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Finance Ministry will not give details of Swiss bank accounts

Finance Ministry has refused to give details of accounts of Indians to Swiss Bank. He says that this information comes under the confidentiality provision of the tax deal between India and Switzerland. In response to a question asked under the Right to Information (RTI) Act, the ministry also refused to give details of black money received from abroad. In response to a question asked under the RTI Act, the ministry said, under such agreements the exchange of information comes under the confidentiality provision.

 Finance Ministry has refused to give details of accounts of Indians to Swiss Bank.

Finance Ministry will not give details of Swiss bank accounts
Finance Ministry will not give details of Swiss bank accounts

Therefore, under Section 8 (1) and 8 (1) (f) of the RTI Act, the information relating to tax received from foreign governments is exempt from disclosure. Under the RTI, details were sought from the ministry regarding information received from Switzerland about Indian accounts in banks there. Information was also sought from the Ministry about information received from other countries about black money. India received Swiss bank account details from Switzerland in September under an agreement for the automatic exchange of information.

Promotion to those who smoke with the boss at the workplace

If a male goes on a cigarette break at the workplace, he often gains compared to women. We are saying this because according to research released by the National Bureau of Economic Research, if your manager is a male and he smokes, then the male employees who share the habit of smoking with the boss are quicker than those There is a possibility of promotion who do not smoke.

If a male goes on a cigarette break at the workplace, he often gains compared to women.

Promotion to those who smoke with boss
Promotion to those who smoke with boss

Men get benefits if they are male managers
This result is part of a larger study that revealed that if the managers of male employees are male, then they get the benefit while the rate of promotion for women is the same and there is a difference on the promotion of women. It does not matter whether their manager is a male or a female.

Men get better promotions
The research was carried out by Joe Cullen of Harvard Business School and Ricardo Perez of UCLA Anderson School of Management. In this study, earlier research was also tracked in which it was found that male sponsors work better with men than other groups and due to this their promotion is also better. In another study, it was said that people like to support dependents who are like them. Because of this, men get more benefits than women. This is also because the number of women in the executive rank is extremely low.

road safety action plan should be prepared for each district.

Home Minister BalaBachchan has said that a road safety action plan should be prepared for each district to prevent road accidents. He said that third party audit should be conducted after improvement of road safety audit at the black spot. ShriBachchan was presiding over the meeting of the State Road Safety Council today.Were. In the meeting held in the Ministry, Mr. Bachchan has said that district level implementation committee and council meeting should be regular. He said that it has been seen that more accidents have occurred between 6 to 9 in the evening and between 12 to 6 in the night. For this, road side sleeping / resting places should be developed for heavy drivers on the highway. Due to this, the driver who has come out for a long distance will reduce the chances of getting a nap in the night and accidents can be curbed.

road safety action plan should be prepared for each district.

road safety action plan should be prepared for each district

Mr. Bachchan has said that the nodal agencies should carry out their work. He said that there is a need to work on war footing on innovations in terms of road safety. In rural areas, the lack of awareness should be made to follow traffic rules. Road Construction Agency should take necessary measures for road improvement before November and work to prevent accidents by adopting measures to prevent accidents.ShriBachchan also asked to issue necessary guidelines regarding unauthorized parking of vehicles. He said that local bodies can play an important role in efforts to keep cattle off the road. For this, Nagar Panchayat and urban bodies should try from the local level. ShriBachchan has said that the work of putting radium, reflectors, etc. on tractor trolley, trucks etc. should be continued.

It was told that this year Katni, Alirajpur, Bhind, Ashoknagar and Shahdol have given better results to reduce accidents. During the road safety and awareness campaign, 3 lakh 70 thousand 436 students were made aware of traffic by conducting 4088 awareness programs. The meeting discussed the situation of Madhya Pradesh on the basis of information on road accidents in the country, numerical analysis of road accidents in the state, review of information received on accidents and action plans and suggestions for reduction of road accidents. Principal Secretary Home SN Mishra, Transport Commissioner ShailendraShrivastava and Special Director General of Police Mahan Bharat Sagar were present in the meeting.

