Finance

India signs $200m loan for expanding urban services in Rajasthan

The Government of India and the Asian Development Bank (ADB) today signed a $200 million loan as additional financing for the ongoing Rajasthan Secondary Towns Development Sector Project to expand water supply and sanitation systems and enhance urban resilience and heritage living in selected towns. […]

Foreign Relations

ADB & India sign $141.12 m loan for industrial development

The tax exemption on leave encashment of non-government salaried employees (in respect of the period of earned leave at his credit at the time of his retirement, whether on superannuation or otherwise) was earlier up to a limit of Rs.3 lakh only under section 10(10AA)(ii) of the Income-tax Act,1961(the Act). […]