New Delhi, Feb 1 (SocialNews.XYZ) In further respite for startups amid the ongoing Covid-19 pandemic, the government on Tuesday announced to extend the period to avail tax incentives by one more year. To incentivise startups,…
New Delhi, Feb 1 (SocialNews.XYZ) A strong capital expenditure announced in Union Budget FY23 coupled with renewed focus on the affordable housing segment have led to a sharp jump in share prices of companies associated…
By Sanjeev Sharma New Delhi, Feb 1 (SocialNews.XYZ) The Finance Bill has notified that income-tax shall not be charged on the amount received by a taxpayer for medical treatment from employer or from any person…
Chennai, Feb 1 (SocialNews.XYZ) India’s Department of Space (DoS) is targeting revenue of Rs 219.14 crore from commercial launch services and also plans to put into orbit 10 satellites with its rockets during 2022-23. The…
New Delhi, Feb 1 (SocialNews.XYZ) The announcement of the crypto tax regime by introducing flat 30 per cent taxation on income from crypto and digital assets in the Budget 2022-23 indicates the possible future of…
New Delhi, Feb 1 (SocialNews.XYZ) Despite Tesla CEO Elon Musk still not entertaining a bevy of Indian ministers to manufacture its electric cars in the country, the government on Tuesday said it will soon bring…
New Delhi, Feb 1 (SocialNews.XYZ) Prime Minister Narendra Modi has refused to succumb to electoral pressures as the Union Budget announced on Tuesday had no mention of populism or playing to regional galleries. Elections to…
New Delhi, Feb 1 (SocialNews.XYZ) Hitting hard private cryptocurrency exchanges and apps which are luring millions, especially the young, into investing their hard-earned money in Bitcoin and other digital tokens, the government on Tuesday announced…
New Delhi, Feb 1 (SocialNews.XYZ) In order to provide a level playing field between the co-operative societies and companies, the government proposes to reduce the Alternate Minimum Tax rate for co-operative societies to 15 per…
New Delhi, Feb 1 (SocialNews.XYZ) The outlay for capex has been significantly enhanced by 35 per cent from Rs 5.5 lakh crore to Rs 7.5 lakh crore in the Union Budget, which is more than…
New Delhi, Feb 1 (SocialNews.XYZ) The major disappointment in Union Budget 2022-23 continues to remain on the government’s focus on boosting supply side over demand, experts said. “We would have loved to see some balance…
New Delhi, Feb 1 (SocialNews.XYZ) Two lakh anganwadis will be equipped with audio and audio visual aids and upgraded to new generation “Saksham” Anganwadis, Union Finance Minister Nirmala Sitharaman said on Tuesday. While presenting the…
New Delhi, Feb 1 (SocialNews.XYZ) To sustain high growth rate, India’s Federal Budget 2022-23 has earmarked a massive budgetary outlay of Rs 7.50 lakh crore for FY 2022-23. In her Budget speech to Parliament on…
New Delhi, Feb 1 (SocialNews.XYZ) Sensing immense opportunities in new-age businesses, startups and local manufacturing amid the pandemic-induced digital transformation, the government on Tuesday outlined a tech-driven Union Budget to fast-track the goal of achieving…
New Delhi, Feb 1 (SocialNews.XYZ) In a big boost to the Indian defence manufacturing sector, Finance Minister Nirmala Sitharaman announced on Tuesday that in FY22-23, 68 per cent of the capital expenditure budget for the…
New Delhi, Feb 1 (SocialNews.XYZ) Individuals with income above Rs 2 crore get some relief in the form of capping of surcharge at 15 per cent on long term capital gains (on specified assets) from…
New Delhi, Feb 1 (SocialNews.XYZ) Union Defence Minister Rajnath Singh on Tuesday said that the Union Budget would give fillip to ‘Make in India’, boost demand and build capacities for a stronger, prosperous and confident…
New Delhi, Feb 1 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman on Tuesday announced that Union Budget 2022-23 seeks to lay the foundation and give a blueprint to steer the economy over the ‘Amrit Kaal’ of the…
New Delhi, Feb 1 (SocialNews.XYZ) More than 35 crore Post Office deposit accounts with deposits aggregating Rs 10 crore will now be connected to the banking system. Finance Minister Nirmala Sitharaman announced connecting 1.5 lakh…
New Delhi, Feb 1 (SocialNews.XYZ) The Centre will promote chemical-free natural farming across the country with primary focus on farmers’ lands in 5-km wide corridors along the river Ganga in the first stage, Finance Minister…