Search Results for: tax incentives

Delhi HC orders ESIC to give benefits to victim whose Covid scheme claim rejected for 'more salary'

The Delhi High Court has directed the Employees' State Insurance Corporation (ESIC) to extend all benefits under the Covid scheme to the wife of a deceased whose claim was rejected on the ground that the workman was drawing salary above the prescribed limits.

11 days ago

PM Vishwakarma scheme makes headway with 2.58 crore artisans on board

The Centre's PM Vishwakarma Yojana to uplift traditional craftspeople and artisans such as carpenters, masons and tailors has made considerable headway with as many as 2.58 crore applications being submitted so far.

18 days ago

IPO market buzz continues next week with 3 new public issues

India's consumer spending on goods to grow 7 pc in next 5 years

India's consumer spending on goods is worth $1.29 trillion in 2024 and is expected to increase to 7.0 per cent in the next five years, according to a new report.

18 days ago

India poised to lead emerging markets, cement its position in global economy by 2035: S&P Global

India set to become 3rd largest by 2030, likely dominate emerging markets by 2035: S&P report

S&P Global predicts India to be the fastest-growing major economy and the third-largest globally by 2030. India's entry into JP Morgan's Government Emerging Market Bond Index is expected to unlock significant domestic capital market resources.

Oct 17, 2024

'Make in India' iPhone 16 hits market, thousands queue up to own new Apple devices

Apple's 'Make in India' iPhone 16 Series Go On Sale in India: Customers Eager To Buy New Phones

The Indian tech industry witnessed a significant milestone as Apple's 'Make in India' iPhone 16 hit the market. Thousands of eager customers lined up to get their hands on the new devices. The launch took place at Apple's retail stores in Mumbai and New Delhi, as well as other Apple Authorized reseller stores across the country.

Sep 20, 2024

Zoho CEO denies reports about investing in Odisha for Rs 3,034 crore chip plant

Zoho CEO Denies Rs 3,034 Crore Semiconductor Investment; Calls Reports "Inaccurate"

Sridhar Vembu, the Co-founder and CEO of cloud software giant Zoho, has categorically denied reports about the company's investment in a semiconductor plant in Odisha.

Sep 20, 2024

Unlocking Success with AI-Powered CRMs: A New Era in Customer Relationship Management

AI-powered CRMs provide a crucial advantage by automating routine tasks like data entry, lead qualification, and follow-up communications, allowing employees to focus on strategic initiatives.

Sep 18, 2024

K'taka HC adjourns hearing on Siddaramaiah's plea against Guv's probe nod in MUDA case

Siddaramaiah invites eight CMs to discuss tax devolution formula for states

Karnataka Chief Minister wrote to the Chief Ministers of different states regarding the unfair devolution of taxes.

Sep 12, 2024

Industry hails extension of FAME II scheme to bolster EV infra

Indian Electric Vehicle Market Projected to Grow 40% by 2027

India's Electric Vehicle (EV) market is projected to grow at a CAGR of 35-40% until 2027, driven by government incentives, rising fuel prices, and increased consumer awareness.

Sep 11, 2024

Semicon India 2024: Uttar Pradesh gears up for major semiconductor event

Uttar Pradesh as a key player in semiconductor manufacturing, the Yogi Adityanath-led government is set to host Semicon India 2024 at the India Expo Mart in Greater Noida from September 11 to 13

Sep 9, 2024

iPhone production in India to reach 25 pc of global shipments by 2025: Jefferies

Apple's India Production to Hit 25% of Global Shipments by 2025

Apple's manufacturing footprint in India is set to expand significantly, with projections indicating that the country will account for 25% of global iPhone shipments by 2025.

Sep 9, 2024

India's position set to rise in global supply chains with huge chip investments

India Poised to Become Global Semiconductor Hub; $30 billion investment in 3 years

India is set to become a global hub for semiconductor manufacturing, with an expected investment of up to $30 billion in the next three to five years. The Maharashtra government approved a semiconductor manufacturing project by Israel's Tower Semiconductor and the Adani Group, expected to create at least 15,000 jobs.

Sep 8, 2024

Budget to benefit all segments of society, says PM Modi

India committed to work with world for green future: PM Modi

India has taken many massive strides in green energy and is committed to working with the world for a green future

Sep 5, 2024

Govt to clear FAME 3 scheme for faster EV adoption in 1-2 months: Minister

he Centre to clear the third Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicle (FAME) scheme to promote electric vehicle (EV) adoption.

Sep 4, 2024

Car manufacturers offer up to Rs 20,000 discount under new scrapping policy Car manufacturers offer up to Rs 20,000 discount under new scrapping policy

India's New Vehicle Scrapping Policy to Boost Cleaner and Efficient Vehicles

India's Vehicle Scrapping Policy encourages the replacement of old vehicles with cleaner ones, offering substantial discounts on new purchases. Major car manufacturers are offering discounts of 1.5% of the ex-showroom price or Rs 20,000, while Mercedes Benz India offers a flat discount of Rs 25,000. The policy also includes benefits like scrap value from Registered Vehicle Scrapping Facilities and tax concessions. The initiative aims to promote cleaner, safer roads and combat pollution, requiring coordination between manufacturers, scrapping facilities, and the government.

Aug 29, 2024

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