New Delhi, Mar 18 (KNN) The government has clarified that there is no specific legal definition of High Net Worth Individuals (HNIs) under the Income-tax Act, 1961, with taxation of individuals based on income slabs regardless of the source of income. Minister of State for Finance Pankaj Chaudhary said incomeContinue Reading
New Delhi, Mar 10 (KNN) Minister of State for Ministry of Micro, Small and Medium Enterprises, Shobha Karandlaje, informed Parliament that more than 3.07 crore women-led enterprises have been registered on the Udyam Registration Portal and Udyam Assist Platform as of February 28, 2026. Credit Support and Financial Incentives ToContinue Reading
New Delhi, Mar 17 (KNN) Delayed payments continue to pose a major challenge for micro and small enterprises, affecting their working capital and overall viability, the government informed the Rajya Sabha. Minister of State for MSME Shobha Karandlaje said delayed payments remain a key concern impacting the growth ofContinue Reading
New Delhi, Mar 18 (KNN) India is expected to remain the world’s fifth largest economy in FY 2026–27, with overtaking Japan proving challenging in the near term, Chief Economic Advisor V Anantha Nageswaran told a Parliamentary panel. According to a report tabled by the Standing Committee on Finance, NageswaranContinue Reading
