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Abolition of angel tax a landmark reform benefiting India's startup ecosystem; will attract global investors: USISPF

The USISPF said this action creates parity between domestic and foreign players and will be an impo…

PTI   


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Decline in bank deposits because of non-uniform tax treatment on various investment options: SBI report

On the concern over the recent decline in bank deposits, the State Bank of India (SBI) in its lates…

ANI   


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As India’s income inequality worsens beyond British-era levels, majority want to tax the rich, study reveals

A study by the World Inequality Lab has shown that Indian billionaires already own a disproportiona…

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4 mins read

New govt to inherit strong economy, focus on making India developed nation by 2047

India's world record beating economic growth rate together with robust tax revenues, a fast expandi…

PTI   


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Economic Survey calls for urgent agricultural reforms; cites growth hurdles

The survey identified several key challenges, including balancing growth with food inflation manage…

PTI   


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Time to push divestment of state-owned banks, says SBI report

With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…

PTI   


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Coalition politics, weakened mandate could make passing legislations on ambitious reforms challenging: Fitch

As the NDA is all set to form the government, Fitch Ratings on Thursday said coalition politics and…

PTI   


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Bill to amend Central Goods and Services Tax Act introduced in Lok Sabha

A bill to align provisions of the Central Goods and Services Tax Act with the Tribunal Reforms Act …

ANI   


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No village in India left without access to electricity, claims FM Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman highlighted India's significant progress in electrificati…

ANI   


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Union Budget 2024-25 key highlights: Angel tax to be scraped

You can watch the presentation live on the official Youtube channels of the government. After her s…

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4 mins read

Budget size almost unchanged from interim, shows govt's commitment to fiscal prudence: Experts

According to the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman, the total e…

PTI   


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Blackstone to invest $2 bn every year in India; wants quicker M&A clearances

Global private equity major Blackstone Group is confident of investing USD 2 billion annually in In…

PTI   


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India budget expectations: Reform in ESOP taxes, allocations needed to address skill gaps

Over the next few years, the biggest challenge for companies in India will be not lack of capital, …

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India needs to create 148 million additional jobs by 2030 given population growth, says IMF DMD Gopinath

Given the scale of what is needed, it is going to require basic reforms including land reforms and …

PTI   


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India actively taking steps to become global manufacturing centre: Lazard report

It further noted that in his two terms in power, Prime Minister Narendra Modi has stabilised the ec…

ANI   


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RBI report flags large-scale variation in property tax collection across civic bodies

It may look surprising but it is a fact that the property tax revenue of the municipal bodies in De…

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US industry urges FM to rationalise, simplify direct and indirect taxes in India

"Reiterate India's commitment to the global tax deal," it said and urged the Union Finance M…

PTI   


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India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report

This fiscal boost comes as India reaches a historic financial milestone. The total market capitaliz…

ANI   


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Bolster manufacturing sector, consumption this budget: PHDCCI to FinMin

Finance Minister Nirmala Sitharaman initiated pre-budget consultations for Union Budget 2024 on 19t…

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India’s ‘Transparent Taxation’ charter — Highlights of Prime Minister Narendra Modi’s speech

“Every law, rule and regulation needs to be changed from being process and power centric approac…