Economy Grew Faster at 5.1% in Q4: Economists Reserve Bank of India (RBI) governor Shaktikanta Das on Wednesday indicated FY23 growth may have exceeded the official estimate of 7% on the back of strong growth momentum in the March quarter. Investors from 21 Nations Exempted from Angel Tax India exempted investments by non-resident entities such as sovereign wealth funds and pension funds from 21 countries from the so-called ‘angel tax’, leaving out Mauritius, Singapore, and UAE among others that account for significant equity inflow into the country.

Source: Economic Times May 26, 2023 19:16 UTC