Inclusion Financial News

More companies are tapping a reservoir of talent the tech industry has used to develop better artificial intelligence, cybersecurity and other products: the autistic. Microsoft, SAP, Salesforce and other tech giants have long had programs to recruit and retain employees whose brains process information in ways that aren’t typical. Now banks, retailers and others are recognizing the special skills of those with autism and other types of neurodivergence.

labourers and sanitation workers, who built new parliament building, have been invited to attend the swearing-in ceremony of Prime Minister-designate Narendra Modi and the new cabinet of ministers. Before the ceremony, BJP MP and former Social Justice and Empowerment minister Virendra Kumar felicitated the transgender community members at his residence while BJP MP and former Jal Shakti minister Gajendra Singh Shekhawat felicitated sanitation workers.

khaman flour, cannot be classified as chhatua or sattu and 18 per cent GST should be levied on them, the Gujarat Appellate Authority for Advance Ruling (GAAAR) has ruled. Gujarat-based Kitchen Express Overseas Ltd had approached the AAAR against the ruling by the GST advance authority, saying that its seven 'instant flour mixes' are not 'ready to eat' but are required to undergo certain cooking procedures and can be termed 'ready to cook'.

₹14,794 crore worth of Indian equities and the total outflow stands at ₹10,355 crore as of June 7, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL) data. The total debt inflows stand at ₹4,008 crore in the first week of June.

Narendra Modi's Union Cabinet, Hindustan Times reported citing sources.The report stated that the TDP is anticipated to secure one Cabinet minister post, along with two positions of ministers of state (MoS) in Modi's cabinet.However, it's worth noting that the party has advocated for four berths– two Cabinet minister posts and two MoS posts.Also Read: Chandrababu Naidu's son Nara Lokesh bats for Muslim reservation: ‘Social justice, not appeasement…’“Besides, there is a possibility of the party being offered the deputy speaker post," a party leader told HT on condition of anonymity.Meanwhile, News18 reported, citing sources, that the TDP and JDU are primarily focused on securing funds for their respective states, Andhra Pradesh and Bihar. Their priority lies in obtaining financial packages rather than seeking cabinet positions.Nitish Kumar-led JDU is reportedly interested in key ministries such as Railways, Agriculture, and Rural Development.

RBI) will continue to adopt a flexible approach in managing liquidity to maintain an orderly evolution of money market rates that affect cost of borrowing across the economy, governor Shaktikanta Das said on Friday.

Startup India launched in 2016, over 1,12,000 startups and 115-plus unicorns have emerged, valued at $350 bn (2024). Yet, as the new government is sworn in, there's more to be done.

monetary policy meeting, the Reserve Bank of India (RBI) announced the inclusion of recurring payments for Fastag, National Common Mobility Card (NCMC), etc. with auto-replenishment facility under the e-mandate framework.

MintGenie, Singh said that fintechs and NBFCs can play a considerable role in solving the credit accessibility and creditworthiness of SMEs and MSMEs.India’s micro, small, and medium enterprises (MSME) sector, the second largest in the world after China, is poised for significant growth in the future. The landscape for MSMEs is being shaped by various key trends in 2024, presenting both opportunities and challenges in a rapidly evolving business environment.

