The Parliamentary Select Committee has proposed significant changes to the Income Tax Bill 2025, focusing on taxpayer protection and clarity. Key recommendations include redefining ‘beneficial owner’ for carry forward losses, reinstating inter-corporate dividend deductions, and providing standard deductions for municipal…
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Former RBI Governor Raghuram Rajan suggests that recent repo rate cuts by the Reserve Bank are insufficient to stimulate investments, highlighting the importance of transparent policies and increased competition. He notes that Indian industries have become cautious after previous expansions,…
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The Indian rupee logged a modest decline on Monday, pressured by dollar bids from foreign and local private banks, though broad-based weakness in the greenback helped the local currency limit further losses.
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Foreign investors have pulled out $9.2 billion from Indian equities in 2025 so far, with major outflows from IT and FMCG. However, they’ve bet big on telecom and financials, pumping in over Rs 41,000 crore—indicating confidence in India’s long-term growth…
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Finance Minister Nirmala Sitharaman informed Parliament on Monday that the government has undertaken a series of measures to reduce the unemployment rate in the country from 6 per cent to 3.2 per cent in the six years and bring down…
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India, home to 53% of global GCCs, is witnessing a surge in these centers, driven by competitive costs and a skilled workforce. While Tier-1 cities dominate, Tier-2 cities are gaining traction, supported by government initiatives. The number of GCCs in…
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