A market intelligence and network programme integrated into the FTP will widen the markets for aspiring SMEs while also strengthening existing exporters. To tie it
Category: Budget
Income Tax for non-residents: Stranded in India & facing double taxation? New CBDT circular explained for you – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/income-tax-for-non-residents-stranded-in-india-facing-double-taxation-new-cbdt-circular-explained-for-you/2214889/ Income Tax for non-residents: Due to the coronavirus outbreak and subsequent lockdown last year (2020), many non-residents were stuck in India due to
Make it work: DFI is an idea whose time has returned. India urgently needs a big infra push–the times of india
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/make-it-work-dfi-is-an-idea-whose-time-has-returned-india-urgently-needs-a-big-infra-push/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Repurpose Existing Dev Finance Arms–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/repurpose-existing-dev-finance-arms/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Cabinet nod for an infrastructure-focused development finance
taxation: CBDT notifies rules for tax deduction on non-salary payments to NRIs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cbdt-notifies-rules-for-tax-deduction-on-non-salary-payments-to-nris/articleshow/81553049.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In case of taxability, the amount which is liable to tax will be determined. In case of non-taxability, a certificate specifying the amount
Automobile: Recall norms tightened for auto cos – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/auto-cos-to-be-fined-up-to-rs-1-cr-on-mandatory-recall-orders-for-defective-vehicles-govt/articleshow/81553927.cmsSynopsis The rules for testing of vehicles and mandatory recall under the Central Motor Vehicles Act provides for penalty in case of manufacturers or
vehicles: Scrapping Policy: Fitness renewal charges for transport vehicles older than 15 years proposed to go up by 62 times – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/scrapping-policy-fitness-renewal-charges-for-transport-vehicles-older-than-15-years-proposed-to-go-up-by-62-times/articleshow/81555868.cms SynopsisET has reviewed a copy of the draft notification, as per which, renewal of registration after 15 years for two wheelers, the cost
Economic reforms to drive India sovereign rating, says K V Kamath – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/economic-reforms-to-drive-india-sovereign-rating-says-k-v-kamath/articleshow/81553607.cmsSynopsis “With all the efforts (economic reforms) the government of India is making, I think that sovereign rating itself would go up. Because, I
Is Development Finance Institution new wine from an old bottle? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-is-development-finance-institution-new-wine-froman-old-bottle/articleshow/81556419.cms SynopsisFor any development finance institution to be viable, two things have to be in place — funds that would be available for 10-15
Union Cabinet clears setting up of Development Finance Institution: Nirmala Sitharaman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/union-cabinet-clears-setting-up-of-a-development-finance-institution-fm/articleshow/81530183.cmsSynopsis Union Cabinet has cleared the setting up of a Development Finance Institution (DFI), in acknowledgement of the realization that both development and financial
‘Not all banks will be privatised,’ says Nirmala Sitharaman–business today
Sitharaman said the decision to privatise banks is a well-thought-out one. She said that the government wants the bank to get more equity and to
Indian TV makers await PLI scheme, say important for global competition–business today
The government of India has already been taking steps to encourage television manufacturing in India. In July last year, the cabinet imposed restrictions by changing
Steelmakers to pare debt worth Rs 35,000 crore by FY22, says CRISIL
A surge in global commodity prices in the last 8 months has seen profitability of domestic steel industry hit record highs leading to reduction in
DFI employees may get shield against ‘ill-informed’ probe, prosecution | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/dfi-employees-may-get-shield-against-ill-informed-probe-prosecution-121031700072_1.html The government expects the DFI to finance a large percentage of the Rs 115-trillion spending needed for the National Infrastructure Pipeline A government
How to make good assets with a ‘Bad Bank’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-to-make-good-assets-with-a-bad-bank/article34084967.ece For faster recovery of bad loans, ARCs need to be made more competitive by boosting their capital base through consolidation While the economy
Govt notifies vehicle recall policy, to be effective April 1 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/govt-notifies-vehicle-recall-policy-to-be-effective-april-1/article34084954.ece Can impose fine ranging from ₹10 lakh to ₹100 lakh The Road Transport and Highways Ministry has notified on March 12 the vehicle
Direct tax mop-up set to exceed revised FY21 target – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/advance-tax-collections-at-82-lakh-cr-fy21-mop-up-55-per-cent-short-of-2019-20s/article34085640.ece At ₹8.2-lakh crore, advance tax collection shortfall narrows to 5.5%; transactions yet to be fully reconciled With the provisional data for the fourth
To fund infra, Cabinet clears DFI Bill with ₹20,000-crore initial govt equity – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/to-fund-infra-cabinet-clears-dfi-bill-with-20000-crore-initial-govt-equity/article34085478.ece?homepage=true Finance Minister Nirmala Sitharaman and I&B Minister Prakash Javadekar briefing the media after the Cabinet meeting on Tuesday – Kamal Narang Finance Minister
SME-boost with foreign trade policy: A market intelligence programme under FTP will widen the markets for SMEs – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/sme-boost-with-foreign-trade-policy-a-market-intelligence-programme-under-ftp-will-widen-the-markets-for-smes/2213396/ A market intelligence and network programme integrated into the FTP will widen the markets for aspiring SMEs while also strengthening existing exporters. To
All you wanted to know about PLIs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article34076821.ece Today, if there’s a magic word that can make the stocks belonging to a sector darlings in an instant, it is ‘PLI’. The
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