Budget 2025: Parliament's Budget Session To Begin On Jan. 31
Budget 2025: Tax-Free Bonds And Who Should Invest In Them — Explained
Stock Of The Day: Vodafone Idea Tops Rs 10 For First Time Since October On AGR Waiver Hopes
Budget 2025: Government Might Introduce New Income Tax Bill In Budget Session
Budget 2025: Microfinance Institutions Ask For Additional Fund Infusion
Budget 2025 And Income Tax: Section 24b To Section 80C, Key Deductions Available On Home Loans
ICRA anticipates a balanced approach in budget 2025-26, prioritising fiscal consolidation while also pushing for infrastructure and manufacturing growth.
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PM Internship Scheme: Phase 1 Of Pilot Scheme Draws 280 Companies, Says Nirmala Sitharaman
ITC Hotels Ltd., the hotel arm of ITC Ltd., will list before the budget day, according to people aware of the development.
ITC Hotels was demerged as a separate entity with effect from Jan. 1, 2025, and is supposed to list within 60 days. The record and ex-date for the demerger was Jan. 6, 2025.
On Jan. 6, through a special pre-open session, the hotel assets of ITC were demerged from the cigarette major. The demerged portion was valued at Rs 26 per share and continues to remain dormant along with ITC on nearly 60 indices including the benchmark NSE Nifty 50 and BSE Sensex 30.
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Budget 2025: ICRA Expects Balancing Act Between Growth, Fiscal Consolidation
Ahead of the Union Budget, the hospitality industry wants the government to support growth through targeted measures, said Rajesh Magow, co-founder and Group CEO of MakeMyTrip.
Key demands include granting long-awaited industry status to attract investments, allowing GST credit for hotel construction, and rationalizing GST rates to lower accommodation costs. These steps could boost domestic tourism and enhance inbound travel. Additionally, the sector hopes for resource allocation to bolster the "Incredible India" campaign on an international scale.