Moody’s ups India’s 2024 GDP growth forecast to 7.2% on strong growth News

Moody’s Ratings boosted India’s GDP growth forecast to 7.2% for 2024 and 6.6% for 2025, highlighting solid growth and moderating inflation as key factors. The update also notes improvements in corporate balance sheets, rural demand and digital infrastructure investments, signalling a robust economic outlook for the country. The ratings agency noted that growth could exceed […]

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New TDS Rate on Rent from 1st October 2024 – Section 194IB

The Union Budget 2024 introduced several changes to the tax structure, TDS Rates and TCS Rates, one of which pertains to the Tax Deducted at Source (TDS) on rent payments. Specifically, the TDS rate under Section 194-IB has been revised from 5% to 2%, effective from 1st October 2024. Understanding Section 194-IB of the Income […]

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Top 10 Fastest Growing Major Economies in the World 2024: India Beats US, China in This Ranking! Check List

Top 10 Fastest Growing Major Economies in The World 2024: Top 10 fastest growing major economies 2024: Which are the top 10 fastest growing major economies in the world? This is one ranking in which India beats the United States of America and China! For the purpose of arriving at the list of the fastest […]

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