The MPC did its best, given that a rate cut was not feasible, by deploying other credit-enhancing steps for MSME and real estate The Monetary
Month: February 2020
Grandfathering option to provide relief to taxpayers: FM – The Hindu BusinessLine
Nirmala Sitharaman also hinted that there could be some ‘grandfathering option’ that could be made available to investors who have made long term investments, keeping
Demonetisation was a good move: Mohandas Pai – The Hindu BusinessLine
Changing behaviour of people brought down black money Mohandas Pai, a former Director and Chief Financial Officer of the software icon, Infosys, has hailed the
Not a full thali, only morsels for everyone – The Hindu BusinessLine
Invokes FRBM ‘escape clause’ to relax fiscal deficit target to 3.8% for FY20 and 3.5% for FY21 By the time Finance Minister Nirmala Sitharaman began
FM has rightly focussed on healthcare fundamentals – The Hindu BusinessLine
Healthcare as a sector is critical for nation-building in India from several perspectives. Firstly, it is the fifth largest sector in the economy, with a
Huge gap in India’s mental health budget – The Hindu BusinessLine
Despite the shortage of doctors and productivity loss caused by mental illness, the latest Budget has not increased the allocation for the National Mental Health
Budget 2020: Development for all – The Hindu BusinessLine
It covers financial, development concerns The Centre has not been bogged down by the resource constraints and has continued with its spending on infrastructure and
‘Charge of govt trimming food subsidy not true’ – The Hindu BusinessLine
Expenditure Secretary says funding pattern changed to remove crowding out effect on private sector Asserting that the Budget is expansionary in nature, Expenditure Secretary TV
Incomes of bonafide NRI workers in tax-free countries will not be taxed in India – The Hindu BusinessLine
Finance Ministry clarification on Budget residency provision calms nerves The Finance Ministry has issued a clarification that clears the air over a contentious anti-tax abuse
No one will be a loser in the new income-tax regime, says Revenue Secretary – The Hindu BusinessLine
‘New regime will benefit those who were not able to take advantage of exemptions’ Revenue Secretary Ajay Bhushan Pandey on Sunday made it clear that
‘Proposal to rationalise I-T structure can be a double-edged sword’ – The Hindu BusinessLine
The Budget proposal to rationalise the tax structure by giving the tax-payer the option to pay tax at reduced rates if deductions are not claimed,
Residency norms tightened for non-residents – The Hindu BusinessLine
In a setback for many non-resident Indians (NRIs) and not ordinarily resident (NOR) Indians, the Budget has tightened the norms on residency provisions. The intent
Dividend tax change: Who gains, who loses – The Hindu BusinessLine
PSUs and MNCs, who account for much of the dividend pool, may pay out more while promoter-controlled companies may skimp The Union Budget for 2020-21
GST’s ‘inverted’ logic on refunds – The Hindu BusinessLine
Denying refund on service inputs that go into a product and permitting refund only on the non-service component forces one to question the concept of
A Budget for reforms with continuity – The Hindu BusinessLine
Despite the long-run focus, and a relatively conservative Budget, there were many measures to reverse the slowdown The first full Budget of a newly elected
US pushing for trade deal that will hurt India – The Hindu BusinessLine
The US will get substantial access to the Indian market and compromise India’s position in future trade agreements When impunity becomes the order of the
The high cost of raising trade walls – The Hindu
In an economically interconnected and technologically inseparable world, India needs to have an open mind on trade India’s international trade posture appeared to turn protectionist
12% tax revenue growth achievable in 2020-21 fiscal: Revenue Secretary – The Hindu
12% tax revenue growth achievable in 2020-21 fiscal: Revenue Secretary The 2020-21 Budget has pegged gross tax revenues for 2020-21 at ₹24.23 lakh crore. A
Time is ripe for legislation containing compulsory ‘pre-litigation mediation’: CJI – The Economic Times
CJI Bobde said that the judges’ aim is to resolve a dispute, but the dissatisfaction in the outcome results in the hierarchy of the appeals
Budget 2020-2021: Measures to boost supply chain finance for MSMEs is well-intended – The Economic Times
By Arun Singh In India, over 81 million economic entities, excluding those involved in crop production, public administration and defense, are estimated to be operational. But
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