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“In the backdrop of possible slowing down of the advanced economies of the world, high inflation and hardening of interest rates, Budget 2023, the first budget of Amrit Kaal, appears to be a well-crafted growth-oriented budget to promote overall economic activity in the country with emphasis on seven priorities (Saptarishis), thus touching all segments of the society; namely: higher CapEx allocation, measures to promote education and skilling youth, digitization and introduction of the new tax regime to boost consumption coupled with a roadmap to reduce the fiscal deficit.
We, welcome the proposals relating to the extension of the period of tax benefit to funds relocating to IFSC, GIFT City till 31.03.25, setting up of a single window IT system for ease of doing business, permission for acquisition financing GIFT IFSC banking units, etc. With these benefits, we Catalyst Trustees look forward to expanding and strengthening our operations in GIFT City.
On the whole, the Budget 2023 is seeking to strike balance between growth and stability”.
Bengaluru, May 05, 2024
Indian National Space Promotion and
Bengaluru, India – May 02, 2024 – Agora, Inc.
Gurugram, India – October 11, 2023: Samsung announced exciting offers
Bangalore, 10th October 2023: The Nokia G42 5G (16GB+256G
Dubai UAE, 10 May 2024 – 2XL Home, a
Lucknow, 9th May, 2024: Limelight Diamonds, India’s largest CVD diamond jewellery bra
Bengaluru, 8 May 2024: As Akshaya Tritiya approaches, the anticipation for new beginnings and prosperity fills the air.
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