Free Press Journal
  • Tax Burden

    Budget 2015: Service Tax to hurt middle-class

    New Delhi: Finance minister Arun Jaitley has proposed to hike service tax rate to 14 percent from 12.36 percent to be effective by April 1, 2015. All consumers will be affected because they are the final users of many services like cable, restaurant, mediclaim premium, vehicle premium, courier, consultancy, and many more. Sops have been introduced for hybrid and electric cars, while high-end imported luxury cars will attract higher custom duties. Increase in number

  • N Srinivasan

    Suspense on Presidential candidates ahead of BCCI AGM

    Chennai: With just two days to go for the Cricket Board’s much-awaited Annual General Meeting, both N Srinivasan and his rival faction are keeping their cards close to the chest as the suspense mounts on who will be the next President of the cash-rich body.  With Srinivasan not contesting the much-postponed elections, he is now busy trying to find a suitable candidate who will be acceptable to all his loyalists, many of whom are exploring

  • ABCD set, fire

    Fire on ‘ABCD 2’ set

    Mumbai: A fire broke out on the sets of Varun Dhawan and Shraddha Kapoor starrer upcoming film ‘ABCD 2’. The crew was apparently shooting for a dance sequence in the Filmcity when the incident happened. Varun said 600 people were evacuated without any casualty. “There was a fire and our set got burnt down. We safely evacuated 600 people and we will be back to work tomorrow. We won’t stop dancing. #abcd2,” the 27-year-old ‘Badlapur’ actor tweeted.

  • Wealth tax abolished; extra 2 pc surcharge on super rich

    New Delhi: Asking rich and wealthy to pay higher tax, Finance Minister Arun Jaitley today abolished the wealth tax but increased the surcharge to 12 per cent on individuals earning Rs 1 crore and above annually and on firms with an annual income of Rs 10 crore or more.

  • Leonardo DiCaprio

    DiCaprio to play guy with 24 personalities

    Los Angeles: Leonardo DiCaprio will play Billy Milligan, who had 24 personalities, in his next film ‘The Crowded Room’. The film will be adapted from the non-fiction book about Milligan, who was the first person to successfully use multiple personality disorder as a defense in a court of law, said The Hollywood Reporter. DiCaprio, 40, has been interested in playing him stretching back to 1997. Published in 1981, Keyes’ book chronicles Milligan’s story, including his court trial in the late

  • FICCI chief says Jaitley’s budget will be visionary in content

    New Delhi: The president of the Federation of Indian Chambers of Commerce and Industry (FICCI),  Jyotsna Suri, said on Saturday that she was looking forward to the presentation of the general budget for fiscal 2015-16 with a lot of hope and expectation, and added that she expected it to be visionary in nature and content.

  • Jaitley proposes gold bonds, monetisation schemes

    New Delhi: Finance Minister Arun Jaitley Saturday proposed steps to monetise the yellow metal by introducing a gold bond and a monetisation scheme besides announcing his plans to make indigenous gold coins. He said it while sharing with the Lok Sabha during budget presentation that an estimated 20,000 tonne of gold stocks in India are neither traded or monetised.

  • Martin Crowe

    Crowe inducted into ICC Hall of Fame

    Auckland : Martin Crowe, former New Zealand captain and player of the 1992 cricket World Cup, was Saturday inducted into the ICC Hall of Fame.  Crowe became the third New Zealander, after Richard Hadlee and Debbie Hockley, and 79th overall to be inducted into the Hall of Fame, when he received his commemorative cap from International Cricket Council (ICC) director Wally Edwards.  The induction ceremony was held during the innings break of

  • Budget 2015: Jaitley to introduce new law to track black money

    New Delhi: Finance Minister Arun Jaitley said the government was committed to tracing black money stashed abroad and a comprehensive new law will be framed to track it. “On black money, a new structure including e-filing and tracking down is our abiding commitment,” Jaitley said in his budget speech.

