Clipped from: https://www.business-standard.com/article/economy-policy/govt-aims-to-mop-up-rs-75-000-crore-from-sr-citizen-savings-scheme-123021601062_1.html Not to overshoot FY24 net borrowing target of Rs 11.8 trillion The maximum investable amount of the senior citizen savings scheme (SCSS) —
Category: Budget
👍👍👍Tax proposal on market-linked debts in FY23 Budget will impact 2 lakh investors: NBFC body – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/tax-proposal-on-market-linked-debts-in-fy23-budget-will-impact-2-lakh-investors-nbfc-body/article66512995.ece Finance Industry Development Council writes to Finance Minister seeking tax parity The Budget classified the nature of returns on MLDs as short-term capital
👍👍👍Budget and unanswered questions – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/budget-and-unanswered-questions/article66513789.ece While the Budget is sound, a long-term plan for manufacturing and jobs is not spelt out Not much attention has been paid to
We’re formalising economy, don’t ask for TDS sops: FM to industry – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/were-formalising-economy-dont-ask-for-tds-sops-fm-to-industry/article66516394.ece Rules out giving exemptions on tax on prize monies File picture of Union Finance Minister Nirmala Sitharaman | Photo Credit: Shahbaz Khan Hyderabad,
Is there a way to boost the tax base? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-there-a-way-to-boost-the-tax-base/article66516746.ece Head deck: Focus on formalisation of the economy and increasing the scope of tax collected at source could help The huge informal sector
Why tax devolution to States has been falling consistently? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/why-tax-devolution-to-states-has-been-falling-consistently/article66516766.ece Tax devolution in FY24 is estimated to hit a five-year low of 36.5 per cent Tax devolved to States are untied funds and
Private investments are happening says, Sitharaman – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/60-life-health-insurers-seeing-a-rapid-rise-in-fraud-deloitte-india-survey/article66517273.ece Only 60 per cent of the respondents plan to increase their budgets marginally About 60 per cent of Indian insurance companies are seeing
👍👍👍Life insurance companies plan strategy tweak to offset tax impact | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/life-insurance-companies-plan-strategy-tweak-to-offset-tax-impact-123021500005_1.html Union Budget has proposed to tax high-value policies with premium aggregating to Rs 5 lakh per year to plug arbitrage that HNIs are
👍*Opt for presumptive tax scheme only if you can adhere to its rules | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/opt-for-presumptive-tax-scheme-only-if-you-can-adhere-to-its-rules-123021301240_1.html Higher limits are positive, but remember you must stick to scheme for 5 yrs To ease compliance and promote non-cash transactions, Budget 2023
👍👍👍*Premise of the Budget is woven around skilling: Atul Kumar Tiwari | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/the-whole-premise-of-budget-is-woven-around-skilling-skill-secretary-123021301257_1.html ‘PMKVY is an agile, market driven scheme as it provides short term training and recognises prior learning as well’ The government has emphasised
👍👍👍*Moves to plug direct tax loopholes justified – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/moves-to-plug-direct-tax-loopholes-justified/article66500092.ece Also, with just eight crore individuals filing income tax returns, there is a need to increase the tax base The Centre must also
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