Lakshmi Vilas Bank has been put under moratorium by the RBI for 30 days, effective from 6:00 pm on November 17 till December 16. If you played poker or rummy on Diwali or are a Dream11 team player you must know the money you win is not entirely yours and the prize money, similar to income from other sources, will attract taxes just like your primary income. During Wednesday's session, Sensex and Nifty touched their lifetime highs of 44,215 and 12,948, respectively. Read for more top stories from the world of business and economy:
Pfizer says Phase 3 study of their COVID-19 vaccine candidate met "all primary efficacy endpoints". During its early analysis, vaccine had shown 90 per cent efficacy but final analysis involving 170 confirmed cases of COVID-19 showed 95 per cent efficacy.
LVB is a small bank and its failure won't significantly impact the banking sector, but it's the loss of confidence and trust in banking system that has escalated with this crisis.
If you are a Dream11 team player you must know the money you win is not entirely yours. The prize money is your income from other sources that will attract taxes just like your primary income. Prize money in Kaun Banega Crorepati is also taxed.
During the session, Sensex and Nifty touched their lifetime highs of 44,215 and 12,948, respectively.
Narayana Murthy appealed to companies who can afford to bear the cost to give the vaccines for free. He also said that UN Security Council members should share a major part of this cos.
Copyright©2021 Living Media India Limited. For reprint rights: Syndications Today