As the New Year 2025 approaches, it brings with it new changes in areas such as fixed deposit rules, credit card benefits, visa regulations, and more, all of which are important to consider when planning finances. The latest financial changes for 2025 are as follows: 2025 personal finance updates 1) Fixed Deposit Changes The Reserve Bank of India has changed …
A ministerial panel on Goods and Services Tax rate rationalisation is set to convene on September 25 in Goa, where it will likely discuss possible adjustments to tax slabs and rates, PTI reported. At the August meeting, the GoM directed the fitment committee—comprising tax officials from both the Centre and states—to assess the impact of potential tax rate changes on …
Finance Minister Nirmala Sitharaman proposed legislative support to provide financing for leasing aircraft and ships in India in a bid to protect airlines from foreign exchange risks. Though the government has tried to promote leasing at Gujarat’s GIFT City through tax incentives and regulatory relaxations, most aircraft leases transacted are financial leases and not operating leases as there is little …
Budget 2019: As Finance Minister Nirmala Sitharaman is all set to present her maiden Union Budget for financial year 2019-2020 on July 5, expectations are high - not just from business industries but also among common citizens of the country. Despite the Modi 1.0 government announced some major relief in tax slabs in the Interim Budget presented by the then …
The new BJP president, along with Narendra Modi and the home, defence, finance and foreign ministers, will control not only the future of the government and the party but also the country in large measure. Narendra Modi’s grand swearing-in as the Prime Minister of India was accompanied by two pieces of news on the economy — the first was that …