Month: September 2023

In its meetings in July and August, the GST Council had clarified that online gaming, casinos and horse racing would attract 28% Goods and Services Tax (GST) on full bet … Read More

The external debt to GDP ratio declined to 18.6% at end-June 2023 from 18.8% at end-March 2023, the RBI said | The Hindu

Edtech major BYJU’s may lay off up to 3,500 employees during the current fiscal as it looks to consolidate teams and enhance regional focus, sources privy to the development said. … Read More

The Income Tax Department has notified new angel tax rules that comprise a mechanism to evaluate the shares issued by unlisted startups to investors. While previously the angel tax – … Read More

India could be among the three fastest growing markets for JPMorgan in the Asia Pacific region next year, alongside Australia and Japan, said a top official at the Wall Street … Read More

At the 20th Indo-U.S. Economic Summit, U.S. Ambassador to India Eric Garcetti called for a reduction of tariffs and the creation of a more predictable regulatory environment | The Hindu

The amended rules are aimed at bridging the gap between the rules outlined in FEMA and the Income Tax. | The Hindu

It emphasised that over a billion Indians have also expressed their trust in Aadhaar by using it to authenticate themselves “over 100 billion times”. | The Hindu

Mumbai: The 12th Global Investment Immigration Summit held at the Sofitel, BKC Mumbai, witnessed a remarkable surge in attendees, signalling a growing interest among Indians in pursuing opportunities abroad. Organized … Read More

“After the uncontrolled spike in tomato prices, now tur dal prices are up 45% from January 2023, and overall pulses inflation has touched 13.4%. | The Hindu