The Reserve Bank of India (RBI) has retained India’s growth rate at 7.2% for FY23. India’s economic growth slowed last quarter, hit by global supply shortages and higher input costs. Shaktikanta Das said the forecast of normal south-west monsoon should boost kharif sowing and agricultural output, which will in turn […]
3 income tax amendments to Budget 2022 to take note of
The Government tabled certain amendments to Budget 2022 in the Lok Sabha today. The budget was originally presented on 1st February 2022. Following public and expert feedback, the Government generally introduces amendments in its budget proposals and these were introduced in the Lok Sabha today. According to tax experts, there […]
New COVID-19 cases in India jump to highest in over 3 months
According to data released on June 8 by the Union Health Ministry, daily coronavirus infections in India surpassed 5,000 for the first time in 93 days, bringing the total number of COVID-19 cases to 4,31,90,282, with 28,857 active cases. In a 24-hour period, 5,233 infections were registered, while the death […]