Economic Times
Budget 2024 removed the indexation benefit hitherto applicable to property sale. Till now, LTCG on property sale was being taxed at 20% with indexatio
As of June 2024, 32 companies invested Rs 8,282 crore under the Production-linked Incentive (PLI) scheme for large-scale electronics manufacturing in
A nine-judge Supreme Court bench, led by Chief Justice DY Chandrachud, has clarified that royalty is not considered a tax. This statement was made to
The new employment-linked incentive schemes announced in the budget aimed at bolstering India's electronics manufacturing industry were expected to cr
Mayne Pharma sued India's Sun Pharma for allegedly infringing patents on IMVEXXY, a drug for menopause-related vaginal pain. The lawsuit was filed aft
The recent customs duty cut in the budget has triggered a rush at jewellery stores as consumers buy gold in preparation for the wedding season. Prices
The country's biggest consumer products company said it has gained 200 basis points (2 percentage points) of share since 2021 despite resurgence of lo
Industry experts anticipate a significant boost to India's real estate sector due to the government's focus on affordable housing, infrastructure deve
The Indian Railways announced plans to add 250 new suburban services in Mumbai within five years. Efforts include reducing train headway times and sep
Finance Minister Nirmala Sitharaman's budget proposal eliminates indexation benefits for calculating long-term capital gains tax (LTCG) on real estate
The budget 2024-25 has proposed a flat capital gain tax of 12.5 per cent on capital appreciation on selling property instead of a 20 per cent tax on c
This year's Union Budget was presented on July 23 by Finance Minister Nirmala Sitharaman. No increase was made to the National Calamity Contingent Dut
Budget: The government has announced a reduction in the basic customs duty on mobile phones and key parts from 20 percent to 15 percent. This move aim
SPNI had recently appointed Gaurav Banerjee as the new Managing Director and Chief Executive Officer (CEO), effective on or before August 26, 2024, pe
AdGreen Energy Limited (AGEL) has activated the first 250 MW wind capacity at the world's largest 30,000 MW renewable energy plant in Khavda, Gujarat.
The Supreme Court stayed a Madras High Court order directing the Reserve Bank of India to conduct a fresh valuation of Lakshmi Vilas Bank (LVB) and DB
Announced allocations include substantial increases in some areas, such as an uplift for the PM Poshan scheme, along with government support for stude
HDFC Bank raises fixed deposit rates for 35 and 55 month tenures, offering 7.35% and 7.4% interest respectively. Senior citizens will receive 7.85% an
The company will acquire 15% in V9 Beverages that markets and sells India’s first distilled non-alcoholic spirit brand Sober Gin, Sober Rum and Sobe
Reliance Industries Ltd. has received US approval to import oil from Venezuela despite sanctions, with plans to start soon. Reliance previously accoun
