Category: Economy
North Block pins hopes on large footfall for its pumped-up new income tax regime
Top finance ministry officials are betting on luring Indians’ trust to the new tax regime, after Finance Minister Nirmala Sitharaman proposed higher tax exemptions to…
Wheat processors pick 42% of wheat offered in FCI’s first tender
Flour mills that make atta and maida have picked up 42% of the wheat the government sold in the open market through its first tender…
new tax regime: Confident that 50% taxpayers will shift to new regime Now: Revenue Secretary Sanjay Malhotra
The government is confident that more than 50% taxpayers will shift to the new income-tax regime that has been made more attractive in the latest…
india inc: FM Nirmala Sitharaman asks India Inc to be prime movers in frontier technologies
Finance Minister Nirmala Sitharaman on Thursday asked India Inc to be prime movers in frontier technologies, adding that the government will facilitate the development. Citing…
Competition Commission set to invoke ‘doctrine of necessity’ principle to examine M&A deals
In a significant move, the Competition Commission in the absence of requisite quorum will soon invoke the ‘doctrine of necessity’ principle to examine merger and…
Kendriya Bhandar Wheat Flour Sale: Kendriya Bhandar begins sale of wheat flour at lower rate of Rs 29.50/kg; Nafed, NCCF to start from Feb 6
To provide relief to consumers from rising wheat flour prices, Kendriya Bhandar has started selling the commodity at Rs 29.50 per kg from Thursday, while…
Income Tax Collection: I-T Department spends 57 paise for every Rs 100 of tax collection: Official
Income-tax collection cost that the I-T Department incurs in the country is one of the lowest in the world at Rs 0.57 for every Rs…
Rice Export Prices: India rice export prices stay high on strong demand, limited supply
Rice export prices from India rose to their highest level since April 2021 this week, aided by firm demand and tight supplies, while elevated rates…
Green bonds, SLBs, MDBs in focus at Guwahati G20 meet on sustainable finance
Raising funds through green bonds, Sustainability Linked Bonds (SLBs) and other such instruments for development projects was discussed on the first day of the G20…
Union budget met expectations of K’taka, State budget to be ‘pro-people’: CM
Karnataka Chief Minister Basavaraj Bommai on Thursday said the Union budget has fulfilled the State government’s expectations in all the key priority sectors, and now…