Budget 2025 income tax expectations: The Union Budget 2025 is expected to simplify existing tax provisions and introduce reforms to boost consumption amidst rising living costs and inflation. Key expectations include increasing the income tax rebate, revisiting limits of deduction…
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Former RBI Governor D Subbarao urges the NDA 3.0 government to leverage its political capital for structural reforms to drive growth and job creation in the upcoming Union Budget 2025-26. He highlights the importance of reducing inequality, boosting MSMEs, and…
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India’s Bharat Petroleum Corp projects a decline in Russian oil processing to 20% in March from 31% in February due to unclear supply conditions. The company copes by sourcing alternatives and expanding tenders, as state refiners face disruptions from sanctions…
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On Wednesday, the Reserve Bank of India (RBI) received bids worth Rs 1.72 lakh crore, 38% higher than the notified amount of Rs 1.25 lakh crore, in the daily Variable Rate Repo (VRR) auction. The surge in bids was driven…
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India’s central bank is likely to make a substantial dividend payout to the government, estimated at up to 2 trillion rupees, following interventions to support the rupee. This windfall comes as the government looks to offset weak tax revenues and…
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India is facing a cyclical economic slowdown with growth predicted at 6.5% this year, down from 8% in FY24. Pankaj Murarka, CIO of Renaissance Investment, sees modest recovery ahead and the slowest earnings growth for Nifty Index companies in five…
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