Several changes were made to the new income-tax regime in Budget 2023. The old income-tax regime was not tinkered with and is still available.
Posts tagged Rediff
Disney+ Hotstar paid user base falls 6% in Q3 (10-02-2023)
Disney+ Hotstar reported its biggest decline in paid subscribers to date – a fall of 3.8 million subscribers, or 6 per cent of its total – in the October-December period. The drop in numbers came after two warnings by the company that Hotstar’s paid subscriber base would shrink as it didn’t have streaming rights for the Indian Premier League (IPL) for the 2023-27 media cycle. The IPL would start on April 1 this year and continue till May 28.
For Valentine’s Day letters, people turn to ChatGPT (10-02-2023)
If you get a love letter this Valentine’s Day, make sure it was written by a real person and not a machine powered by artificial intelligence (AI). People are rushing to ChatGPT to confess their love, according to a study by McAfee Corp. As many as 78 per cent Indians surveyed were unable to tell the difference between a love letter written by the Microsoft-backed OpenAI service and one by a human being.
‘If we want to fly some kites, we can fly them in…’ (10-02-2023)
‘… and without necessarily calling them Economic Surveys.’ ‘One should stick to the main focus, which is to give people a good perspective on how the economy is doing.’
Twitter Blue to cost up to Rs 900/month in India (09-02-2023)
Twitter users in India looking to avail the blue tick mark for their accounts will have to shell out Rs 900 under the monthly plan for mobile phones, an update from the microblogging platform said on Thursday. The social media platform has priced Twitter Blue at Rs 650 for web and Rs 900 per month for mobile app users. “Blue subscribers with a verified phone number will get a blue checkmark once approved,” Twitter said.
MSCI reviews some Adani Group securities (09-02-2023)
Financial index provider MSCI on Thursday said that it is reviewing the free float status of some Adani Group securities after market participants flagged concerns over eligibility of some of the group firms’ securities for its indexes. MSCI defines the free float of a security as the proportion of shares outstanding that is considered available for purchase in the public equity markets by international investors. In a statement, the index provider said that it has received feedback from a range of market participants concerning the eligibility and free float determination of specific securities associated with the Adani Group for the MSCI Global Investable Market Indexes.
A-I finalises deal with Airbus; to buy 250 planes (09-02-2023)
Air India has finalised an order for around 250 aircraft with Airbus and the deal is expected to be announced next week, a source said on Thursday. The source in the know also said the airline has signed a deal with Boeing for about 200 planes. Specific details could not be immediately ascertained and there was no immediate comments from Air India about the deals.
Crew shortage hits some A-I flights to US, Canada (09-02-2023)
Crew shortage is impacting the operations of Air India, with some flights to the US and Canada either getting cancelled or facing inordinate delays, according to a source. Tata group-owned Air India, which is the only air operator flying on ultra-long haul routes, had faced problems last year also due to the shortage of crew members. An ultra-long haul flight’s duration is more than 16 hours.
Par panel pulls up DoT on internet shutdowns (09-02-2023)
Expressing concern over frequent internet shutdown without any empirical study, a Parliamentary panel has pulled up the Department of Telecommunications for not maintaining the record of incidents and inaction on several of its recommendations. The Standing Committee on Communications and Information Technology on ‘Suspension of Telecom Services and Internet and its impact’ tabled in Lok Sabha on Thursday, the panel has asked the Department of Telecom (DoT) to lay down a clear cut principle of proportionality and procedure for lifting of shutdown in coordination with the home ministry to prevent any misuse of the suspension rules. The panel rejected the logic of the DoT and Ministry of Home Affairs (MHA) for not maintaining the record of the shutdown, saying it cannot simply take the plea that police and public order are essentially state subjects and suspension of the internet does not actually come under the ambit of crimes.
NSE phone tapping: Chitra Ramkrishna gets bail (09-02-2023)
The Delhi high court on Thursday granted bail to Chitra Ramkrishna in the money laundering case related to alleged illegal phone tapping and snooping of the National Stock Exchange (NSE) employees, saying prima facie there are reasonable grounds to believe she is not guilty. Justice Jasmeet Singh granted bail to the former NSE managing director on a personal bond of Rs one lakh and two sureties of the like amount. “Prima facie there are reasonable grounds to believe that the applicant is not guilty of the offence and she is not likely to commit any offence while on bail…the application is allowed and the applicant is granted bail,” the court said.