01 Feb Decoding the Union Budget’s focus on fiscal consolidation and growth
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[ad_1] A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021.Hollie Adams | Bloomberg | Getty ImagesLONDON — The Bank of England held interest rates steady at 5.25% on Thursday, with the announcement detailing the very divided...
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[ad_1] The Indian Navy is all set to commission its latest survey vessel Sandhayak in Vizag on Saturday and the ship is expected to boost the force's surveillance apparatus in the strategic waterways. Defence Minister Rajnath Singh, Navy Chief Admiral R Hari Kumar and Vice...
[ad_1] India has proposed to supply liquefied natural gas (LNG) to Sri Lanka to help the island nation produce power from its Yughadhanavi and Sobhadabavi power plants, Sri Lanka's Energy Minister said on Thursday."In the efforts to expedite the process to generate power from LNG...
[ad_1] The government has not extended the deadline of the concessional tax rate of 15% applicable on new manufacturing start-up companies. Presently the concessional tax rate is applicable up to March 31, 2024 for new manufacturing companies."It was highly expected that this date would be...
[ad_1] The MSME sector is a significant link in India’s journey to become a $5-trillion economy. Giving a focus to this sector, Finance Minister Nirmala Sitharaman unveiled measures that underscored the importance of ensuring adequate finances, as part of her Interim Budget speech in Parliament...
[ad_1] The interim budget for 2024-25 has proposed to extend the tax holiday offered to startups, sovereign and pension funds, and certain investment units housed in GIFT City’s International Financial Services Centre (IFSC), by one year until March 31, 2025.“Certain tax benefits to start-ups and...