The big news: No tax on gold bought with disclosed or exempted income, and nine other top stories
In other headlines, An FIR was filed as Rahul Gandhi and INC’s Twitter accounts got hacked, and India said it would not accept cross-border attacks as 'normal'.
A look at the headlines right now:
- Gold or jewellery bought from disclosed or exempted income will not be taxed, says Centre: The exemption is applicable to inherited valuables as well, the Union Ministry of Finance said.
- Delhi Police files FIR after Congress and Rahul Gandhi’s Twitter accounts are hacked: A series of explicit tweets were posted from the party vice president’s verified profile on Wednesday night and again on Thursday morning.
- India refuses to accept cross-border terrorism as the ‘new normal’ with Pakistan, says MEA spokesperson: Government official Vikas Swarup accused Islamabad of fomenting terrorism.
- Cash worth Rs 5 crore in new notes, gold found during raids at two residences in Bengaluru: Officials said the accused are senior bureaucrats.
- US statement of Donald Trump’s conversation with Nawaz Sharif counters Pakistan’s version: ‘Pakistanis are one of the most intelligent people,’ the US president-elect had told the prime minister, according to the statement issued by Pak.
- Chennai receives heavy rainfall as cyclone Nada weakens into deep depression: It is likely to cross the Tamil Nadu coast on Friday morning, said Area Cyclone Warning Centre Director S Balachandran.
- Aadhaar number might eventually replace card transactions, says UIDAI: The new system will enable Android mobile phones users to digitally transact using their unique identification number and fingerprint/iris authentication.
- Buzz Aldrin, the second man to walk on the moon, evacuated from South Pole after taking ill: The 86-year-old was taken to the US’s McMurdo research centre in Antarctica, though his condition is now believed to be stable.
- Reliance Jio will offer free data, voice and video services till March 31, says Mukesh Ambani: While introducing other offers, the RIL chairman also accused leading telecom operators of ‘anti-competitive behaviour’.
- Delhi High Court stays ban on DCold, Vicks Action 500 and more than 300 other medicines: The government’s counsel said it would move a higher court, calling the drugs ‘therapeutically ineffective’