Dependent under new tax law

Finance Minister Nirmala Sitharaman on Friday said transparency and tax stability were the key guiding principle of Budget 2021-22. Contrary to the expectations of a COVID-19 tax, the government has chosen to fund the budget stimulus through higher borrowing rather than increased taxes, she said while addressing members of industry chamber CII. While the Union Budget 2021-22 provides for enhanced capital expenditure by the government, it also envisages private sector participation in a big way, the finance ministry said in a statement quoting the minister. On the Budget announcement of setting up a Development Finance Institution (DFI), Sitharaman said the government will provide some capital and will also raise funds from the market. In addition, the DFI Bill will provide legislative space for private DFIs. The government proposes to set up a Rs 20,000 crore DFI with a view to mobilise Rs 111 lakh crore required for funding of the ambitious National Infrastructure Pipeline (NIP). … [Read more...] about Transparency, Tax Stability Key Guiding Principles of Budget 2021-22, Says Nirmala Sitharaman

Revenge porn victims could be granted anonymity as part of a review of the laws around online abuse. MPs and campaigners have been calling for victims to be protected from further harassment after the sharing of private or sexual images or videos of a person without their consent was made a criminal offence in 2015. Survivor Lena Chen previously told The Independent how she had to leave the US and change her name when she was harassed for years after her ex-boyfriend’s posted of intimate photos online. The Law Commission is to consider the case for granting revenge porn victims automatic anonymity, which is currently standard for sexual offences, as part of a wide-ranging review. The independent body will also look at whether current laws are sufficient to tackle the emerging offence of “cyberflashing ”, where victims are sent unsolicited sexual photos and “deepfake” pornography that sees victims’ faces added to explicit videos. UK news in pictures … [Read more...] about Revenge porn victims could be granted anonymity in review of online abuse laws

Less than a year after a white teenager in upstate New York was investigated for making a threatening statement at school, he legally purchased a firearm, which he is accused of using to gun down 10 Black people in a racist rampage , authorities said. The massacre at Tops Friendly Market in Buffalo on Saturday should have been thwarted by New York’s red flag law , which aims to stop people from buying or possessing firearms when they show they’re threats to themselves or others, gun policy experts said. “It was designed exactly for this circumstance,” said David Pucino, the deputy chief counsel at Giffords Law Center, a gun-safety group. Instead, after Payton Gendron appeared on the radar of New York State Police in June over a chilling comment about a murder-suicide he made in the classroom while he was still a minor, he was evaluated and cleared, paving the way for him to legally buy the semi-automatic rifle he is accused of using in the shooting 11 months later, … [Read more...] about New York’s red flag law should have helped thwart the Buffalo mass shooting. What went wrong?

The suspected Buffalo shooter reportedly saw New York's strict gun laws as an advantage in the recent attack that left 10 people dead. According to the Buffalo News, law enforcement officials said that they believe an online manifesto was written by the suspected shooter, identified as 18-year-old Payton Gendron. In the manifesto , Gendron allegedly wrote about how he planned to "kill as many Blacks as possible" in the attack and decided to carry it out in New York due to its strict open carry gun laws, which would make it harder for someone to stop him, the Buffalo News reported. The Giffords Law Center states that New York State residents are prohibited from openly carrying a loaded handgun outside of their homes without a carry license. "The state also prohibits any person from possessing a 'loaded' short-barreled shotgun or rifle or an assault weapon outside of his or her home or place of business," the Giffords Law Center said. "New York does not issue licenses to carry … [Read more...] about Buffalo shooter saw New York’s gun laws as his advantage

The story so far: The central government recently revised rules governing the utilisation of funds under various central sector schemes (CCS), including the MP Local Area Development Scheme (MPLADS). According to the revised norms, interest accrued on the annual fund of Rs 5 crore allotted to each Member of Parliament for development works will have to be returned to the Centre. To put it in simple terms, MPs will no longer be able to use interest accrued on MPLADS funds for development works since the revised procedure requires these earnings to be compulsorily remitted to the Consolidated Fund of India (CFI). The MPLAD Scheme and how it works Fully funded by the Centre, the MPLAD scheme was launched in December 1993 by the then-Prime Minister P.V. Narasimha Rao to provide funds to MPs to facilitate developmental works in their constituencies. The scheme puts special focus on the development of areas with Scheduled Caste and Scheduled Tribe populations. MPs are to recommend … [Read more...] about Explained | The new rules for utilisation of funds under MPLADS

