Day: August 6, 2021

Lok Sabha passes bill to end all retrospective taxation

NEW DELHI: A bill that aims to end all retrospective taxation imposed on indirect transfer of Indian assets was passed by the Lok Sabha on Friday amidst continuous protests by opposition over the alleged snooping through the Pegasus spyware and other issues. When the ‘The Taxation Laws (Amendment) Bill, 2021′ would be passed by Rajya […]

RBI keeps policy rate unchanged for 7th time in a row; repo retained at 4 per cent

NEW DELHI: The Reserve Bank of India (RBI) on Friday decided to keep benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance as the economy is yet to recover from the impact of second COVID-19 wave. This is the seventh time in a row that the Monetary Policy Committee (MPC) headed […]

India invites Australian investors to tap opportunities in infrastructure sector

NEW DELHI: Insdia’s Finance Minister Nirmala Sitharaman on Thursday invited Australian investors to tap opportunities in India’s infrastructure sector which needs funding to the tune of Rs 111 lakh crore over five years. Australia is an important partner of India as a strong liberal democracy with shared diaspora and bilateral trade and investment. The bilateral […]

Back To Top