The rate hike, the Fed’s 11th in its last 12 meetings, set the benchmark overnight interest rate in the 5.25%-5.50% range, and the accompanying policy statement left the door open to another increase.
The new income tax law will be easier to understand, free of outdated provisions, and aims to encourage taxpayers to switch to the new regime
Budget’s tax proposals and incentives for GIFT City are expected to attract international investors and fund managers by extending tax concessions until 2030. This will
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