Finance Minister Nirmala Sitharaman stated that the income tax rebate in the Budget would benefit the Indian economy. The rebate has increased, allowing individuals to save more money, which could enhance the economy. The Budget also emphasizes rural prosperity, urban workers, and key sector reforms.
Sebi permits use of mutual funds for IAs, RAs deposit compliance
Sebi has allowed investment advisers and research analysts to use liquid mutual funds and overnight mutual funds for meeting their mandatory deposit requirements, providing an
August 13, 2025