by OverviewFX | Jul 25, 2024 | Industry
The government will not pre-announce the timing of its divestment plans for FY25 to ensure its best value for public companies, said Finance Secretary TV Somanathan, in an exclusive interview with ET NOW, on Wednesday. “If I were trying to do something, I would...
by OverviewFX | Jul 24, 2024 | Industry
Budget 2024 has introduced a significant relief, as tax authorities can no longer reopen old income tax returns (ITR) beyond the specified time limits. Finance Minister Nirmala Sitharaman said while presenting Budget 2024, “I propose to thoroughly simplify the...
by OverviewFX | Jul 24, 2024 | Industry
TV Somanathan, Finance Secretary, says the message to the markets is that long-term investments in the share markets are very important for the economy and they continue to be encouraged. They will be taxed moderately as is necessary for every form of income. And...
by OverviewFX | Jul 24, 2024 | Industry
The Union Finance Minister Nirmala Sitharaman tabled the Budget presentation at Parliament on Tuesday. Some of the core focus areas of the budget were employment, skills development, MSMEs and the middle class. Changes in income tax slabs were announced while capital...
by OverviewFX | Jul 24, 2024 | Industry
The higher dividend from the Reserve Bank of India (RBI) bank has been used equally to manage the fiscal deficit and developmental projects an analysis of the numbers indicate.It is already known that the government revenues would get a big boost because of the RBI...
by OverviewFX | Jul 23, 2024 | Industry
The Economic Survey 2024 was tabled by the Finance Minister Nirmala Sitharaman on Monday, a day before the Union Budget 2024. According to the survey, India’s economy is on a strong wicket and stable footing and is expected to grow 6.5-7 percent in 2024-25.Top...