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GST Council may consider raising lowest slab to 8%, rationalise tax slabs

GST Council may consider raising lowest slab to 8%, rationalise tax slabs

by Administrator_India | Mar 7, 2022 | Economic News

The GST Council in its next meeting may look at raising the lowest tax slab to 8 per cent, from 5 per cent, and prune the exemption list in the Goods and Services Tax regime as it looks to increase revenues and do away with states’ dependence on Centre for...
IMF delays release of new forecast to January 25 to factor in COVID-19 developments

IMF delays release of new forecast to January 25 to factor in COVID-19 developments

by Administrator_India | Jan 5, 2022 | Economic News

The International Monetary Fund has delayed the release of its World Economic Outlook by one week to January 25 to factor in the latest COVID-19 developments, a spokesperson for the global lend. The World Economic Outlook update will be launched on January 25 to allow...
Private sector invests Rs 15,164 cr in roads till November this fiscal

Private sector invests Rs 15,164 cr in roads till November this fiscal

by Administrator_India | Dec 17, 2021 | Economic News

By Administrator_India Capital Sands Road Transport and Highways Minister Nitin Gadkari said private sector investment in road construction in 2020-21 and 2019-20 was Rs 12,475.53 crore and Rs 21,925.98 crore, respectively Private sector investment in road...
Asian stocks rise with bond yields as Fed outcome boosts risk sentiment

Asian stocks rise with bond yields as Fed outcome boosts risk sentiment

by Administrator_India | Dec 16, 2021 | Economic News

By Administrator_India Capital Sands  Asian stocks followed Wall Street higher on Thursday after the U.S. Federal Reserve said it would end bond-buying stimulus in March to set up three interest rate increases next year to tackle heated inflation. Bond yields rose...
PM Modi arrives in US to attend Quad leaders’ summit, address UNGA

PM Modi arrives in US to attend Quad leaders’ summit, address UNGA

by Administrator_India | Sep 23, 2021 | Economic News

By Administrator_India Capital Sands Prime Minister Narendra Modi arrived here on Wednesday on an official visit to the US during which he will hold the first face-to-face meeting with President Joe Biden and his deputy Kamala Harris, attend the maiden in-person Quad...
RBI relaxes norms on foreign sovereign bond investment

RBI relaxes norms on foreign sovereign bond investment

by Administrator_India | Aug 19, 2021 | Economic News

By Administrator_ India Capital Sands The Reserve Bank of India has relaxed its norms on what banks can do with their excess dollars in the currency market, according to sources. The RBI had already allowed banks to invest their excess dollars in foreign currency...
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