Budget 2024: Thrust on spiritual travel to enhance Leave Travel Allowance
Thu, Feb 1, 2024 1:54 PM

Budget 2024: Thrust on spiritual travel to enhance Leave Travel Allowance

A Flip by Avya Verma
Get it on Google Play
The Indian government encourages spiritual tourism and plans to develop tourist centers with interest-free loans. Taxpayers can utilize their leave travel allowance for domestic trips with family, but must keep proof of expenses and limit claims to airfare or first-class train fare. Failure to provide documents may result in penalties for tax evasion.

More great flips

New Zealand central bank paints grim economic outlook

New Zealand central bank paints grim economic outlook

New Zealand's central bank warns of rising unemployment, delayed business investment, and subdued global growth, citing a bleak economic picture with reduced demand and lower profitability, but notes the country's financial system remains resilient with banks prepared to handle potential loan defaults.

Open Flip
Citi and Fidelity Announce Tokenized Money Market Fund Launch at Singapore

Citi and Fidelity Announce Tokenized Money Market Fund Launch at Singapore

Citi and Fidelity International unveil a proof-of-concept tokenized money market fund, set to debut at the Singapore FinTech Festival, which embeds foreign exchange swaps within the blockchain, promising transparency, efficiency, and instant redeemability, and paving the way for decentralized finance integrations.

Open Flip
China's No 2 EV charging provider joins Schneider to tackle European market

China's No 2 EV charging provider joins Schneider to tackle European market

StarCharge, China's second-largest provider of charging equipment for electric vehicles (EVs), is stepping up its overseas expansion plans amid rising tensions in Europe over tariffs on Chinese-made cars. The company signed an agreement with French group Schneider Electric to form a venture in Europe to drive the electrification of the continent's automotive industry, a company official said.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon