Category: Finance
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“Frozen Finances: Congress Faces ₹210 Crore Tax Demands Amidst Election Season Turmoil”
The Congress party made an announcement today stating that the bank accounts of the party, including those of the Youth Congress, have been frozen by the Income Tax department. This action has taken place weeks before the general elections are scheduled to be announced. Ajay Maken, the party spokesperson, expressed his concern over this move,…
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Paytm explained regarding the RBI order, outlining the impact on Paytm Users both presently & after Feb 29th.
Paytm has issued a response to the recent directive from the Reserve Bank of India, which entails a set of limitations on the company’s diverse range of services. This directive will have an impact on Paytm Wallets, Paytm FASTags, fund transfers, and other associated functionalities. Let us now explore the implications of these restrictions on…
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Budget 2024: Fiscal deficit estimates narrowed by FM Sitharaman; No changes in taxes, emphasis on affordable housing.
Key Highlights & Announcements of Union Budget 2024-25: Finance Minister Nirmala Sitharaman has confirmed that the current tax rates, including direct, indirect taxes, and export duties, will remain unchanged. Additionally, she has revealed a significant 11% increase in the capital expenditure outlay for the upcoming year, amounting to ₹11.1 lakh crore. During the announcement of…
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Railway Budget 2024 :- 40,000 Indian Railways Bogies Set to Transform into Vande Bharat Coaches, Announces Sitharaman !
The government has recently declared the initiation of three significant economic railway corridor programs in the Indian Railway Budget 2024. These programs are designed to improve logistics efficiency and minimize expenses. Stay updated with the latest developments in Rail Budget 2024-25. Railway Budget 2024 The Union Budget 2024-25 was presented by Finance Minister Nirmala Sitharaman…
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The Opposition expressed deep concern over the Union Budget 2024, labeling the rising Fiscal Deficit as a matter of utmost worry.
The Union Budget 2024 presented by Finance Minister Nirmala Sitharaman faced strong criticism from the Opposition on Thursday. They expressed their concerns over the fiscal deficit, which they found to be extremely worrisome. During the budget presentation in Parliament, Congress leader Manish Tewari addressed the media and highlighted the alarming nature of the fiscal deficit.…
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“Empowering Security: Unveiling the Budget 2024 with ₹6.2 Lakh Crore Allocated to Defense”
The interim budget for 2024, presented by Union Finance Minister Nirmala Sitharaman on February 1, witnessed a significant allocation of ₹6.2 lakh crore to the Defence sector. This allocation marks the highest sectoral allocation for the year. Additionally, Finance Minister Nirmala Sitharaman introduced a new scheme aimed at bolstering deep tech for the defence sector.…
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Budget 2024: Lakshadweep Tourism Boost and Unaltered Tax Slabs — Significant Declarations.
The significant announcements made thus far are being presented by Finance Minister Nirmala Sitharaman in the crucial interim Budget preceding the 2024 polls. Union Finance Minister Nirmala Sitharaman has captured the attention of the nation as she unveils the interim Budget for the year 2024, just before the significant Lok Sabha elections scheduled in a…
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Paytm’s shares experience a decline following the regulatory action taken by the RBI against the payments bank !
On Thursday, Paytm witnessed a significant decline in its market value as it was instructed by the RBI to cease its operations at Paytm Payments Bank. This resulted in a loss of one-fifth of its market value. New Delhi: Paytm, a digital payments company, experienced a significant decline in its market value on Thursday following…
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“Unraveling Governance, Development, and Performance with Nirmala Sitharaman’s Focus on GDP”
In her presentation of the Union Budget 2024, Nirmala Sitharaman highlighted the importance of enhancing the nation’s GDP. She also underscored the positive trends in governance, development, and the economy. During the presentation of the Union Budget 2024, Finance Minister Nirmala Sitharaman emphasized the importance of the country’s GDP. In addition, she highlighted the government’s…
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“The RBI’s Impact on Paytm’s Banking Operations”
Following an order from the RBI, Paytm Payments Bank is required to discontinue the acceptance of fresh deposits in its accounts or popular wallets starting from February 29, 2024. New Delhi: Paytm Payments Bank has been directed by the Reserve Bank of India (RBI) to cease accepting fresh deposits in its accounts or popular wallets…