The oil and gas sector in Arab countries attracted 610 projects implemented by 356 foreign and Arab companies, with a total investment cost of USD 406 billion between January 2003 and May 2024
According to top government sources, the Waqf amendment bill is likely to be presented after the passage of the Finance Bill, likely this week. Before drafting the amendments, the government consulted various Muslim intellectuals and organisations to ensure comprehensive reforms.
Speaking on the suggestions by many Opposition members to reduce GST on health insurance premiums, Finance Minister Nirmala Sitharaman on Wednesday hit back at them stating that taxes were imposed on such items even before the GST regime came into effect in 2017.
The Lok Sabha has begun discussion on the Finance Bill after the Appropriation Bill for the central government's expenditure for 2024-25 was passed by the House on Monday.
Responding to the questions raised on the Finance Bill on Wednesday, Finance Minister Nirmala Sitharaman said that the government has brought in transformational changes in taxation to enable growth and employment in the country.
Finance Minister Nirmala Sitharaman, taking part in the discussion on the consideration and passing of Finance Bill 2024, observed that her government has been taking several decisions to provide relief to the middle class on the personal tax income front.
The Indian lifestyle market is expected to grow at 10 to 12 per cent CAGR to reach USD 210 billion over the next five years, observed a joint report by Bain & Company and Myntra.
The Indian Meteorological Department (IMD) in Himachal Pradesh has reported significant rainfall across the state, with Joginder Nagar in Mandi district experiencing the highest at 110 MM in 24 hours.
The Finance Bill for the financial year 2024-2025 which was moved by Union Finance Minister Nirmala Sitharaman on August 6, will be taken into consideration and passing in Lok Sabha on Wednesday.
Real estate industry leaders hailed the proposed amendment by Finance Minister Nirmala Sitharaman in the Finance Bill to give big relief on capital gains tax in property transactions.