400 schools, colleges, universities destroyed by Israel in Gaza in 100 days; 4,368 students killed

News Network
January 19, 2024

gazachildren.jpg

The Palestinian resistance movement Hamas announced the destruction of nearly 400 schools, universities, and educational institutions in over 100 days of brutal bombardment of the besieged strip by the Israeli regime.

In a press note issued on Thursday, the resistance movement said, “More than 390 schools, universities, and educational institutions have been destroyed in 100 days, the most recent of which was the bombing of Al-Isra University and the re-bombing of the Islamic University today.”

Hamas said that the destruction of school and university buildings in the Gaza Strip “is a war crime and criminal behavior aimed at destroying all components of human life...”  The resistance group stated that Israel is deliberately targeting the education system to erode the national identity of Palestinians.

Calling on the United Nations and other human rights organizations to document and prosecute the regime for its crimes, Hamas said, “We affirm that our people, through their steadfastness, sacrifices, and resistance, will thwart these despicable plans to undermine the educational system and obliterate the deep-rooted national identity of our Palestinian people.”

Gaza’s Ministry of Education announced on Tuesday that 4,368 students have been killed while almost 8000 have been injured since the start of Israeli aggression on the Gaza Strip on October 7.

The number of teachers killed is 231 teachers with 756 injured.

Israel’s relentless bombardment has also targeted 65 schools affiliated with the United Nations Relief and Works Agency for Refugees (UNRWA).

As per the figures given by the Palestinian Health Ministry on Wednesday, the death toll from Israeli attacks on the Gaza Strip has surged to 24,448. 

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
February 1,2025

The Union Budget 2025 has brought significant revisions to the income tax structure, aiming to address long-standing demands of middle-class taxpayers, particularly salaried individuals. The newly proposed tax slabs and rebate enhancements are expected to provide substantial relief, making taxation more streamlined and beneficial for the majority.

REVISED INCOME TAX SLABS

The proposed tax slabs under the new regime are as follows:
•    Income up to Rs 4 lakh – Nil
•    Rs 4-8 lakh – 5%
•    Rs 8-12 lakh – 10%
•    Rs 12-16 lakh – 15%
•    Rs 16-20 lakh – 20%
•    Rs 20-24 lakh – 25%
•    Above Rs 24 lakh – 30% (plus applicable cess and surcharge)

Currently, the tax slabs under the new regime are:
•    Income up to Rs 3 lakh – Nil
•    Rs 3-7 lakh – 5%
•    Rs 7-10 lakh – 10%
•    Rs 10-12 lakh – 15%
•    Rs 12-15 lakh – 20%
•    Above Rs 15 lakh – 30%

ENHANCED REBATE UNDER SECTION 87A

The budget proposes an increase in the income cap for availing the rebate under Section 87A from Rs 7 lakh to Rs 12 lakh, while the rebate amount will rise from Rs 25,000 to Rs 60,000. This effectively means that individuals earning up to Rs 12 lakh annually (or Rs 1 lakh per month) will not have to pay any income tax under the new regime, excluding special rate income such as capital gains.

Additionally, salaried taxpayers can benefit from the standard deduction of Rs 75,000, pushing the tax-free income threshold to Rs 12.75 lakh.

Recent data suggests that 78% of taxpayers have already transitioned to the new tax regime. With these latest reforms, the government anticipates an even greater shift towards the default new regime.

TDS AND TCS RATE RATIONALISATION

The government has proposed selective rationalisation of Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) rates, which include:

•    Senior Citizens’ Interest Income – The tax deduction threshold will be increased from Rs 50,000 to Rs 1 lakh.

•    TDS on Rent – The annual exemption cap will rise from Rs 2.40 lakh to Rs 6 lakh.

•    TCS on Foreign Remittances – The threshold cap will increase from Rs 7 lakh to Rs 10 lakh.

Additionally, the higher 20% TDS deduction will now apply only in cases where the PAN is inoperative, ensuring that compliant taxpayers do not face undue deductions. These adjustments are expected to ease compliance burdens for taxpayers.

UPDATED TAX RETURN FILING WINDOW EXTENDED TO 4 YEARS

Currently, taxpayers can file an updated return within 24 months from the end of the relevant assessment year, provided it results in additional tax payments. The new proposal extends this window to 48 months, offering taxpayers more flexibility to rectify their tax filings and remain compliant.

The Union Budget 2025’s tax reforms reflect a concerted effort to reduce the financial strain on taxpayers while simplifying the taxation process. These changes mark a significant shift in the government's approach to personal taxation, with a clear emphasis on inclusivity and fairness.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
coastaldigest.com news network
February 12,2025

Mangaluru: Dakshina Kannada MP Captain Brijesh Chowta has urged Chief Minister Siddaramaiah to prioritize increased investments in Mangaluru during the upcoming Global Investors Meet for Coastal Karnataka. He emphasized the region’s immense potential for sustainable industrial growth.

Coastal Karnataka’s Strengths

The MP highlighted Coastal Karnataka’s skilled workforce, premier educational institutions, and strong entrepreneurial ecosystem, making it an ideal destination for industrial expansion.

With its strategic location, excellent port connectivity, and robust infrastructure, the region is particularly suited for industries in R&D, Global Capability Centers (GCCs) - IT and ITES, fintech, renewable energy, marine biotechnology, tourism, and food processing.

Challenges Hindering Growth

Despite these advantages, the MP acknowledged challenges such as youth unemployment, migration of skilled talent, and a lack of large-scale industrial investments. He urged the government to take concrete steps to address these issues.

Proposed Investment Initiatives

To harness the untapped potential of Coastal Karnataka, he requested the CM’s support in:

•    Establishing an IT and startup hub to leverage the region’s large talent pool, boost entrepreneurship, and curb brain drain.

•    Facilitating investments in GCCs and R&D centers, capitalizing on the region’s skilled workforce.

•    Setting up a technological innovation park in Mangaluru to attract investors and institutions.

•    Enhancing New Mangalore Port and developing an integrated coastal economic zone to encourage global trade and manufacturing.

•    Supporting sustainable fisheries, marine research, and ocean-based industries.

•    Encouraging investments in eco-tourism, wellness retreats, and adventure tourism to drive economic growth.

The MP stressed that proactive government intervention in these sectors would significantly boost the region’s economy, attract industries, and create employment opportunities. The proposal is now under consideration.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
February 2,2025

indianwomenchamps.jpg

Opener Gongadi Trisha scored 44 as India defeated South Africa by nine wickets in the final match of the Women's U19 T20 World Cup in Kuala Lumpur on Sunday.

Chasing only 83 runs, India did not face much difficulty as they lost just one wicket and went across the line in just 11.2 overs.

Earlier, contributions from the entire bowling unit helped India bundled out South Africa for 82 in 20 overs in the final of Women's U19 T20 World Cup on Sunday in Kuala Lumpur.

Asked to bowl first, India made immediate impact with back-to-back wickets. With this, India lifted their second consecutive U19 Women's World Cup title.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.