Vivad Se Vishwas Scheme 2024: The Ministry of Finance has released guidelines and FAQs about the Vivad Se Vishwas Scheme 2024 which aims to reduce tax litigations by completely waiving interest and penalty, provided you pay up the disputed tax amount by an specified date using a specified form. Read here to know more about Direct Tax Vivad Se Vishwas Scheme 2024.
In her 1976 SF novel Arslan, M J Engh - incidentally, Mary Jane Engh - wrote about a foreign strongman invading the US and destroying its democracy with 'Asiatic' despotism. Looks like neither is Don Don's America too science fictional nor does the US need to look outside - they've got their own homegrown 'General Arslan' gunning for the Big House, making 'tough guyness' an object of awe and veneration.
Such reunions are lovely. But we'd rather have Paul McCartney send Ringo Starr a secret missive - a cryptic bass line, perhaps - for a Beatles reunion. Whether Harry and Charlie get together, perhaps rushing towards each other in slo-mo, with the season finale ending in waving from the balcony, wait for the next episode of The Clown.
The broader point is capitalism and democracy have an intricate relationship that needs to be maintained. China may have had a surge in economic growth after Deng's economic reforms, but there are questions about whether it will be able to reach the levels of mass affluence of advanced economies. Countries where institutions serve their citizens, too, need to watch out for leaders attempting to weaken the rule of law to strengthen their hold on power.
Facing life's uncertainties, as described by Adi Shankaracharya, requires maintaining an evenness of mind and seeing challenges as growth opportunities. Embracing the unknown with confidence can lead to infinite possibilities and unexpected, beautiful surprises, fostering personal understanding and resilience.
In 2022, I had the opportunity to meet Ratan Tata regarding the relaunch of Air India, following its acquisition by the Tata Group. Alongside the Future Brand team and Air India leadership, we sought Tata's insights for the brand strategy and redesign. He expressed a strong desire for Air India to rank among the world's best airlines, emphasizing a modern image that combines advanced technology with exceptional service.
The Electoral Count Reform Act was recently passed by the Congress, which is the response regarding the attempt of former US president Donald Trump to overturn the results of the 2020 election so that he can reverse his loss. Although there are some loopholes that need to be explored, local officials have explored a few loopholes.
Boeing seeks to raise up to $25 billion to address financial challenges, including a strike and operational setbacks. The funds will support its balance sheet, avoid credit downgrades, and provide liquidity. Boeing faces production issues with the 737 Max and delays for the 777X, along with the need to negotiate with striking workers.
BMW CEO Oliver Zipse warns that the EU's plan to ban combustion-engine cars by 2035 will significantly shrink the automotive industry in Europe. He argues that the continent is not ready to transition entirely to electric vehicles and criticizes the sustainability of subsidies for these models.
La Niña winter 2024 is expected to develop within a week as it has already started influencing the temperatures, precipitation, as well as the snow across the United States, and it can impact by bringing more snow in the Pacific Northwest.
India-Canada relations have deteriorated to unprecedented levels, fueled by accusations and retaliations over the killing of Khalistani terrorist Hardeep Singh Nijjar. Canadian Prime Minister Justin Trudeau's handling of Sikh separatism and his political motives have worsened bilateral ties, leading to a severe trust deficit.
K Laxman, BJP OBC Morcha Chief and MP, has been named the Returning Officer for BJP's organizational elections, to choose President JP Nadda's successor. He will be assisted by MPs Naresh Bansal, and Sambit Patra, and the party's Vice President. The new President will be finalized by mid-January and endorsed shortly after by the BJP National Council.
In 1991, a creative campaign named ‘The Company of Man’ was crafted for Tata Group to highlight their community-serving values. Ratan Tata, moved by the presentation, decided not to release it, emphasizing that true healers do not announce their actions, they simply act.
Daron Acemoglu, James A. Robinson, and Simon Johnson received the Nobel Prize in Economics for their research on institutions and economic growth. Their work debunks the idea that geography determines prosperity, illustrated by the divergent fortunes of the US and Mexican sides of Nogales, and emphasizes how inclusive institutions drive economic success.
The ICAI has issued two new quality management standards (SQM 1 and 2) for audit firms, focusing on quality management systems and engagement review processes. Meanwhile, tensions with NFRA persist over the inclusion of SQMs in the revised domestic audit standard SA 600.
In Lebanon, over 400,000 children have been displaced within three weeks due to escalating Israeli military actions against Hezbollah, threatening a 'lost generation.' Concurrently, Israeli airstrikes in Gaza have resulted in significant casualties, with numerous Palestinian civilians, including children and medical personnel, killed or wounded.
By-elections for five assembly seats in Assam are scheduled on November 13, prompted by the election of current MLAs to the Lok Sabha. These seats include Dholai, Behali, Bongaigaon, Sidli, and Samaguri. The BJP will contest three of these, while AGP and UPPL will contest one each.
India has urged the UAE to address concerns over a significant rise in exports of silver, platinum alloy, and dry dates, following the 2022 Comprehensive Economic Partnership Agreement. The UAE has agreed to investigate the compliance with the rules of origin norms to prevent circumvention.
During an interview, Donald Trump suggested that the military or National Guard could be used to quell potential unrest from the Radical Left after the election.
Chief Election Commissioner Rajiv Kumar stated voter identification will follow election rules while respecting cultural values. His comments respond to debates about women wearing hijabs at polling booths. In May, issues arose around verifying burqa-clad voters. The Election Commission also announced schedules for Maharashtra, Jharkhand Assembly polls, and several bypolls.
Gujarat's government auctioned 25 major and 2,280 minor mineral blocks, issuing Letters of Intent on Entrepreneurship Day. Chief Minister Bhupendra Patel emphasized entrepreneurs' contributions to development. The auction process promotes transparency and ease of doing business, with a new application-based system for private land leases introduced under the EODB initiative.
U.S. semiconductor stocks declined following a sales forecast cut by ASML and reports of the Biden administration considering capping AI processor sales to certain countries. Major chip firms like Nvidia, AMD, and Intel saw significant drops, affecting market indices. The news raised concerns about U.S. efforts to maintain technological dominance.
The Singapore Armed Forces scrambled two fighter jets to escort an Air India Express flight from Madurai due to a bomb threat. The plane landed safely at Changi Airport, where it was subsequently handled by airport police. Investigations into the threat are ongoing.
The Election Commission is holding by-elections on November 13 for four vacant assembly seats in Punjab. The vote counting will occur on November 23. The election code of conduct is now in effect in the relevant districts. The notification for the by-elections will be issued on October 18, and the filing of nominations ends on October 25.
Hollywood stars Salma Hayek and Nicole Kidman had a heated discussion during Paris Fashion Week, and a viral video clip is showing that the two women are sharing bitter behavior among them.