by OverviewFX | Sep 11, 2024 | Industry
Global capability centres (GCCs) in the BFSI (banking, financial services & insurance) vertical in India may be much bigger and growing much faster than previously thought. They are also bringing in lots of jobs, but some of it may also be a replacement of jobs...
by OverviewFX | Sep 10, 2024 | Industry
Hyderabad, Telangana Chief Minister A Revanth Reddy on Tuesday urged the 16th Finance Commission to increase the share of states in Central taxes from the existing 41 per cent to 50 per cent. Highlighting that Telangana’s debt mounted to over Rs 6.85 lakh crore,...
by OverviewFX | Sep 10, 2024 | Industry
The 54th meeting of the Goods and Services Tax (GST) Council, chaired by union Finance Minister Nirmala Sitharaman, concluded at the Sushma Swaraj Bhawan, New Delhi on Monday. Key decisions taken by the Finance Minister-led council included new GoM for GST rate...
by OverviewFX | Sep 9, 2024 | Industry
The much-anticipated announcement regarding a potential reduction in the Goods and Services Tax (GST) on health insurance premiums has been postponed, reported PTI, citing sources. In its 54th meeting on Monday, the GST Council decided to defer any decision on...
by OverviewFX | Sep 9, 2024 | Industry
India’s exporters are grappling with a significant credit crunch despite a surge in overall lending across the economy. Over the past two years, credit available to exporters has dropped by 5%, a troubling trend that contrasts sharply with the growth seen in other...
by OverviewFX | Sep 9, 2024 | Industry
Amid vacancy, senior bureaucrat Tuhin Kanta Pandey was on Saturday designated as the new finance secretary, according to an official order. Pandey is currently the secretary of the Department of Investment and Public Asset Management (DIPAM).”The Appointments...