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RBI proposes Kisan credit card rule overhaul; seeks stakeholder views by March 6

The Reserve Bank of India (RBI) on Thursday issued draft directions to revise and consolidate guidelines on the Kisan Credit Card (KCC) scheme, aimed at expanding coverage, streamlining operational aspects and addressing emerging requirements in the agriculture sector.The central bank has invited comments and feedback on the draft guidelines from regulated entities, members of the…

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Budget 2026 for the investor: Time to fix the flawed tax design on share buybacks

For high-income taxpayers, buyback proceeds may now be taxed at slab rates up to 35.88%, despite the fact that the shareholder is surrendering and extinguishing their rights in the shares. (AI image) When the Finance Act, 2024 rewired the tax treatment of share buybacks, it upended a long-standing system that had—with all its imperfections—at least…

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Tech jobs: GCC sector may add up to 4 million jobs by FY30, faces tougher compliance norms in India, says report

India’s fast-growing Global Capability Centre (GCC) ecosystem — which already employs 1.9 million professionals — is set to create an additional 2.8 to 4 million jobs by FY30, according to a new report by TeamLease. But as expansion accelerates, the study warns, operators will face an increasingly complex regulatory and compliance environment, PTI reported.The report,…

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India-Jordan ties: PM Modi concludes landmark visit; thanks Crown Prince for airport farewell | India News

In a warm gesture, PM Modi hugs Crown Prince Al-Hussein bin Abdullah II (Image/X@narendramodi) NEW DELHI: Prime Minister Narendra Modi on Tuesday concluded his landmark two-day visit to Jordan, marking 75 years of diplomatic relations between the two countries. He thanked Crown Prince Al-Hussein bin Abdullah II for personally bidding him farewell at the airport,…

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