India Inc navigates a moderate growth trajectory with a 4-6 per cent revenue increase in the January-March quarter, as revealed by a recent Crisil report. While consumer discretionary sectors drive growth, margin expansion underscores a corporate focus on profitability amidst…
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One of the proposals is for having a separate provision for deduction of expenses relating to education of girl child both under the default tax and alternative tax regimes.
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The 76,000-crore incentive package was launched in December 2021 to support companies making semiconductors and investing in them. That amount has been nearly exhausted, necessitating a fresh boost for India’s big chip plan. And indications are that the coming plan…
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The NCAER’s April 2024 Monthly Economic Review (MER) highlights the Indian economy’s robust performance, citing a 16-year high in the PMI for manufacturing and record UPI transactions. With positive global forecasts and decreasing inflation, the economy looks poised for growth,…
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The travel and tourism sector is poised for significant growth, expected to create 5.82 crore jobs in India by 2033. Despite challenges, the sector saw a quick recovery post-pandemic. In 2020, it accounted for 39 million jobs, constituting 8% of…
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Telecom equipment manufacturing and exports have become a significant success story, aided by the government’s PLI scheme. FY24 saw telecom equipment production crossing ₹45,000 crore, with exports around ₹10,500 crore and over 19,500 direct jobs created. India has shifted from…
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