Clipped from: https://www.thehindu.com/opinion/editorial/getting-back-on-track/article33721360.ece In times that call for deft stewardship of the economy, this year’s Budget is a starting point Finance Minister Nirmala Sitharaman made a
Day: February 2, 2021
Spending more to stimulate growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/spending-more-to-stimulate-growth/article33719861.ece?homepage=true An attempt has been made for a fiscal framework that is both credible and acceptable. But worries remain on fiscal deficit The current
Stricter rules for non-complaint taxpayers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/budget/budget-stricter-rules-for-non-complaint-taxpayers/article33727244.ece?homepage=true Will suffer a higher rate of tax deduction at source On one hand where the Finance Minister had proposed the easing of certain
About 23% of tax disputes amounting to ₹95,000 cr settled under ‘Vivad se Vishwas’: CBDT chairman – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/about-23-of-tax-disputes-amounting-to-95000-cr-settled-under-vivad-se-vishwas-cbdt-chairman/article33729697.ece?homepage=true A disputed amount of ₹95,000 crore has been settled by about 1.20 lakh entities who opted for the ‘Vivad se Vishwas’ scheme to
India to set up bad bank to manage record levels of soured debt |–BUDGET:– Business Standard News
Clipped from: https://www.business-standard.com/budget/article/budget-2021-govt-to-set-up-company-to-manage-record-levels-of-bad-debts-121020100785_1.html The firm will hold problem loans for banks, which can then be sold on to investors at a reduced price, according to plans
Trust in financial system will rise if promises implemented well | BUDGET: –Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/budget-trust-in-financial-system-will-rise-if-promises-implemented-well-121020200028_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 The writing is on the wall. The next investment product to lose the unwarranted tax exemption will in all likelihood be traditional life
Like performance of Cheteshwar Pujara, Budget 2021 is brave and stable | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/like-performance-of-cheteshwar-pujara-budget-2021-is-brave-and-stable-121020102025_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Long-term investment in infrastructure by Sovereign Wealth Funds and Pension Funds will also receive a boost owing to certain relaxations Like the performance
Priority & challenge of Budget 2021: Job-creation, boosting consumption | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/priority-challenge-of-budget-2021-job-creation-boosting-consumption-121020101923_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Looking at the announcements, the perception is one of a choice made towards efficiency and pragmatism rather than aiming for the spectacular Considering
Budget a fine balance between prudent spending, incentives to woo capital | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/budget-a-fine-balance-between-prudent-spending-incentives-to-woo-capital-121020101992_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 The FM’s speech boosted sentiments through announcement of anticipated reforms like infra funding through a new DFI, ‘bad bank’-type structure for resolution of
It’s getting better over time: FM cuts Budget speech short this year | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/it-s-getting-better-over-time-fm-cuts-budget-speech-short-this-year-121020200029_1.html There has been less fudging with the revised estimates (RE) of 2020-21. Finance Minister Nirmala Sitharaman’s Budget speech was better than last year’s. It concluded
Budget marks a change of course | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/budget-marks-a-change-of-course-121020200083_1.html There is progress on ideological front, but will this suffice in generating private investment? The main puzzle of economic policy today is the
Investors have little to complain | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/investors-have-little-to-complain-121020200077_1.html The government shows its intent to continue with reforms As I write this article, markets in India are euphoric, up more than 4.5 per cent.
All parties in Amazon-Future dispute should maintain status quo: Delhi HC | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/all-parties-in-amazon-future-dispute-should-maintain-status-quo-delhi-hc-121020201349_1.html India’s Future Group needs to maintain status quo with respect to its $3.4 billion retail assets deal, the Delhi High Court said on
Proper monetisation of assets can wipe off Budget deficits | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/proper-monetisation-of-assets-can-wipe-off-budget-deficits-121020200040_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 Refreshingly, both in healthcare and infrastructure, the FM has talked about a plan that stretches well beyond a year. Along with education, these
Reform within status quo | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/reform-within-status-quo-121020200082_1.html The finance minister has worked hard to present a Budget that has boosted sentiment If you cut to the chase, little has changed
Shekhar Gupta: Finally, a BJP Budget | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/shekhar-gupta-finally-a-bjp-budget-121020200088_1.html The ones so far were all Congress+ to Congress+++ This year’s Budget marks the first big shift in India’s political economy in 30
Two, not three, cheers are enough for FM Sitharaman’s Budget 2021 | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/two-not-three-cheers-are-enough-for-fm-sitharaman-s-budget-2021-121020102001_1.html After 51 years of bank nationalisation, the government has finally admitted that it should not be in the business of running all public
It’s business as usual | BUDGET 2021:–Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/budget-2021-it-s-business-as-usual-121020200075_1.html There are several welcome standalone reforms but these do not add up to a coherent strategy to achieve a $5 trillion economy The
Why pharma stocks are underperforming despite Rs 2.23 trn Budget allocation | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/why-pharma-stocks-are-underperforming-despite-rs-2-23-trn-budget-allocation-121020200620_1.html Much of the increase in this year’s Budget allocation for health and well-being is attributed to expenditure set aside for Covid-19 vaccination Union
A post-contraction Budget with a difference | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-post-contraction-budget-with-a-difference-121020200085_1.html Those who were expecting a stimulus package through higher revenue expenditure in the Budget will surely be deeply disappointed All the past Union