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Prime Minister said that India-Bangladesh borders with western Assam's Dhubri have been sealed. Stay tuned for Latest LIVE news
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Finance Minister Nirmala Sitharaman on Wednesday said there is no risk of India's sovereign rating being downgraded as a result of higher deficits, as the Rajya Sabha returned the Finance Bill 2021 without suggesting any change to complete the Parliamentary approval for Budget 2021-22, according to a PTI report.
The Lok Sabha had on Tuesday approved the Finance Bill 2021 -- which contains tax proposals for the next fiscal year beginning April 1 -- after accepting some government amendments such as raising provident fund ceiling for tax-free interest to Rs 5 lakh and platforms such as Amazon not being liable for the equalisation levy as long as the goods and services listed are owned or provided by an Indian permanent establishment of the overseas entity.
The bill was debated in the Upper House, which returned it without suggesting any change or amendment.
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In another news, the Supreme Court on Wednesday flagged the issue of possible misuse of funds received through electoral bonds by political parties for illegal purposes like terrorism and asked the Centre whether there was any control over how these funds were put to use.
On the market front, markets regulator Sebi ordered attachment of bank accounts as well as share and mutual fund holdings of Rana Kapoor, former MD and CEO of Yes Bank, to recover dues of over Rs 1 crore.
Stay tuned for the latest news of the day.
Topics :Amit ShahToday Newstop news of the dayKerala Assembly electionsMukesh AmbaniWest Bengal Assembly pollsNarendra Modi
First Published: Mar 24 2021 | 8:41 AM IST