The finance ministry’s pre-Budget meetings will run from October 10 to November 11, covering key ministries. Effective October 1, changes include the discontinuation of Aadhaar for PAN and ITR, higher Securities Transaction Tax, and revised TDS rates. The Direct Tax Vivad Se Vishwas Scheme seeks to settle pending tax disputes.
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RBI sold $20 billion forex in November, ‘room to sell $138 billion more’
- staff
- January 19, 2025
- 0
In November, the RBI sold $20 billion from its forex reserves to stabilize the rupee. Nomura observes that the central bank has sold $89.4 billion […]