Central Board of Direct Taxes Chairman P C Mody said the govt will soon issue a clarification on the increase in tax rate on foreign portfolio investors.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
China’s wage rate has gone up eight fold in the last fifteen years. Not an overnight disruption like President Trump’s trade war. India – like an S 400 system tracking an incoming missile – ought to have seen this happening in real time, frame by frame, and prepared for the inevitable shift of low value manufacturing out of China. Enough time to encash the opportunity, as Vietnam and Bangladesh have. India also has the potential to be present in the higher end of the value chain. Niti Aayog should have been at the heart of this intellectual exercise, working with India Inc.
China’s wage rate has gone up eight fold in the last fifteen years. Not an overnight disruption like President Trump’s trade war. India – like an S 400 system tracking an incoming missile – ought to have seen this happening in real time, frame by frame, and prepared for the inevitable shift of low value manufacturing out of China. Enough time to encash the opportunity, as Vietnam and Bangladesh have. India also has the potential to be present in the higher end of the value chain. Niti Aayog should have been at the heart of this intellectual exercise, working with India Inc.