Hyderabad’s Young Entrepreneurs Association (YEA) Unveils INR 5 Cr Startup Fund to Empower Startups

The Young Entrepreneurs Association (YEA) based in Hyderabad has taken a significant step forward by introducing a fresh startup fund with an initial fund size of INR 5 Crores. This…

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I live in Canada as an NRI. In India, my ancestors’ property is being sold. How can I reduce my tax burden?

Mrinal Mitra, a Non-Resident Indian (NRI) residing in Canada, recently informed us that he expects to receive approximately Rs 15 lakh from the sale of his ancestral home in Kolkata.…

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Pune Metro Expansion Gathers Momentum: PMRDA to Conduct Financial Feasibility Study for Lines 4 and 5

The Pune Metropolitan Region Development Authority (PMRDA) is making significant progress in the expansion of the Pune Metro network. With approval from the Pune Municipal Corporation (PMC) to proceed with…

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Indian Government Initiates Comprehensive Action Plan to Foster Startup Investments

The Indian government has embarked on a comprehensive action plan aimed at augmenting investments in startups. This strategic initiative builds upon the foundation of the seven-year-old Startup India program and…

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Government Receives Over 28 Applications for Semiconductor DLI Scheme

The Indian government's Design Linked Incentive (DLI) Scheme for semiconductors has garnered significant interest, with over 28 proposals received from various companies, including startups. The Minister of State for Electronics…

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Fixed Deposit vs. Public Provident Fund: In September, 29 banks offered FD interest rates that were greater than PPF rates.

As of September 2023, several banks are offering fixed deposit interest rates higher than the Public Provident Fund (PPF) rate of 7.1%. While PPF provides guaranteed returns and tax advantages,…

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Due to suspicions of Rs 200 crore in tax avoidance, the Income Tax Department searched Lux Industries’ facilities in Kolkata.

Lux Industries has confirmed reports that the Income Tax department is conducting searches at its Kolkata premises. The company stated that it is fully cooperating with the authorities during the…

Continue ReadingDue to suspicions of Rs 200 crore in tax avoidance, the Income Tax Department searched Lux Industries’ facilities in Kolkata.

Thane Bullet Train Depot uses Japanese Shinkansen standards for the Mumbai-Ahmedabad Bullet Train Project. Learn about the main characteristics, the design, and the status

The Thane depot, located in Thane, Maharashtra, is a crucial element of the Mumbai-Ahmedabad bullet train project, covering a total distance of 508 kilometers, with 153 kilometers falling within Maharashtra.…

Continue ReadingThane Bullet Train Depot uses Japanese Shinkansen standards for the Mumbai-Ahmedabad Bullet Train Project. Learn about the main characteristics, the design, and the status

Karnataka HC Suggests Reasoned Twitter Takedown Orders to Prevent Unnecessary Publicity

The Karnataka High Court has offered insights into the ongoing dispute between the Indian government and social media platform X (formerly Twitter) regarding content takedown orders. The court noted that…

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