  • Budget 2015: Rs 1,000 cr fund for tech start ups, entrepreneurs

    New Delhi: Finance Minister Arun Jaitley announced Rs 1,000 crore for promotion of start ups and entrepreneurs particularly in the technology sector.”We are now seeing a growing interest in start ups. Experimenting in cutting edge technologies, creating value out of ideas, initiatives and creating them into scalable enterprises and businesses is at the core of our strategies,” he said while presenting the Budget for 2015-16 in the Lok Sabha. The minister added

  • Earl Lloyd

    First black player of NBA dies

    Washington: Earl Lloyd, the first African-American hoopster to play in the NBA, has died at the age 86. Floyd, who died late Thursday, began his career with Washington Capitols in 1950 after which he helped Syracuse Nationals win the 1955 NBA title. He finished his nine-season playing career with Detroit Pistons and averaged 8.4 points and 6.4 rebounds during his career, reports Xinhua.  Lloyd went on to become one of NBA’s first African-American

  • Postal Dept to use its vast network for proposed Payment Bank

    New Delhi: Finance Minister Arun Jaitley said the Postal Department will utilise the services of its vast network for the proposed Payment Bank. “Government proposes to utilise vast postal network with nearly 1.55 lakh points of presence across villages of the country.

  • Budget 2015: Jaitley calls for increasing agricultural productivity

    New Delhi: Finance Minister Arun Jaitley said agricultural productivity should increase for the welfare of the people residing in the rural areas, and added that the government is committed to increasing the area of irrigation for the same. He also stressed on the need to increase investment in the building of infrastructure and on improving medical services.

  • HC helps young couple get married

    Kochi: Kerala High Court has lent a helping hand to a young couple from different faiths, who were facing death threats from fundamentalists, to enter wedlock. The Hindu woman and her Muslim lover were forced to flee Kasaragod, the northernmost district of Kerala, after they received death threats following their decision to get married. The matter came up before the Kerala High Court after the girl’s father K M Shashindran filed a habeas corpus petition stating

  • BUDGET 2015: Agency to fund SC/ST entrepreneurs

    New Delhi: BUDGET 2015The government will a create a refinance agency, Mudra Bank, with an initial corpus of Rs 20,000 crore to provide credit facilities to SC/ST businesses, Finance Minister Arun Jaitley. “I propose to create a micro units development refinance agency, Mudra Bank with a corpus of Rs 20,000 crore and credit guarantee corpus of Rs 3,000 crore,” he said. “The bank will refinance institution through a Pradhan Mantri Mudra Yojana.

  • Narendra Modi

    Government committed to encourage research: PM

    New Delhi: On National Science Day, Prime Minister Narendra Modi today paid tributes to the scientists and said the government is committed to  encouraging research and innovation in the field. National Science Day is an occasion to remember the dedication, determination and untiring efforts of our scientists. They are India’s pride,” he said in a statement. “On National Science Day we salute the brilliance & long-lasting contribution of Sir CV Raman to the field of science,” he said. He underlined

  • MNREGA allocation rises to Rs.5,000 crore

    New Delhi: The government will enhance the allocation to the Mahatma Gandhi National Rural Employment Guarantee (MNREGA) scheme by Rs.5,000 crore, Finance Minister Arun Jaitley said. “The government will enhance the allocation to MNREGA by Rs.5,000 crore,” he said in his budget speech in parliament. The MNREGA scheme, started by the previous Congress-led government, is a social security measure that seeks to guarantee right to work in rural areas.

  • David Dhawan, Varun Dhawan

    I am one of the happiest fathers: David Dhawan

    Mumbai: Varun has made his father and director David Dhawan proud who says that he is “over the moon” after the success of his son’s film “Badlapur”. For David, success of “Badlapur” is special as it has given a new identity to his son Varun”.  “Today is a great day for me. I have seen so much of success till now but this success is at par and special for me,” Dhawan,