Day: February 8, 2022

Clipped from: https://economictimes.indiatimes.com/wealth/tax/budget-2022-cryptocurrency-tax-rules-leave-little-on-table-for-investors-6-ways-crypto-investors-will-be-impacted/articleshow/89363091.cms SynopsisWhen experts looked into the fine print and investors understood the full implications of the rules, it became clear that the tax rules

Clipped from: https://economictimes.indiatimes.com/wealth/tax/tax-on-profits-from-cryptocurrency-is-now-very-high-is-that-a-good-thing-a-bad-thing-or-nothing/articleshow/89364085.cms SynopsisIf one is to believe the news, then people who are involved with crypto trading in any way, are actually happy with the

Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/digital-lending-is-the-future-for-msmes-here-why/articleshow/89397784.cms Synopsis With the pandemic providing renewed impetus to MSMEs to digitalize and formalize, proprietors are becoming increasingly comfortable with having their business needs

Clipped from: https://economictimes.indiatimes.com/news/economy/finance/indias-plan-to-launch-a-digital-rupee-needs-more-thought-less-haste/articleshow/89417599.cms Synopsis A digital rupee will be like banknotes, but minus the ATMs. Users will be able to transfer purchasing power from their deposit

Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-budget-2022-lays-the-groundwork-for-private-investment-revival-in-the-economy/articleshow/89398131.cms Synopsis Budget 2022 continues to focus on strong capital formation in the economy and puts in place an incentive structure to stimulate private

Clipped from: https://economictimes.indiatimes.com/news/economy/policy/goi-is-putting-a-spotlight-on-infrastructure-led-growth-but-how-soon-will-this-crowd-in-private-investments/articleshow/89372095.cms Synopsis It was a bit of a surprise when Finance Minister Nirmala Sitharaman’s Budget 2022 did not take the usual route of handouts

Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/why-india-may-clock-a-consistently-higher-gdp-growth-rate-of-more-than-9/articleshow/89358307.cms Synopsis Alongside including several steps to improve the ease of doing business in India, the finance minister announced policy measures to make dispute

Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/capex-boost-essential-to-crowd-in-private-investment-and-kickstart-virtuous-cycle-sanjeev-sanyal/articleshow/89357969.cms Synopsis Sanyal says India is talking to central banks and finance ministries around the world about regulating crypto assets as these can’t be

Clipped from: https://economictimes.indiatimes.com/news/economy/finance/budget-2022-is-there-another-tax-amnesty-scheme/articleshow/89358090.cms Synopsis To find a way around, governments usually announce an “income-tax amnesty scheme” whereby tax defaulters are given the opportunity to declare their

Clipped from: https://economictimes.indiatimes.com/small-biz/entrepreneurship/thumbs-up-to-the-25-year-vision-of-the-finance-minister-fine-print-holds-the-key/articleshow/89345983.cms Synopsis Mainstreaming of digital currencies is a strategic move that can potentially help India push its trade and fiscal dominance around the SAARC

Clipped from: https://economictimes.indiatimes.com/news/economy/policy/blockchain-cryptocurrencies-and-budgetary-regulations/articleshow/89344503.cms Synopsis Whichever way the crypto regulations go, principles of DeFi have been considered in India, and as far as the tax rate is

Clipped from: https://indianexpress.com/article/opinion/columns/what-the-economy-needed-from-this-years-budget-7761506/ Himanshu writes: Expenditure on social welfare, agriculture and rural infrastructure is the best strategy in an economy struggling with low demand and investment

Clipped from: https://indianexpress.com/article/opinion/columns/no-work-no-welfare-only-wealth-union-budget-unemployment-7758805/ P Chidambaram writes: The gravest economic challenge facing India — a young nation where the median age is 28.43 years — is unemployment.

Clipped from: https://indianexpress.com/article/opinion/columns/a-budget-that-overlooks-real-needs-7757560/ A R Vasavi writes: Budget 2022 has little to offer farmers and other citizens in rural India Workers harvest pea at a farm

Clipped from: https://www.deccanherald.com/business/union-budget/2-in-3-indians-believe-union-budget-2022-will-have-positive-impact-on-economy-survey-1078408.html Among the host of announcements, the decision to tax sales of digital assets has caught some serious attention Although many citizens had pinned

Clipped from: https://www.financialexpress.com/market/govt-cancels-rs-24000-crore-bond-auction-this-week-citing-cash-position-as-yields-soar-to-near-6-9/2428178/ The cancellation comes after the benchmark 10-year bond yields surged to 6.87% on Friday, before rising to as high as 6.95% in the

Clipped from: https://www.financialexpress.com/money/govt-move-to-tax-cryptos-will-bring-legitimacy-to-industry-coindcxs-ashish-singhal-and-sumit-gupta/2428024/ Sumit Gupta: Regulation of crypto is pending but the government’s move to tax it gives it some form of legitimacy. The point on

Clipped from: https://www.financialexpress.com/budget/budget-boosters-how-hike-in-capex-translates-to-investor-benefits/2427883/ The increased capex by the government will have a multiplier effect on the economy and bring about more private sector activity in infrastructure

Clipped from: https://www.thehindu.com/business/public-borrowing-wont-crowd-out-private-investment-fm/article38393694.ece Finance Minister Nirmala Sitharaman urged industry to step up investments and expand capacities, noting that worries about high public capital spending and borrowings