India Reduced Windfall Tax on Crude Oil to Rs 1,850 per tonne
On Friday (August 30), the central government decreased the windfall tax on domestically extracted crude oil to Rs 1,850 from Rs 2,100 per tonne. This...
Category : ECONOMY
PM Modi Announces Angel Tax Removal, New Measures to Boost Fintech Sector
On Friday, Prime Minister Narendra Modi announced that the government is making policy changes, including the elimination of Angel Tax, to support the growth of...
Government Permitted Sugarcane Juice and Syrup for Ethanol Production in 2024-2025
On Thursday, August 29, the Indian government allowed sugarcane juice and sugar syrup for ethanol production in the 2024-2025 ethanol supply year (ESY), reversing the...
Cabinet Approves Creation of 12 New Industrial Areas
The Union Cabinet has approved the creation of 12 new industrial areas across the country to boost domestic manufacturing and also attract foreign direct investment...
GST Council’s Meet on September 9, to Discuss Tax Rate Rationalisation
The GST Council is scheduled to assemble on September 9, 2024, to address important matters, including the potential streamlining of tax rates. The discussion at...
FPIs Infused over Rs 1 Lakh Crore in Indian Debt Market in 2024: NSDL data
In 2024, foreign portfolio investors (FPI) have invested more than Rs 1 lakh crore in the Indian debt market since the country was included in...
RBI Plans To Launch ‘Unified Lending Interface’ Technology Platform
RBI Governor Shaktikanta Das introduces ULI and describes it as a groundbreaking advancement in the lending sector, forming a new trinity with JAM and UPI....
India-Africa Trade to Double by 2030
India aims to double its trade with Africa by 2030, focusing on economic integration, as discussed at the India-Africa Business Conclave organised by the Confederation...
India Anticipated to be USD 55 Trillion Economy by 2047: IMF official
Krishnamurthy V Subramanian, executive director of the International Monetary Fund (IMF), stated at a Business Today event on Tuesday that if the Indian economy can...
Indian Govt Bond Yields Steady on RBI Warning of Cautious Policy on Inflation
Indian government bond yields are anticipated to experience minimal changes at the start of the day on Tuesday, August 20, 2024. This cautious outlook comes...