Economy Grew Faster at 5.1% in This autumn: Economists
Reserve Bank of India (RBI) governor Shaktikanta Das on Wednesday indicated FY23 progress might have exceeded the official estimate of seven% on the again of sturdy progress momentum within the March quarter.
Investors from 21 Nations Exempted from Angel Tax
India exempted investments by non-resident entities resembling sovereign wealth funds and pension funds from 21 nations from the so-called ‘angel tax’, leaving out Mauritius, Singapore, and UAE amongst others that account for important fairness influx into the nation.
DoT Won’t Give 5G Spectrum to Enterprises for Private Network
The Department of Telecommunications (DoT) has determined in opposition to giving spectrum on to enterprises for captive personal networks, snubbing firms resembling Infosys, Larsen & Toubro, Tata Power and GMR, which have been calling for allocation of airwaves with out auctions.
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