Corporate Tax Reduction, Historical Step: PM Modi
New Delhi: Prime Minister Narendra Modi has welcomed Finance Minister Nirmal Sitharaman’s decision to reduce corporate tax, calling it a step forward. After Finance Minister Nirmala Sita Raman announced the company’s tax reduction, Modi tweeted, “The company’s tax reduction is historic. This will give a tremendous boost to Make in India. Private investment will come …. Read More
Onion prices at the highest level in 4 years, Rs 50 per kg in Delhi!
New Delhi: All the steps taken by the government last June to curb onion prices have failed as the onion has started to tear into the eyes of the people of the country. The wholesale price of onion has risen to Rs 50 per kg in Azadpur market in Delhi, the highest level since 2015. …. Read More
Pakistan’s trade deficit was down 36 percent to $ 3.9 billion
Pakistan’s trade deficit is down 36 percent to $ 3.9 billion. During the first two months of this fiscal, exports to Pakistan decreased by 20% and imports registered a modest increase of 2.8%, which is why Pakistan’s trade deficit has decreased. Meanwhile, the value of the rupee declined by one-third, which is affecting the Pakistani …. Read More
RBI ban on PMC bank, account holders shocked
The Reserve Bank of India (RBI) on Tuesday banned any kind of trading transaction on the Punjab and Maharashtra Operating Bank Limited (PMC) in Mumbai. The RBI move has created a tremendous shock to the bank’s investors and the business community in the city. According to the RBI directive, account holders cannot withdraw more than …. Read More