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New Delhi: Goods and Services Tax (GST) is one of the major economic reforms in the last decade in India which replaced the Value Added Tax (VAT) system. It paved the way for economic growth, lower logistics costs, and ease of doing for the business. Now the Union government is focusing on GST 2.0 which…
New Delhi: Finance Minister Nirmala Sitharaman is set to introduce the New Pension Scheme (NPS) ‘Vatsalya’ for children in New Delhi on September 18. The new pension scheme announced in the Union Budget 2024 which allows parents to contribute to their children’s NPS accounts, helping them build a retirement fund and secure their financial future. …
Union Finance Minister Nirmala Sitharaman held a meeting with a delegation from the US International Development Finance Corporation (DFC) here in the national capital.The delegation was headed by Deputy Chief Executive Officer Nisha Biswal and it also included U.S. Ambassador to India Eric Garcetti and Assistant U.S. Trade Representative for South and Central Asia Brendan…
GST Cut On Medical Insurance: A Group of Ministers has been tasked to look into GST rates related to medical insurance and come up with a report by October so that the GST Council can take up the matter in the November meeting.”There were a lot of discussions about whether we should reduce the rate…
New Delhi: Union Finance Minister Nirmala Sitharaman is set to convene a crucial review meeting at Vigyan Bhawan on Monday to assess the performance of Public Sector Banks (PSBs) and Regional Rural Banks (RRBs). This meeting aims to evaluate key financial metrics and the effectiveness of various government schemes, ensuring that these financial institutions are…
Union Finance Minister Nirmala Sitharaman addressed the RBI’s Central Board of Directors with Union Minister of State for Finance Pankaj Chaudhary along with RBI Governor Shaktikanta Das at its customary post-Budget meeting in New Delhi, on Saturday. RBI and the government are asking banks to focus on core banking activity of deposits and lending, says…
New Delhi: EaseMyTrip, an Indian online travel company headquartered in New Delhi, will hire 500 interns under a Central Government scheme announced in the Union Budget. Nishant Pitti, CEO & Co-Founder of EaseMyTrip, made this announcement on the social media platform ‘X’ after attending Prime Minister Narendra Modi’s inaugural session of ‘Journey Towards Viksit Bharat:…
New Delhi: A man from Karnataka went viral on social media for giving “financial advice” to salaried taxpayers on how to “save 100 percent income tax.” The video emerged a few days after Finance Minister Nirmala Sitharaman announced the Union Budget 2024, which quickly became the subject of many jokes and memes online. Content creator…
Budget 2024: India’s Finance Minister Nirmala Sitharaman presented the Union Budget for 2024-25 today. Sitharaman has presented her seventh Union Budget for the fiscal year 2024-2025. Following this, several items have become cheaper and costlier for consumers. Let’s have a quick look at the full list of items that will get cheaper and costlier …
New Delhi: The Economic Survey 2023-24, an annual document presented by the government ahead of the Union Budget to review the state of the economy, was presented in Parliament today, with findings on AI’s impact on skilled workforce. The Survey said that AI (Artificial Intelligence) casts huge pall of uncertainty with regard to impact on…