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Dalal Street hopes for abolition of Securities Transaction Tax

The biggest positive trigger for Dalal Street in the upcoming Union Budget 2022 could be any abolition of Securities Transaction Tax. The street will watch if the government is able to reverse the economic downturn caused by Covid-19 which has led to severe financial disruption at both industrial and individual levels. Jan 26, 2022
National Green Tribunal

NGT directs NOIDA authority to look into greenbelt encroachment

The National Green Tribunal (NGT) has directed the New Okhla Industrial Development Authority (NOIDA) authority to ensure further action on a plea alleging continuous encroachment of the green belt in Sector 48, NOIDA violating the earlier orders of the tribunal, in which it was directed to restore the green belt by removing of encroachments and illegal structures. Jan 25, 2022