National News:-
1.HAL handed over the first consignment of Dhruv helicopter to the Indian Army, this is the whole deal information. :-
HAL handed over three Dhruv helicopters to Indian Army on Friday. In August 2017, 40 helicopters were signed between Army and HAL. Under the agreement, 22 ALH Mk-3 and 18 MK Rudra Sramas are to be given. HAL said that 19 out of 22 helicopters are ready and they will soon be handed over to the army. These 5.5-ton advanced light helicopters are made by HAL. HAL claims that while this helicopter is perfectly suited for rapid deployment, the maximum area can be covered during operation. The company said that skid and wheeled two versions of basic helicopters have been made.
International News:-
2.New round of talks to conclude business agreement between US and China top executives begin in Washington:-
The next round of updated comprehensive trade talks between senior business executives of the United States and China have begun in Washington. Both the countries have decided to complete comprehensive negotiations till March 1st, so it is believed that this will be the last round of talks. China’s delegation is headed by deputy prime minister Liu, while US business representative Robert Lightheiser and Finance Minister Steven Nuchin preside over the talks on behalf of the United States.
During the two-day talks, China can announce the purchase of USA’s agricultural and energy products on a large scale. China will propose to buy US agricultural products like Soybean, Maize and Wheat for an additional thirty billion US dollars annually.
Business News:-
3.6 agreement between India and South Korea, enhancing cooperation in infra development and international crime:-
India and South Korea have signed six key agreements on Friday to increase cooperation in key areas. These include development of infrastructure, media, startups and border crossing and international crime fighting. Significantly, Prime Minister Narendra Modi has gone on a two-day visit to South Korea. strengthen the strategic relationship between the two countries.
After signing a constructive dialogue on enhancing bilateral cooperation in many areas such as trade, investment, defense and security between the two leaders, the MOU was signed. Foreign Ministry spokesman Ravi Kumar said that in the presence of both the leaders, 7 documents / signatures were changed between media, startups, police and other areas between India and South Korea. Although earlier it was said from the Ministry of External Affairs that a total of seven documents were signed and exchanged. But later it was said that six agreements were included in this.
4.How does the income tax get under section 80C of the Income Tax Act? :-
Employees can claim tax rebate of Rs 1.5 lakh in a financial year under Section 80C of the Income Tax Act. This deduction is also available to individuals or members of Hindu Undivided Families (HUF). In this, investments in life insurance policies, contributions made in provident fund and tax on investments made under ELSS or Equity-Linked Savings Scheme can be saved.
How do we get discounts under 80C?
- Under Section 80C of the Income Tax Act, a total deduction of 1.5 lakh rupees can be claimed with certain conditions.
- Section 80C allows taxpayers to save in the future. He can invest in savings schemes like senior citizens savings scheme, provident fund, Sukanya prosperity savings scheme, ULIP (Unit-linked insurance plan) and ELSS.
- With a five-year FD in PPF, NSC, ELSS, Bank and Post Office, you can get the benefit of tax deduction of around Rs 1,50,000 per year through school and tuition fees. This discount is available under Section 80C of Income Tax.
Discount in children’s fees: Tax exemption is available under section 80C of Income Tax Act 1961 on tuition fees. This amount can be included in the tax free investment amount of Rs. 1.5 lakhs. Tuition fees are reduced by yearly earnings, this reduces tax liability. For this, it is necessary to be a full-time institution of the education institution. It also includes play school, pre-nursery and nursery classes. This institution can be run with personal, government or government help.
Sports News:-
5.Women’s Cricket: India and England start the first match of the series of 3 one-day internationals:-
The first match of the series of three one-day internationals between India and England women’s cricket teams has started in Mumbai today.