It seems Rakhi Sawant has found love after her divorce from her husband Ritesh, who had appeared with her for the first time in Salman Khan’s Bigg Boss 15. Rakhi attended an award ceremony recently, where during an interaction with the paparazzi, she had a video called her boyfriend Adil Khan Durrani. The video shows the actress talking to Adil on a video call and also giving him a flying kiss. Not just that, Rakhi had also uploaded a video on her official Instagram account where she and Adil made an appearance for the shutterbugs. When the paparazzi told her about the new season of Bigg Boss, she asked them whether they would love to see them together in the controversial reality show. Adil was also asked about Rakhi to which he said that she is a ‘very nice female.’ Adil had also gifted her a BMW which Rakhi shared earlier. Watch the videos: View this post on Instagram A post shared by Rakhi Sawant … [Read more...] about Rakhi Sawant Talks About Entering Bigg Boss 16 With New Boyfriend Adil Durrani, Here’s What We Know About Him

India on Monday 2,202 reported new Covid-19 infections, while the active cases dipped to 17,317, according to the Union Health Ministry data. It also reported 27 fresh deaths while the total active cases decreased by 375 in a span of 24 hours. While the current active cases comprised 0.04 per cent of the total infections, the national Covid recovery rate was recorded at 98.74 percent. The 27 new fatalities include 22 from Kerala, three from Delhi and one each from Maharashtra and Jammu and Kashmir. The daily positivity rate was recorded at 0.74 per cent and weekly positivity rate was recorded at 0.59 per cent, according to the health ministry. Meanwhile, Delhi on Sunday recorded 613 new Covid cases and three more deaths, while the positivity rate was 2.74 percent. The city had on Saturday recorded 673 new Covid cases and four deaths, the highest single-day fatality in over two months. The total number of people in the country who have recuperated from the disease surged to … [Read more...] about With 2,202 New Covid Infections, India Sees Slight Dip in Active Cases; 22 Fresh Deaths, Most from Kerala

Boy band Stray Kids [JYP ENTERTAINMENT] Boy band Stray Kids will drop its new EP “Circus” in Japan on June 22, according to JYP Entertainment on Monday. The EP will include songs “Circus,” “Fairytale” and “Your Eyes,” as well as Japanese versions of its recent Korean tracks “Maniac,” “Venom” and “Silent Cry.” Members Bang Chan, Changbin and Han, who also make up the boy band’s producing unit 3Racha, participated in writing the music and lyrics for “Circus.” Stray Kids’ previous Japanese single “Scars / Thunderous –Japanese ver.-” topped Japan’s local CD sales and streaming charts after it was released in October. Stray Kids debuted in 2018 and consists of members Bang Chan, Lee Know, Changbin, Hyunjin, Han, Felix, Seungmin and I.N. The band is known for hits such as “My Pace” (2018), “Miroh” (2019), “God's Menu” (2020) and “Back Door” (2020). Its most recent EP “Oddinary” (2022) released in March sold over 1 million copies. BY HALEY YANG [[email protected]] … [Read more...] about Stray Kids to drop new EP ‘Circus’ in Japan on June 22

Boy band Tomorrow X Together [BIG HIT MUSIC] Boy band Tomorrow X Together’s new EP “minisode 2: Thursday's Child” sold over 1.2 million copies in the first week of its release, according to Korea’s album sales tracker Hanteo Chart on Monday. This marks the boy band’s first million-seller and the eighth highest first-week sales by a K-pop artist. First-week CD sales, also known as chodong , is a major indicator of an artist’s popularity and fandom’s loyalty in the K-pop scene. “minisode 2: Thursday's Child” dropped on May 9 and sold 918,413 copies on the first day alone before passing the million mark on the second day. Only boy bands BTS, NCT Dream, Seventeen and trot singer Lim Young-woong have sold over a million copies in CD sales in the first week of a release. The EP recently topped the Worldwide iTunes Top Albums Chart as well as the iTunes charts in 43 regions. Tomorrow X Together debuted in March 2019 with its EP “The Dream Chapter: Star” and has five members: … [Read more...] about Tomorrow X Together’s new EP sells over 1.2 million copies

First-time buyers could be offered cheaper mortgages if they take out an insurance policy, under new plans to help get people with small deposits on the housing ladder faster. The insurance policy would protect banks if they defaulted and would therefore allow them to offer the buyer lower mortgage rates. Michael Gove , the housing secretary, is examining the Canada-style plans to make loans more available for those without big savings,. He raised concerns that restrictive mortgage financing is shutting a generation out of owning their own homes. Gove said that by looking at how other countries have allowed more families to get loans with small deposits , he will "fix our dysfunctional housing market". Banks are less likely to lend to people with small deposits because they are considered risky and are more at risk of defaulting. Gove said that "we need to make access to finance for ownership easier" for young people, pointing out that just a quarter of those aged 25 to … [Read more...] about New plan to help first-time buyers get cheaper mortgages unveiled – how it works