The upcoming Budget may raise the rebate further, potentially making income up to Rs 10 lakh tax-free

Nirmala Sitharaman

Stock market today: The Nifty fell below 23,000 in intraday trade today, with heavyweights like RIL, SBI, Bajaj Finance, ICICI Bank, HDFC Bank, Bharti Airtel, and Maruti Suzuki all declining

Stock Market, Market, Crash, Funds, up, Stock, Gain, Lost, decline, statistic, Crisis, Capital, BSE, NSE

The two countries have together identified some 18,000 illegal Indian migrants in the US to be sent back home

Donald Trump, Trump

Assam Chief Minister Himanta Biswa Sarma embarked on a trip to South Korea and Japan on Sunday to invite prospective investors and entrepreneurs for the Advantage Assam Summit 2.0, a business conclave to be hosted by the state government here next month.
He will attend roadshows presenting the summit during the visits, with such events being held in a total of eight countries.
"Namaste South Korea. Look forward to having engaging discussions with industry leaders and agencies during my 3-day visit starting today to showcase Assam's potential ahead of the #AdvantageAssam2 Summit and to take forward the warm Indo-Korea ties," Sarma posted on X as he flew to Seoul.
In another post, the CM said the visit to the two Asian countries will be over a period of five days.
"I am shortly leaving for Seoul and Tokyo on a 5 day visit to present our vision of #AdvantageAssam2 to prospective investors, entrepreneurs and business leaders," he said in the post just after midnight on Sunday.
"During

Himanta Biswa Sarma, Himanta Biswa, Himanta

The Budget 2025-26 should announce a PLI scheme for R&D to attract foreign companies and make India a global hub for innovation, said Deloitte India Partner (Direct Tax) Rohinton Sidhwa.
He said the government has been pursuing a policy wherein tax holidays are less and more focus is on Production Linked Incentive (PLI) or other schemes which promote investment and employment.
"We need to push India as the R&D lab of the world and if there can be such a policy which stimulates that, like PLI for R&D which includes foreign companies, that could be a game changer," Sidhwa told PTI in an interview.
The Budget for 2025-26 will be presented in Parliament on February 1.
Sidhwa said that one area which the government needs to look at is how to stimulate innovation and reward R&D spending and that would happen only when the country is able to attract global R&D centres into India.
"If we can develop our own R&D, we are less reliant on developed world for technology and

Deloitte

The forthcoming Budget needs to focus on domestic drivers like reducing personal income tax and allocating higher capex, to boost growth amid global economic uncertainties, EY's chief policy advisor D K Srivastava has said.
Srivastava, a member of the Advisory Council of the 16th Finance Commission, said since urban consumption is lagging, it is necessary to rationalize the personal income taxes structure, both in terms of rates and deductions such that additional disposable incomes could be put into the hands of lower and middle income class groups.
"At this time when global economic conditions are not very suitable for the Indian economy and for the global economy as a whole, the government has to rely very heavily on domestic demand drivers," he told PTI in an interview.
Srivastava said FY26 Budget should earmark a 20 per cent growth in capex spending over the revised estimates for current fiscal. He projected fiscal deficit at 4.8 per cent of GDP in current fiscal, and 4.4 per .

Union Budget, Budget 2024, Budget tablet, Sitharaman, Nirmala Sitharaman

Ramaswamy, 39, was chosen by the 47th President of the United States, Donald Trump, to lead the department alongside billionaire Elon Musk

Vivek Ramaswamy

China's record trade surplus of nearly $1 trillion last year was equivalent to more than 5 per cent of its gross domestic product, the highest level since 2015

USA China, USA China flag ,usa flag,china flag

India is not seeking customs duty concessions on over 100 product categories such as liquor, and cigarette in the proposed free trade agreement (FTA), which is under negotiations between the two countries, sources said.
They also said that though the FTA negotiations were concluded, Oman has sought revision of its market access offers on some products.
The two sides have discussed three to four issues flagged by Oman, and any potential changes would be minimal, they said.
India is expected to gain greater market access for about 98 per cent of its goods in Oman, along with significant access to the services sector.
"There could be about 125-130 tariff lines (or product categories), where we have not asked for duty concessions and that included goods like liquor, and cigarettes," they added.
On January 14, India and Oman held the fifth round of talks for the agreement, which is aimed at boosting bilateral economic ties.
The negotiations for the agreement, officially dubbed as ...

India Oman

IndiaMART InterMESH shares plummeted 9.99 per cent to hit a 52-week low of Rs 2,064.10 per share, on Wednesday, January 22, 2025

market, stocks, stock market trading, stock market

On Jan 18, TikTok went dark for users across the US just days after the Supreme Court ruled that it would uphold a law forcing ByteDance to either sell its American platform by Jan 19 or be banned

Tiktok return, Tiktok

The jump in the bonus payouts in the region will come after the Wall Street firm saw its new CEO Ted Pick wrap up a strong first year

Morgan Stanley

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

Displaying categorized search results for sebi

Latest News

In this section

All

Here's why IndiaMART InterMESH tanked 10%, hit 52-wk low on Jan 21; details

Beauty Industry in flux after TikTok braces for an uncertain future in US

Morgan Stanley's bonus payouts for star Asia bankers to jump by up to 50%

Most Popular

Read

Shared

Commented

Union Budget 2025-26: 25% income tax slab, higher rebate on the cards

Terrible Tuesday! Sensex sinks 1,400 pts; why are stock markets falling?

India to take back 18k citizens residing illegally from US to placate Trump

Displaying categorized search results for sebi Advance Search