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Chnages include the new TCS (tax collected at source) rule, special FD deadlines, new debit card rule and more. Here is a list of 7 money changes in October 2023.
India`s current account balance recorded a deficit of $23.9 billion (2.8 per cent of GDP) in Q1:2022-23, up from US$ 13.4 billion (1.5% of GDP) in Q4:2021-221 and a surplus of $6.6 billion (0.9% of GDP) a year ago [i.e., Q1:2021-22], the RBI said in a statement.
ED had conducted searches at various premises of OctaFX India Private Ltd and related concerns under the provisions of FEMA in the case of Illegal Online Forex Trading through International Brokers namely OctaFx Trading App and website www.octafx.com.
India's central bank is unlikely to extend a Friday deadline for businesses to set up an additional layer of security for consumers' credit card data.
The layoff move comes after SoftBank’s subsidiary the Vision Fund suffered a record $50 billion loss in the six months through June. SoftBank CEO Masayoshi Son’s faced huge losses in some of his tech bets.