NEW DELHI: Giving a relief to startups, the finance ministry has simplified the angel-tax assessment process under which any action would be taken against such entities only after approval of a supervisory officer.
Mumbai: The Indian rupee could find itself needing a short-term fix as a trade war between the US and China is showing signs of morphing into a currency war.
The Reserve Bank of India (RBI) cut its policy rate for the fourth consecutive policy review on August 7, nudging banks to pass on the benefit to borrowers.
NEW DELHI: India is considering allowing 100% foreign direct investment (FDI) in contract manufacturing to give a boost to manufacturing in the country along with foreign inflows.
Prime Minister Narendra Modi is now focusing on issues such as pushing up economic and to push growth rate to 8% as forecast by the Finance Minister Ms Nirmala Sitharaman in her maiden budget speech in parliament.
It always works, when you know what you’re doing