RBI’s Major Blow to Paytm
The action has been taken after a Comprehensive System Audit report and subsequent compliance validation report…reports Asian Lite News The RBI has
Startup Tax Benefits Extend to March 2025
As many as 2,975 government-recognised startups have been granted Income Tax exemptions so far…reports Asian Lite News In a respite for the
Fiscal deficit target pegged at 5.1%
To provide continuity in taxation, I propose to extend the date to 31.03.2025.” The government proposed to increase capital expenditure outlay by
No changes in Income Tax rates
As expected, and in relief for the citizens, the central government neither tweaked nor put any additional tax burden on citizens, in
Economy projected to grow by 5.7% in 2024
Al Khoori highlighted that the UAE’s non-oil foreign trade hit a record AED1.239 trillion in the first half of 2023…reports Asian Lite
IMF warns Hunt against tax cuts
The IMF said it was forecasting UK growth of 0.5% in 2023 and 0.6% in 2024 – both unchanged from October –
IMF upgrades 2024 global growth forecast to 3.1%
Among the Group of Seven (G7) advanced economies, growth in European countries looks set to remain weak, reflecting ongoing challenges, while Japan
‘My head is bloody, but unbowed’
Raveendran said that the company was launching a $200 million rights issue to fund the ongoing capital expenditure and support general corporate
Hamdan launches Dh500m initiative to boost SMEs
H.H. Sheikh Hamdan underscored Dubai’s pivotal role in the global economy and its leading position as an international hub for business and
India’s Investors Swap FDs for Stocks!
The total inflow into various SIPs of mutual funds during the calendar year 2023 was about Rs 1.83 lakh crore with the