Preeti Singh - The Purbottar

05 Jun

Centre May Scrap Capital Gains Tax on Govt Securities to Retain FPI Amid West Asia Crisis

Preeti SinghBusiness

Due to the crisis arising in Western Asia, the Central Government might take a major decision to prevent foreign capital from moving out of the Indian market. According to a source, if Foreign Portfolio Investors (FPI) invest in government securities or bonds, the government is planning to completely waive or withdraw the capital gains tax on the returns earned from them.On Wednesday, an ordinance was approved in the Union Cabinet meeting chaired by Prime Minister Narendra Modi to make necessary amendments to the income tax law. This conditional formal notification could be issued within this week itself.Currently, foreign investors holding…

02 Jun

Social Media Banned for Those Under 16 in Malaysia

Preeti SinghTechnology

Various countries around the world have been taking different measures to curb social media in order to control the calculation of global violence-ridden mindsets, criminal tendencies, indiscipline, and various misdeeds. This time, Malaysia has implemented a strict new law to control the use of social media.According to this law, no individual in the country under the age of 16 will be able to open accounts on Facebook, TikTok, Instagram, YouTube, etc. The number of social media platform users in Malaysia is currently around 80 lakh (8 million). Now, the Malaysian government will verify those accounts and take steps to cancel…

31 May

SLBC Assam organised outreach programme on Emergency Credit Line Guarantee Scheme

Preeti SinghAssam

The State Level Bankers’ Committee (SLBC), Assam organised an outreach programme on Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 at Assam Water Centre, Guwahati on Saturday with the objective of creating awareness among MSMEs, banks and other stakeholders regarding the scheme and its benefits.The programme aimed to create awareness among MSME entrepreneurs, bankers and other stakeholders regarding the scheme and its benefits. Addressing the gathering, Safal Tripathi, General Manager and Convenor, SLBC Assam, said that ECLGS 5.0 has been launched by the Government of India to provide additional liquidity support to eligible MSMEs facing financial stress and working capital constraints.…

29 May

Facebook, WhatsApp Will No Longer Remain Free

Preeti SinghBusiness

Free services will no longer be available on Instagram, Facebook, and WhatsApp. The parent company, Meta, had previously announced this on multiple occasions. Recently, Meta has taken the initiative to collect fees from users through new versions of the apps.Under the newly introduced WhatsApp Plus, Facebook Plus, and Instagram Plus, users will have to pay money. The monthly fee for Instagram Plus and Facebook Plus will be approximately ₹340, while for WhatsApp, users will have to pay ₹255 per month.As a result of this new system by Meta, apprehensions are also growing that services on the older versions of the…

28 May

Three killed in head-on collision between SUV and truck in North Guwahati

Preeti SinghAssam, North East

Three people were killed when their SUV collided head-on with a truck at Gauripur in North Guwahati on Thursday.Police said the truck was coming on the wrong side of the road when an SUV coming at a high speed collided head-on with the truck, turning the vehicle into a mangled heap of metal.The deceased have been identified as Ranjit Dey, Karuna Bezbaruah and Partha Pratim Barman. Sources said all three were residents of Maligaon.Police reached the spot soon after the incident and sent the bodies to Gauhati Medical College and Hospital for post-mortem examination.

28 May

Review Meet Held On OPERATIONALISATION Of Task Force On Job Creation In ASSAM GOVT DEPARTMENTS

Preeti SinghAssam

A detailed review meeting was held on the operationalisation of the chief secretary-led task force constituted for creation of two lakh government jobs in Assam over the next five years in line with the decision of the Assam Cabinet.The meeting, chaired by Assam chief secretary Ravi Kota, focused on the mapping of existing and anticipated vacancies across departments, field offices, autonomous bodies, colleges, universities, missions and societies.Key aspects discussed include assessment of year-wise retirement projections and grade-wise vacancies in field offices; identification of direct recruitment vacancies across departments; rationalisation and streamlining of recruitment processes to ensure transparency and timely appointments…

27 May

Scindia Rolls Out ₹236 Crore ‘Mission Queen Pineapple’ to Turn Tripura’s GI-Tagged Fruit into Global Brand

Preeti SinghTripura

Union Minister for Development of North Eastern Region Jyotiraditya M. Scindia and Tripura Chief Minister Prof. (Dr) Manik Saha on Friday jointly launched “Mission Queen Pineapple”, a ₹236 crore convergence-driven programme to boost cultivation, processing, and global marketing of Tripura’s GI-tagged Queen Pineapple. The three-year mission will run from Q2 FY2026 to Q4 FY2028 and aims to build a complete value chain around the state’s unique fruit. Anchored by MDoNER, the initiative brings together schemes and support from the Ministries of Agriculture & Farmers Welfare, Food Processing Industries, Commerce, MSME, APEDA, DPIIT, ICAR, CSIR, TRIFED, NERAMAC, and the Tripura government.…

24 May

Bonus Issues in Focus: LIC and PAE Limited Reward Shareholders with Free Shares to Boost Liquidity and Signal Financial Strength

Preeti SinghBusiness

Bonus shares and stock splits are key corporate actions companies use to reward existing investors and make their stock more accessible in the market. Bonus shares are additional equity shares issued free of cost to current shareholders, funded from a company’s accumulated reserves and surplus. While they increase the total number of shares held by an investor, the overall value of the holding remains unchanged immediately after the issue. Such moves are often seen as a sign of a company’s robust financial health and are aimed at reinforcing shareholder confidence.Stock splits work similarly in principle. In a split, the face…

22 May

Rs 376-Crore Flyover Named After Syama Prasad Mookerjee Inaugurated in Guwahati to Ease Lalganesh Traffic

Preeti SinghAssam

Chief Minister Himanta Biswa Sarma on Friday dedicated a new flyover to the public in a move aimed at easing traffic congestion in one of Guwahati’s most densely populated stretches. The flyover, named after Bharatiya Jana Sangh founder Dr Syama Prasad Mookerjee, connects Cycle Factory junction to Lal Ganesh Bazar. Speaking at the inauguration, the Chief Minister said the structure would significantly cut travel time from Pragjyotishpur Medical College to NH-27 and help decongest the Lalganesh area, which sees heavy vehicular movement daily. Constructed at a cost of over Rs 376 crore, the 2.8-km-long, three-lane flyover was completed in 26…

22 May

Nagaon to Host 3rd All Assam Yonex-Sunrise Badminton Ranking Tournament with 500+ Young Players from U-9 to U-19

Preeti SinghAssam, Sports

Nagaon is set to become the hub of junior badminton in Assam as the 3rd All Assam Yonex-Sunrise and Haripada Kumar Memorial Badminton Ranking Tournament gets underway tomorrow at the Indoor Stadium. Organized by the Assam Badminton Association under the initiative of the Nagaon Sports Association, the five-day event will run from May 23 to May 27. The tournament is dedicated to the memory of Haripada Kumar and carries ranking points crucial for state-level players. The competition will see participation from more than 500 young shuttlers representing 16 districts across Assam. Matches will be held across multiple age groups for…