Every salaried individual whose pay is beyond a particular income slab, needs to pay tax to the Government annually.Income tax is levied on the basis of a slab system. This means, different tax rates
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Global financial markets have been savaged on worries that major central banks' more aggressive interest rate hikes to fight decades-high inflation would tip world economies into recession.The recent
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The GST Council at its meeting next week is likely to be a stormy affair with the opposition-ruled states aggressively pushing for the continuation of compensation for revenue loss, while the Centr
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ITC released its annual report for FY22 the company highlighted that the recovery momentum, weakened in course of the year by new strains of the virus and an unprecedented spike in commodity prices d
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Business
India progressed on ‘reform, perform and transform’ path to come out of pandemic-led economic distress: PM Modi
Prime Minister Narendra Modi said India adopted the mantra of reform, perform and transform to drive the economy out of the pandemic-led economic distress. Speaking at the opening ceremony of the BR
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Business
Changing course of inflation trajectory to reach targeted level a priority at this stage: RBI policy meet minutes
All six members of the RBI rate-setting panel expressed their concerns over the current high inflation situation and emphasised on the need to change the course of price rise trajectory to reach targe
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