Posts

Data centres will help create jobs: Nvidia CEO

Image
In the Budget, FM Nirmala Sitharaman had proposed to provide a tax holiday till 2047 to any foreign company providing cloud services to customers globally by using data centre services from India. It will, however, need to provide services to Indian customers through an Indian reseller entity. Officials said profits on the income from domestic economic activities will remain taxable as any other domestic company. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/pyzGhQW >
Post a Comment
Read more

Aadhaar cleanup drive: UIDAI deactivates over 2.5 crore IDs of deceased persons; move aims to curb fraud and misuse

Image
from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/JBlbi4r >
Post a Comment
Read more

UK-India FTA omits several key UK interests: House of Lords report

Image
The UK govt did not conclude a bilateral investment treaty, or arrangements in relation to legal services, new market access for financial services, or final arrangements for mutual recognition of professional qualifications, and India did not get “as much on the mobility issues as it would have liked”, the report says. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/TKlt1oI >
Post a Comment
Read more

Why Trump administration is still imposing 18% tariff on India - Explained

Image
The US will reduce tariffs on most Indian goods to 18% from 50% as part of a new trade agreement, aiming to address the large trade deficit. India has agreed to cut tariffs on a range of US products, including industrial goods, wine, and spirits, to zero. Sensitive Indian agriculture and dairy sectors remain protected under the deal. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/UPBY7r6 >
Post a Comment
Read more

Lower than Pakistan, China: In trade deal with US, India secures a favourable tariff rate

Image
With this deal, India bags a place among countries facing one of the lowest tariff rates from the Donald Trump administration. Incidentally, the 18% tariff rate is lower than Pakistan’s 19%, Indonesia’s 19%. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Au84s6R >
Post a Comment
Read more

SEZ domestic sales at concessional duty will boost import substitution and jobs, says commerce secretary

Image
from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/UNgJlOz >
Post a Comment
Read more

16th Finance Commission retains 41% tax share for states; pushes output-linked spending and fiscal discipline

Image
from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/RXr4zwQ >
Post a Comment
Read more