India’s economic momentum remains strong with the overall PMI at 60.7 in July 2024

Ronit Kawale

August 8, 2024

According to Anand Rathi’s report, the overall Purchasing Managers’ Index (PMI) stood at 60.7 in July, indicating a pick-up in ... <a title="India’s economic momentum remains strong with the overall PMI at 60.7...

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Business

51 lakh or 7.5% more Indians filed income tax returns this year; 72% taxpayers opted for new system

Ronit Kawale

August 2, 2024

Taxpayers and tax professionals made their compliances on time, leading to a surge in the filing of Income Tax Returns ... <a title="51 lakh or 7.5% more Indians filed income tax returns this...

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Business

China’s manufacturing sector suffers sharp decline despite administration’s efforts to revive economy

Ronit Kawale

July 31, 2024

China’s manufacturing sector shrank for a third consecutive month through July, and demand remains weak despite recent government efforts to ... <a title="China’s manufacturing sector suffers sharp decline despite administration’s efforts to revive...

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India’s digital public infrastructure is changing the country’s economic landscape: RBI

Ronit Kawale

July 29, 2024

The Reserve Bank of India’s (RBI) Report on Money and Finance 2023-24 said that India’s digital public infrastructure (DPI), known ... <a title="India’s digital public infrastructure is changing the country’s economic landscape: RBI"...

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Rs 8282 crore invested under PLI scheme for electronic manufacturing: Government

Ronit Kawale

July 25, 2024

A total investment of Rs 8,282 crore has been made by 32 companies under the production-linked incentive (PLI) scheme for ... <a title="Rs 8282 crore invested under PLI scheme for electronic manufacturing: Government"...

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Budget 2024: Finance Minister gives relief to salaried class on tax slabs and standard deduction

Ronit Kawale

July 23, 2024

Finance Minister Nirmala Sitharaman has announced a significant series of income tax reforms for FY 2024-25, aimed at simplifying tax ... <a title="Budget 2024: Finance Minister gives relief to salaried class on tax...

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Proposal to cut customs duty on gold, silver, platinum in Union Budget

Ronit Kawale

July 23, 2024

Finance Minister Nirmala Sitharaman on Tuesday proposed to reduce customs duty on gold and silver to 6 per cent and ... <a title="Proposal to cut customs duty on gold, silver, platinum in Union...

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Union Budget 2024-25: Mobile phones to get cheaper as Finance Minister Nirmala Sitharaman cuts basic customs duty to 15%

Ronit Kawale

July 23, 2024

Finance Minister Nirmala Sitharaman on Tuesday announced a 15 per cent cut in basic customs duty (BCD) on mobile phones ... <a title="Union Budget 2024-25: Mobile phones to get cheaper as Finance Minister...

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Employment, agriculture productivity, manufacturing among nine priorities outlined by the government in the Union Budget

Ronit Kawale

July 23, 2024

The Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman on Tuesday identified nine priorities to create ample opportunities. While ... <a title="Employment, agriculture productivity, manufacturing among nine priorities outlined by the government...

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India will remain the fastest growing major economy in 2024-25, says CEA Nageswaran

Ronit Kawale

July 22, 2024

India will remain the fastest growing major economy in 2024-25, Chief Economic Adviser V. Anantha Nageswaran said at a press ... <a title="India will remain the fastest growing major economy in 2024-25, says...

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Category: Business