In their latest analysis, Rakesh Nangia, Non-Executive Chairman, and Sandeep Jhunjhunwala, Partner at Nangia Andersen LLP, dissect Budget 2024’s strategic moves towards a “Viksit Bharat” and its economic implications.
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A strong message coming through in the budget is that the government has taken cognizance of some of the critical issues impacting corporate India and is willing to relook at some provisions that have caused concern.
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DGFT’s EPCG Scheme reforms aim to boost the ease of doing business for exporters: extended deadlines for installation certificates, simplified fee structures, and uniform composition fees are the key highlights. These changes streamline compliance, reduce costs, and promote automation.
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Can India’s PLI Scheme Enhance Telecom and Electronics Manufacturing? scheme aims to bolster domestic manufacturing across various sectors, including telecom and electronics. By offering financial incentives, the PLI scheme seeks to attract investments, boost production capacity, and enhance India’s competitiveness in…
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Finance Minister Nirmala Sitharaman in an interview with ET has emphasized that banks must refocus on their primary roles of mobilizing deposits and providing loans, especially amid concerns about slowing deposit growth. Sitharaman reiterated the need for banks to prioritize…
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The GIFT-IFSCA is akin to the Hercules pillars serving as the gateway for India linking her to the global economy and the new hotspot for foreign investment. In furtherance of its efforts towards the challenging task of mobilizing climate finance…
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