European Trade Commissioner Maros Sefcovic on Friday said that the automotive sector should be at the centre of India and the EU partnership, as he addressed the 65th Annual Session of the Automotive Components Manufacturers Association of India here in New Delhi.
Finance Minister Nirmala Sitharaman condoled the demise of former Prime Minister Manmohan Singh saying he presented a milestone budget of 1991 which liberalised the Indian economy.
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.
In 2020, a parliamentary panel on Ministry of Commerce and Industry had recommended to explore prospects for permitting regulated Foreign Direct Investment (FDI) in the tobacco sector and establishing export-only tobacco farms to boost tobacco export.
"We have moved away from red tape to red carpet and liberalised Foreign Direct Investment flows. Initiatives like 'Make in India' and 'Atma Nirbhar Bharat' have given a boost to manufacturing. Above all, we have brought policy stability. We are committed to making India the third-largest
"The State Government has made considered decision to lift the suspension in case of Broadband service (ILL and FTTH) conditionally in a liberalised manner subject to fulfilment of the following terms and conditions and taking up with all possible safeguards," the Home Department said in a n
Pune (Maharashtra) [India], May 29: Bajaj Markets, a subsidiary of Bajaj Finserv, in partnership with the IndusInd Bank, now offers access to the IndusInd Bank Outward Remittances service. The Liberalised Remittance Scheme (LRS) facility allows individuals to send money abroad.
Amid the ongoing uncertainty on the issue of imposed Tax Collected at Source on the usage of international debit or credit cards during foreign travel, Rajya Sabha member Priyanka Chaturvedi wrote a letter to the Union finance minister Nirmala Sitharaman to consider scrapping or minimising s
The Ministry of Finance on Friday said it decided that any payments by an individual using their international debit or credit cards upto Rs seven lakh per financial year will be excluded from the RBI's Liberalised Remittance Scheme (LRS) limits and hence, will not attract any Tax Collected
Tax Collected at Source (TCS) for spending through international credit cards under RBI's Liberalised Remittance Scheme on overseas tour packages and any other remittance (such as for bonds, shares, and real estate gifts) will be exempted within the annual limits of USD 250,000, the governme
The Centre on Tuesday brought international credit card spending outside India under the Liberalised Remittance Scheme (LRS) and issued an explainer on Wednesday to clear any confusion