In a setback to corporations like Hyundai Motor India (HMIL), Mahindra & Mahindra (M&M), Tata Motors and Kia India, the Uttar Pradesh (UP) authorities has instructed them that there shall be no change within the present coverage and each electrical autos (EVs) and powerful hybrids will proceed to have zero registration value within the State. … Read more
A zillion views observe each time the Authorities presents its annual Price range — some nuanced, some analysed in depth and a few triggered by feelings. The proposed change in capital positive aspects tax on actual property noticed all of it. Whereas the tax division put out illustrations displaying why it is going to be … Read more
Let loose home not enterprise revenue The taxman has noticed that some taxpayers are reporting their rental revenue generated by letting out of home property below the top ‘Earnings and features of enterprise or career’, whereas the perfect classification could be below ‘Earnings from home property’. This helps the taxpayer scale back their tax legal … Read more
Union Finances 2024 Expectations Dwell Updates: Pre-budget expectations from varied sectors pour in. Discover right here all updates on Finances-related information. ALL UPDATES Feedback SHARE Copy hyperlink Electronic mail Fb Twitter Telegram LinkedIn WhatsApp Reddit Printed on July 22, 2024 #Finances #Expectations #Dwell #anticipate #Finances #taxpayer
Forward of Finances on July 23, International Portfolio Traders (FPIs) continued to be on an fairness shopping for binge this previous week, pumping practically ₹ 11,000 crore in simply 4 buying and selling periods. Complete FPI internet investments this month via July 19 stood at ₹30,771 crore, depositories knowledge confirmed. Reflecting the elevated FPI urge … Read more
With lower than 10 days till the primary full Price range of the Modi 3.0 Authorities, Prime Minister Narendra Modi on Thursday brainstormed with main economists, sectoral specialists, and NITI Aayog officers on key focus areas and techniques for the essential coverage doc. The discussions aimed to speed up India’s transformation right into a $5-trillion … Read more
Infrastructure leaders have urged continued deal with the federal government’s capex-led development technique within the upcoming Funds to additional increase the financial system. At a pre-budget assembly, Chaired by Financial Affairs Secretary Ajay Seth, right here on Saturday, infrastructure trade honchos have sought a minimum of a 30 p.c hike within the Centre’s capex allocation … Read more
Finance Minister Nirmala Sitharaman on Wednesday took cost and resumed her work within the North Block. That is her second time period within the Ministry as a Cupboard Minister and total, her third time period as she was a Minister of State through the first time period of the Modi Authorities (2014-2019). Additionally learn: Consultants … Read more
The Commerce and Trade Ministry, might suggest a devoted coverage for deep tech startups to advertise innovation, for the forthcoming Price range to be introduced by the brand new authorities, an official mentioned. Additionally learn:90% of corporations plan to spice up investments in key digital tech areas in 2024: Report Voting for the Lok Sabha … Read more
The annual defence manufacturing is predicted to the touch ₹3 lakh crore from ₹16,000 crore now, and defence exports ₹50,000 crore by 2028-29, Defence Minister Rajnath Singh mentioned on Saturday whereas insisting that the new-found thrust is a results of the federal government’s deal with long-term positive factors to make India a developed nation by … Read more