LiveUnion Budget 2023: Gaming Industry Welcomes TDS Changes, Awaits Clarity on GST
In Union Budget 2023, Finance Minister Nirmala Sitharaman announced a 30% tax on “net winnings” from online games. To further clarify the tax policy, she...
Category : BUSINESS
Adani Group has $35 Million in Bond Coupons Due This Week
The conglomerate, backed by Indian billionaire Gautam Adani, will pay $34.7 million in coupons on its dollar bonds this week, most of which have fallen...
Union Budget to Boost Country’s Exports, Manufacturing: Govt
An official press release from the government said the Union Budget 2023-24 has a package of measures to boost exports and help accelerate the growth...
Union Budget 2023: Govt to Levy Tax on Insurance Policies with Premium Above Rs 5 Lakh
Finance Minister Nirmala Sitharaman said on Wednesday that the government will now levy the tax on insurance policies issued on or after April 1, 2023,...
Union Budget 2023: Divestment Target Sets at Rs 51,000 Crore in FY24
According to a budget paper released by the finance ministry, the government has set a target of Rs 51,000 crore through the divestment pathway for...
Union Budget 2023: Defence Stocks Tumble as Defence Sector Doesn’t Get Much Boost
Opposite to expectations, there were no significant announcements for the defence sector in the 2023-24 union budget. While the Ministry of Defence received the highest...
Union Budget 2023: 39,000 Compliances Reduced for Ease of Doing Business
To enhance the ease of doing business, over 39,000 compliances have been reduced, and over 3,400 legal provisions with criminal implications have been diluted, Finance...
Union Budget 2023: PAN Card Gets Legal Support as Single Business ID
The 2023-24 Union Budget has legalised the Permanent Account Number (PAN) as a single business identifier. The Finance Act 2023 has an empowering clause or...
Union Budget 2023: Indian Railways Capex Allocation Rises to Record High at Rs 2.4 Lakh Crore
Indian Railways will get a capex boost of Rs 2.4 lakh crore in 2023-24, a 65.6% increase compared to 2022-23. “Capex for Indian Railways has...
Shriram Finance Eyes Expansion in Small Enterprise Space
Umesh Revankar, the executive vice-chairman of Shriram Finance, said Shriram Finance would focus on expanding its micro and small enterprise operations in northern, central and...