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Nasscom has asked for ESOP tax deferment to be extended to all DPIIT-recognised startups and it should not be limited to just the ones certified by the Inter-Ministerial Board.
Amazon is pushing SmartBiz, a free tool for Indian sellers to build websites. While this risks losing marketplace commissions and ad revenue, it secures Amazon’s role as the logistics and payment provider for the growing D2C sector.
Asian Paints is poised for a steady December quarter performance, with volume growth expected to improve. While margins are set to expand due to lower raw material costs, revenue growth will be moderated by weak pricing and a challenging demand environment. The B2B segment is anticipated to provide support.
File photo of Finance Minister Nirmala Sitharaman at the Parliament before announcing the budget in 2025.
India's burgeoning private space sector urges the government to boost public procurement and recognize space assets as critical infrastructure. This move aims to unlock financing, reduce capital costs, and accelerate the growth of domestic companies in satellites, launch vehicles, and data services, positioning India as a global space leader.
Domestic travel continued to lead long-weekend demand, contributing to approximately two-thirds of total bookings, according to expert
Global shares mostly declined on Monday, as in Asia, Japan's benchmark took a tumble after the yen surged against the US dollar.
Us market at open.
Finance minister Nirmala Sitharaman's upcoming Union Budget is anticipated to bring significant tax reforms and a customs duty overhaul. Focus is also on economic growth support amidst global uncertainty and a clear strategy to lower India's debt-to-GDP ratio. Taxpayers hope for income tax relief, while businesses seek clarity on the new tax regime.
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