by OverviewFX | Aug 6, 2024 | Industry
New Delhi: The Ministry of Labour and Employment is finalising three employment-linked incentive schemes announced in the budget before forwarding them to the expenditure finance committee for approval later this month. The committee’s nod is necessary for...
by OverviewFX | Aug 6, 2024 | Industry
India’s central bank could cut interest rates by 100 basis points in a monetary easing cycle that is likely to start in December as inflation eases towards its 4% target, a fixed income official at Bank of America, India said. “Once inflation reaches 4%,...
by OverviewFX | Aug 6, 2024 | Industry
Finance Minister Nirmala Sitharaman on Tuesday will propose in the Lok Sabha that Finance Bill for the financial year 2024-2025, be taken into consideration and passing, as per Lok Sabha’s agenda for the day.The Finance Bill needs to be approved by both houses...
by OverviewFX | Aug 6, 2024 | Industry
In Budget 2024, it was announced that starting from October 1, 2024, tax deducted at source (TDS) will be deducted at a 10% rate from specified central and state government bonds, including floating rate bonds.”In the Union Budget 2024, the Government has...
by OverviewFX | Aug 5, 2024 | Industry
India has begun the groundwork for the Business-Ready or B-Ready index, the World Bank’s new flagship report benchmarking the business environment and investment climate in economies worldwide. B-Ready is replacing the World Bank’s Doing Business index...
by OverviewFX | Aug 5, 2024 | Industry
Mumbai: Creditors to Go First Airlines have unanimously voted to liquidate the carrier after almost a year of trying to find a buyer for the Wadia group-promoted company.A liquidation plea has been e-filed with the Delhi National Company Law Tribunal (NCLT) on Sunday...