Clipped from: https://economictimes.indiatimes.com/wealth/tax/long-term-capital-gain-surcharge-capped-at-15-for-all-assets-how-will-it-impact-you/articleshow/89273498.cmsSynopsis “The long-term capital gains on listed equity shares, units etc. are liable to maximum surcharge of 15 per cent, while the other long
Category: Budget
Budget 2022 proposes to notify income tax reliefs for Covid – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/budget-2022-proposes-to-notify-income-tax-reliefs-for-covid/articleshow/89273254.cmsSynopsis Budget 2022 has clarified that money received by individuals either as one-time ex-gratia from an employer or for treatment of covid-19 will not
TDS on property sale to be levied on higher of stamp duty value or sale amount: Budget 2022 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/tds-on-property-sale-to-be-levied-on-higher-of-stamp-duty-value-or-sale-amount-budget-2022/articleshow/89271898.cmsSynopsis As per income tax laws, an individual is required to deduct tax if the sale value of an immovable property exceeds Rs 50
Budget 2022 Income Tax Highlights | Key income tax, personal finance highlights from Budget 2022
Clipped from: https://economictimes.indiatimes.com/wealth/personal-finance-news/key-income-tax-personal-finance-highlights-from-budget-2022/articleshow/89272198.cmsSynopsis Here is a look at key tax related and personal finance highlights from Budget 2022, according to a PIB press release. Even though
standard deduction budget 2022: Budget 2022: Any change in standard deduction for salaried, pensioners in FY2022-23? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/budget-2022-any-change-in-standard-deduction-for-salaried-pensioners-in-fy2022-23/articleshow/89269237.cmsSynopsis There was an expectation of hike in the amount available to claim as standard deduction due to the higher cost borne by employees
budget 2022 section 80c changes: Was section 80C limit increased in Union Budget 2022? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/was-section-80c-limit-increased-in-union-budget-2022/articleshow/89268899.cmsSynopsis There has been long-standing demand to hike the deduction limit under section 80C as the limit was last hiked in financial year 2014-15,
Budget 2022 bars set off of losses against undisclosed income found in tax raids – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/budget-2022-bars-set-off-of-losses-against-undisclosed-income-found-in-tax-raids/articleshow/89270396.cmsSynopsis It has been observed that in many cases where undisclosed income or suppression of sales etc. is detected, payment of tax is avoided
Divestment and its importance in a Union Budget – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-divestment-and-its-importance-in-a-union-budget/article64951591.ece There are three main appraoches to disinvestment What is disinvestment? Disinvestment is the action of a government or an organisation selling or liquidating
Budget alone can’t push recovery – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/budget-alone-cant-push-recovery/2417696/ The business environment needs to be helpful so that the informal sector can recover and create jobs One must acknowledge that finance minister,
Income Question: India’s budget choices have become harder – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/indias-budget-choices-have-become-harder/2417688/ Income-loss is a big headwind to growth in the medium term; Budget must cut fiscal deficit sharply, while increasing income support even if
US Fed is far behind the curve on controlling inflation – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-federal-reserves-mad-scramble/2416607/ The current upsurge in inflation is not transitory or to be dismissed as an outgrowth of idiosyncratic Covid-19-related developments. It is widespread, persistent,
Fiscal headroom for Covid to play out – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/fiscal-headroom-for-covid-to-play-out/articleshow/89256195.cmsSynopsis A V-shaped recovery pushing up tax receipts handsomely, and stepped-up capital expenditure in the second half of 2021-22, have created fiscal headroom for
Ramp up support | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/economic-survey-nirmala-sitharaman-ramp-up-support-7750374/ Economic Survey points to scope for greater government aid to economy. Credible path for fiscal consolidation is also needed As the annual flagship
Why growth in FY23 is pegged at just 8-8.5% | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/union-budget-why-growth-in-fy23-is-pegged-at-just-8-per-cent-8-5-per-cent-7750406/ Behind the conservative estimate for the next year are not just the many risks — global inflation to shortage of inputs — posed
Can Nirmala Sitharaman find enough resources while providing more for capital expenditure? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/budget-fy23-can-nirmala-sitharaman-find-enough-resources-while-providing-more-for-capital-expenditure/articleshow/89233550.cms Growth path ahead will be a lot trickier, says Nomura’s Sonal Varma Synopsis Overall, the survey suggests that growth is the answer, which
Budget FY23: Can Nirmala Sitharaman find enough resources while providing more for capital expenditure? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/budget-fy23-can-nirmala-sitharaman-find-enough-resources-while-providing-more-for-capital-expenditure/articleshow/89233550.cms Abatement of pandemic to kick in virtuous investment cycle, generate jobs: CEA V Anantha Nageswaran Synopsis Nageswaran expressed hope the consumption share of
CaMoney raised from capital markets more important than banks in financing revival: Economic Survey – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/money-raised-from-capital-markets-more-important-than-banks-in-financing-revival-economic-survey/articleshow/89242323.cmsSynopsis “Risk capital (i.e. money raised from capital markets) has so far been more important than the banks in providing finance to the revival,”
Economic survey flags risks of imported inflation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/economic-survey-flags-risks-of-imported-inflation/articleshow/89241594.cmsSynopsis “The inflation in ‘fuel and power’ group of WPI was above 20 per cent reflecting higher international petroleum prices. Although the high WPI
India Economic Survey: Taper Tantrum 2.0? Eco Survey says India is better prepared this time around – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/taper-tantrum-2-0-eco-survey-says-india-is-better-prepared-this-time-around/articleshow/89241601.cmsSynopsis India’s Economic Survey for 2021-22 suggests that even as central banks across the world, particularly the US Federal Reserve, have started rolling back
Economy to grow at 9.2% in current fiscal, 8-8.5% in FY23: Economic Survey – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/economy-to-grow-at-9-2-in-current-fiscal-8-8-5-in-fy23-economic-survey/articleshow/89242658.cmsSynopsis According to the Survey, the growth projection is mainly on account of widespread vaccine coverage, gains from supply-side reforms and easing of regulations,