Angel tax is imposed when an unlisted firm issues shares to an investor at a price higher than its fair market value (FMV).
Brokerage firm Motilal Oswal Financial Services also feels the stock can rise further after the company’s fundraising announcement.
State BJP chief D Purandeswari alleged that Finance Minister Buggana Rejendranath Reddy was misleading people with lies pertaining to the poor financial status of the state.
The review pointed to encouraging signs of economic activity, citing high-frequency indicators like record e-way bill generation and electronic toll collections.
The finance ministry also says that the concern over the drop in net household savings is unwarranted as the figures cited are ‘flow’ numbers or net additions in FY23.
The farmers will be provided financial aid in a special scheme from state projects
The Sri Lanka skipper said his team is ready to face India in the big final.
Having not won a multi-team tournament since September 2018, the Asia Cup final gives Rohit & Co. a chance get back to winning habit before World Cup.
A glance at India's trophy cabinet will reveal the uncomfortable truth of them not winning any titles in the last five years, and Sunday will be a good opportunity for them to snap that unhappy streak
Setting up of state-level benches of GSTAT would help businesses by way of faster dispute resolution.
Asian Games, known for bringing together elite athletes from across the continent, offers a platform to showcase the dedication and talent of athletes.
He said that the reduction in tax devolution, the end of GST compensation and the slashing of borrowing limit are the reasons for the present crisis and blamed the central government for it.
Kerala also calls for a balanced approach to off-budget operations by both the central and state governments, highlighting the need for consistent treatment in this regard.
Australia and Britain square off in Group B on Wednesday in Manchester.
Wealthy nations bear a disproportionate share of historical responsibility and their inadequate commitment to the G20 declaration would further worsen the situation.
The railway line will connect important religious and tourist destinations in Jajpur, Bhadrak and Kendrapara districts.
The summit observed the importance of MFIs in providing financial services to the poor and low-income households in rural and urban India with over seven crore borrowers benefitting from it.
Gift City has the potential to transform Kochi into one of the biggest financial centres in the country, say officials.
Loan apps lend money without documentation, but charge high interest rates, harass and blackmail to extort more from borrowers.
Kristalina Georgiev said in order to make the global economy resilient in a more shock-prone world, it is vital to reach an agreement to increase the IMF’s quota resources before the end of the year.