.

Biden’s discussions with the Indian leaders are expected to focus on enhancing economic ties, greater defence cooperation, taking forward civil nuclear cooperation and the situation in Afghanistan.

Singh is expected visit the US in September.

In a bid to boost India’s civil nuclear ties with the US, Biden is expected to utilise the visit to expedite work on commercial details of a contract between Nuclear Power Corporation of India Ltd and Westinghouse for setting up the first US reactor in India.

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News Network
May 26,2020

Kasaragod, May 26: Amid relaxation of COVID-19 lockdown norms, Secondary School Leaving Certificate (SSLC) and vocational higher secondary education (VHSE) examinations resumed in Kerala on Tuesday.

Schools in the state maintained social distancing norms and other precautionary measures amid the examination. Hand sanitisers were also provided at the centres while wearing face masks was made mandatory for all students.

Students at VHSS Manacaud High School in Thiruvananthapuram were encouraged to follow social distancing norms while they also underwent thermal screening before entering the examination centre.

In Kerala, VHSE and SSLC exams began today. While VHSE is scheduled in the morning, the SSLC exam is held in the afternoon session.

Senior secondary exams are scheduled to begin in the state from May 27.

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Agencies
May 31,2020

New Delhi, May 31: The income tax department has notified forms for filing income tax returns for the financial year 2019-20.

The Central Board of Direct Taxes (CBDT) has notified Sahaj (ITR-1), Form ITR-2, Form ITR-3, Form Sugam (ITR-4), Form ITR-5, Form ITR-6, Form ITR-7 and Form ITR-V for the assessment year 2020-21.

The department has revised the I-T return forms for the financial year 2019-20 to allow assessees to avail benefits of various timeline extension granted by the government following the COVID-19 outbreak.

The government has extended various timelines under the Income Tax Act, 1961, through the Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020.

Accordingly, the time for making investment or payments for claiming deduction under Chapter-VIA-B of IT Act that include Section 80C (LIC, PPF, NSC etc.), 80D (Mediclaim) and 80G (Donations) for the financial year 2019-20 had been extended to June 30, 2020.

ClearTax founder and CEO Archit Gupta said, "The new forms require a separate table to disclose tax saving investment made in the first quarter of 2020 for availing them in FY 2019-20. Taxpayers must assess their tax liability for FY 2019-20 and make sure they are maximising their Section 80C benefits if not already done so."

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News Network
May 14,2020

New Delhi, May 14: With a spike of 3,722 new cases in the last 24 hours, the COVID-19 count in India reached 78,003 on Thursday morning, according to the Ministry of Health and Family Welfare.

As per the latest update by the Ministry, there are 49,219 active cases in the country while 26,235 patients have been cured and discharged, and one migrated, so far.

With 134 new deaths being reported due to the disease since yesterday, the toll due to the disease reached 2,549.

With 25,922 confirmed cases, Maharashtra is the worst affected by the infection in the country so far.

Gujarat and Tamil Nadu, with 9,267 and 9,227, cases respectively are the next worst affected by the disease.

The national capital, Delhi, is just a couple of cases behind the 8 thousand mark as per the update on Thursday morning.

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