New tax slabs, no tax on income up to Rs 7 lakh in new tax regime, …
Dec 29, 2023 · Impact: If you opt for the new tax regime for FY2023-24 income tax return filing will not be mandatory if your gross taxable income does not exceed Rs 3 lakh in a financial year. A hike in basic exemption limit will also help in saving up to Rs 15,000 (30% of Rs 50,000) for those who are planning to opt for the new tax regime in FY …
Business News Today: Read Latest Business news, India Business …
Business news today: Read India Business news Live. Latest Business news and updates on Finance, share market, IPO, economy. Discover Business News Headlines, Top Financial News and more on The Economic Times.
PM Internship Scheme: Check how to apply, eligibility and …
Oct 4, 2024 · The Central government has launched the pilot phase of the Prime Ministers Internship Scheme, aiming to provide 1.25 lakh internships during the 2024-25 fiscal year. This initiative seeks to tackle youth unemployment by offering 1 crore internships over the next five years, helping participants gain valuable workplace experience.
India sets a ₹9.15 lakh crore blueprint for power sector to meet …
Sep 24, 2024 · New Delhi: In a strategic endeavor to revamp India's power infrastructure, the ministry of power, under the guidance of Prime Minister Narendra Modi, has rolled out a comprehensive plan worth ₹9.15 lakh crore aimed at amplifying the nation's power grid and enhancing energy security.Announced by Union minister Manohar Lal during a press conference in New Delhi, the National Electricity Plan ...
RBI rolls out rules to reclassify FPI investment as FDI
Nov 11, 2024 · The current law says an FPI cannot hold more than 10% of the total paid-up equity capital as portfolio investment in an Indian company. The investment is categorised as foreign direct investment (FDI) if the holding exceeds the 10% limit. Until now, there was lack of clarity on how the offshore portfolio manager could go about classifying and reporting the stake once the holding crosses 10%.
Heavy metals found in 'expertly crafted' Lindt chocolates: How …
Nov 21, 2024 · Lindt & Sprüngli is under legal scrutiny in the US after traces of lead and cadmium were found in its dark chocolates. Following a 2022 report, the Swiss chocolatier now faces a class action lawsuit. The controversy raises questions about the company's marketing claims, health risks of heavy metals, and the broader issue of consumer protection in food labelling.
Who after Adani? Hindenburg Research says something 'big' soon …
Aug 10, 2024 · Hindenburg Research has hinted at another significant revelation related to India. On Saturday, Hindenburg posted on X, stating, "Something big soon India." Last year, on January 24, Hindenburg released a report criticizing the Adani Group just before Adani Enterprises' planned share sale. The report resulted in an $86 billion decline in Adani Group's market value and a significant sell-off of ...
Gold prices held steady amid growing tariff war fears
Nov 28, 2024 · Gold prices held steady as investors weighed economic data and the potential for a tariff war under the incoming Trump administration. U.S. economic indicators were mixed, and concerns linger about the Fed's ability to cut rates amid inflation and trade uncertainties. Trading was thin due to the U.S. Thanksgiving holiday.
‘Get the F*** out': US boss sacks 99 employees, retains only 11 …
Nov 18, 2024 · A US-based CEO, Baldvin, fired 99 of his companys 111 employees for missing a meeting, communicating the mass termination through a harsh Slack message. The decision surfaced online when an intern shared a screenshot of the message on Reddit, drawing public scrutiny. While the CEO cited contractual failures, Redditors speculated mismanagement and poor communication.
Gautam Adani is facing the biggest trial of his life
Nov 21, 2024 · ALSO READ: Kenya cancels power transmission deal with Adani following US bribery charges Early Life Gautam Adani was born into a Jain family in Ahmedabad, Gujarat, as the seventh of eight children to Shantilal Adani, a textile merchant, and Shanta Adani. After dropping out of school, he moved to Mumbai at 16 and …