Industry experts criticize the government for insufficient allocation of INR 200 crore for green hydrogen hubs. Clear framework and strategic aspects are missing in the guidelines for setting up the hubs under the National Green Hydrogen Mission.
Surcharge on income: Individuals having income(s) above Rs 50 lakh have to pay an additional tax known as surcharge . Budget 2023 made Surcharge rate applicable on the highest income slab to 25% from 37%. Abhishek Soni from Tax2Win says, "This move brought down the effective tax rate from 42.74% to 39%."
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The USD 8.5 billion merger between Reliance and Disney helped the overall deal activity in the March quarter of 2024 reach a nearly two-year high, a report said on Tuesday.
The overall number of transactions, including mergers and acquisitions and private equity investments, inched up to 427 from