‘Gaza situation resembles 'depths of hell' thanks to Israel’s war on children’

News Network
October 15, 2024

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The international charity Save the Children has described the conditions in Gaza as akin to the “depths of hell,” saying the aggression on the besieged territory is in fact a “war on children” as nowhere is safe.

The Middle East regional director for Save the Children, Jeremy Stoner, in a statement on Monday said, “What we’re seeing now in Gaza looks like the depths of hell with reports day after day of attacks on children and families. Nowhere is safe.”

The British NGO issued a grave warning about the escalating crisis in Gaza, stating that “evacuation orders” could soon turn into “execution orders” as children face severe deprivation of essential resources for survival.

Stoner made the remarks while explaining about the dire humanitarian situation across Gaza. He noted that in the north of Gaza Strip, a desperate population has been deprived of food for two weeks, trapped in a perilous kill zone while trying to escape relentless bombings and gunfire.

Meanwhile, in the south, where families from the north sought refuge, Israeli airstrikes have ignited a devastating fire that is engulfing Al-Aqsa Hospital and surrounding tents, with reports of rescuers discovering the remains of burned victims.

“Never has it been clearer that this is a war on children, their protection only upheld if they’re deemed a risk to those beyond their borders,” the statement said.

It added that Save the Children begun a second round of polio vaccines for children in Deir al-Balah in central Gaza , as "children face bombs and fire just 500 meter away."

Elsewhere in his remarks, Stoner underlined the need for an urgent ceasefire in Gaza and said that the absence of a ceasefire means that vaccinations for children merely delay their suffering instead of eliminating it.

“Without immediate international action, children and families across the Gaza Strip face a death sentence – today, tomorrow, in a week, in a month, by bombs, bullets, fire, disease or starvation. Anywhere, any time,” he said.

Stoner further raised concerns about humanity's moral compass, arguing those with the power and legal responsibility to intervene in this violence opt to remain passive, regretting that some member states have only responded by supplying weapons used to kill children and burn patients and families in hospitals and tents.

“Gaza is what can happen without the rules of war. Except there are rules – for parties to the conflict, and for the international community – which are not being respected,” the NGO said.

The Israeli aggression against Gaza which began in October last year has so far 42,289 people. Over 98,689 Gazans have also been injured since then.

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News Network
April 10,2025

Mangaluru: A seemingly harmless YouTube advertisement has cost a Mangaluru man his life savings, after he fell victim to an elaborate investment scam and lost a staggering ₹55 lakh.

According to the police complaint, the victim was lured in by a man named Shardul Jani, who claimed that a trading app called Abans Pro would deliver high returns. On February 11, the man made an initial investment of ₹15,000. A trading account was created for him, which soon began displaying encouraging profits.

Buoyed by these promising numbers and under constant persuasion from the accused, the man was convinced to invest more. Reassured that the money could be withdrawn at any time, he not only continued investing himself but also involved his relatives, who collectively transferred ₹39 lakh into his account for further investments.

Between February 11 and March 27, the victim transferred a total of ₹55 lakh to multiple bank accounts provided by the accused. But when he finally attempted to withdraw the funds, nothing came back. The profits were a mirage—his money had vanished.

Realising he had been conned, the man approached the Bajpe police, who have registered a case and begun an investigation into the fraudulent scheme.

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News Network
April 1,2025

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As the new financial year begins, several significant financial and tax-related changes take effect from April 1, 2025. Many of these updates were announced by Finance Minister Nirmala Sitharaman in the Union Budget 2025 and have now been officially approved as part of the Finance Bill 2025.

Some of the key changes include income tax exemption on annual earnings up to Rs 12 lakh, deactivation of UPI for long-unused mobile numbers, and suspension of dividend payouts for individuals who haven’t linked their PAN with Aadhaar. Below is a comprehensive look at all the important updates.

1. Income Tax Exemption & New Tax Slabs
Under the revamped tax regime:
✅ Individuals earning up to Rs 12 lakh per year will be completely exempt from income tax.
✅ For salaried employees, a standard deduction of Rs 75,000 raises the effective tax-free limit to Rs 12.75 lakh.
✅ To claim a rebate of up to Rs 60,000, taxpayers must file their returns on time.
✅ The new tax structure applies to income earned between April 1, 2025 – March 31, 2026, and will be reflected in ITR filings for FY 2025-26 (AY 2026-27).

2. Major Changes in TDS & TCS Rules
To provide tax relief and streamline transactions, several TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) amendments have been introduced:
🔹 TDS on bank interest for senior citizens has doubled from Rs 50,000 to Rs 1 lakh.
🔹 TDS on dividend income has increased to Rs 10,000.
🔹 TCS on overseas remittances under the Liberalised Remittance Scheme (LRS) has been raised from Rs 7 lakh to Rs 10 lakh.

