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SBI's Budget 2018 pitch: Increase income tax exemption limit to Rs 3 lakh

-PTI NEW DELHI: With rise in personal disposable income post 7th Pay Commission, the income tax exemption limit needs to be raised by Rs 50,000 to Rs 3 lakh, a SBI report said on Monday. The move will benefit around 75 lakh people, it said. The SBI's Ecowrap report further said that if the exemption limit of interest payments under housing loan is increased to Rs 2.5 lakhs for existing home loan...

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First blind IFS officer among 'first ladies' lauded by President -Ambika Pandit

-The Times of India NEW DELHI: Beno Zephine, India's first 100% visually-impaired person to join the Indian Foreign Service in 2015, was among 111 women felicitated by President Ram Nath Kovind for their remarkable journey as "first ladies" in their respective fields. Currently serving in the Indian embassy in Paris, this young woman's story showcases how will power coupled with support at home can help overcome any physical disability. In the absence...

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Mobile screens worse than TV, says study -GS Mudur

-The Telegraph New Delhi: Schoolchildren who spend seven hours or more a week gazing into computers or mobile phone screens appear to be at highest risk of worsening myopia, India's largest study to progressively track children's eyesight has suggested. The study by ophthalmologists at the All India Institute of Medical Sciences (AIIMS), New Delhi, has found that six hours or more per day of reading or writing or four hours or more...

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In last 10 years, Parliament passed 47% bills without debate -Mohua Chatterjee

-The Times of India NEW DELHI: At a time when a delayed schedule for this year's winter session of Parliament is a matter of discussion in political circles, an Examination of records shows that 47% of bills in the last 10 years were passed without any debate. There has also been a steady reduction in parliamentary hours, a comparison with records of the first 20 years since 1952 show. Between 1952 and...

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Banks can wipe out your money -BR Muralidharan

-Deccan Chronicle Bail-in clause in the proposed law can make you lose your rights on your bank deposits. As part of a host of banking reforms, the Central government has approved a bill in June 2017 to enact a new law framing rules for the resolution of failing banks, whose details that surfaced on social media made all bank depositors a worried lot. If the government goes ahead with this move, it...

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