Supreme Court seeks list of CBI, ED officials in coal scam

The Supreme Court on Tuesday asked the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) investigating the coal scam to list the names of their respective officials. The apex court has asked both the central investigative agencies to tell the court which officials are needed in the investigation of this case (coal scam).

Supreme Court seeks list of CBI, ED officials in coal scam

The court said that the remaining officers who are on deputation can be sent back to their home cadre. In fact, in the coal scam case, the ED has filed an application in the Supreme Court seeking transfer of 42 officers. The application states that deputation of 42 officers is ending with the ED. So these officers should be transferred. Earlier, the Supreme Court had ordered that the transfer of officials investigating the coal scam case would not take place without the permission of the court.

Mumbai stock market has also started its weakest on Tuesday

The Mumbai stock market has also started its weakest on Tuesday, the second trading day of the week. In the morning, along with negative signals from around the world, the market fell for the second day due to the fall in the shares of banking, energy and information technology companies. The BSE Sensex lost about 150 points during early trade. The BSE Sensex is down 147.66 points, down 0.40 percent to 36,975.65 points, and the NSE Nifty is down 43.30 points to 0.39 percent at 10,960.20 points. On the first trading day, the market closed down after a weak start.

The Mumbai stock market has also started its weakest on Tuesday, the second trading day of the week.

Weak start of stock market

Tech Mahindra, HCL Tech, Hero MotoCorp, Axis Bank, HDFC, Bharti Airtel, Mahindra & Mahindra, TCS, Tata Motors, ICICI Bank, etc. declined by 1.86 per cent during morning trading. On the other hand, Vedanta, Yes Bank, Asian Paints, Tata Steel, ONGC, SBI and IndusInd Bank gained 2.22 per cent. Foreign portfolio investors sold Rs 751.26 crore on the previous trading day, while domestic institutional investors bought Rs 308.56 crore. Investor sentiment is believed to have weakened after the uncertain geopolitical situation and increasing US-China trade tensions and worsening global economic conditions following drone attacks on oil wells in Saudi Arabia. Also, there is a sense of disappointment in the market and investors have kept distance.

Thirimane is satisfied about security arrangements in Pakistan

Lahiru Thirimane, the captain of the Sri Lankan ODI team going on a tour of Pakistan, expressed his satisfaction with the security arrangements. Earlier, Sri Lankan Cricket (SLC) named Thirimane and Dasun Shanaka as ODI and captain of the T20 team for their tour after their senior players refused to go on a Pak tour. Thirimane said, “My whole focus is on cricket and not safety.” Also said that SLC has shared the security plan with us and we are satisfied with it. I have told them that my family is also satisfied with the security measures and they have no problem. Pakistan and Sri Lanka are scheduled to play a three-match ODI series on September 27, September 29 and October 2 at the National Stadium in Karachi.

Thirimane said that if your family does not give permission then it becomes difficult to decide on the tour.

thirimanne

The two teams will then play a three-match T20 series on October 5, 7 and 9 at the Gaddafi Stadium in Lahore. After this Sri Lanka will also host Pakistan for the two-match World Test Championship in December. Thirimane said that if your family does not give permission then it becomes difficult to decide on the tour.

Despite this, we also respect the decision of experienced players who have withdrawn their name from this tour. Thirimane believes that despite the absence of senior players, his team is very strong. The captain said, for me it is just like another series. There is no additional pressure on me for captaincy. Also said that if we play according to our ability then we can win the series. Earlier in Pakistan, at least 10 players of the Sri Lankan cricket team withdrew from the tour due to security reasons.

Open market with weakness- Cessanx 36400 and Nifty 10800 levels

Indian markets started with weakness on Thursday trading day due to poor signals received from global markets. Sensex and Nifty are seen in red marks. Mid and small cap stocks are also sluggish. The mid-cap index of BSE is trading with a weakness of 0.02 per cent whereas the small cap index is showing a slight gain of 0.08 per cent. Oil-gas stocks are also seeing the effect of rising crude prices. The BSE oil and gas index is trading with a weakness of 0.25 per cent.

