Is the RBI Poised for a Rate Cut on August 6? Economists are Divided With inflation comfortably below 3% and a potential economic slowdown looming, the Reserve Bank of India’s (RBI) upcoming monetary policy meeting is drawing significant attention. While some economists believe a rate cut is imminent to stimulate growth, others are urging the … Read more
Income Tax Department cracks down on bogus claims of deductions & exemptions Investigations uncover organised rackets operated by certain ITR preparers and intermediaries filing returns, claiming fictitious deductions and exemptions Data analysis reveals misuse of deductions under sections 10(13A), 80GGC, 80E, 80D, 80EE, 80EEB, 80G, 80GGA, and 80DDB The Income Tax Department initiated a large-scale … Read more
The landscape of global investing is expanding, with more Indians than ever before exploring opportunities beyond domestic borders. In FY25, Indians invested a significant $1,699 million in foreign equities and debt under the Liberalised Remittance Scheme (LRS), marking a 12% increase from FY24. While these international ventures promise attractive returns, they also come with crucial … Read more
I am under no pressure; I do not exert pressure on anyone, nor do I work under pressure: Vice-President When we go abroad, there is no ruling or opposition party — it’s only Bharat: Vice-President In politics, one may belong to different parties, but that does not mean we are enemies; our enemies may be … Read more