Government Likely to Impose 30% Tax on F&O Trading
News and Updates Team The Indian government is reported to be considering a 30% tax on Futures & Options trading, classifying it as speculative income. Retail traders express concerns online. Government’s Likely Plan to…
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Sharp Decline in Indian Household Savings Puts Government Economic Strategies Under Scrutiny
Indian household savings hit a six-year low in FY23, raising concerns about government policies as it relies on these savings for economic growth. Significant Decline in Household Savings In fiscal…
Supreme Court Invalidates Electoral Bonds Scheme: Explained
Explore the Supreme Court’s decision to strike down the electoral bonds scheme, addressing concerns over donor privacy and the right to information. Understand the verdict’s impact on political financing and…
Ministry of Finance Seeks Public Input on New Indian Stamp Bill, 2023
The Department of Revenue, Ministry of Finance, Government of India, invites public suggestions, within a period of 30 days, on the draft ‘Indian Stamp Bill, 2023,’ aimed at modernizing the…
Indian Garment Exporters Urge Extension of RoSCTL Scheme
As the RoSCTL scheme faces uncertainty beyond March 2024, Indian garment exporters, led by AEPC, call for its extension. Explore the scheme’s impact, challenges in the global market, and the…
AEPC Urges for a Three-Year Extension of RoSCTL Scheme
The AEPC calls for an extension of the RoSCTL rebate scheme for three more years, citing the pressing need in the face of current global economic uncertainties. Learn about the…
Government Allocates ₹72,961.21 Cr. for Welfare and Infra Boost
The central government authorizes an additional ₹72,961.21 crore for state governments to fortify social welfare and infrastructure projects. Learn about the tax devolution, fiscal improvements, and the RBI’s insights into…