Generative artificial intelligence is set to boost the Indian financial services and it is further expected to potentially add around USD 66 to USD 80 billion to the GVA by 2030. In the latest EY India report, GenAI's impact on the GVA within the Financial Services sector is most significant and has been ranging from 22 per cent to 26 …
Surprising everyone, especially the markets which closed with the biggest Budget-day gains of 5 per cent, the Union Budget 2021 left all taxes unchanged barring for some cess to fund the farm sector or increase any direct taxes. EY India’s Sudhir Kapadia said no major changes in the design or rates of direct taxation signals strong resolve to have stability …