While previously the angel tax -- a tax levied on capital received...
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Budget 2024: FM assures financial support for flood mitigation, irrigation projects
Assam, which grapples with annual floods caused by the Brahmaputra...
Union Budget offers income tax sops for 4 crore salaried individuals
The standard deduction for salaried employees is proposed to be...
China’s birth rate falls to four-decade low: Report
The country's birth rates have been steadily falling for years now, mostly because young people can't afford to have kids, and more financially independent women have decided to embrace a single, childless lifestyle. China's birth rate fell to its lowest point in more...
Wall Street’s $22 Trillion Ticking Carbon Time Bomb
Banks in Turkey, Russia, Indonesia, India and China are most exposed to carbon-transition risk, with three sectors—manufacturers, transportation companies, and power producers and other utilities—accounting for more than 75% of the potential bad loan exposure, Moody’s...
JPMorgan named most important bank to health of world’s financial system
Being included in the table means having to hold additional capital and undergo more intense supervision to avoid a repeat of taxpayer bailouts in the banking crisis over a decade ago. In practice, the lenders typically hold capital buffers that are already above FSB...
Shimla, Coimbatore, Chandigarh Top Niti Aayog’s 1st SDG Urban India Index
Top 10 Urban areas in SDG Urban Index and Dashboard 2021-22 are Shimla, Coimbatore, Chandigarh, Thiruvananthapuram, Kochi, Panaji, Pune, Tiruchirapalli, Ahmedabad and Nagpur. While, bottom 10 Urban Areas in SDG Urban Index and Dashboard 2021-22 are Dhanbad, Meerut,...
Govt seeks to block most cryptocurrencies in new bill, government says
Through the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, India is also looking to make a framework for the official digital currency that will be issued by the Reserve Bank of India. MUMBAI: India is looking to bar most private...
Sebi chief asks investors not to invest on basis of market rumours
Sebi Chairman Ajay Tyagi "As it is said, informed investors are a protected investors. Sebi has been continuously working towards investors awareness and education as a means to investors protection," Sebi Chairman Ajay Tyagi said. Mumbai: Amid growing retail...
$1.3 trillion of Asian wealth set to change hands in succession planning
Of the more than 1,000 publicly-listed family-owned or founded companies tracked by Credit Suisse globally, the clans of Asia dominate, with a combined market value of about $5.8 trillion. The total wealth of India’s family empires is valued at some $1.5 trillion...
Govt plans to provide more tax concessions on vehicles bought after scrapping old ones: Gadkari
The road transport and highways minister said he is also requesting the GST Council to explore what more incentives can be provided under the National Automobile Scrappage Policy. New Delhi;The government is considering a proposal to provide more tax-related...
EV charging sessions to cross 1.5 bn by 2026 globally: Report
While EV charging at home will largely remain dominant, public charging roll-outs will be a major focus going forward, and their installation will be critical to enabling users who do not have off-road parking to join the electric mobility revolution," said research...
General insurance industry in Singapore to reach $4.2bn in 2025:GlobalData
An analysis of GlobalData’s Global Insurance Database reveals that motor insurance was the largest general insurance line in Singapore with a GWP share of 25.8% in 2020. Electric vehicles sales grew by over 80% during September 2020–2021, supporting the demand for...