Days after the Maldives Monetary Authority (MMA) sent a warning letter to the Finance Ministry warning about exhausting usable reserves of the country, the state's usable dollar reserves have actually run out, reported Adhadhu,
In a major relief for the Indian start-up ecosystem, during the budget speech, the Finance Minister announced that “angel tax” for all classes of investors has been abolished.
The interim budget will take care of the financial needs of the intervening period until a government is formed after the Lok Sabha polls. A full budget will be presented by the new government.
The initiative is being launched to commemorate 'Azadi Ka Amrit Mahotsav'. "One-time new small saving scheme under 'Mahila Samman Saving Certificate' will be made available up till March 2025.