Revenue

The Karnataka government announces tax slab revisions for beer and IML, aiming to compete with neighbouring states. Excise services will be digitized, with fixed timelines for approvals. Excise revenue collection for 2023-24 reached Rs. 28,181 crore; a target of Rs. 38,525 crore is set for 2024-25.

During Karnataka Budget 2024, CM Siddaramaiah announces tunnel roads to ease traffic in Bengaluru, with an experimental tunnel at Hebbal Junction. Focus on tax reforms targets 6,000 crore rupees collection. Digitization enhances administrative efficiency. Infrastructure projects include road improvements and all-season roads along canals.

Paytm faces market turmoil as its shares plummet amidst regulatory scrutiny, potential license revocation, and a significant loss in market value, prompting caution among investors and eroding customer and partner trust.

Cisco has announced plans to lay off 5% of its global workforce as part of a company-wide restructuring, aiming to refocus on key priority areas like artificial intelligence (AI). The decision comes amidst declining revenue and a shift in strategic direction towards AI technologies

Paymart India introduces virtual ATM service, facilitating cash withdrawals from shopkeepers using smartphones, without traditional ATM or card PIN, especially beneficial in remote areas.

The distribution spanned various ministries and departments such as the Department of Revenue, Ministry of Home Affairs, Department of Higher Education, Department of Atomic Energy, Ministry of Defence, Department of Financial Services, Ministry of Health & Family Welfare, Ministry of Tribal Affairs, and Ministry of Railways.

This collaboration with Chennai Super Kings, the five-time Indian Premier League (IPL) champions, follows Etihad's recent appointment of Bollywood actor Katrina Kaif as its brand ambassador.

The Union Cabinet, chaired by Prime Minister Narendra Modi, approved a proposal for telecom spectrum auctions, allocating spectrum to successful bidders for telecom services. The auctions will cover various frequency bands, with a total of 10,523.15 MHz on offer at a reserve price of Rs 96,317.65 crore

From a soaring share price to a looming debt crisis, the journey of this once-venerable French company is a cautionary tale of ambition, missteps, and the unforgiving winds of change.

Through partnerships with prominent Indian travel companies such as MakeMyTrip, Thomas Cook, and Swisstours, Rail Europe has positioned itself as the preferred brand for European train bookings.

Hrithik Roshan and Deepika Padukone's 'Fighter' grossed Rs 175 crore in India in 11 days. On Sunday, February 4, the picture witnessed a significant increase in revenue.

Kerala Assembly unanimously passed a resolution against the Central government accusing it of financially strangulating the state. The Centre reduced Kerala's borrowing limit and slashed the revenue deficit grant.

The Interim Budget 2024, tailored with an eye on the impending Lok Sabha elections in 2024, underscored the government's confidence in its ability to secure victory for the third time in a row while maintaining a focus on reform-oriented policies.

The Tirumala Tirupati Devasthanam (TTD) Trust Board on Monday convened to approve the budget estimates for the fiscal year 2024-2025, marking a significant milestone as it crosses the Rs. 5,000 crore mark for the first time in its history.

Meanwhile, the revenue department has affirmed the vigilance findings indicating that Mathew Kuzhalnadan possesses an additional 50 cents of land in Chinnakanal on January 23.