Cutting Income tax Rate: Is Government in Dilemma?
Economy

Cutting Income tax Rate: Is Government in Dilemma?

In September 2019, when the government decided to slash corporate tax rate to 15% for new companies, it gave rise to speculation about a reduction in Personal Income Tax (PIT), which was raised to 42.7% for High Net Worth Individuals (HNIs) in the last budget. However, recently, the government has virtually ruled out any possibility of a tax cut.

Continue Reading about 8 months ago
What is the future of Steel Industry in India?
Economy

What is the future of Steel Industry in India?

Steel Industry is the backbone of the Indian Economy. While the government of India has always taken concrete measures to make the industry competitive, the industry is often found amidst a plethora of challenges.

Continue Reading about 8 months ago
Sovereign Gold Bond Scheme: Benefits and Features
Investing

Sovereign Gold Bond Scheme: Benefits and Features

Sovereign Gold Bond is an initiative by the Government of India that was started in November 2015. It is a scheme that was started under the Gold Monetization initiative by the government. The sovereign gold bonds are an excellent substitute for investment in the real physical gold. RBI issues these bonds on behalf of the government of India. There are plenty of advantages you get by investing in this scheme.

Continue Reading about 1 years ago