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
In his eighth budget speech on Saturday, nearly two and a half decades after the liberalization of the Indian insurance sector, Finance Minister Nirmala Sitharaman announced the opening of the country’s insurance sector for 100 percent foreign direct investment (FDI). At present, the limit of foreign investment in India’s insurance sector is 74 percent. Industries … Read more
Union Commerce and Industry Minister Piyush Goyal told in mutual interaction after Shreya Nandi was presented the budget that the government will help the industry to deal with the regulation of non -fee methods such as the regulation of non -fee methods of European Union (CBAM) of European Union. Major excerpts: Tell us about the … Read more
Finance Minister Nirmala Sitharaman on Saturday introduced the ambitious blueprint for the shoe and leather industry in the budget. It has focused on such schemes, which will pave the way for 4 lakh crore turnover and 1.1 lakh crore targeted exports with 22 lakh jobs in this area. The move aims at the non-flesh footwear … Read more
Tata Group’s company Trent Limited started February in a tremendous manner. While its stocks were performing the worst in the Nifty 50 index in January, now it has become the fastest escape shares in February. On Saturday, its shares jumped more than 12.14%, which is the biggest one day after August 9, 2024. The company … Read more
The central government has announced several tax incentives to promote capital raising activities at the Gift City International Financial Service Center (IFSC) in Gujarat. These include increasing sunset clause by 5 years, encouragement for mutual fund transfer and giving relief to foreign portfolio investors (FPIs) trading in foreign derivatives (ODIs). Several tax concessions related to … Read more
Finance Minister Nirmala Sitharaman, while presenting the budget on Saturday, gave a special gift to the footwear and leather sector of the country. He announced that a focused scheme would be launched to promote this sector, which will increase employment opportunities in this industry and also strengthen exports. Along with this, steps will also be … Read more
Union Finance Minister Nirmala Sitharaman has announced a large investment in infrastructure in Budget 2025. The government will give an interest-free loan of Rs 1.5 lakh crore to the states for 50 years. This money will be spent directly in roads, bridges, railways and other infrastructure, which will run further fast. Cities will get urban … Read more
In the Union Budget 2025, Finance Minister Nirmala Sitharaman has announced a big relief for home buyers. The government has announced the Swamih Fund 2.0 of Rs 15,000 crore for those who had remained incomplete. Under this fund, emphasis will be laid on completing the housing projects stranded across the country and about 1 lakh … Read more
Has given a tax exemption gift to the middle class, while there has been a plan to give a new speed to domestic production and consumption. Experts say that Finance Minister Nirmala Sitharaman has taken major decisions this time playing on the front foot, which will speed up consumption and investment in the coming months. … Read more