The round table was moderated by Mr. Ignace L Hindrick and saw participation of Dr. Atish Chattopadhyay, Mr. Rajesh Srivastava and Mr. Rajeev Dhawan.
Focused on sustainability and advancing global partnerships, the dialogue underscored the importance of developing leaders.
STORY | IndiGo appoints William Walsh as new CEO
The country's largest airline IndiGo on Tuesday announced the appointment of former British Airways chief William Walsh as new CEO.
Walsh, an airline industry veteran, is currently the Director General of the International Air Transport Association (IATA).
Announcing the appointment of Walsh as the CEO, subject to regulatory approvals, IndiGo, in a release, said his tenure at IATA comes to a close on July 31 and he is expected to join no later than August 3.
The announcement comes less than three weeks after the sudden exit of IndiGo CEO Pieter Elbers.
Walsh, popularly known as Willie, was formerly CEO of British Airways and IAG (International Airlines Group, a holding company, which owns Aer Lingus, British Airways, Iberia, Level and Vueling).
READ: https://t.co/53i5VwrWNp
No high hopes from the budget this time
There is very little fiscal room in the budget for any tax tweaks or any major change in tax regime
some minor changes like higher home loan deductions, changes in HRA rules, and possible relief in the 30 percent tax slab is the ask but even that seems tough
just policy continuation on infra and manufacturing and fiscal consolidation likely to continue
Some expectations from middle and salaried class
- tax deduction limit on home loan interest under Section 24(b) could be increased from the current Rs 2 lakh to Rs 3 lakh.
- Change in HRA rules . Salaried employees are also expecting changes in House Rent Allowance rules.
Currently, people living in metro cities get tax exemption on HRA up to 50% of their basic salary, while those in non-metro cities get 40 percent.
- Focus on the 30% tax slab
The biggest demand from the middle class is related to the 30% tax slab.
Currently, anyone earning above Rs 24 lakh annually enters the 30% tax bracket.
There is a strong demand to raise this threshold to ₹40 lakh or even Rs 50 lakh, which would increase take-home income and boost spending.
@IndiGo6E has a habit of starting the boarding process even when they now aircraft can't depart due to low visibility at destination. 6E7442. Or is there another reason for the delay Nal being a military airport? #waiting
Het vrijhandelsakkoord tussen de EU en India is een belangrijke stap om Europa competitiever te maken en nieuwe allianties te smeden. Samen vormen we een vrije markt van 2 miljard mensen. India is nog vaak een gesloten markt, maar het potentieel is enorm. Voor Vlaanderen is India namelijk nu al onze 17de exportmarkt.
Tijdens mijn economische missie zag ik hoe sterk de banden met Vlaanderen al zijn en welke investeringskansen er liggen. In woelige geopolitieke tijden is dit uitstekend nieuws, ook voor onze chemische en farmaceutische industrie.
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#hdfcbank , with a brand value of $44.9 billion, has surged past IT consulting giant #TCS to reclaim its position as the country’s most valued brand.
@aksharatweets
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