Search Results for: Ministry of Commerce

Angel Tax Abolished in Budget 2024: Major Boost for Indian Startups [Here's How]

The Indian government has abolished the controversial angel tax on startups, a move hailed as a major relief for the startup ecosystem.The abolition is expected to benefit over 80,000 startups registered with the Department for Promotion of Industry and Internal Trade (DPIIT).

Jul 23, 2024

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

Indian real estate registers $2.5 bn in investments in Q2

Union Budget: Centre to assign ULPIN to all land in rural areas, realtors upbeat

Finance Minister Nirmala Sitharaman on Tuesday, while presenting the Union Budget in Parliament, announced a slew of land-related reforms and action proposals, including assigning Unique Land Parcel Identification Number (ULPIN) to all land in rural areas.

Jul 23, 2024

Union Budget: Markets bet big on defence, capital goods, electronics manufacturing, tourism

Budget 24-25: FM all set to present her 7th Budget with major reforms

The Union Budget is unlikely to leave any subject that was not under focus during the recent elections

Jul 23, 2024

India made significant progress on climate action: Economic Survey

Recognising its position as one of the most climate-vulnerable countries, India has made significant progress on environmental protection, according to the Economic Survey 2023-24.

Jul 22, 2024

No special status to Bihar, reiterates Centre in Lok Sabha; RJD takes 'toy' jibe

The Centre on Monday ruled out special status to Bihar, a long-standing demand by the state-based parties including BJP's key ally JD (U). The rejection of special status resulted in pointed jibes from Lalu Yadav's Rashtriya Janata Dal (RJD) which also demanded the resignation of Bihar Chief Minister Nitish Kumar.

Jul 22, 2024

Economic Survey 2023-24: Economy continues to expand, inflation largely under control

The Centre on Monday tabled the Economic Survey 2023-2024 in the Lok Sabha. The survey presented by Finance Minister Nirmala Sitharaman and prepared by the Economic Division under the Ministry of Finance provides a detailed analysis of the economic performance for the fiscal year 2023-24.

Jul 22, 2024

India's inflation rate 5.6% higher than most other nations: Bank of Baroda

Retail inflation at 5.4 pc in FY24, lowest since pandemic: Economic Survey 2023-24

Timely policy interventions by the government and the Reserve Bank of India's (RBI) price stability measures helped retail inflation stand at 5.4 per cent -- the lowest since the pandemic

Jul 22, 2024

Over 34.7 cr Ayushman Bharat cards generated: Economic Survey

Ayushman Bharat cards cross 34.7 crore; leads nation's healthcare tranformation

In a significant stride towards universal healthcare, India's Finance Minister Nirmala Sitharaman announced that over 34.7 crore Ayushman Bharat cards have been generated. This announcement was made during the tabling of the Economic Survey document in Parliament, a day before the Union Budget announcement.

Jul 22, 2024

Centre convenes all-party meet today ahead of Budget Session

The Centre has convened an all-party meeting on Sunday ahead of the Budget Session of Parliament. The Budget Session will commence on Monday (July 22) and will conclude on August 12. Finance Minister Nirmala Sitharaman will present the Union budget in Parliament on July 23.

Jul 22, 2024

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Search Results for: Ministry of Commerce

Angel Tax Abolished in Budget 2024: Major Boost for Indian Startups [Here's How]

Comprehensive review of Income Tax Act announced in Union Budget

Union Budget: Centre to assign ULPIN to all land in rural areas, realtors upbeat

Budget 24-25: FM all set to present her 7th Budget with major reforms

India made significant progress on climate action: Economic Survey

No special status to Bihar, reiterates Centre in Lok Sabha; RJD takes 'toy' jibe

Economic Survey 2023-24: Economy continues to expand, inflation largely under control

Retail inflation at 5.4 pc in FY24, lowest since pandemic: Economic Survey 2023-24

Ayushman Bharat cards cross 34.7 crore; leads nation's healthcare tranformation

Centre convenes all-party meet today ahead of Budget Session

14-year-old Nipah virus patient dies in Kerala, Centre issues advisory

Will the Budget 2024-25 Address the Challenges Indian Economy Faces?

Centre to sign over 70 MoUs with startups to empower the disabled

Union government urged to evacuate Kashmiri students from violence-hit Bangladesh

VDGs to be equipped with modern weapons to contain terrorism in Jammu province

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]