India now home to more than 1.4 lakh startups: Union Minister

IANS | July 26, 2024 6:25 PM

New Delhi, July 26 (IANS) India now has more than 1.4 lakh startups, as the government continues to nurture innovation and encourage investments in the ecosystem, Union Minister of State for Commerce and Industry, Jitin Prasada, informed on Friday.

India's business activity surges to 3-month high in July

IANS | July 25, 2024 3:33 PM

New Delhi, July 25 (IANS) India's business activity accelerated to a three-month high in July as the services sector surged and manufacturing picked up momentum leading to companies hiring at the fastest pace in 18 years, according to the latest HSBC's survey.

Indexation removal on real estate won't hike tax burden, has limited impact

IANS | July 25, 2024 10:51 AM

New Delhi, July 25 (IANS) Amid the growing chatter over the removal of indexation benefit in the long-term capital gain (LTCG) calculation, Finance Minister Nirmala Sitharaman has reiterated that the move is not a “revenue-raising measure” and will not lead to a higher tax burden on real estate transactions.