According to reports, while Musk is expected to disclose an investment amount for India, he may refrain from providing specific details such as a timeline or where the plant will be constructed.
The solar project would be able to generate a total of 14.4 megawatt of power.
The tech industry was expected to create about 60,000 new jobs in FY24.
The FAME scheme by Indian government has been replaced with the new EMPS scheme for the next 4 months, And the sales of electric 2 wheelers has fallen in April 2024, exceeding the numbers in past.
If you deposit more than Rs 1 lakh in cash at a single go towards your credit card bills, the Income Tax Department may send you a notice. Not only this, if you pay a credit card bill of more than Rs 10 lakh in cash in a financial year, then you will have to disclose the source of such funds.
Equity funds and a range of other funds contributed to a 35% year-on-year expansion in the mutual fund industry's assets under management during the fiscal year 2023-24.
Ahead of Musk's visit to India in the upcoming weeks, the government has also notified new foreign direct investment limits for satellite related activities, thereby enabling foreign investors to ramp up their investments in this sector.
According to information provided in the exchange filing, the tax demand notice is for the four-year period, with the previous demand of ₹11.5 crore being revised to ₹2.5 crore.
According to Geo News report, Sindh High Court has asked the Pakistan government to lift this ban within a week, or else the court will be compelled to take action on the next date, which is May 9th, 2024.