Clipped from: https://economictimes.indiatimes.com/markets/expert-view/fm-nirmala-sitharaman-reveals-rationale-explains-walking-tightrope-on-budget/articleshow/89326824.cms SECTIONS FM Nirmala Sitharaman reveals rationale, explains walking tightrope on Budget By Navika Kumar ,Last Updated: Feb 03, 2022, 08:33 PM IST Synopsis
Day: February 9, 2022
Govt borrowings unlikely to crowd out private sector, says finance secretary TV Somanathan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-borrowings-unlikely-to-crowd-out-private-sector-says-finance-secretary-tv-somanathan/articleshow/89333892.cms Synopsis Finance minister Nirmala Sitharaman pegged the government’s gross borrowing for FY23 at Rs 14.9 lakh crore, compared with a downward revised Rs
Is there another tax amnesty scheme? – The Economic Times
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
Capex boost essential to crowd in private investment and kickstart virtuous cycle: Sanjeev Sanyal – The Economic Times
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
Why India may clock a consistently higher GDP growth rate of more than 9% – The Economic Times
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
Crypto exchanges to brief policymakers on TDS tangles – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/crypto-exchanges-to-brief-policymakers-on-tds-tangles/articleshow/89372406.cms Synopsis According to the provisions of this year’s finance bill, the buyer of a cryptocurrency has to deduct 1% of the sale consideration
Budget 2022 lays the groundwork for private investment revival in the economy – The Economic Times
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
digital rupee: Why India’s plan to launch a digital rupee needs more thought, less haste – The Economic Times
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
Budget capex not as high as it sounds: Crisil Research – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/budget-capex-not-as-high-as-it-sounds-crisil-research/articleshow/89450001.cms Synopsis The research wing of the agency said, if one excludes the Rs 1 lakh crore of loans to states for capex included
GoI is putting a spotlight on infrastructure-led growth. But how soon will this crowd in private investments? – The Economic Times
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
Nirmala Sitharaman is right to gamble on growth. But she should know it’s a gamble – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-nirmala-sitharaman-is-right-to-gamble-on-growth-but-she-should-know-its-a-gamble/articleshow/89437360.cms Synopsis All good things must end. Inflation is now rising everywhere (almost 7% in the US). To check prices, the Fed may raise
Will cryptos be goods or money under GST framework?
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-will-cryptos-be-goods-or-money-under-gst-framework/articleshow/89437444.cms Synopsis Given that cryptocurrencies can arguably meet the criterion of being ‘moveable property’, they could well qualify as ‘goods’ under the Central Goods
BharatPe affair raises some fundamental questions regarding the role of boards and internal audit in startups – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/viewthe-bharatpe-affair-raises-some-fundamental-questions-regarding-the-role-of-boards-and-internal-audit-in-startups/articleshow/89437594.cms Synopsis Beneath the trimmings lie discomforting aspects — family members in key business roles, alleged siphoning of money, a toxic work culture
Around 6.17 crore ITRs, 19 lakh audit reports filed on new I-T portal, says CBDT – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/around-6-17-crore-itrs-19-lakh-audit-reports-filed-on-new-i-t-portal-says-cbdt/2427820/ The government had in January extended till March 15 the deadline for corporates to file income tax returns for the fiscal ended March
Budget 2022 Highlights: Top Highlights of budget 2022-23–ECONOMIC TIMES
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/union-budget-2022-speech-highlights-will-sitharaman-live-up-to-indias-expectations/articleshow/89261195.cms Finance minister Nirmala Sitharaman presented the Union Budget 2022, the fourth budget of Modi 2.0, on Tuesday. There were a host of measures for a number
Budget Key Takeaways: 25 key takeaways from Nirmala Sitharaman’s fourth Budget – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/20-key-takeaways-from-nirmala-sitharamans-fourth-budget/articleshow/89271689.cms Synopsis Finance minister Nirmala Sitharaman pledged to spend more to fire up the key engines of growth in Asia’s third-largest economy as it
Budget 2022: What do the Budget 2022 numbers tell us? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/what-do-the-budget-2022-numbers-tell-us/articleshow/89271720.cms Synopsis The FM has managed to strike a healthy balance between promoting growth through boost to public and private investments while maintaining fiscal
Taxes: Budget 2022: For every rupee in govt coffer, 58 paise to come from taxes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/budget-2022-for-every-rupee-in-govt-coffer-58-paise-to-come-from-taxes/articleshow/89271476.cms Synopsis For every rupee in the government coffer, 58 paise will come from direct and indirect taxes, 35 paise from borrowings and other
Formal roadmap for informal sector -Budget: Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/budget-formal-roadmap-for-informal-sector/articleshow/89284787.cms?utm_medium=referral&utm_campaign=iOSapp&utm_source=email Finance minister Nirmala Sitharaman NEW DELHI: With the pandemic putting the spotlight on migrant workers, finance minister Nirmala Sitharaman on Tuesday said the
Income Tax Return: Happy belated returns from I-T dept, but only if you pay up the extra tax | India Business News – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/happy-belated-returns-from-i-t-dept-but-only-if-you-pay-up-the-extra-tax/articleshow/89284549.cms?utm_medium=referral&utm_campaign=iOSapp&utm_source=email Representative photo: PTI Worried that the taxman will come after you for not reporting your rent income or not including interest from your