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Data released Thursday indicated India’s sustained economic momentum at the start of the new fiscal year, with goods and services tax (GST) collection growing at a rapid clip in May as manufacturing activity hit a 31-month high in the month. Vehicle and fuel sales backed up the trend.
India will focus on creating a supportive ecosystem for semiconductor manufacturing in the country first, and not only on fabrication units, according to union technology, railways, and telecom minister Ashwini Vaishnaw.
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1Sending money abroad for education? Pay 20% TCS from July 1 if you don’t do this
2ITR filing: Online ITR2 form for FY2022-23 (AY 2023-24) available on income tax department’s e-filing portal
3ITR filing for FY 2022-23: Which income tax return form applies to you
4TDS on online games winnings: How companies will deduct tax as per CBDT guidelines
5Tax exemption limit on leave encashment increased to Rs 25 lakh for non-government salaried employees
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