While nations like China, the US, and Singapore forge ahead with ambitious strategies, India risks being left in the dust, Wisdom Hatch founder Akshat Shrivastava warned in a recent post. “In China, even an average city outpaces Indian metros in infrastructure. In the US, the debate is about getting more meritorious people who can build … Read more
Finance minister Nirmala Sitharaman tackled criticism over taxation with a firm defense rooted in facts and personal understanding. Speaking on the challenges faced by the middle class, she outlined her government’s efforts to simplify taxes and ensure fairness. “I wish to do more, but there are limitations,” she was quoted as saying in an interview … Read more
Finance Minister Nirmala Sitharaman didn’t mince words when addressing middle-class taxpayers. Acknowledging their struggles, she outlined tax tweaks in last Budget aimed at putting more money in their pockets—without breaking the government’s bank. “I respect the issue of giving relief to the middle class. I wish to do more, but there are limitations in taxation. … Read more
Union Budget: The full Budget 2024, which was presented in July, brought about significant alterations to the taxation regulations governing mutual fund investments. Mutual funds are a popular choice of investment. During 2024, the cash reserves of mutual funds rose by Rs 70,081 crore, reaching Rs 1.80 lakh from Rs 1.10 lakh at the beginning … Read more