During the event, officials stressed the importance of moving informal businesses into the formal sector, explaining that registered companies gain better access to loans, government support ...

You have 500 million people using DPI, UPI as a way of life, and that idea, that way of thinking of how do you bring large population, especially the people who probably do not have access formal ...

Moreover, the TCCS confirmed that the New Tax Code, which came into effect in recent years, has succeeded in incentivizing formalization of economic activity—encouraging many businesses to transition ...

This reflects a much deeper issue: women are still excluded from high-value supply chains and the formal economy, remaining locked in low-profit sectors. Let’s be honest: most of our “entrepreneurial” ...

President Donald Trump was forced to backtrack on his sweeping tariff plans because of a 'fire sale' in the bond market which could have triggered economic meltdown. Alongside causing turmoil ...

Additionally, efforts are underway to integrate traditional food items from various districts into the formal economy, it said. The scheme has allocated a budget for training, toolkits, and skill ...

Sales in the global art market declined by 12% year-on-year in 2024 to an estimated $57.5 billion, according to the Art Market Report issued on Tuesday by Swiss bank UBS and Art Basel, following a ...

Yet, the report focuses solely on the short-term gains of fiscal consolidation without addressing the consequences of suffocating the formal economy. To be fair, there is some success on the ...

The rise is largely attributed to stronger inflows through formal channels ... This influx has offered a much-anticipated tonic to an economy under strain, with foreign exchange reserves under ...