From James Wilson’s first budget in 1860 to Nirmala Sitharaman’s digital budget in 2021, now set for her eighth in 2025, the Union Budget shapes India’s spending, borrowing, and revenue. Here is a break down of concepts like the fiscal…
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GST will not be charged on penal charges levied by banks and NBFCs, as clarified by the CBIC. This exemption is due to such charges being deemed as breaches of contract terms. Additionally, GST exemption applies to Payment Aggregators for…
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Rashmi Saluja, Chairperson of Religare Enterprises, has petitioned the Delhi High Court to stay the resolution concerning her reappointment at the upcoming AGM. She claims her right to remain a director until 2028, arguing that the proposal violates legal principles…
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The government will announce its long-term economic reforms approach in the coming months to sustain high growth rates, focusing on private investment, public-private partnerships in infrastructure, and continuous policy reviews. Infrastructure development and prudent energy transition will be key elements…
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Fed rate cut: The US Federal Reserve has opted to pause interest rate cuts, keeping rates at 4.25% to 4.5%, citing somewhat elevated inflation. This cautious approach comes amidst President Trump’s call for immediate rate reductions. Future policy changes will…
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Unilever’s Liquid IV, a successful hydration drink, is being launched in India targeting the premium market segment. The introduction aims to cater to affluent consumers with active lifestyles. This move aligns with Hindustan Unilever’s strategy to increase its premium product…
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