Clipped from: https://indianexpress.com/article/opinion/columns/union-budget-2021-gdp-economy-7173494/ Fortunately, the RBI and government have worked in perfect harmony during the pandemic. The Union Budget for FY22 is a budget to consolidate
Author: Anil R Tikotekar
मी यापूर्वी बँक ऑफ महाराष्ट्र मध्ये क्षेत्रीय अधिकारी म्हणून काम करत होतो. मुंबई, पुणे, सोलापूर, कोल्हापूर व लातूर येथे काम करण्याचा अनुभव आहे . १६ वर्षे मनेजर म्हणूनही काम केले आहे तसेच बँक ऑफ महाराष्ट्र मधील ट्रेनिंग कॉलेज मध्ये शिकवण्याचा देखील अनुभव आहे. माझा इमेल aniltikotekar@gmail.com असा आहे. माझी website अजून चांगली कशी होईल याबाबत सूचनांचे स्वागतच आहे. कोणत्याही आर्थिक फायदा मिळवावा अशा हेतूने ही website सुरु केलीली नाही याची नोंद वाचकांनी घेणे गरजेचे आहे. तसेच या संकेतस्थळावर दिला गेलेला सल्लाअमलात आणण्याआधी आपल्या आर्थिक बाबी माहित असण्याऱ्या व्यक्तींचा [ जसे की CA ] सल्ला घ्यावा. समाजातील काही घटनांना थोडीशी जरी मदत झाली तरी हा प्रयत्न थोडाफार तरी यशस्वी झाला असे म्हणता येईल.
Seniors over 75 with multiple accounts still need to file tax returns – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/multimedia/video/seniors-over-75-with-multiple-accounts-still-need-to-file-tax-returns/article33741357.ece?homepage=true Senior citizens over 75 with multiple bank accounts will not get any exemption from filing Income-Tax returns. Also, those who want refund will
Scrappage policy to drive growth of used cars in the medium term – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/scrappage-policy-to-drive-growth-of-used-cars-in-the-medium-term/article33745894.ece?homepage=true Govt plans to levy Green Tax at 10-25% for commercial vehicles over eight years old and personal vehicles of over 15 years The
PF interest Tax: Will tax on PF interest also cover contribution to PPF account? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/will-tax-on-pf-interest-also-cover-contribution-to-ppf-account/articleshow/80676396.cmsSynopsis On the plain reading of the budget documents, it appears that tax will apply to the interest earned on contributions made to Employees’
Confident that disinvestment calendar will work well, non-tax revenues to improve in FY22: FM – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/confident-that-disinvestment-calendar-will-work-well-non-tax-revenues-to-improve-in-fy22-fm/articleshow/80691076.cmsSynopsis The government is targeting to conclude strategic sale of BPCL, Air India, Shipping Corporation of India, Container Corporation of India, IDBI Bank, BEML,
Millions of defaults threaten microfinance’s future in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/millions-of-defaults-threaten-microfinances-future-in-india/articleshow/80682643.cmsSynopsis Borrowers around the world have been hit hard but perhaps nowhere more so than in India. It’s the global leader in microfinance, the
Mega plans unleashed in the Budget to spur growth, now it’s all about execution – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-mega-plans-unleashed-in-the-budget-to-spur-growth-now-its-all-about-execution/articleshow/80693594.cmsSynopsis Overall, the budget will be remembered for many path-breaking reforms to spur growth. With the right policy initiatives, the focus should now be
Increased capex in Budget an ‘optical illusion’: Former finance secretary Garg – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/increased-capex-in-budget-an-optical-illusion-former-finance-secretary-garg/articleshow/80692111.cmsSynopsis The revised estimates (RE) of capital expenditure for FY 2020-21 have also gone up to Rs 4.39 lakh crore, recording an increase of
SEBI ban on Kishore Biyani, others won’t impact deal with Reliance: Future Retail – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/sebi-ban-on-kishore-biyani-others-wont-impact-deal-with-reliance-future-retail/articleshow/80685675.cmsSynopsis In a separate statement, Future Corporate Resources Pvt Ltd (FCRPL) said the SEBI order “has taken care to exclude dealings in securities under
Why next month may be the most important for India’s economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-why-next-month-may-be-the-most-important-for-indias-economy/articleshow/80693634.cmsSynopsis Therefore, as the next financial year starts in April, GoI must be ready with its key budget measures. If all stakeholders know that
FDI hike in insurance, LIC IPO, privatisation of state-run insurers credit positive: Moody’s
Clipped from: https://www.businesstoday.in/current/economy-politics/fdi-hike-in-insurance-lic-ipo-privatisation-state-run-insurers-credit-positive-moodys/story/430211.html Lenient FDI regulations, listing of LIC, and privatisation of a government-owned general insurer should benefit the broader domestic insurance market as these entities
Budget provides broad support; fiscal consolidation prospects still weak: Moody’s
Clipped from: https://www.businesstoday.in/current/economy-politics/budget-provides-broad-support-fiscal-consolidation-prospects-still-weak-moodys/story/430212.html Moody’s expects India’s nominal GDP growth to rise close to 17 per cent in fiscal 2021, higher than 14.4 per cent pegged in
No rethink on Google tax, clarity on NRI tax residency once travel resumes: CBDT chief
Clipped from: https://www.businesstoday.in/current/economy-politics/no-rethink-on-google-tax-clarity-on-nri-tax-residency-once-travel-resumes-cbdt-chief/story/430217.html On the direct tax collection targets for 2021-22, CBDT Chairman PC Mody said that the projections are “realistic and not ambitious”; we are
Wanted, visionary entrepreneurs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/wanted-visionary-entrepreneurs/article33742560.ece In a free market system, the private sector has to get into the driver’s seat and step on the gas – Feodora Chiosea
Health as well being – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/more-ground-work-is-needed-to-achieve-the-commendable-goal-of-framing-a-holistic-health-policy/article33742399.ece More ground work is needed to achieve the commendable goal of framing a holistic health policy It is hard to argue against Finance
Budget move to tax PF contributions of over ₹2.5 lakh/year ‘raises retrospectivity questions’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/budget/budget-move-to-tax-pf-contributions-of-over-25-lakhyear-raises-retrospectivity-questions/article33742595.ece?homepage=true Experts say it is no clear how the past contributions will be treated The Budget proposal to tax provident fund contributions above ₹2.5
Equalisation levy: Finance Bill clarification to bring more players under the net – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/equalisation-levy-finance-bill-clarification-to-bring-more-players-under-the-net/article33742923.ece?homepage=true I-T Dept says new taxpayers to pay dues for last two quarters The clarification in the Finance Bill, 2021 on the equalisation levy
Tariff uncertainty | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/tariff-uncertainty-121020302021_1.html Tinkering with rates will put off investment and hurt exports Another Union Budget has deepened the turn towards protectionism, which began a few years ago.
Growth through ease of compliance | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/growth-through-ease-of-compliance-121020302057_1.html Compliance procedures need rationalisation and integrated digital systems During the annual Budget exercise, we are so taken with concerns about expenditure and resource
A growth-focused, credible Budget – The Financial Express
Clipped from: https://www.financialexpress.com/budget/union-budget-2021-a-growth-focused-credible-budget/2187334/ Union Budget 2021 India: Transparent and realistic projections will reduce uncertainty-premium Indian Union Budget 2021-22: The Union Budget FY22 clearly chose to boost
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