Day: February 9, 2022

Clipped from: https://timesofindia.indiatimes.com/business/india-business/india-says-crypto-not-illegal-as-its-taxed-like-gambling-win/articleshow/89296398.cms?utm_medium=referral&utm_campaign=iOSapp&utm_source=email NEW DELHI: The government said it doesn’t treat trading in crypto assets as illegal, a day after it announced taxing such transactions just the same

lipped from: https://timesofindia.indiatimes.com/business/india-business/cryptic-signs-tax-on-e-assets-opens-gateway-to-brave-new-virtual-world/articleshow/89284751.cms?utm_medium=referral&utm_campaign=iOSapp&utm_source=email It may not sound logical, but cryptocurrency prices rose in response to the Union Budget’s imposition of a 30% tax on income earned from transfer

Clipped from: https://www.deccanherald.com/opinion/budget-2022-infra-at-the-cost-of-welfare-1077109.html In a balancing act of growth and fiscal consolidation, the government has put all its eggs in the infrastructure basket at the cost of social welfare

Clipped from: https://www.deccanherald.com/opinion/first-edit/union-budget-2022-reality-intrudes-in-2047-vision-1077176.html Urgent needs of poor, middle class unaddressed Union Finance Minister Nirmala Sitharaman presents the Union Budget 2022-23 in the Lok Sabha, at Parliament.

Clipped from: https://www.deccanherald.com/business/union-budget/crypto-not-illegal-will-be-taxed-like-gambling-win-says-finance-secy-1077409.html After years of dilly-dallying on cryptocurrencies, the Budget proposed taxing income from the transfer of virtual assets at 30% Finance Secretary T V Somanathan. Credit:

Clipped from: https://www.deccanherald.com/business/union-budget/indias-growth-budget-sparks-concerns-on-inflation-tighter-rates-1077365.html ‘The longer RBI waits to normalise, the more markets will lose the confidence in RBI’s ability to control inflation and inflation expectations’ Representative

Clipped from: https://www.deccanherald.com/business/union-budget/budget-2022-robust-policy-changes-with-muted-tax-proposals-1077311.html This Budget accorded little importance to tax proposals, while addressing only some expectations Representative image. Credit: iStock Photo Union Budget 2022 was presented

Clipped from: https://indianexpress.com/article/opinion/columns/the-budget-2022-has-ignored-the-poor-7753859/ Prabhat Patnaik writes: It has blithely ignored the economy’s travails and provided neither stimulus nor succour to those in distress The provision for

Clipped from: https://www.business-standard.com/article/economy-policy/costlier-oil-and-subsidy-fall-likely-to-hit-consumption-in-fy23-122020500046_1.html A cut in subsidy in FY23 comes on the back of an equally sharp cut in FY22 A cut in subsidy is coming

Clipped from: https://www.business-standard.com/article/opinion/households-liked-the-budget-122020701490_1.html While equity markets react to budget announcements in real time, households we believe, take a little longer to digest it. Households are not

Clipped from: https://www.financialexpress.com/money/crypto-taxes-in-budget-2022-better-late-than-never/2429355/ Deeming cryptocurrencies as ‘digital assets’ and a 30% transaction tax on withdrawal are much-needed steps from an economics point of view though they