Economy News
FSDC
Fresh measures to curb unauthorised online lending apps operations could be on anvil , following deliberation on the issue at the financial stability and Development Council (FSDC) chaired by Nirmala Sitaraman .
posted by 22nd Feb 2024
Core Sector Growth
Output growth across Indi’s eight core infrastructure sectors slowed to a four- month low of 8.1% in September, from 12.5%in August, with the index of core industries sliding to a seven-month low.
posted by 1st Nov 2023
Foreign Portfolio investment
Concerns over higher-for-longer interest rates in the US surge in US bond yields and geopolitical tensions have triggered a safe-haven appeal among foreign portfolio investors who have sold domestic shares over 35,000 crores on a net basis in the past two months.
posted by 30th Oct 2023
Double Taxation Avoidance Agreements
In a significant ruling with respect to the Double Taxation Avoidance Agreements the SC stated that a notification under section 90(1) of Income tax is a “necessary and a mandatory†condition for a court, authority, or tribunal to give effect to a tax treaty that has the effect of altering existing provisions of law.
posted by 20th Oct 2023
Double Taxation Avoidance Agreements
In a significant ruling with respect to the Double Taxation Avoidance Agreements the SC stated that a notification under section 90(1) of Income tax is a “necessary and a mandatory†condition for a court, authority, or tribunal to give effect to a tax treaty that has the effect of altering existing provisions of law.
posted by 20th Oct 2023