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1 min read

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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2 mins read

DPIIT recognises 1.40 lakh entities as startups as on June 30, 2024

Under Fund of Funds for startups, Rs 805.86 crore was invested in the startups by supported AIFs (A…

PTI   


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3 mins read

ICRA forecasts slowdown in India's economy: GDP growth expected to hit six-quarter low in Q1 FY2025

In a rather dampened forecast for the Indian economy, ICRA has forecast a sharp slowdown in India's…

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4 mins read

RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly

​MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…

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4 mins read

From cryptocurrencies to NFTs, India to tax all ‘virtual digital’ assets at 30%

India plans to tax cryptocurrency transactions at a rate of 30%. This is at par with the highest in…

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3 mins read

India’s definition of ‘virtual digital assets’ isn’t set in stone

The Indian government announced its plans to tax cryptocurrency transactions at a rate of 30% durin…

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2 mins read

Air India Express, AirAsia India focus on common check-in systems after unified reservations

Following the successful launch of their unified reservations system, Air India's subsidiary airlin…

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5 mins read

India’s crypto tax will either send traders underground or back to stock markets, say experts

India’s 30% crypto tax could push traders to find new and innovative ways to bypass paying the taxm…

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2 mins read

BBC India survey indicated tax evasion on remittances, discrepancies in transfer pricing: Govt

The Income Tax Department gathered several evidences pertaining to the BBC India's operation which …

ANI   


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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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India’s finance minister was asked these 10 questions and these were her answers

Finance Minister Nirmala Sitharaman proposed the union budget of 2022 on Tuesday, threw light on ne…

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3 mins read

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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2 mins read

Capex and incentives will lead capital goods sector surge by 9-11% in FY25: CRISIL Ratings

In an outlook for India's capital goods sector, leading manufacturers are poised for sustained doub…

ANI   


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2 mins read

Digital service tax explained: India backs out of equalisation levy after global tax agreement kicks in

The expanded equalisation levy became applicable from April last year to a range of digital se…

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2 mins read

India will launch a digital rupee in the next year and plans a 30% tax on crypto-related income, according to the finance minister

India's finance minister announced the creation of a digital rupee and a new crypto tax plan as the…

Adam Morgan McCarthy   


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2 mins read

SIMPLY PUT: There are messages hidden in the crypto tax

Tightening the noose around crypto can achieve one more thing ⁠— move more money…

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4 mins read

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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4 mins read

20% tax on foreign remittances make foreign investments unviable for retail investors

Budget announcement of 20% tax on foreign investments to make investments in the US markets less ap…

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7 mins read

Tech titans love Modi's economic powerhouse India — despite mass unemployment and abject poverty

India is on track to become the world's third-largest economy by 2027, but Narendra Modi faces a pi…

Theron Mohamed