This clarification by the tax department comes after many startups had raised concerns about receiving scrutiny notices for angel tax.
After two years of rapid economic growth in 2021 and 2022, the Indian economy has continued to show sustained strong growth during the 2023 calendar year.
According to industry insiders, high under-recoveries in effect dash the hopes of a cut in petrol and diesel prices, at least for the time being.
Abt Associates is a mission-driven, global leader in research and program implementation in the fields of health, social and environmental policy, and international development.
Analysts said the positive sentiment was fuelled by unabated inflow of foreign funds on the back of robust sentiment built up over favourable macroeconomic data in the previous week.
Foursquare allows consumers to check in at local businesses, to tell their friends where they like to go, and to post tips and photos.
Nayara Energy, which operates a 20 million tonne a year oil refinery at Vadinar in Gujarat, exported 4.57 million tonne of petroleum products including jet fuel, gasoil (diesel) and gasoline (petrol) between January-September 2023.
CONNECT-DOT is a start-up established to empower governments and businesses to prepare enterprise-wide strategy and bring customer-centric or citizen-centric organizational culture.
India is likely to grow 6-6.3 per cent in the current fiscal year ending March 31, 2024, Deloitte India said in its economic outlook, forecasting growth surpassing 7 per cent over the next two years if global uncertainties recede.
GoodGuide provides the world’s largest and most reliable source of information on health, environmental, and social impacts of consumer products.