In a surprising turn of events, shares of Dixon Technologies, a leading Indian electronics manufacturer, tumbled significantly after the government announced a cut in import duties on mobile phones. The …
Government
Four public sector banks distribute a dividend of Rs 6,481 crore to the Government.
Four public sector banks, including Canara Bank, Indian Bank, Bank of India, and EXIM Bank, hand over dividend cheques amounting to Rs 6,481 crore to Finance Minister Nirmala Sitharaman for …
SBI pays a dividend of Rs 6,959 crore to the government.
SBI declared a dividend of Rs 13.70 per share for the financial year 2023-24, an increase from the Rs 11.30 per share distributed the previous year. In 2023-24, the bank …
Government Considers Imposing Higher Tax on Derivative Income: Financial Express Report
In a move that could significantly impact the financial markets, the government is reportedly contemplating the imposition of higher tax on derivative income. According to a recent report by the …
Government Mulls Lowering Personal Tax Rates Amid Economic Considerations
Potential Relief for Taxpayers as Policy Shifts Loom As reported by Reuters: In response to economic pressures and in a bid to stimulate consumer spending, the government is contemplating a …
Unveiling the 2024 Cabinet: A Mix of Experience and Youth New Delhi, June 2024 — In a sweeping move to further his vision of a prosperous and progressive India, Prime …
Cabinet approves raising sugarcane Fair and Remunerative Price (FRP) by Rs 25 to Rs 340 per quintal for 2024-25 season
The government has approved a Rs 25 hike in the Fair and Remunerative Price (FRP) for sugarcane growers, setting it at Rs 340 per quintal for the 2024-25 season. This …