Searched for
CENTRAL TAXES POOL
RBI not in favour of offshore settlement for sovereign bonds: ReportIndia's central bank, the RBI, is opting against direct settlement of government securities via offshore platforms like Euroclear. Instead,...
RBI not in favour of offshore settlement for government securities, sources sayThe RBI is steering clear of offshore settlement for government securities, preferring foreign investors to trade directly on the domestic ...
India's bond tax exemptions set to boost foreign debt inflows and global index inclusion bidIndia is turning heads in the financial world by scrapping taxes on foreign investments in government bonds. This groundbreaking change aim...
From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...
What steps India has taken to stem pressure on its external balance of paymentsIndia is taking steps to manage its currency's decline. Higher duties on gold and silver imports are in place. Import rules for silver have...
Strong backing, but light touch: What is the RBI's rupee playbook?The Reserve Bank of India will let the rupee's value be set by the market. It will only step in if trading becomes too unstable. Simultaneo...
Open MSP procurement, storage to private sector: StarAgri CEOStarAgri CEO Amith Agarwal advocates a bigger private-sector role in MSP procurement and storage to boost efficiency, warehousing capacity,...
Behind the petrol pump: Why fuel retailers losing Rs 7-8 per litre need $85 crude oil to stop bleeding cashOil companies face continued losses of Rs 7-8 per litre on petrol and diesel, with a breakeven point only at crude prices of $85-87 a barre...
Punjab FM Cheema urges Centre to share RBI’s ‘extraordinary’ dividend with statesPunjab's Finance Minister Harpal Singh Cheema calls for sharing the Reserve Bank of India's large dividend with states. He warns that takin...
Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...
South Korea’s radical 'AI dividend' proposal: A bold future or a market nightmare?South Korea is discussing sharing the wealth generated by artificial intelligence. A government official suggested distributing AI profits,...
Buying a commercial rental property for income vs investing in REITsInvesting in Indian commercial real estate is changing. Direct property ownership requires significant capital and offers limited liquidity...
When the acquisition looks great but the footnote doesn't: How Indian managements turn deals into balance-sheet fictionAcquisitions are among corporate finance’s most celebrated events. But the harder story usually emerges later, when the accounting begins t...
Inside China’s ‘Magic’ factories: The tech playbook India can’t ignoreChina's state-of-the-art factories reflect its commitment to innovation, backed by robust research and development initiatives. This enviro...
Stocks in news: ICICI Pru Life, Anand Rathi Share, LIC, Vedanta, HALMarkets experienced volatility, declining nearly 1% due to weak global cues, with analysts emphasizing the critical support level of 23,500...
Union Budget 2026: Centre aims at retaining states’ tax share at 41% for 2026–31Union Budget 2026" The Budget proposes to maintain states' share of central taxes at 41 percent for the next five years. This aligns with F...
Boosting Delhi's revenue key concern due to declining central funds: Finance minister Kailash GahlotWhile presenting the budget in the Assembly on Wednesday, Gahlot had claimed that Delhi was being provided Rs 325 crore as its share in the...
'Tax share of states in central pool should be revised to 50%'Rajasthan Chief Minister Vasundhara Raje said the share of states in Central taxes should be revised to 50 per cent from 32 per cent.
- States must stand on their own feet
States are once again demanding that their share in the divisible pool of central taxes be raised from the current 30.5% to 40-50%.
- Goa wants divisible pool of central taxes to be raised to 45%
Goa Chief Minister Manohar Parrikar suggested to the Twelfth Finance Commission(TFC) that the divisible pool of central taxes be raised to ...