Economy News

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

Minimum Support Prices (MSP)

The Cabinet Committee on Economic Affairs has increased the minimum support prices for all Rabi crops for the financial year 2024-25. The increase. The increase for, the major rabi crop is rupees 150 per quintal and the new price will be rupees 2,275.

posted by 19th Oct 2023