Income tax relief? Govt looks to raise threshold, restructure slabs
NEW DELHI: Amid expectations of a relief in income tax in the Budget, govt is keen to keep the new tax regime free of concessions, while it looks at raising the threshold and offering concessions through a rejig of slabs.Income tax rates are usually among the last set of announcements
Governor Jishnu Dev Varma, ET Infra
The Telangana government is embarking on an ambitious vision for the future, including development of a Future City which aims to position the state as a global hub for technology and innovation, Governor Jishnu Dev Varma said on Sunday. In his Republic Day address here, he said the government also
Startup founders get into ‘reboot’ mode
BENGALURU: A rising number of Indian startup founders are stepping away from their ventures to start afresh. While reasons vary, they often stem from personal and professional challenges, including co-founder disagreements, dwindling passion for the original problem statement, time constraints, and intensifying market pressures.As the Indian startup ecosystem grapples with
Equity MF inflows more than double to nearly Rs 4L crore in 2024
NEW DELHI: Equity mutual funds witnessed a remarkable surge in inflows to nearly Rs 4 lakh crore in 2024, more than double the amount recorded in the preceding year, reflecting strong investor confidence and a continued shift towards long-term investing, particularly through Systematic Investment Plans (SIPs).Despite the strong performance in
United G20 can navigate geopolitical tensions: Kant
India stands to gain significantly from its presidency of the G20, says Amitabh Kant, the country’s G20 Sherpa. In his latest book “How India scaled MT G20,” Kant recounts the enormous efforts, including intense negotiations that were mounted to make it a success. In an interview to TOI, Kant talks
Falling Rs, rising US bond yields fuel FPI exodus, Rs 64k crore taken out in Jan
NEW DELHI: The exodus of Foreign Portfolio Investors (FPIs) from the Indian equity markets continues unabated, as they have withdrawn Rs 64,156 crore ($7.44 billion) so far this month, driven by the depreciation of the rupee, a rise in US bond yields, and expectations of a tepid earnings season.This comes
Govt proposes hike in tax rebate on new vehicles for buyers scrapping old ones
NEW DELHI: In a move to persuade people to scrap their BS-I and BS-II vehicles, and those which are older than these, the road transport ministry has proposed to hike the motor vehicle tax rebate by up to 50% on purchase of new automobiles for buyers submitting the scrapping certificate
Elon Musk, Video Game King? Well, Maybe Not.
On its face, the claim feels improbable: In addition to being the world’s richest man, the chief executive of multiple companies and a key adviser to President Trump, Elon Musk says he is also a world-class video game player. It is a claim that Mr. Musk has repeated through the
DK Shivakumar requests funds for Bengaluru’s mega infrastructure projects, ET Infra
Shivakumar outlined a series of critical projects that require financial support from the Centre, including tunnel roads, flyovers, the Peripheral Ring Road (PRR), and improvements to the city’s water supply. Karnataka Deputy Chief Minister D K Shivakumar wrote to Union Finance Minister Nirmala Sitharaman on Saturday, requesting the inclusion of
Noida Authority renews demand for Rs 10k cr unused Unitech land, ET Infra
On Dec 4, 2024, the court issued another directive, instructing Noida Authority to approve the entire 14.1 lakh sqm of Express City project in Sectors 96, 97 and 98, including the second segment. Noida Authority has reiterated its demand to reclaim over 8.5 lakh sqm of unused land allotted to