Today's Top Financial News 20.08.25 | #myfintax #chronicles

🗞MYFINTAX CHRONICLES 🗓20.08.2025

Stay ahead with your daily dose of the latest finance news with MYFINTAX CHRONICLES! Get the latest upd@Meta AI ates on economic outlook, legal developments, banking and finance, investments and innovation, financial markets, corporate watch, international affairs, and tax and compliances.

Full form of Abbreviations used:-

🔍 GENERAL TERMS

FY25 – Financial Year 2024–2025
SC – Supreme Court
I-T Department – Income Tax Department
bps – Basis Points (1 bps = 0.01%)
HC – High Court
VC – Venture Capital
USD – United States Dollar

🏦 BANKING & FINANCE

RBI – Reserve Bank of India
NBFC – Non-Banking Financial Company
ICICI – Industrial Credit and Investment Corporation of India
HDFC – Housing Development Finance Corporation
SIP – Systematic Investment Plan
SEBI – Securities and Exchange Board of India
ESOPs – Employee Stock Ownership Plans

💼 CORPORATE & COMPLIANCE

GIFT – Gujarat International Finance Tec-City
IFSC – International Financial Services Centre
FMCG – Fast-Moving Consumer Goods
SP Group – Shapoorji Pallonji Group
ED – Enforcement Directorate
RBI – Reserve Bank of India
MUDA – Mysuru Urban Development Authority

🌐 INTERNATIONAL AFFAIRS

WTO – World Trade Organization
US – United States
AI – Artificial Intelligence

🚀 INVESTMENTS & STARTUPS

QSR – Quick Service Restaurant
D2C – Direct-to-Consumer
IndiaAI – Indian Artificial Intelligence (Mission by Government of India)

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