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Apr 1, FY25: Income-tax slab to NPS, full list of updated rules from today | Finance News

Apr 1, FY25: Income-tax slab to NPS, full list of updated rules from today | Finance News

[ad_1] Interest rates on various small savings schemes will remain unchanged for the quarter beginning April 1, 2024 April 1 marks the start of the new financial year (FY2024-25). All the updated regulations for the income tax regime outlined in the Union Budget take effect from this date. Finance Minister Nirmala Sitharaman announced the … Read more

GDP set to grow at least 8% in Jan-March quarter: FM Nirmala Sitharaman | Economy & Policy News

GDP set to grow at least 8% in Jan-March quarter: FM Nirmala Sitharaman | Economy & Policy News

[ad_1] Finance Minister Nirmala Sitharaman India’s gross domestic product (GDP) is on track to grow by 8% or more in the quarter ending March 31, Finance Minister Nirmala Sitharaman said on Saturday. The economy is expected to show the same rate of year-on-year expansion for the 2023/24 financial year, Sitharaman added, citing the … Read more

Congress demands Supreme Court monitored probe on electoral bonds issue | Lok Sabha Elections News

Business Standard

[ad_1] Stepping up its attack on the government over the electoral bonds issue, the Congress on Saturday alleged that thousands of crores have been “extorted” from corporate India and asserted that the need for a Supreme Court-monitored independent probe is pressing. Congress general secretary Jairam Ramesh said the BJP’s four “corrupt tactics” — … Read more

NSE’s social exchange listings swell to 5; FM Sitharaman hails fundraise | Stock Market Today

Business Standard

[ad_1] Union Finance Minister Nirmala Sitharaman (PTI Photo/Vijay Verma) Listings on NSE’s Social Stock Exchange platform swelled to five on Thursday with the addition of four new members. In all, these five non-profit organisations (NPOs) have raised nearly Rs 8 crore, a sum which will be used for development projects. In her message, … Read more

21% fewer fresh corporate subscribers join national pension system in 2023 | Economy & Policy News

Business Standard

[ad_1] The National Pension System (NPS) added 21.5 per cent fewer fresh subscribers under the corporate segment in 2023 compared to the preceding year. Government officials and experts attribute it to the higher exemption limit of income tax of Rs 7 lakh announced in the FY24 Budget that no more requires employees under … Read more

FSDC meet discusses ways for simplification, digitisation of KYC process | Economy & Policy News

Business Standard

[ad_1] Finance Minister Nirmala Sitharaman with RBI Governor Shaktikanta Das during the Financial Stability and Development Council meet in New Delhi on Wednesday The Financial Stability and Development Council (FSDC), an apex-level body constituted by the government, met here on Wednesday to discuss formulating a strategy to simplify and digitalise Know Your Customer (KYC) … Read more