The 2020-21 Union Budget is on expected lines, as far as key parameters are concerned. Fiscal deficit as a percentage of GDP has gone up
NEW DELHI: Finance minister Nirmala Sitharaman on Sunday said that there is no intention to tax global income of NRIs and only income generated in India will be taxed.
It was a poised and graceful FM, who drove to the Parliament, and gave exhilarating expectations showing a year’s future wrapped in a red folder,
The main thing about the interim report of the 15th Finance Commission (FFComm) is not that it has marginally lowered the share of the states
The current provisions of the Income Tax Act, provide for a 25-30% Corporate tax on the company, and when such company distributes the profits remaining
Against a backdrop of declining economic growth and limited room for fiscal expansion to stimulate the economy, the finance minister has delivered a reasonably sound
The government has asked the Reserve Bank of India to consider extending the loan restructuring scheme for micro, small and medium enterprises (MSMEs) by one
In a move which would further tighten the noose on those committing frauds under the Goods and Services Tax (GST) regime, the Union Budget for 2020-21 has
The Budget 2020-21 announced an ambitious disinvestment agenda, aiming to raise Rs 2.1 lakh crore through stake sales next year, including plans to sell part of the
In a major relief to bank depositors, the government has proposed to increase deposit insurance cover from Rs 1 lakh to Rs 5 lakh. The
From the next financial year, high-income earners will have to pay income tax for their contribution to the provident fund, superannuation fund and National Pension
The Union Budget of 2020-21 has chosen to hide the above reality with the average growth rate for the 2014-19 period, the narrowing of trade
The real negatives in the Budget have to do with raising customs duty on a host of items, from dairy and footwear to household appliances,
As the government projected a revival of growth, we take a look at the figures that define the Indian economy – GDP growth rate, inflation, fiscal
One way to understand the budget presented on Saturday is to focus on three key themes — the fiscal deficit, tax, and expenditure. The estimates
The newly proposed income tax regime lacks clarity, admitted Finance Minister Nirmala Sitharaman in her candid interview a day after she presented the Union Budget.
For the non-salaried such as businessmen and professionals, however, the old regime will be beneficial for if their annual income is upto Rs 7.5 lakh,
Going by the market reaction Budget 2020 was a disaster. Let me start by saying it was not as bad as the market reaction. The
Indian equity markets fell sharply on the last day of the extended week to close at 4-month low after the Union Budget presented on 1st Feb (Saturday) disappointed
ज्यांनी पाठिंबा दिला, त्यांचीच उपेक्षा करण्याचे मोदी सरकारचे कसब ताज्या अर्थसंकल्पातही दिसून येते.. अर्थसंकल्पबाह्य़ बरेच काही करायचे. त्यामुळे नवे काही करायला अर्थसंकल्पात वित्तीय उसंत नाही.