Finance Minister Nirmala Sitharaman

Comprehensive review of Income Tax Act announced in Union Budget

Finance Minister Nirmala Sitharaman announced a comprehensive review of the Income Tax Act, 1961 to simplify the tax regime. The tax regime for charities, TDS rate structure, and capital gains taxation are also being simplified. The government's efforts to simplify taxes are part of a broader effort to improve taxpayer services and reduce litigation. The government also announced measures to make life and health insurance plans more affordable. Jul 23, 2024
WPI inflation remains benign, food prices to rationalise in next 2-3 months: Experts

WPI Inflation Trends: Food Prices Yet to Stabilize

The economic landscape of India is witnessing a slight surge in the annual rate of Wholesale Price Index (WPI) inflation, which has edged up to 3.36% in June 2024, a minor increase compared to the same month of the previous year. This data, released by the Commerce Ministry, has been the subject of analysis by industry experts. Jul 15, 2024
Amarnath

Amarnath Yatra Pilgrims to Enjoy Improved Telecom Connectivity Along Yatra Routes

The Department of Telecommunications (DoT) announced a significant upgrade in the telecom infrastructure on July 8, 2024, aimed at ensuring seamless mobile connectivity for pilgrims participating in the Amarnath Yatra. This initiative is a collaborative effort with major telecom service providers (TSPs) including Airtel, BSNL, and Reliance Jio. The upgrade is designed to provide continuous coverage along the Yatra routes. Jul 8, 2024
Falguni Nayar | CEO Nykaa

Nykaa's Falguni Nayar Featured in IBT's Top CEO Awards 2024

In the vibrant world of beauty and cosmetics, Falguni Nayar has emerged as a pioneering force, revolutionizing how Indians shop for beauty products through her visionary leadership at Nykaa. As the CEO and founder, Nayar has not only transformed Nykaa into a leading beauty e-commerce platform but also set new standards for entrepreneurship and female leadership in India. Jul 7, 2024