Category: Economy
I-T department tells charitable trusts to add ‘irrevocable’ clause or lose tax benefits
Public charitable Trusts are being told by the Income Tax (I-T) department that their trust deeds must state that they are ‘irrevocable’ and make no…
GoI to revamp GDP series with new measurements, seeks industry feedback
The new gross domestic product (GDP) series is set for a major revamp, with the government introducing changes such as imputation of value of government…
New Labour Codes 2025: What changes for every worker in India
India’s new labour codes bring together dozens of workplace rules into a modern, simplified framework designed to make hiring, wages, social security, and working conditions…
Private sector activity hits 6-month low in November
India’s private sector activity fell to a six-month low of 59.9 in November from 60.4 in October, as slowdown in manufacturing offset improvement in services…
Afghanistan woos Indian investors with tax sops, reopens air cargo route
New Delhi: Afghanistan‘s commerce and industry minister Alhaj Nooruddin Azizi on Friday invited investors and industrialists from India to invest in his country, highlighting opportunities…
No anchor, rupee sinks to 89/dollar
The rupee hit its weakest level on record, depreciating past the psychologically significant 89 per dollar mark for the first time on Friday, before closing…
SEZs raise concerns at US’ countervailing duties, QCOs at meet with commerce secretary
New Delhi: Special Economic Zone (SEZ) units and developers raised concerns on countervailing duties imposed by the US and the need to review the applicability…
Forex reserves rise by USD 5.54 billion to USD 692.57 billion
India’s foreign exchange reserves recorded a strong rise for the week ended 14 November, increasing by USD 5.543 billion to reach USD 692.576 billion, the…
Afghanistan offers tax breaks, free land to attract Indian investors
Afghanistan’s Commerce and Industry Minister Alhaj Nooruddin Azizi on Friday urged Indian businesses to invest in the landlocked nation, assuring a conducive environment to expand…
Four Labour Codes come into force: Who benefits, what changes, and what workers must know
Four Labour Codes: India has entered a new labour era with the government implementing the Four Labour Codes — the Code on Wages (2019), Industrial…