CBDT Clarifies: Not All Indians Require Tax Clearance Certificate for Inter...
New Delhi, August 20, 2024— The Central Board of Direct Taxes (CBDT) has clarified that not all Indian citizens are required to obtain an Income-Tax Clearance Certificate (ITCC) before traveling abroad, addressing widespread confusion following recent amendments to the Income-tax Act, 1961.In a... read more »
Udyam Registration Benefits MSMEs Across India: A Detailed Insight
Introduction:The Udyam Registration has become a cornerstone for Micro, Small, and Medium Enterprises (MSMEs) in India, providing access to numerous government-backed schemes that foster business growth and sustainability. As of December 29, 2021, the total registered MSMEs had surged to 63.4... read more »
Elon Musk’s Support for Trump Drives Tesla Customers Away; EV Sales Drop Be...
In a surprising turn of events, Tesla, the world’s leading electric vehicle (EV) manufacturer, has seen a significant decline in its market share, with EV sales dropping below 50% for the first time in recent years. This decline is reportedly linked to Elon Musk’s vocal support for former... read more »
Groq Secures $640M Funding, Valued at $2.8B, to Challenge NVIDIA in AI Chip...
In a significant development in the AI chip industry, Groq, a Silicon Valley-based startup, has raised $640 million in a Series D funding round, valuing the company at $2.8 billion. The funding round was led by BlackRock Private Equity Partners and saw participation from existing and new... read more »
