When asked how much persuasion did it take to get the PM on board regarding the cut in income tax, Sitharaman said that it was the bureaucrats who needed to be convinced
Under the tax structure announced in the budget, marginal relief will be calculated by deducting the amount exceeding ₹12,00,000 from the tax calculated on the entire taxable income
With a focus on deregulation, infrastructure investment, and job creation, the 2024-25 Economic Survey outlines key strategies to navigate global uncertainties and fuel domestic growth.
The Pradhan Mantri Jan Dhan Yojana (PMJDY) has today completed 10 years of implementation. Launched by PM Narendra Modi in 2014, it now has 53.13 crore accounts, with significant participation from women and rural areas
A senior official from the Ministry of Education while talking to Times of India called the notice disappointing and claimed that it intends to challenge it, arguing that GST should not be applied to government-funded research.
“Comprehensive measures have been taken by the Government and RBI to recover and to reduce NPAs, including those pertaining to corporate companies, which has enabled an aggregate recovery of Rs. 10,16,617 crore (RBI provisional data for FY 2022-23) by SCBs during the last nine financial years,” the written reply stated.
The EPFO has increased interest rate to 8.15% and it will benefit over 6 crore subscribers in FY23. It has also asked filed offices to start crediting it into members' accounts.