3. UPI Deactivation for Inactive Mobile Numbers
The National Payments Corporation of India (NPCI) will start unlinking UPI IDs associated with inactive mobile numbers. If your number has been inactive for a long period:
🔸 Your bank may remove it from their records.
🔸 You could face disruptions in Google Pay, PhonePe, or any UPI-based transactions.
🔸 This change enhances security by preventing unauthorized access to old UPI-linked accounts.

4. New GST Rules
Several Goods and Services Tax (GST) updates take effect:
🔹 Multi-factor authentication (MFA) is now mandatory for logging into the GST portal, improving online security.
🔹 E-way bills can only be generated for documents issued within the last 180 days, ensuring better compliance.
🔹 Hotel room tariffs above Rs 7,500 per day are now classified as "Specified Premises," attracting an 18% GST on restaurant services.

5. Toll Tax Hike Across National Highways
From April 1, 2025, toll charges across various highways will increase:
🚗 Delhi-Meerut Expressway, NH-9: Toll for cars will rise by Rs 5 to Rs 170.
🚛 Trucks and buses will now pay Rs 580 on major highways.
🚗 Delhi-Jaipur Highway: The Kherki Daula toll plaza will maintain current rates for cars, but the monthly pass for larger vehicles will rise by Rs 20 to Rs 950.

6. End of Equalisation Levy on Digital Transactions
The Finance Act 2025 removes the Equalisation Levy, which previously imposed a 2% tax on e-commerce and 6% on online advertisements. This change aims to:
✅ Reduce tax burden on digital service providers.
✅ Attract foreign investments in India’s digital economy.

7. Positive Pay System for Cheque Payments
To prevent bank fraud, the Positive Pay System requires account holders to:
✅ Electronically submit cheque details for payments above Rs 50,000.
✅ Ensure the details match before the cheque is processed.

8. KYC Mandatory for Mutual Fund & Demat Accounts
🔹 KYC (Know Your Customer) verification is now compulsory for mutual fund and demat accounts.
🔹 Nominee details will also undergo re-verification to enhance security.

9. Major Credit Card Perk Reductions
Credit card users will see major perk reductions, particularly with SBI, IDFC First, and Axis Bank:
❌ SBI Cards will remove complimentary insurance coverage for accidents (Rs 50 lakh for air, Rs 10 lakh for rail).
❌ Reward points on SBI Cards will be slashed from 15% to just 5%.
❌ IDFC First Club Vistara cardholders will lose milestone benefits and Club Vistara Silver membership perks.
❌ Axis Bank is discontinuing Maharaja Club tier memberships and premium vouchers.

10. Minimum Balance Rules for Bank Accounts
📌 Major banks like SBI, PNB, and Canara Bank have updated their minimum balance requirements based on account location:
🏙 Urban branches will require higher minimum balances.
🏡 Rural and semi-urban accounts may have lower minimum balance thresholds.
🚨 Failing to maintain the required balance will result in penalty charges, varying by bank.

11. Unified Pension Scheme (UPS) for Government Employees
The Unified Pension Scheme (UPS), introduced in August 2024, takes effect:
✅ Central government employees under NPS can opt for UPS.
✅ Those with at least 25 years of service will receive 50% of their average basic salary as a monthly pension.

Final Thoughts

These changes, introduced as part of the Union Budget 2025, mark a significant shift in India's tax, banking, and digital transaction landscape. With higher tax exemptions, updated TDS & TCS rules, stricter banking security, and GST amendments, the new financial year aims to simplify compliance while improving financial security and economic efficiency.

Stay informed and ensure all necessary updates to your financial accounts to avoid disruptions.

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coastaldigest.com news network
April 8,2025

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Mangaluru: Scoring an almost perfect 599 out of 600, Amoolya Kamath, a brilliant student of Expert PU College, has topped the Science stream in the PU 2 exams. Calm, composed, and quietly confident, Amoolya says the mock tests at her college were the game changer in overcoming her exam fear.

Coming from a family of doctors — Dr Dinesh Kamath and Dr Anuradha Kamath — Amoolya is charting her own path: “I want to become an engineer,” she said with determination.

Her success mantra? “I revised every day whatever was taught in class. I would reach home by 7 pm and then study till 10:30 pm. But honestly, I never expected the first rank!”

Apart from academics, Amoolya is a trained artist — having cleared the Bharatanatyam senior exam and Carnatic music junior exam. “Music kept my mind calm,” she smiled.

A graceful blend of intellect and art, Amoolya Kamath is an inspiration for students aiming to balance ambition with serenity.

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