MUMBAI, July 31 (Reuters) – India is likely to receive below-average monsoon rainfall in August after recording average rainfall in July, the weather department said on Friday, raising concerns about crop yields and economic growth in Asia’s third-largest economy. The monsoon delivers
NEW DELHI, February 1, 2025 (AP) — Indian Prime Minister Narendra Modi’s government presented an annual budget to Parliament on Saturday that focused on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and manufacturing. In
New Delhi, Feb 1 (PTI) The government on Saturday proposed a retrospective amendment to the CGST law concerning ‘plant or machinery’, a move that is likely to adversely impact real estate companies seeking input tax credit on the construction and leasing of
New Delhi, Feb 1 (PTI) Finance Minister Nirmala Sitharaman on Saturday proposed to increase the threshold of tax collected at source (TCS) on remittances under the RBI’s Liberalized Remittance Scheme to Rs 10 lakh from the existing Rs 7 lakh to give
NEW DELHI, Feb 1 (Reuters) – The Indian government on Saturday announced the biggest income tax relief in at least a decade to boost consumer demand to revive growth in the world’s fifth-largest economy, giving a huge relief to millions of households
