Category: Economy Concepts
Share of Gold in India’s Forex Reserves
Share of gold in India’s forex reserves doubles in four years, central bank report shows
Trademark
Hyderabad’s Osmania University (OU) Arts College building has officially become the third building in India to receive trademark registration for its exterior design.
Tax Collected at Source
Income Tax department has recently notified list of luxury items on which taxpayers will have to pay 1% Tax Collected at Source.
Advance Pricing Agreements
CBDT signed the highest number of Advance Pricing Agreements in a financial year
India’s Remittances
Remittances to India from advanced economies surpass Gulf inflows: RBI
Anti-Dumping Duty
India has recently imposed an anti-dumping duty on water treatment chemicals from China and Japan.
Open Market Operations
RBI announces over USD 21 Billion Liquidity Infusion to support growth through OMOs and Swap auction
Capital Account Convertibility
Arvind Panagariya, Chairman of the 16th Finance Commission, emphasized that India should not rush into full capital account convertibility at its current per capita income level.
Currency Swap Agreement
RBI plans $10 billion dollar-Re swap to improve liquidity.
Income Tax Bill 2025
The Income Tax Bill, 2025, proposes the introduction of a ‘Tax Year’ concept, replacing the current Assessment Year, with the goal of streamlining tax reporting.