Tuesday, July 23, 2024
Sunday, July 7, 2024
Delhi experienced its cleanest air of the year with an Air Quality Index (AQI) of 56
— Selvaraj Venkatesan (@niftytelevision) July 8, 2024
Saturday, July 6, 2024
Rath Yatra, a Hindu festival celebrated in honor of Lord Jagannath
#RathYatra2024 pic.twitter.com/LdGEBMncvN
— Selvaraj Venkatesan (@niftytelevision) July 7, 2024
The posts commemorate the auspicious occasion of Rath Yatra, a Hindu festival celebrated in honor of Lord Jagannath, his brother Balabhadra, and sister Subhadra. This year's Rath Yatra is particularly significant as it is a two-day affair, a rare occurrence happening after 53 years. The festival involves a grand procession where the deities are taken out in chariots from the Jagannath Temple in Puri, Odisha, and are paraded through the streets. The event is marked by prayers, celebrations, and the pulling of the chariots by devotees, symbolizing a journey of faith and devotion. Various dignitaries, including the Governor of Bengal and political figures, have extended their wishes for peace, prosperity, and good health to all on this occasion. #RathYatra2024
Friday, July 5, 2024
Budget 2024: Why government should consider tax relief for salaried class Union Budget tax expectations
1. **Boosting Consumption and Economic Growth**: Tax relief for the salaried class can stimulate consumption by increasing their disposable income. This, in turn, can boost economic growth and help in the recovery of the economy post-pandemic.
2. **Addressing Inflation and Cost of Living**: With rising inflation and increasing cost of living, tax relief can help the salaried class cope with these economic challenges. It can provide them with more financial security and stability.
3. **Retaining Talent and Encouraging Skilled Workforce**: Tax relief can also help in retaining skilled professionals in the country. High tax rates may discourage professionals from working in India, leading to a 'brain drain'. Tax relief can make the country more attractive for skilled workers.
4. **Fairness and Equity**: The salaried class often feels that they are taxed more heavily compared to other sections of society. Tax relief can help in addressing this perception and ensuring a more equitable tax system.
5. **Supporting Middle Class Aspirations**: The salaried class is often seen as the backbone of the middle class, which is a key driver of economic growth. Tax relief can support their aspirations and help in creating a larger and more prosperous middle class.
6. **Encouraging Compliance**: Tax relief can also encourage tax compliance among the salaried class. It can reduce the incentive for tax evasion and increase the trust in the tax system.
7. **Political and Social Stability**: The salaried class is a significant voter base. Tax relief can help in maintaining their morale and support, which can contribute to political and social stability.
8. **Global Competitiveness**: Tax rates in India are often compared with those in other countries. Tax relief can help in making India more competitive globally, attracting more foreign investment and talent.
9. **Encouraging Savings and Investment**: Tax relief can also encourage the salaried class to save and invest more, which can contribute to the development of the country's financial markets and infrastructure.
10. **Supporting the Government's Development Agenda**: Tax relief for the salaried class can also support the government's development agenda by providing more resources for investment in infrastructure, education, healthcare, and other sectors.
