The government is considering changes to the capital gains tax regime for debt mutual funds to provide relief for the Bharat Bond Exchange Traded Fund, amid concerns over the current taxation structure.
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The full budget, likely to be presented early in July, will detail specific measures toward this end. “The focus would be to promote labour-intensive growth that will create jobs, with continued emphasis on macroeconomic stability,” a top government official aware…
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The swearing-in of Narendra Modi’s council of ministers raises the question of who will be the next finance minister, with speculation on whether Nirmala Sitharaman will retain her position at the finance ministry on Raisina Hill.
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Indian banks are urging the industry regulator to relax the current liquidity coverage requirements. They believe easing these mandates will free up more funds for lending.
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Commerce Ministry considers requesting extra funds for startups in the Budget 2024-25 to support startups in various growth stages with a new scheme similar to the seed fund scheme that provided funding through incubators, in line with the Startup India…
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The new NDA government’s budget aims for faster fiscal correction with higher growth and central bank profits to lower interest rates.
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