Tejasvi Surya formally assumes charge as national president of BJP's youth wing

News Network
October 19, 2020

suryalady.JPG

New Delhi, Oct 19: BJP MP Tejasvi Surya on Monday assumed charge as the new president of the party''s youth wing and said the organisation will strive hard to "establish the rule of law and restore democracy" in the opposition ruled states of West Bengal, Kerala and Tamil Nadu.

Surya has succeeded Lok Sabha Mumbai MP Poonam Mahajan after completion of her tenure.

"The BJYM will strive hard to establish the rule of law and restore democracy in the states of West Bengal, Kerala and Tamil Nadu. Hundreds of young party activists have sacrificed their lives to uphold the constitution in these states," the Bangalore South Lok Sabha MP said.

He assumed charge in the presence of BJP general secretaries Arun Singh and Tarun Chugh.

On taking up office, Surya thanked the party''s top leadership, Prime Minister Narendra Modi and BJP president JP Nadda for entrusting him with the responsibility to lead the party''s youth wing.

The BJP''s Delhi youth wing workers gave him a resounding welcome on Monday when he left his residence here for the party headquarters to assume charge as the 14th President of the Bharatiya Janata Yuva Morcha, the party''s youth wing said in a statement.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
coastaldigest.com news network
February 12,2025

Mangaluru: Dakshina Kannada MP Captain Brijesh Chowta has urged Chief Minister Siddaramaiah to prioritize increased investments in Mangaluru during the upcoming Global Investors Meet for Coastal Karnataka. He emphasized the region’s immense potential for sustainable industrial growth.

Coastal Karnataka’s Strengths

The MP highlighted Coastal Karnataka’s skilled workforce, premier educational institutions, and strong entrepreneurial ecosystem, making it an ideal destination for industrial expansion.

With its strategic location, excellent port connectivity, and robust infrastructure, the region is particularly suited for industries in R&D, Global Capability Centers (GCCs) - IT and ITES, fintech, renewable energy, marine biotechnology, tourism, and food processing.

Challenges Hindering Growth

Despite these advantages, the MP acknowledged challenges such as youth unemployment, migration of skilled talent, and a lack of large-scale industrial investments. He urged the government to take concrete steps to address these issues.

Proposed Investment Initiatives

To harness the untapped potential of Coastal Karnataka, he requested the CM’s support in:

•    Establishing an IT and startup hub to leverage the region’s large talent pool, boost entrepreneurship, and curb brain drain.

•    Facilitating investments in GCCs and R&D centers, capitalizing on the region’s skilled workforce.

•    Setting up a technological innovation park in Mangaluru to attract investors and institutions.

•    Enhancing New Mangalore Port and developing an integrated coastal economic zone to encourage global trade and manufacturing.

•    Supporting sustainable fisheries, marine research, and ocean-based industries.

•    Encouraging investments in eco-tourism, wellness retreats, and adventure tourism to drive economic growth.

The MP stressed that proactive government intervention in these sectors would significantly boost the region’s economy, attract industries, and create employment opportunities. The proposal is now under consideration.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
February 1,2025

The Union Budget 2025 has brought significant revisions to the income tax structure, aiming to address long-standing demands of middle-class taxpayers, particularly salaried individuals. The newly proposed tax slabs and rebate enhancements are expected to provide substantial relief, making taxation more streamlined and beneficial for the majority.

REVISED INCOME TAX SLABS

The proposed tax slabs under the new regime are as follows:
•    Income up to Rs 4 lakh – Nil
•    Rs 4-8 lakh – 5%
•    Rs 8-12 lakh – 10%
•    Rs 12-16 lakh – 15%
•    Rs 16-20 lakh – 20%
•    Rs 20-24 lakh – 25%
•    Above Rs 24 lakh – 30% (plus applicable cess and surcharge)

Currently, the tax slabs under the new regime are:
•    Income up to Rs 3 lakh – Nil
•    Rs 3-7 lakh – 5%
•    Rs 7-10 lakh – 10%
•    Rs 10-12 lakh – 15%
•    Rs 12-15 lakh – 20%
•    Above Rs 15 lakh – 30%

ENHANCED REBATE UNDER SECTION 87A

The budget proposes an increase in the income cap for availing the rebate under Section 87A from Rs 7 lakh to Rs 12 lakh, while the rebate amount will rise from Rs 25,000 to Rs 60,000. This effectively means that individuals earning up to Rs 12 lakh annually (or Rs 1 lakh per month) will not have to pay any income tax under the new regime, excluding special rate income such as capital gains.

Additionally, salaried taxpayers can benefit from the standard deduction of Rs 75,000, pushing the tax-free income threshold to Rs 12.75 lakh.

Recent data suggests that 78% of taxpayers have already transitioned to the new tax regime. With these latest reforms, the government anticipates an even greater shift towards the default new regime.

TDS AND TCS RATE RATIONALISATION

The government has proposed selective rationalisation of Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) rates, which include:

•    Senior Citizens’ Interest Income – The tax deduction threshold will be increased from Rs 50,000 to Rs 1 lakh.

•    TDS on Rent – The annual exemption cap will rise from Rs 2.40 lakh to Rs 6 lakh.

•    TCS on Foreign Remittances – The threshold cap will increase from Rs 7 lakh to Rs 10 lakh.

Additionally, the higher 20% TDS deduction will now apply only in cases where the PAN is inoperative, ensuring that compliant taxpayers do not face undue deductions. These adjustments are expected to ease compliance burdens for taxpayers.

UPDATED TAX RETURN FILING WINDOW EXTENDED TO 4 YEARS

Currently, taxpayers can file an updated return within 24 months from the end of the relevant assessment year, provided it results in additional tax payments. The new proposal extends this window to 48 months, offering taxpayers more flexibility to rectify their tax filings and remain compliant.

The Union Budget 2025’s tax reforms reflect a concerted effort to reduce the financial strain on taxpayers while simplifying the taxation process. These changes mark a significant shift in the government's approach to personal taxation, with a clear emphasis on inclusivity and fairness.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
February 12,2025

gazahero.jpg

The family of Dr. Hussam Abu Safia, director of Gaza's Kamal Adwan Hospital, says he has been subjected to “severe torture and mistreatment” following his arrest by Israeli forces in late December.

Abu Safiya’s family, citing his lawyer, said in a post on X on Wednesday that he endured harsh conditions in the first days of his detention in Israeli jails and was held in solitary confinement for 24 days before being transferred to Ofer Prison in the occupied West Bank, where he continues to face poor treatment.

According to Abu Safiya's family, he suffers from chronic high blood pressure and an enlarged heart muscle.

His family added that although Abu Safiya is currently receiving treatment, he is only given one meal per day which is "inadequate” and of very poor quality.

“Regarding his legal case, it is clean, and there are no charges against him,” his family said, adding that all accusations attributed to him have been denied due to lack of evidence and the case is clear.

His family noted that Abu Safiya’s release could be imminent in the coming stages of the prisoner exchange, as the Israeli prosecutors have not filed any charges.

Abu Safiya’s family further called on the international community to pressure Israel to provide adequate food and medicine for him and secure his immediate release.

In late December, Israeli forces raided Kamal Adwan Hospital, forcing patients and medical staff to leave while detaining the rest.

Dr. Abu Safiya, 51, was among those taken for questioning by the Israeli military over alleged links to the Palestinian resistance movement Hamas.

He has already called for international intervention to secure his release and that of all detained medical personnel, stressing that healthcare workers must be protected, their rights upheld, and their immediate release ensured. 

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.