Category: Factly – Indian Economy

Source- This post on the Tax simplification measures for settling direct tax disputes has been created based on the article “Govt decriminalises late payment of TDS, to reduce litigation with Vivad se Vishwas scheme” published in “Indian Express” on 24 July 2024. Why in the news? The Union Budget proposes several tax simplification measures, including… Continue reading Tax simplification measures for settling direct tax disputes

Source- This post on “Government Takes Major Step Towards Digitising Agriculture” has been created based on the article “Govt takes a big leap towards digitising agriculture” published in “The Indian express” on 24th July, 2024. Why in news? Recently, Union Finance Minister Nirmala Sitharaman announced the rollout of Digital Public Infrastructure (DPI) for the agricultural sector.… Continue reading Government Takes Major Step Towards Digitising Agriculture

Source- This post on the Credit Guarantee Scheme for MSMEs has been created based on the article “Budget’s big MSME push: New credit rating mechanism for smaller units; Mudra loan limit hiked” published in “Indian Express” on 24 July 2024. Why in the news? Finance Minister Nirmala Sitharaman recently unveiled several key measures aimed at boosting… Continue reading Credit Guarantee Scheme for MSMEs

Source- This post on the Increase in India’s foreign currency assets (FCA)  has been created based on the article “Return on foreign currency assets doubles in two years” published in “The Indian Express” on 16 July 2024. Why in the news? The return on India’s foreign currency assets (FCA) has doubled over the past two… Continue reading Increase in India’s foreign currency assets (FCA)