[wanabidii] Top Headlines: Nothing illegal in tax exemption for political parties: Supreme Court

Daily Newsletter | Thursday, January 12, 2017 TOP HEADLINES MORE » Nothing illegal in tax exemption for political parties: Supreme Court Political parties will continue to enjoy income tax exemption for the funds they collect as the Supreme Court ruled on Wednesday that there is no illegality in the exception made to keep parties out of the tax net. Watch Sultan only on Prime Video Watch latest & exclusive movies & TV shows in high quality with low data usage-Start your free trial Recommended by Colombia Why give him gun if he’s unstable: BSF jawan’s wife Wife of the BSF jawan whose video about inferior food served to paramilitary personnel hit headlines spoke out in defence of her husband. “If my husband was mentally unstable or indisciplined, why was he given a rifle by the BSF to guard the country’s border in crucial areas, " she asked. 'Rs 2k notes being pushed into human trafficking' A day after demonetisation, Nobel Laureate Kailash Satyarthi had said that banning high value currency notes would curb child trafficking. But 2 months later, he expressed disappointment saying, “I’d expected black money-driven human trafficking would be crippled completely following demonetisation. CITIES MORE » Planning for your child's education? Make sure money isn't an obstacle in your kid's bright career prospects! Recommended by Colombia TECH MORE » Paytm app updated with new features Digital payment platform Paytm has updated its mobile app with some new features. Lenovo P2 smartphone with 5,100 mAh battery launched, price starts at Rs 16,999 Chinese smartphone maker Lenovo has launched its P2 smartphone in India. The company has launched two variants of the smartphone. The 3GB RAM variant is priced at Rs 16,999, while the 4GB RAM version comes with a price tag of Rs 17,999. The smartphon... 3 top executives leave a day after Flipkart gets new CEO A day after top level restructuring at India's largest online retailer Flipkart, three top level executives are leaving the Bengaluru-based company as new CEO Kalyan Krishnamurthy starts building his team of top executives primarily consisting of com... SPORTS MORE » Captaining in all three formats surreal: Virat Kohli Virat Kohli, who was leading the Indian Test side, was appointed as the ODI and Twenty20 skipper last week, after country's most successful captain Mahendra Singh Dhoni stepped down from the position. Dhoni still holds the key in terms of communication: Ashwin India's premier spinner R Ashwin says Mahendra Singh Dhoni still holds the key for Indian cricket team in terms of communication and he is looking forward to adjust to Virat Kohli's aggressive style of leadership. Manchester City charged over anti-doping procedures Manchester City have been charged by the Football Association over anti-doping procedures, the governing body announced on Wednesday. "City have until 19 January 2017 to respond to the charge." BUSINESS MORE » Tough times ahead for IT in 2017: Analysts Wall Street analyst Trip Chowdhry last week said the IT services sector will be a dead sector in 2017 in terms of share price movement. He said company share prices will move either sideways or down. Upward movement is “impossible”, he said, naming in particular Infosys, Wipro, Cognizant & Accenture Don’t fritter away macro gains via giveaways: Urjit Patel Even as the government prepares for its annual budget which is three weeks away, RBI governor Urjit Patel has warned against squandering macroeconomic stability gains through giveaways and said that high government debt was hurting India’s ratings. Sebi targets 32,000 penny stock players Sebi has identified about 32,000 entities that were involved in manipulating penny stocks for long-term capital gains, against which it is proposing action by the income tax department. The market regulator’s board is expected to discuss this and recommend appropriate steps on Jan 14, sources said. ENTERTAINMENT MORE » ‘Dangal’ box-office collection Day 19: Aamir Khan film crosses 350 cr mark Aamir Khan is known for creating records at the ticket window and he has done it yet again. ‘The Ghazi Attack’ trailer: Rana Daggubati starrer promises to be a high octane thriller The high octane trailer will leave you on the edge of the seat wanting for more. Rapper Badshah becomes proud father to a baby girl Singer Badshah, who has given us chartbusters like ‘Kala Chashma’ and ‘The Humma Song’, has been blessed with a baby girl. Both the baby and mother Jasmine are doing fine. Other Newsletters from TOI: Breaking News | Digest | Tech | Entertainment | Movie Reviews | Life & Style Unsubscribe | To manage your newsletter subscription settings, click here. Copyright 2017 Bennett Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service