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
Month: February 2022
Is there another tax amnesty scheme? – Budget 2022: 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
Budget vision: Thumbs up to the 25-year vision of the Finance Minister. Fine print holds the key – The Economic Times
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
Blockchain, cryptocurrencies and budgetary regulations – The Economic Times
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
Himanshu writes: What the economy needed from this year’s budget–INDIAN EXPRESS
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
No work, no welfare, only wealth | The Indian Express
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.
A budget that overlooks real needs–A R Vasavi writes:INDIAN EXPRESS
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
2 in 3 Indians believe Union Budget 2022 will have positive impact on economy: Survey | Deccan Herald
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
Govt cancels Rs 24,000-crore bond auction this week citing cash position, as yields soar to near 6.9% – The Financial Express
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
Govt move to tax cryptos will bring legitimacy to industry: CoinDCX’s CEO Sumit Gupta, CoinSwitch CEO Ashish Singhal – The Financial Express
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
How hike in capex translates to investor benefits – Budget boosters: The Financial Express
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
Public borrowing won’t crowd out private investment: FM – The Hindu
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
Section 80dd Tax Relief: Budget 2022 introduces new tax relief for parents of disabled under Sec 80DD – The Economic Times
lipped from: https://economictimes.indiatimes.com/wealth/tax/budget-2022-introduces-new-tax-relief-for-parents-of-disabled-under-sec-80dd/articleshow/89272780.cmsSynopsis Earlier the Section 80DD allowed deduction on the premium amount to the proposer of the policy if it was a term plan where
How hike in capex translates to investor benefits – Budget boosters: The Financial Express
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
The beginning of the end of digital divide in education – Union Budget: The Financial Express
Clipped from: https://www.financialexpress.com/budget/union-budget-the-beginning-of-the-end-of-digital-divide-in-education/2427043/ India gave its students the Right to Education in 2009; with the Union Budget FY23 we believe India is on its way to
A disjointed response: The Hindu Editorial on crypto assets and regulation – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/a-disjointed-response-the-hindu-editorial-on-crypto-assets-and-regulation/article38372576.ece Regulatory clarity on crypto assets should have accompanied the tax on traders’ profits One of the most striking moves in the Union Budget’s
Union Budget 2022-23: Govt maintains focus on sector – The Financial Express
Clipped from: https://www.financialexpress.com/budget/union-budget-2022-23-govt-maintains-focus-on-sector/2426870/ While the sizeable increase in infra spend and sectoral initiatives in Union Budget augur well, there is need for policy reforms that help
Budget 2022-23 does not do enough to address India’s growing inequalities – The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2022-23-does-not-do-enough-to-address-indias-growing-inequalities/2426428/ This widening gap between the rich and the poor is a stark indication of the lack of pro-poor policies that aim to mitigate
Budget infuses more atmanirbharta into MSMEs — Sanjay Agarwal – The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-infuses-more-atmanirbharta-into-msmes/2426267/ MSMEs, the growth engine of Atmanirbhar Bharat, are gearing up for a more digital savvy year ahead with interlinked portals like Udyam, e-Shram,
Welcome thrust on capital spend — Budget 2022: VP Nandakumar – The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2022-welcome-thrust-on-capital-spend-vp-nandakumar/2426303/ India’s middle class feels aggrieved that recent Budgets have not extended any meaningful relief to them. Here is one concession that could have