NEW DELHI: The proposed levy of 1 per cent TDS on e-commerce transactions announced in the recent Budget may seem like a harmless ‘papercut’ but could impact working capital of small
Month: February 2020
direct tax target: Will meet FY20 direct tax target of Rs 11.7 lakh cr: Mody – The Economic Times
NEW DELHI: The tax department will meet the revised direct tax target of Rs 11.7 lakh crore in the ongoing financial year, Central Board of Direct Taxes (CBDT) chairman PC Mody said, owing
After PMC Bank scam, cabinet clears amendment to banking laws to strengthen cooperative banks – The Financial Express
The proposed law seeks to enforce banking regulation guidelines of the RBI in cooperative banks, In order to protect interest of depositors, the Union Cabinet
Economy not just govt’s responsibility, it is yours too; FM Sitharaman tells private sector – The Financial Express
Stating that the government has done whatever little it could do to spur growth, FM Sitharaman said that the government is ready to do even
Budget 2020 is indeed a ‘bold’ Budget; you cannot fault Sitharaman here | Business Standard Column
Nirmala Sitharaman’s second Budget has produced the usual grumble that it’s not ‘bold’. But hard as I have tried, I have not been able to
If Kuber wants to give, then you must keep doors open: Economic affairs secretary – Times of India
Economic affairs secretary Atanu Chakraborty expects the new flow of overseas money into government securities to reduce interest rates in the system. In an interview with TOI’s
Urbanise fast for high growth: India’s land policies are at the bottom of its economy failing to take off–Times of India
Rapid urbanisation is a key feature of economies that have sustained 8-10% growth for two to three decades. In South Korea, urban population as a
Nirmala Sitharaman’s Union Budget 2020 took no bold steps for economy–Indian Express
Ahead of the Budget, Prime Minister Narendra Modi had met a range of people — economists, analysts and industrialists — to understand why the economy was choking and
Budget should have focused on creating a pool of domestic savings–Indian Express
It is surprising that the budget chose not to incentivise household savings which could have been used for financing long-term projects In an attempt to
Union Budget has no immediate measures to stimulate the economy–Indian Express
A marathon speech was tiring enough to listen to — and, visibly exhausting to deliver. (Illustration by C R Sasikumar) Finance Minister Nirmala Sitharaman had an unenviable
ठेवीदारांना धक्का – -महाराष्ट्र टाइम्स
ठेवीदारांना धक्का केंद्रीय अर्थसंकल्पातील तरतुदींतील तपशील स्पष्ट होत जात असताना त्याचे नागरिकांच्या आर्थिक भवितव्यावर होणारे परिणामही ठळकपणे समोर येऊ लागले आहेत. अल्पबचत योजनांना भांडवली बाजाराशी
India’s GDP is pretty low; V-shaped turnaround unlikely: Uday Kotak–Business Today
In an interview with Business Today‘s Anand Adhikari, Uday Kotak, MD & CEO of the fastest growing private sector bank Kotak Mahindra Bank talks about the structural changes that are
Govt clarifies 10% TDS applicable on dividend payment only, not on capital gains–Business Today
TDS on mutual funds was applicable for only NRI investors or NRIs so far Mutual fund income over Rs 5,000 will be subject to 10
India to face challenge in achieving FY21 fiscal deficit target: Moody’s–Business Today
Moody’s Investors Service says said any immediate strengthening in India’s public finances is unlikely as pressure on growth persists Days after Modi government narrowed the Budget 2020-21
Budget 2020: Not all can switch back to old system once moved to new tax regime–Business Today
Individual tax payers will be able to choose between old tax regime and new tax regime Individual income tax payers will be free to choose
Union Budget 2020: Tax experts not satisfied with govt’s clarification on NRI tax–Business Today
There continues to be a state of confusion over the NRI Tax The government’s clarification on the budget provision related to non-resident Indian (NRI) tax
CBIC extends due dates for filing GSTR-9 and GSTR-9C to February 5 and 7–Business Today
GSTR-9, GSTR-9C filing dates: The Central Board of Indirect Taxes & Customs (CBIC) took to Twitter on Monday to announce the new dates for for
Disinvestment receipts will be used to develop infrastructure for country, says FM Nirmala Sitharaman
FM Nirmala Sitharaman said when the government puts money infrastructure, it has a cascading effect and give rise to economic activity Finance Minister Nirmala Sitharaman on Monday
Budget 2020 makes govt’s off-budget financing more transparent–Business Today
In Budget 2020, Finance Minister Nirmala Sitharaman tries to clear web of confusion by disclosing quantum of borrowings that are not part of government financial
Budget 2020: FM Nirmala Sitharaman should make taxpayer-friendly announcements like pre-filled ITR forms–Business Today
Budget 2020: Taxpayers expect a helping hand as far as filing tax returns are concerned Budget 2020: Finance minister Nirmala Sitharaman in her budget speech of 2019-20, quoted the
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