https://www.business-standard.com/budget/news/fm-sitharaman-s-interim-budget-is-high-on-confidence-not-on-populism-124020200016_1.html Clipped from: https://www.business-standard.com/budget/news/fm-sitharaman-s-interim-budget-is-high-on-confidence-not-on-populism-124020200016_1.html FM overperforms on deficit, stays away from sops, pushes feel-good factor by ending old tax disputes, lists out decade of development When
Day: February 14, 2024
Quantifying capex is reassuring but expect it to change in July: L&T CFO
https://www.business-standard.com/budget/news/quantifying-capex-outlay-in-budget-is-reassuring-l-t-cfo-r-shankar-raman-124020201357_1.html Clipped from: https://www.business-standard.com/budget/news/quantifying-capex-outlay-in-budget-is-reassuring-l-t-cfo-r-shankar-raman-124020201357_1.html I was just expecting her to say we will continue to keep focus on infra, he says R Shankar Raman, chief financial
Interim Budget 2024: FMCG companies poised for rural demand revival | News – Business Standard
https://www.business-standard.com/industry/news/interim-budget-2024-fmcg-companies-poised-for-rural-demand-revival-124020201491_1.html Clipped from: https://www.business-standard.com/industry/news/interim-budget-2024-fmcg-companies-poised-for-rural-demand-revival-124020201491_1.html Budget schemes to revive demand over a period of time Vimal Pande, Chief Executive Officer at the largest shaving cream company, Vi-John,
Budget silent on extending tax concessions to new manufacturing cos – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/budget-silent-on-extending-tax-concessions-to-new-manufacturing-cos/article67804266.ece Clipped from: https://www.thehindubusinessline.com/markets/budget-silent-on-extending-tax-concessions-to-new-manufacturing-cos/article67804266.ece Several industry bodies had petitioned the finance ministry for a three-year extension to the concessional tax regime of 15 per cent, which
PM Suryoday Yojana: Low-income households to get free rooftop solar systems and power – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/pm-suryoday-yojana-low-income-households-to-get-free-rooftop-solar-systems-and-power/article67805006.ece Clipped from: https://www.thehindubusinessline.com/economy/pm-suryoday-yojana-low-income-households-to-get-free-rooftop-solar-systems-and-power/article67805006.ece A low-income household is being identified as one whose monthly electricity consumption is below or up to 300 kilowatts or unit New
Budget 2024: Long-term vision in an interim Budget – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/budget/long-term-vision-in-an-interim-budget/article67804133.ece Clipped from: https://www.thehindubusinessline.com/economy/budget/long-term-vision-in-an-interim-budget/article67804133.ece The commitment to fiscal prudence with the deficit for FY24 being contained at 5.8 per cent and a sharp reduction to 5.1
Sharp cutback in fiscal deficit targets is timely – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/sharp-cutback-in-fiscal-deficit-targets-is-timely/article67804936.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sharp-cutback-in-fiscal-deficit-targets-is-timely/article67804936.ece Tighter-than-expected fiscal consolidation will also stand the government in good stead as it parleys with global rating agencies for a long-overdue sovereign
Energy transition calls for holistic approach – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/energy-transition-calls-for-holistic-approach/article67805572.ece Clipped from: https://www.thehindubusinessline.com/opinion/energy-transition-calls-for-holistic-approach/article67805572.ece The interim Budget has several positive steps, but to ensure success the govt must work on the energy ecosystem in totality “Geopolitically,
Fiscal consolidation, a positive surprise – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/fiscal-consolidation-a-positive-surprise/article67804645.ece Clipped from: https://www.thehindubusinessline.com/opinion/fiscal-consolidation-a-positive-surprise/article67804645.ece Budget projections are based on realistic tax estimates and muted revenue expenditure rise The two main metrics of interest in the interim
GST collection from online gaming in Nov-Jan period touched ₹3,470 crore, says Revenue Secretary Sanjay Malhotra – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/gst-collection-from-online-gaming-in-nov-jan-period-touched-3470-cr-says-revenue-secretary-sanjay-malhotra/article67805437.ece Clipped from: https://www.thehindubusinessline.com/economy/gst-collection-from-online-gaming-in-nov-jan-period-touched-3470-cr-says-revenue-secretary-sanjay-malhotra/article67805437.ece We are expecting ₹13,000-14,000 crore of tax revenues from online gaming on annual basis, says Sanjay Malhotra Revenue Secretary Sanjay Malhotra on
Keeping the investment cylinders firing – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/budget/keeping-the-investment-cylinders-firing/article67804093.ece Clipped from: https://www.thehindubusinessline.com/economy/budget/keeping-the-investment-cylinders-firing/article67804093.ece Reining in of fiscal deficit to propel corporate bond markets An election year typically throws fiscal discipline astray. Just not this time.
Enough space in Budget to accommodate minor fluctuations resulting from risks, says Finance Secretary Somanathan – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/enough-space-in-budget-to-accommodate-minor-fluctuations-resulting-from-risks-says-finance-secretary-somanathan/article67804736.ece Clipped from: https://www.thehindubusinessline.com/economy/enough-space-in-budget-to-accommodate-minor-fluctuations-resulting-from-risks-says-finance-secretary-somanathan/article67804736.ece A slight saving on capex and an improvement in non-tax revenue are the main sources of the consolidation, says Somanathan Finance Secretary
Nurturing growth: Interim Budget on the right track to propel India into a promising future – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/budget/nurturing-growth-interim-budget-on-the-right-track-to-propel-india-into-a-promising-future/article67804070.ece Clipped from: https://www.thehindubusinessline.com/economy/budget/nurturing-growth-interim-budget-on-the-right-track-to-propel-india-into-a-promising-future/article67804070.ece The need of the hour is a level-playing field and some protectionist measures in order to safeguard the homegrown manufacturers Crafting the
‘Public investment are not a substitute for private sector investment’ – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/public-investment-are-not-a-substitute-for-private-sector-investment/article67804841.ece Clipped from: https://www.thehindubusinessline.com/economy/public-investment-are-not-a-substitute-for-private-sector-investment/article67804841.ece Finance Secretary TV Somnathan discusses realistic projections on the economy, fiscal limits, and private sector investment in India The future projections on
Budget pre-empts monetary policy – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/budget-pre-empts-monetary-policy/article67818733.ece Clipped from: https://www.thehindubusinessline.com/opinion/budget-pre-empts-monetary-policy/article67818733.ece Given the inflationary situation, a change of stance or rate cut is not advisable This Budget has pushed India to a lower
Need for nuanced liquidity support – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/need-for-nuanced-liquidity-support/article67818770.ece Clipped from: https://www.thehindubusinessline.com/opinion/need-for-nuanced-liquidity-support/article67818770.ece A change in stance to ‘neutral’ is likely A status quo in the repo rate is nearly certain in the monetary policy
Standing Committee on Finance proposes ‘open architecture’ for insurance agents – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/standing-committee-on-finance-proposes-open-architecture-for-insurance-agents/article67821462.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/standing-committee-on-finance-proposes-open-architecture-for-insurance-agents/article67821462.ece Modernisation in insurance sales requires a legislative change to Insurance Act; open architecture would allow agents to associate with multiple insurers Standing