Budget 2025: Mutual funds industry calls for tax breaks on debt schemes
Ahead of Union budget, the $800 billion mutual funds industry has urged the government to introduce a more favourable dispensation of taxation for debt mutual funds in India. This is a must if investors have to make right asset allocation and a proper retirement security is to be created for
PM Suryaghar, PM Kusum beneficiaries ambassadors of India’s RE journey: MNRE
The Minister of New & Renewable Energy (MNRE) Pralhad Joshi on Saturday interacted with beneficiaries of PH Suryaghar and PM Kusum, exhorting them to become brand ambassadors of India’s renewable energy (RE) journey. The Minister met with 750 such special guests of the Ministry, who were invitees to the Republic Day
Past retirees of NPS can also opt for Unified Pension Scheme
A National Pension System (NPS) Government Employee, who retires on or before March 31, 2025 can opt for Unified Pensions Scheme (UPS). said Finance Ministry in a notification dated January 24. UPS is to be operationalised from April 1, 2025. The scheme will not be available for employees who were
Two-wheelers not luxury, tax cut needed to spur demand: Honda Motorcycle and Scooter India
Two-wheelers are a necessity and not luxury in the current Indian context and taxes on these vehicles must be reduced as the industry is staring at a single-digit growth next fiscal with affordability becoming an issue, according to a senior executive of Honda Motorcycle and Scooter India. There is also
Import monitoring intensified, exploring countervailing and anti-dumping duties: HD Kumaraswamy
India’s steel ministry has intensified monitoring of imports while there are talks of imposing countervailing and anti-dumping duties where necessary to protect domestic industry from Chinese offloading of the metal, including shipments routed through other FTA countries, HD Kumaraswamy, Union Minister for Steel and Heavy Industries told businessline. Donald Trump’s
How Budget 2025 can empower India’s agro-chemical sector and farmers
With India making rapid strides on many fronts under the leadership of Prime Minister Narendra Modi, the agriculture sector is gaining greater significance, as has been evident from the past few Budgets. This progress, and the fact that this is the first full Budget of Modi 3.0, has heightened anticipation
Will take action to protect Indian steel industry from dumping; Engaging with Europe for fair trading environment : HD Kumaraswamy
India could explore policy measures such as anti-dumping duties, safeguard measures apart from stricter quality control measures to curb rising imports, says HD Kumaraswamy, the Union Minister for Steel and Heavy Industries. Speeding up PLI investments towards driving speciality steel-making, tapping into new export markets to counter trade barriers being
Posthumous Padma awards conferred on Osamu Suzuki, Bibek Debroy, Sushil Kumar Modi
On the eve of the country’s 76th Republic Day, the Centre announced the list of recipients for the Padma Awards 2025 comprising 7 Padma Vibhushan, 19 Padma Bhushan and 113 Padma Shri Awards. Padma Vibhushan awardees include Late Osamu Suzuki, former Chairman of Suzuki Motor Corporation; Duvvur Nageshwar Reddy from
India-Indonesia forge ties: AMFI and AMII ink landmark MoU in investment management
The Association of Mutual Funds in India (AMFI) and the Asosiasi Manajer Investasi Indonesia (AMII), the Indonesian Investment Managers Association, signed a Memorandum of Understanding (MoU) on Saturday to strengthen bilateral relations and enhance cooperation between the mutual fund industries of India and Indonesia. The MoU was signed and exchanged
India, Indonesia air connectivity gets a boost with a revised agreement
Indian travellers will have more flight options for Bali as India and Indonesia have revised their air service agreement. While Indonesian carriers will get access to Bengaluru and Hyderabad, Indian airlines will be able to increase flights to Denpasar (Bali), Jakarta or launch new destinations in the country, it is