The Indian government in the 2023-24 Union Budget proposed to simplify the Know Your Customer (KYC) procedure by taking a risk-based approach rather than the current one-size-fits-all approach. Continue reading “Budget 2023: Indian Govt proposes simplified KYC process”
Indian government in the Union Budget 2023-24 proposed three centres of excellence for Artificial Intelligence to be set-up in top educational
institutions for the vision of “Make AI in India and Make AI work for India”. Continue reading “Budget 2023: India to set up 3 Centres of Excellence for AI”
Indian government in the Union Budget 2023-24 proposed to reduce the number of Basic Custom Duty (BCD) rates on goods, other than textiles and agriculture, from 21 to 13. Continue reading “Budget 2023: Mobile phones, TVs to get cheaper due to changes in customs duty”
