In order to make the exemption less personal income tax regime, Finance Minister Nirmala Sitharaman on Wednesday enhanced the rebate limit to ₹7 lakh in the new tax regime.
“I have five major announcements to make in this regard. These primarily benefit our hard-working middle class,” she said.
“Currently, those with income up to ₹5 lakh do not pay any income tax in both old and new tax regimes. I propose to increase the rebate limit to ₹7 lakh in the new tax regime,” she added.
NTPC is the first central public sector enterprise (CPSE) to list its subsidiary, NTPC Green Energy, on the stock exchanges, says Gurdeep Singh.
The ₹10,000-crore capital raised from fresh equities will be “predominantly used” for capacity additions, says Jaikumar Srinivasan, Director Finance, NTPC & NTPC Green Energy.
NTPC Green currently has a 3,300 MW capacity and aims to achieve 6,000 MW by March next year, says Gurdeep Singh, chairman and managing director.
She said the government is fully aware of the macro economic challenges being faced on the back of domestic and global factors.
NTPC is the first central public sector enterprise (CPSE) to list its subsidiary, NTPC Green Energy, on the stock exchanges, says Gurdeep Singh.
The ₹10,000-crore capital raised from fresh equities will be “predominantly used” for capacity additions, says Jaikumar Srinivasan, Director Finance, NTPC & NTPC Green Energy.
NTPC Green currently has a 3,300 MW capacity and aims to achieve 6,000 MW by March next year, says Gurdeep Singh, chairman and managing director.
She said the government is fully aware of the macro economic challenges being faced on the back of domestic and global factors.
