By Abhishek Soni For taxpayers who have an on-going home loan, the interest paid on such loans helps them to lower their tax-outgo in the
Category: Budget
income tax exemption: Incomes that are exempted under the proposed new tax regime – The Economic Times
At the time of retirement, many companies offer payment in lieu of leaves that are not taken. An individual taxpayer opting for the new tax regime would
As the govt’s debt rises, will it need another fiscal escape clause soon? | Business Standard Column
While presenting her second Union Budget on February 1, Finance Minister Nirmala Sitharaman justified the slippage of 0.5 percentage point in fiscal deficit on the ground that the
Some thoughts on the Budget | Business Standard Column
Ten days after the presentation of the Union Budget ,everything worth saying has already been said or voiced in the media. So here I shall
Economy needs structural and governance reforms–Indian Express
In the run-up to the budget, there was enormous pressure on the finance minister to launch a fiscal stimulus so as to pump-prime the economy. That
Chasing dollars: India’s projects increasingly funded by offshore borrowings – business news – Hindustan Times
Finance minister Nirmala Sitharaman on Tuesday pointed out to some green shoots in the economy. While macroeconomic data is yet to pleasantly surprise markets, the
Budget proposal on remittances abroad triggers fears of double taxation | Business Standard News
The funds sent under the Liberalised Remittance Scheme by resident individuals to study abroad rose to $278 mn in Sept from $160 mn a year
Finance minister Sitharaman cites ‘7 green shoots’ to slam Chidambaram | India News – Times of India
NEW DELHI: Hitting back at former finance minister P Chidambaram for his ‘incompetent doctors’ overseeing the economy comment, finance minister Nirmala Sitharman on Tuesday said
Shun fiscal adventurism | The Indian Express
In the run-up to the budget, there was enormous pressure on the finance minister to launch a fiscal stimulus so as to pump-prime the economy. That
Government has taken specific steps to boost exports: Nirmala Sitharaman | Deccan Herald
The government has taken several steps, including tax refund scheme and enhanced credit to exporters, to boost outbound shipments, Finance Minister Nirmala Sitharaman said on
FM holds meeting with industry on direct tax dispute resolution scheme – The Economic Times
NEW DELHI: Finance Minister Nirmala Sitharaman on Monday met industry representatives on the proposed direct tax dispute resolution scheme that provides opportunity to taxpayers to pay outstanding taxes and get waiver
P Chidambaram writes on Budget 2020–Indian Express
The so-called tax concession given to the income tax payer in the lower brackets has cluttered the tax structure and created confusion. Budget 2020-21 was presented
Statistical jugglery can’t hide India’s burgeoning food subsidy bill | Deccan Herald
One of the myriad numbers in Budget 2020-21 that caught attention related to the food subsidy bill. The revised estimates of 2019-20 showed that, at
Budget 2020: Vivad Se Vishwas Bill – moving towards a disputeless tax–Business Today
The introduction of the bill in the Lok Sabha on February 5 has garnered renewed hope amongst taxpayers and authorities of settling long-standing disputes in
RBI offers growth pills after FM Nirmala Sitharaman ignores slowdown | Deccan Herald
Seldom has the Reserve Bank of India (RBI) marched in lock-step with the government the way it is doing now. Seldom has the government depended so
How much money will you get if your bank goes bust? | Business Standard Column
Finally, the deposit insurance cover has been raised five-fold to Rs 5 lakh — a huge comfort for small depositors, some of whom have been
A clarification: Lost in detail–Economic Times
By Sachin Dave If one were to pass by a conference room in one of the country’s best tax consultancies in Mumbai, one would think a
Food for thought: Agricultural policies are leading to distortions. Turn them around to raise farm incomes–Times of India
It is reasonable to surmise an economic policy is a mess when all the stakeholders are unhappy. The continuing disgruntlement over onion prices and policy
Grandfathering option to provide relief to taxpayers: FM – The Hindu BusinessLine
Nirmala Sitharaman also hinted that there could be some ‘grandfathering option’ that could be made available to investors who have made long term investments, keeping
Not a full thali, only morsels for everyone – The Hindu BusinessLine
Invokes FRBM ‘escape clause’ to relax fiscal deficit target to 3.8% for FY20 and 3.5% for FY21 By the time Finance Minister Nirmala Sitharaman began
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