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Showing resilience India has registered 1.67 lakh companies in the financial year 2021-22 (April-March), according to a report by Ministry of Corporate Affairs (MCA).
Kerala has been grappling, of late, with the vicious cycle of lack of growth, resultant low revenues, a high debt level and burgeoning expenses on interest payments.
This is the second evacuation flight operated to Mumbai from Bucharest to bring back Indians from war-hit Ukraine since February 27.
As India works towards a $5 trillion economy by 2025, and with just 2 days to go for 2022-23 Budget, here are the top five market expectations on direct and indirect taxes.
Emboldened by the first advance estimate of the GDP released by the MOSPI for the financial year 2021-22 at 9.2 per cent or the RBI projection of 9.5 per cent, some may argue that the economy is better off this year with promising growth.
The government has also invited suggestions from the general public on the draft policy.
Earlier, the investment cap was Rs 10 crore. The State amended the Act after the Central government raised the investment ceiling to Rs 50 crore.
The government may increase the limits on standard deduction from Rs 50,000 to Rs 1 lakh, SMC Global Securities said in a report.
Any new tax like wealth tax or others at this point could do more harm than good, SBI Research has cautioned ahead of the Union Budget to be tabled in the Parliament on February 1.
On this day in 2016, Prime Minister Narendra Modi announced the decision to ban currency notes of Rs 500 and Rs 1,000.