Finance

Accion, which is non-profit microfinance institutions globally, has now revealed that its seed-stage investment initiative Accion Venture Lab is now adding around $33 Million to its initial capital pool, with the launch of a new $23 million fund, with additional funding of around $10 million from Accion.

MPower Financing has now secured $100 Million in the debt funding round from the Goldman Sachs as the education loans provider even aim to broaden its reach to students looking to study in the Canada and US.

Tax Rate: As Provided in Interim Budget 2019, Rebate u/s 87A worth ₹ 12,500 is available to Individuals having Net Total Income upto ₹ 5,00,000. Hence Individual having Income Below ₹ 5,00,000 are not required to Pay any Tax ( Though Basic Exemption is Still ₹ 2,50,000)

The Government has provided various incentives to any entity or person engaged in export of goods or services. One of such major incentive is issuance of duty credit scrip to any person engaged in Exports.