Clipped from: https://economictimes.indiatimes.com/wealth/tax/no-changes-in-income-tax-slabs-rates-deductions-exemptions-in-budget-2021/articleshow/80628697.cmsSynopsis With no change in the basic exemption limit, income tax slabs and rates, an individual tax payer will continue to pay the tax
Category: Budget
LTC Cash Voucher Scheme notified in Budget 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/personal-finance-news/ltc-cash-voucher-scheme-notified-in-budget-2021/articleshow/80630267.cmsSynopsis The benefit of the LTC Cash Voucher scheme is available in the old tax regime. If an individual opts for the new tax
Tax benefit on mergers and acquisitions withdrawn – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/tax-benefit-on-mergers-and-acquisitions-withdrawn/articleshow/80629225.cmsSynopsis The government in the Budget 2021 said that no depreciation would be allowed on goodwill. Up until now many companies would end up
Budget relief: Depositors of stressed banks can access up to Rs 5 lakh of deposits – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/budget-relief-depositors-of-stressed-banks-can-access-up-to-rs-5-lakh-of-deposits/articleshow/80629131.cmsSynopsis The finance minister said that the Deposit Insurance and Credit Guarantee Corporation (DICGC) Act, 1961 would be amended to create such a provision.
Union Budget 2021 Highlights: Direct taxes unchanged but ease in compliance on the way – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/budget-2021-key-highlights/articleshow/80621984.cmsSynopsis The FM’s third Budget tackles the considerable wishlist of industries and consumers that were impaired by the Covid-19 pandemic, while acknowledging the spending
FTCCI for top priority to MSMEs, boost to rural digital infra – The Hindu
Clipped from: https://www.thehindu.com/news/national/telangana/ftcci-for-top-priority-to-msmes-boost-to-rural-digital-infra/article33711729.ece?homepage=true Appeals to Centre to refrain from imposing COVID related cess Top priority for MSMEs, accelerating spending on rural digital infrastructure to make work
Growth with inequality: The Hindu Editorial on Economic Survey 2021 – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/growth-with-inequality-the-hindu-editorial-on-economic-survey-2021/article33711489.ece The Economic Survey seems to privilege wealth creation over reduction of income disparity The Economic Survey for 2020-21 is an expansive attempt at reviewing the
Economic Survey: Governance, key to end zombie lending – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/economic-survey-governance-key-to-end-zombie-lending/article33710132.ece The Economic Survey 2020-21 has raised the issue of zombie lending. It has noted that apart from from re-capitalising banks, it is important
Economic Survey outlines a roadmap for Atmanirbhar Bharat – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/economic-survey-outlines-a-roadmap-for-atmanirbhar-bharat/article33710290.ece Sends a strong message and a signal that the Budget is likely to be a growth oriented one The Economic Survey has become
Incomplete survey – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/incomplete-survey/article33710688.ece Economic Survey moots fiscal expansion, but could have focussed on farm laws, PLI scheme In keeping with the trend established by former chief
Headwinds to exports raise fears of stifled India growth story | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/headwinds-to-exports-raise-fears-of-stifled-india-growth-story-121013100870_1.html The problems of moving cargo to the destinations continue. Containers are not easily available in time as there aren’t enough vessels sailing to
Fiscal activism | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/fiscal-activism-121013100842_1.html Govt should tread carefully on this path The Economic Survey, tabled in Parliament on Friday last week, expects the economy to rebound in
Thoughts on Budget and monetary policy | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/thoughts-on-budget-and-monetary-policy-121013100739_1.html Beyond hype, if the Budget creates a platform for growth, the RBI will have to change the policy’s stance, but that won’t happen
All eyes will be on the package FM unveils for state-run banks |–BUDGET 2021: Business Standard News
Clipped from: https://www.business-standard.com/budget/article/budget-2021-all-eyes-will-be-on-the-package-fm-unveils-for-state-run-banks-121013100794_1.html A status check on the consolidation of four sets of state-run banks offers clues to the hard decisions that are needed, write Abhijit
Statsguru: Economic Survey sets the tone for most awaited Union Budget | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/statsguru-economic-survey-sets-the-tone-for-most-awaited-union-budget-121013100764_1.html The Survey batted for a bold fiscal expansion to make the economic recovery more broad-based Economists are already factoring in a fiscal deficit
MSMEs, startups seek better debt access, GST relaxation, more from FM Sitharaman | –BUDGET 2021 EXPECTATIONS FOR MSMES–: The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-expectations-msmes-startups-seek-better-debt-access-gst-relaxation-more-from-fm-sitharaman/2183147/ Union Budget 2021 Expectations for MSMEs: India’s complex tax and financial regulatory regime are one of the reasons for our low rankings across
CEA bats for private sector-led bad bank to counter NPAs–business today
Clipped from: https://www.businesstoday.in/sectors/banks/cea-bats-for-private-sector-led-bad-bank-to-counter-npas/story/429693.html The Economic Survey 2017 had proposed this idea, suggesting the creation of a bad bank called Public Sector Asset Rehabilitation Agency (PARA) to
Budget Dictionary: A one-stop guide for financial terms | Deccan Herald
Clipped from: https://www.deccanherald.com/business/union-budget/budget-dictionary-a-one-stop-guide-for-financial-terms-945171.html Finance Minister Nirmala Sitharman will unveil the closely-watched Union Budget on February 1 Finance Minister Nirmala Sitharman will unveil the closely-watched Union Budget
Banks might be staring at a spike in retail NPAs – -COVID IMPACT: The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/covid-impact-banks-might-be-staring-at-a-spike-in-retail-npas/articleshow/80615103.cms SynopsisRBL Bank’s gross NPAs fell to 1.84% compared to 3.33% a year ago, but including loans that were not classified as NPAs due
Making structural changes can give fillip to the MSMEs in the upcoming budget – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/making-structural-changes-can-give-fillip-to-the-msmes-in-the-upcoming-budget/articleshow/80598173.cmsSynopsis It is critical for the government to take some bold moves that helps in revival of the sector and boosts investor confidence. Covid-19 impacted
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