Clipped from: https://www.thehindubusinessline.com/opinion/public-spending-in-india/article64937297.ece The Indian economy is still facing major demand deficiency and the government needs to step in to shore up mass consumption demand. But
Category: Budget
Smartly tweak tax treatment for savings – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/smartly-tweak-tax-treatment-for-savings/articleshow/89047684.cmsSynopsis The existing tax-exempt limit under Section 80 C of the I-T Act is ₹1.5 lakh, while the annual standard deduction is ₹50,000. A
A Budget for consolidation? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/a-budget-for-consolidation/article64928329.ece There is little room for any kind of largesse, and sector-specific demands are unlikely to be part of the Budget as there would
Budget 2022: Why FM should continue to focus on growth and unleash optimism – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/budget-2022-why-fm-should-continue-to-focus-on-growth-and-unleash-optimism/articleshow/89003511.cmsSynopsis India needs the economy to grow at a sustained rate of 8-9% over a decade, and more to catapult us to a middle-income
Budget 2022: Course correction for the bad bank – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/course-correction-for-the-bad-bank/articleshow/89003559.cmsSynopsis The coming budget should make a course correction – even if it means altering a plan laid down in the last one. The
Union Budget 2022-23: Phasing out of some tax exemptions likely | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/union-budget-2022-23-phasing-out-of-some-tax-exemptions-likely-122012000037_1.html FinMin also exploring the option of rationalising capital gains tax rates In September 2019, Finance Minister Nirmala Sitharaman had announced new corporate tax
Former RBI Governor Raghuram Rajan’s 8 cues for Budget 2022 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/former-rbi-governor-raghuram-rajans-8-cues-for-budget-2022/articleshow/88992462.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis There is a need to shun incremental moves and look at new areas like telemedicine, tele lawyering, edutech, Rajan said. According to him,
Budget could consider levying TDS/TCS on crypto trading, make it reportable in SFT – The Financial Express
Clipped from: https://www.financialexpress.com/money/budget-could-consider-levying-tds-tcs-on-crypto-trading-make-it-reportable-in-sft/2407789/ Nangia Andersen LLP Tax Leader Aravind Srivatsan said currently, India has the highest number of crypto owners globally, at 10.07 crore and as
Budget: Stimulus with continuity – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/budget-stimulus-with-continuity/article64863433.ece An inter-State Fiscal Council can help States maintain the public investment momentum Four suggestions for the Budget are first on policy continuity while
The difficulty in spending | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-difficulty-in-spending-122011001491_1.html Tax receipts are surging and markets are primed for higher state government deficits, but states are struggling to spend One can easily spend
Budget basics: How govt can break out of its straitjacket and raise revenue | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/budget-basics-how-govt-can-break-out-of-its-straitjacket-and-raise-revenue-122010701028_1.html There are two ways: deliver a rapidly growing economic pie or re-assess tax policy – reform of GST, closing corporate tax loopholes, suggests
Shortfalls, again | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/shortfalls-again-122010401568_1.html Union Budget must stop relying on disinvestment proceeds In recent years, the government’s disinvestment targets in the Union Budget have shown considerably greater ambition than they did
Agriculture needs a separate budget – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/agriculture-needs-a-separate-budget/article38116021.ece Farmers need a helping hand – REUTERS Farmers need a helping hand – REUTERS× Agriculture is too diverse a subject for it to
How Modi govt will beat revenue collections, fiscal deficit by a wide margin this year – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/budget-math-how-modi-govt-will-beat-revenue-collections-fiscal-deficit-by-a-wide-margin-this-year/article38054262.ece Research firm CNI Global expects GST collection to be higher by 233%, direct taxes by 126% and fiscal deficit to fall by 66%
How Budget 2021 has reduced taxpayers’ rights – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/how-budget-2021-has-reduced-taxpayers-rights/2215634/ The decision to abruptly replace two quasi-judicial authorities (the Income-Tax Settlement Commission and the Authority for Advance Rulings) with administrative Boards negatively impacts
No proposal to change LTCG norms: Finmin – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/no-proposal-to-change-ltcg-norms-finmin/article37883254.ece Long term capital gains (LTCG) tax on equities and mutual funds will continue as the government informed the Rajya Sabha that there is
PLI: A stitch in time? Why the Govt needs to iron out the issues in PLI scheme for textiles – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/a-stitch-in-time-why-the-govt-needs-to-iron-out-the-issues-in-pli-scheme-for-textiles/articleshow/82474956.cmsSynopsis Textile sector has been identified as thrust the sector amongst the selected 13 sectors for which the Production Linked Incentive scheme (PLI) scheme
Atmanirbhar Bharat: Why business localisation is a win-win proposition for all–business today
Clipped from: https://www.businesstoday.in/opinion/columns/atmanirbhar-bharat-why-business-localisation-is-a-win-win-proposition-for-all/story/438526.html Localisation has brought in the world’s best-in-class technology, enabled knowledge sharing, tech transfers, and skilling of our people, and brought in value-added products
Why RBI’s G-SAP is a masterstroke – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-rbis-g-sap-is-a-master-stroke/article34481980.ece The OMO clone will facilitate govt’s big borrowing plan at a lower cost, by bringing certainty to timing & amount of bond buys
Blind optimism on GDP growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/blind-optimism-on-gdp-growth/article34481786.ece The projected 10.5% GDP growth for this year seems far-fetched, as the Covid second wave is bound hit the economy hard The severity,
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