The Reserve Bank of India (RBI) has announced a 25 basis points cut in the repo rate, bringing it down to 6.25% at its first monetary policy meeting of 2025, held from February 5 to 7. Governor Sanjay Malhotra, leading his inaugural policy review, emphasized the need to support economic growth while keeping inflation in check. Economic Context: Growth vs. Inflation India’s economy is facing a delicate balancing act. While growth has slowed to a four-year low, inflation remains above the RBI’s comfort level of 4%. The rupee has weakened…
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Union Budget 2025 …
Finance Minister Nirmala Sitharaman is set to present the Union Budget 2025 today at 11:00 AM. This budget comes at a pivotal time, with India’s economic growth having slowed to a two-year low of 5.4%. The Economic Survey 2024-25, tabled in Parliament on January 31, 2025, projects GDP growth for FY 2025-26 to be between 6.3% and 6.8%. Key Expectations from the Budget: Income Tax Relief: The middle class is anticipating adjustments in income tax slabs to provide financial relief. Prime Minister Narendra Modi has invoked goddess Lakshmi to shower…
Read MoreBe cautious…Your Pan Card will be invalid from 1 July 2023…Check Pan-AADHAR link status
The linking of PAN (Permanent Account Number) with Aadhaar (Unique Identification Number) is mandatory for individuals in India. This requirement was introduced by the Indian government to curb tax evasion and ensure transparency in financial transactions. The government introduced this requirement to ensure transparency and prevent tax evasion. Currently 30 Jun 2023 is the last day to link your PAN & AADHAR. Here are we help to check the PAN & AADHAR link status and, if the not linked, then the process to link them. STEP 1 – To check…
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