Chinese visa scam case: Delhi's Rouse Avenue Court has on June 6, granted “regular bail" to Congress leader Karti P Chidambaram in money laundering case, ANI reported.Earlier in April, Justice Kaveri Baweja, Special judge for Enforcement Directorate (ED) and Central Bureau of Investigation (CBI) cases had granted interim bail to three accused in the case on personal bonds of ₹1 lakh each, as per a PTI report. Track | Lok Sabha Election Results 2024 LIVE Updates hereThese included Chidambaram's former chartered accountant S Bhaskararaman, besides Vikas Makharia and Mansoor Siddiqi, it added.The ED has registered a money laundering case against Karti Chidambaram and other accused in the alleged scam pertaining to issuance of visa to 263 Chinese nationals in 2011 when his father and senior Congress leader P Chidambaram was the Union Home Minister.Also Read | Nitish Kumar's two-word advice to Narendra Modi at NDA meeting: ‘Jaldi Kijiye’As per the ED, the volume of the laundered money is yet to be established and the alleged payment of ₹50 lakh bribe, as mentioned in the CBl case, cannot be considered as the basis of the present case.The ED registered its case under the provisions of the Prevention of Money Laundering Act (PMLA) following an FIR lodged by the CBI in the same case.Chidambaram was latest in the news for defeating AIADMK's Xavierdass by a margin of 2,05,664 votes from Sivaganga Lok Sabha constituency in Tamil Nadu in the just concluded General Elections.Also Read | Bill Gates memoir 'Source Code' next year: Early years, nearly being kicked out of Harvard, Microsoft & more…Chidambaram won Sivaganga Lok Sabha seat with 4,27,677 votes on June 4.

Also read | New avatar likely for GST compensation cess There is also some relaxation for the taxman. Tax authorities will have three years to raise duty demands, as opposed to the two-year time limit prescribed in the existing excise law, said Jain. “This Bill may lead to a reduction in compliance burden, and provide a comprehensive legal framework better suited to the current economic landscape," said Jain.

I recently had a quick chat with a young friend of mine who works in the public sector and leans heavily left, so we often get into friendly but lively debates about tax and economic policy. The topic d’jour, of course, was the proposed capital gains inclusion rate increase.

Tether has invested $18.75 million in XREX Group to enhance cross-border payments and foster financial inclusion in emerging markets.

election outcome has come against the market and exit polls estimates. The focus will now be on government formation, analysis of the election verdict by political parties and recalibration of policies. It is likely that support for consumption at the bottom of the pyramid will be considered to create inclusive growth. The markets will take their time to analyse these developments.

NEW DELHI : Centre-state relations may be about to get a makeover. The resurgence of regional parties in the National Democratic Alliance (NDA) as also in the Congress-led Indian National Developmental Inclusive Alliance (INDIA), which rules several states, might lead to significant shifts in the dynamics between the Centre and states, experts said.

Netflix Games will release The Dragon Prince: Xadia on iOS and Android on July 30, 2024. This release coincides with the sixth season of The Dragon Prince series, premiering on July 26, 2024.

AAP) that failed to win even a single Lok Sabha seat in Delhi, its vote share registered an impressive increase of nearly six per cent as compared to 2019 polls while the winner BJP lost its polled votes by nearly two per cent as compared to 2019 polls, according to results announced on Tuesday. The Congress that failed to win any seat out of three contested by it in Delhi, lost its vote share by over three per cent as compared to 2019 Lok Sabha elections.

₹3 trillion from central excise in FY24, a bit lower than ₹3.19 trillion collected in the year before. The finance ministry said that the Central Board of Indirect Taxes and Customs (CBIC) has sought feedback on a draft Central Excise Bill, 2024 by 26 June as part of the pre-legislative consultative process. Considering the time of the release of the draft law for comments and the timeline for submission of comments, it appears this new bill might be introduced in the upcoming budget session, said Gunjan Prabhakaran, partner and leader of indirect tax at BDO India.“Once enacted, the Bill shall replace the Central Excise Act, 1944.

Sustainability in today’s world is more than just a fleeting phenomenon; it signifies enduring practices that can thrive over time and be embedded in our practices. The notion of smart cities carries immense potential to invigorate, include, and enhance urban life. The initiation of India’s smart city program is commendable as it marks the outset of a journey toward positive transformation and alleviate urban living standards.

₹5 lakh cashless Heath insurance facility to all senior citizens above the age of 75 years under its existing Ayushman Bharat scheme.For women, the support will come in the form of various schemes to provide financing opportunities to women entrepreneurs and start up promoters from banks.

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