Mid and small cap stocks are also sluggish.

Open Market with weekness

Due to pressure on banking shares, the Bank Nifty is seen around 27050 with a weakness of 0.44 per cent. In today’s early trade, only Nifty’s pharma stocks are getting light purchases. Apart from this, all the sectoral indices of Nifty are seen in red mark. Cessanx is trading around 36440 with a weakness of 122 points. The Nifty is seen around 10810 with a weakness of 30 points.

Kanpur-based diamond trader Uday Desai dips Rs 3635 crore

At present, there are similar NPAs in their 14 banks.

uday desai kanpur

Kanpur-based diamond businessman Uday Desai has sunk Rs 3635 crore from 14 banks. In these banks, more than a dozen accounts of their half-dozen companies have become NPAs. This is the second-biggest case of bank money after Pen King Vikram Kothari. Several companies took loans of more than three thousand crore rupees between 2002 and 2010, including Uday Desai’s companies M / s Frost International Limited and Frost Infrastructure and Energy Limited. After years of running loan installments and increasing the limit continuously, their accounts started getting NPA in the year 2018. At present, there are similar NPAs in their 14 banks. Even after issuing demand notices continuously, banks did not get the loan amount returned from their companies. Now Bank of India has taken over properties in Mumbai, Kanpur and Gurgaon. Many properties are still in a condition of being seized and many are in the process of auction.

South African coach Lance Klusener called Navdeep a great bowler

South African coach Lance Klusener has praised the young Indian fast bowler Navdeep Saini of the Indian team. Klusener said, ‘I am very happy to see NavdeepSaini being recognized. You can’t see too much in Indian bowlers who can bowl 150. Klusener also discussed Saini’s passion for fast bowling. Klusener went on to say, ‘His bowling action is very clean.

Klusener called Navdeep a great bowler

He is also technically fit but when I talk to him, I think he is excited to bowl at 150 kmph. He said that I have seen very few bowlers bowling at a speed of 150 kmph. Navdeep has impressed everyone since his arrival in the team. He played with the Delhi team under the captaincy of former cricketer Gautam Gambhir. Gambhir has played an important role in bringing Navdeep forward.

Sensex rises 1600 points, income tax will be 22 percent

There has been a huge surge in Indian stock markets with the announcement of exemption in corporate tax on domestic companies by Finance Minister Nirmala Sitharaman. During the trading, the Sensex rose 1601 points to 37,695.74 and the Nifty climbed 363.75 points to 11,068.55. To promote growth, the finance minister has reduced the corporate tax rate to 22 per cent for new domestic companies, unless corporate have taken any incentive or exemption. The stock market has blossomed with the announcement of the finance minister. The market is as bright as Diwali and almost all major sectors are seeing a boom. To increase growth and investment, changes in income tax act will be applicable from the current financial year i.e. 2019-20. The income tax on domestic companies will be 22 percent without any exemption and the effective rate will be 25.17 percent by adding surcharge and cess. Earlier this rate was 30 percent. The Finance Minister said that with the reduction of corporate tax and other concessions, the exchequer will incur a burden of Rs 1.45 lakh crore.

exemption in corporate tax on domestic companies by Finance Minister Nirmala Sitharaman.

To give a boost to Make in India, they added a clause in the Income Tax Act. In FY 2019-20, a domestic company formed after October 1, which will invest in manufacturing, will have the option to pay income tax at the rate of 15 per cent. That is, any company formed in India on or after 1 October 2019 will be taxed at 15%. If they start production before 31 March 2023, then 15 per cent will be taxed. There will be 17.10 percent effective rate including all types of surcharge and cess. Companies that announce a buyback of shares before 5 July 2019 will not face super rich tax. To increase the flow of funds in the capital market, the Finance Minister said that the surcharge raised in the budget in July will not be effective on the sale of shares in the company and capital gains from equity fund unit sales.