ConnectBiz Team 
Stock market today: In domestic stock markets, the first trading session of the week can see the impact of Budget 2025, Trump’s tariffs and weak global markets on Monday (3 February). Gift Nifty Futures were trading by falling 125 points at 7:30 am, indicating a weak start of domestic markets. The benchmark equity index was … Read more
Finance Minister Nirmala Sitharaman has made several announcements in the budget to promote shipping and shipbuilding economy. This includes sea development fund (MDF), cheap loans for large ships, recycling schemes and industrial clusters. Ship’s builders and owners have been seeking support from the government for years, now expecting steps from the Ministry of Port, Shipping … Read more
Finance Minister Nirmala Sitharaman has decided to extend the last date to become a company for startups by 5 years to 1 April 2030. The industry has expressed happiness over this. This will provide tax benefits under Section 80 IAC of the Income Tax Act, 1961 for the startup marked by the Department of Industries … Read more
Finance Minister Nirmala Sitharaman has announced the initiative of reforms in six regions in the next five years. These will increase growth capacity and global competition in the country. These major areas include regulatory reforms, power sectors, urban development, mining, financial sector and taxation. Sitharaman promised that several regulatory reforms would be made to increase … Read more
Foxwagen has filed a case against Indian departments for canceling the demand demand of $ 1.4 billion. It has been argued that this demand is unlike India’s imports taxation rules for car parts and this demand will obstruct the company’s business plans. This information has been received from the court document. Foxwagen’s unit Skoda Auto … Read more
Measures to strengthen fiscal conditions may reduce the yield on government bonds. Traders say that despite the increase in the market in FY 2025-26, the fiscal strengthening efforts can lead to the yield down on the government bonds. The government has targeted to limit the fiscal deficit to 4.4 per cent of GDP in FY … Read more
The Center has proposed to launch a new scheme in the General Budget with the aim of improving the states to improve its power infrastructure and encourage it to open for private investment. This initiative has been taken at a time when two power distribution companies (Discom), which recorded the highest losses of Uttar Pradesh, … Read more
The government has removed the discrepancy in the tax system. After this, foreign portfolio investors (FPIs) will not get the benefit of taxes on listed bonds, debts, date mutual funds and listed preference shares. It has been clarified in the general budget that FPI will have to pay long -term capital benefits (LTCG) at the … Read more
The situation may worsen due to the increase in the world on the trade front in the world. Experts have warned that the rapid trade war between the US, Canada, Mexico and China will increase the risk of foreign goods in Indian markets. US President Donald Trump has imposed a 25 percent fee on goods … Read more
Finance Minister Nirmala Sitharaman said on Sunday that India is moving towards the target of cutting debt, moving on the path of fiscal strength. He did not pay attention to that agencies like Moody’s have not increased India’s credibility despite all this. Sitharaman has a better balance between fiscal growth in FY 2025-26 with fiscal … Read more