All posts tagged: halved

Whisky tariffs halved: What’s in the ‘historic’ India-UK free trade deal? | Latest News India

Whisky tariffs halved: What’s in the ‘historic’ India-UK free trade deal? | Latest News India

Published by Parlour News

Prime Minister Narendra Modi announced on Tuesday that India and the United Kingdom had finalised an “ambitious and mutually beneficial” free trade agreement which will bolster business and investment between the two countries. UK’s Prime Minister Keir Starmer and India’s Prime Minister Narendra Modi stated that they have concluded a free trade deal between the two countries(AFP) In a post on X, Modi said, “Delighted to speak with my friend PM @Keir_Starmer. In a historic milestone, India and the UK have successfully concluded an ambitious and mutually beneficial Free Trade Agreement, along with a Double Contribution Convention.” Also Read: British minister asked about UK returning Kohinoor diamond to India. She said… Trade between India and the United Kingdom totalled 42.6 billion pounds in 2024, making it Britain’s 11th largest trading partner. The deal is expected to increase bilateral trade by £25.5 billion, UK GDP by £4.8 billion and wages by £2.2 billion each year in the long run, according to a release shared on gov.uk. Here are some key facts about what the deal contains: …

Saved Rs 3.48 Lakh Crore, Halved Subsidy Allocations: How India’s DBT System Has Performed Since 2013

Saved Rs 3.48 Lakh Crore, Halved Subsidy Allocations: How India’s DBT System Has Performed Since 2013

Published by Webster

Last Updated:April 17, 2025, 23:14 IST Since its implementation in 2013, India’s direct benefit transfer system has ensured fiscal and social gains by expanding 16 times – starting from 11 crore beneficiaries to 176 crore now India’s DBT system has ensured that programmes like MGNREGS and PM-KISAN achieved 98% timely wage transfers and Rs 22,106 crore in savings. (Image: AFP/File) Reflecting high efficiency, India’s direct benefit transfer system has resulted in savings of Rs 3.48 lakh crore and halved subsidy allocations since it was implemented in 2013. Ensuring fiscal and social gains, it has expanded 16 times in this period starting from 11 crore beneficiaries to 176 crore now. According to a quantitative assessment, conducted by the BlueKraft Digital Foundation, the direct benefit transfer (DBT) system has redefined welfare delivery by increasing transparency, curbing leakages, and ensuring precise fund distribution. The policy document evaluates data from 2009 to 2024 to assess DBT’s impact on budgetary efficiency, subsidy rationalisation, and social outcomes. The analysis shows that it achieved a cumulative savings of Rs 3.48 lakh crore …

Sikandar Day 8 Box Office Collection Worldwide: Salman Khan’s film crawls past Rs 100 cr mark in India, number of shows almost halved since release | Bollywood News

Sikandar Day 8 Box Office Collection Worldwide: Salman Khan’s film crawls past Rs 100 cr mark in India, number of shows almost halved since release | Bollywood News

Published by Webster

Sikandar Box Office Collection Day 8: Salman Khan and Rashmika Mandanna’s grand Eid release Sikandar opened to a lukewarm response at the box office. It failed to receive the frenzy associated with a Salman Eid release, impacting its trajectory at the box office. After eight days, Sikandar has finally managed to cross the Rs 100 crore mark domestically. As per a report in Sacnilk, the film earned Rs 4.50 crores on Sunday, seeing a growth of 14.29 percent. The total net India collection of Sikandar in India after one week is Rs 102.25 crores. Over the weekend, the film managed to pick up a little, however, it continued to earn in single digits, which is unheard for for a Salman Khan starrer. The film’s gross collection in India so far stands at Rs 116.15 crores. Worldwide, Sikandar has earned Rs 161.5 crores, and overseas the film has collected Rs 45.35 crores. As per official figures announced by the makers, Sikandar has earned a total of Rs 187.84 crores. On its seventh day 7, the film’s …

AAP’s “Tax Discount” Jibe At BJP, Says “GST To Be Halved After Delhi Loss”

AAP’s “Tax Discount” Jibe At BJP, Says “GST To Be Halved After Delhi Loss”

Published by Webster

New Delhi: The Aam Aadmi Party vs Bharatiya Janata Party battle for Delhi – voting for the 2025 Assembly election is in less than 48 hours – hit the home stretch Monday with senior figures from both sides, including AAP boss Arvind Kejriwal and Prime Minister Narendra Modi and Home Minister Amit Shah for the BJP, exchanging fierce jabs, and accusing the other of corruption and failing the city’s residents. Mr Kejriwal – borrowing a page from the Congress’ book – set the ball rolling this morning by alleging it had done “nothing for the common people, except benefitting billionaire friends” over the last decade. Taking on the BJP over its ‘double-engine’ push, i.e., the belief that having its government at the centre and state will speed up development, the AAP leader wrote on X in Hindi, “It has become clear… if such a government is in power, it will crush all under its wheels… poor and middle class.” He also pointed to Finance Minister Nirmala Sitharaman’s announcement Saturday – that individual taxpayers earning up to Rs …

Income Tax and GST rates should be halved, says ‘disappointed’ Arvind Kejriwal – India TV

Income Tax and GST rates should be halved, says ‘disappointed’ Arvind Kejriwal – India TV

Published by Webster

Image Source : PTI Former Delhi CM Arvind Kejriwal. Aam Aadmi Party (AAP) national convener and former Delhi Chief Minister Arvind Kejriwal on Saturday said that he was disappointed that his suggestion to end loan waivers for billionaires and spend the saved money on the middle class and farmers was not met in the Union Budget 2025-26 presented by Finance Minister Nirmala Sitharaman. The former Delhi Chief Minister said that a large portion of the public exchequer is spent on these waivers. “Income Tax and GST rates should be halved. I am sad this was not done,” Kejriwal said in a post on X.  “A large part of the country’s treasury is spent on waiving off the loans of a few rich billionaires. I had demanded that it be announced in the Budget that from now on, the loans of any billionaire will not be waived off. Middle-class home loans and vehicle loans should be waived off; farmers’ loans should be waived off,” his post read.  Presenting her eighth straight Budget in the Lok Sabha, …