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Economy - Angel One

New Income Tax Bill 2025: Crypto Considered Under Income From Other Sources

New Income Tax Bill 2025: Crypto Considered Under Income From Other Sources

14 February 2025

On Thursday, February 13, 2025, Finance Minister Nirmala Sitharaman presented the new Income Tax Bill, 2025, in the Lok Sabha as part of efforts to reform the tax system. The new Income Tax Bill aims to simplify and streamline provisions to enhance clarity and reduce the potential for legal disputes. This new legislation will replace …

PM Narendra Modi and President Donald Trump Meeting: Check Key Highlights

PM Narendra Modi and President Donald Trump Meeting: Check Key Highlights

14 February 2025

On Friday, February 14, 2025, at 5 AM, IST, Prime Minister Narendra Modi and newly elected US President Donald Trump concluded their bilateral meeting at the White House, discussing, defence, tariffs, immigration and other important matters. In this read, we will have a look at the key highlights of the bilateral meeting between Prime Minister …

MHI Strengthens EV Industry with New Schemes: PLI for Automobile Industry

MHI Strengthens EV Industry with New Schemes: PLI for Automobile Industry

14 February 2025

India’s electric vehicle (EV) landscape is undergoing a transformative shift, thanks to the implementation of several government initiatives designed to promote the adoption and manufacturing of EVs. These schemes are paving the way for a greener and more sustainable transportation future, fostering innovation, boosting domestic manufacturing, and addressing the growing need for clean energy solutions. …

Government Sanctions ₹3,295.76 Crore for 40 Tourism Development Projects

Government Sanctions ₹3,295.76 Crore for 40 Tourism Development Projects

14 February 2025

The Government of India has sanctioned a total of ₹3,295.76 crore for 40 tourism development projects across 23 states for the financial year 2024-25, under the ‘Special Assistance to States for Capital Investment (SASCI) – Development of Iconic Tourist Centres to Global Scale’ scheme. The goal of this initiative is to comprehensively develop iconic tourist …

Trump Announces ‘Reciprocal Tariffs’ Across The Globe: Here’s How It Will Impact India & Other Countries

Trump Announces ‘Reciprocal Tariffs’ Across The Globe: Here’s How It Will Impact India & Other Countries

14 February 2025

President Donald Trump on Thursday further disrupted the global trade system by announcing reciprocal tariffs on other nations, a move aimed at aligning US import tariffs with the tax rates imposed by other countries. Trump Declares Equal Tariffs on Imports Trump announced while speaking to reporters, stating that the US would match tariffs imposed by …

Namdhari Seeds Strengthens Global Presence with Axia’s US Seed Business

Namdhari Seeds Strengthens Global Presence with Axia’s US Seed Business

13 February 2025

Namdhari Seeds has taken a significant step in its global expansion by acquiring 100 per cent of Axia Vegetable Seeds’ open-field vegetable seed business. This strategic acquisition reinforces Namdhari Seeds’ presence in key international markets, including North America, South America, the Middle East, Africa, and Europe. With this move, the company aims to enhance its …

PM Modi Visits US to Meet Donald Trump: Tariff, Trade and Immigration Issues on the Agenda

PM Modi Visits US to Meet Donald Trump: Tariff, Trade and Immigration Issues on the Agenda

13 February 2025

Prime Minister Narendra Modi’s visit to the US for a high-stakes meeting with President Donald Trump is set to focus on key issues impacting both nations. From navigating trade negotiations amid the “America First” policy to addressing immigration concerns, the talks are expected to cover global issues like the Ukraine-Russia conflict and Israel-Gaza situation. Check …

New Income Tax Bill: Check How Is It Different From the Old Income Tax Law

New Income Tax Bill: Check How Is It Different From the Old Income Tax Law

13 February 2025

The newly introduced Income Tax Bill, which has been shared with Parliament members, seeks to replace the existing Income Tax Act of 1961 with the updated Income Tax Act, 2025. Spanning a total of 622 pages, this bill is set to be implemented starting April 1, 2026. It includes 23 chapters and 16 schedules. In …

RBI Liquidity Measures: Planning VRR of ₹2.5 Lakh in Banking System

RBI Liquidity Measures: Planning VRR of ₹2.5 Lakh in Banking System

13 February 2025

The Reserve Bank of India (RBI) was prepared to inject ₹2,50,000 crore into the banking system through its Variable Rate Repo (VRR) auction on Wednesday to improve liquidity. The central bank explained that the amount was determined after assessing current liquidity conditions. Additionally, the RBI announced that it would hold daily VRR auctions on all …

PM Surya Ghar Muft Bijli Yojana First Anniversary: How to Apply for Solar Panel​ in India?

PM Surya Ghar Muft Bijli Yojana First Anniversary: How to Apply for Solar Panel​ in India?

13 February 2025

Feb 13, 2025, marks the one-year anniversary of PM Surya Ghar: Muft Bijli Yojana (PMSGMBY). A year back, Prime Minister Narendra Modi launched this yojana to provide free electricity by facilitating the installation of rooftop solar panels. The scheme makes renewable energy more accessible and affordable by offering subsidies of up to 40% on rooftop …

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