Clipped from: https://www.business-standard.com/article/economy-policy/focus-on-capex-does-not-make-budget-inflationary-expenditure-secretary-121020300056_1.html We expect the cost of the vaccination to be Rs 700 per person. This includes the price of two shots at Rs 200-250
Category: Economy
Services PMI rises to 52.8 in Jan on the back of demand, consumer optimism | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/services-industry-improved-in-january-with-pmi-at-55-8-job-cuts-continued-121020300389_1.html That improved sentiment was in line with findings of a Reuters poll last month that predicted Asia’s third-largest economy would recover from the
India’s bad bank plan sparks concern loan prices could be inflated | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/india-s-bad-bank-plan-sparks-concern-loan-prices-could-be-inflated-121020300274_1.html There are many details about the bad bank that policy makers haven’t clarified, including its ownership structure, which makes any analysis challenging India’s
Revised fiscal deficit indicates a larger expenditure – The Financial Express
Clipped from: https://www.financialexpress.com/budget/revised-fiscal-deficit-indicates-a-larger-expenditure/2186596/ While there is optimism building up on the fiscal policy side, one concern that remains is on the quality of expenditures proposed for
Union Budget 2021: Budget pogressive on all fronts – The Financial Express
Clipped from: https://www.financialexpress.com/budget/union-budget-2021-budget-pogressive-on-all-fronts/2186592/ The overall FY22 health and well-being spend has been pegged at `2.23 lakh crore. Of this, `35,000 crore has been earmarked for the
Revenue, expenditure numbers realistic–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/revenue-expenditure-numbers-realistic/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The concern raised in some quarters that the
Budget’s big dreams for infrastructure–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/budgets-big-dreams-for-infrastructure/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The budget seeks to raise resources for infrastructure
MSME sector: Budget 2021: Left to survive on their own, lament MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/budget-2021-left-to-survive-on-their-own-laments-msmes/articleshow/80661511.cms Synopsis–Finance Minister Nirmala Sitharaman’s measures to give a leg up to the MSME sector in the Budget have left the fraternity largely unimpressed.
Sitharaman’s bad bank plan sparks concern loan prices could be inflated – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/sitharamans-bad-bank-plan-sparks-concern-loan-prices-could-be-inflated/articleshow/80662384.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis There are many details about the bad bank that policy makers haven’t clarified, including its ownership structure, which makes any analysis challenging. But
A bold Budget under challenging conditions – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/a-bold-budget-under-challenging-conditions/articleshow/80657193.cms Synopsis2021 is here, bringing with it a feeling of hope and optimism. India has done well to limit the spread of Covid over
Electronics giants make India hub for exports – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/electronics-giants-make-india-hub-for-exports/articleshow/80656813.cms Synopsis–These global companies in India were only exporting to smaller emerging markets such as the SAARC, Middle East, South Asian, African and Latin
Info-based assessments will help reduce harassment of taxpayers: PC Mody, CBDT chairman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/info-based-assessments-will-help-reduce-harassment-of-taxpayers-pc-mody-cbdt-chairman/articleshow/80660999.cmsSynopsis The provision, announced in the budget for 2021-22 on Monday, along with limiting the time to three years from six years for opening
Despite appearances, Budget 2021 effectively continues to follow a conservative fiscal path – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-despite-appearances-budget-2021-effectively-continues-to-follow-a-conservative-fiscal-path/articleshow/80655948.cmsSynopsis Interestingly though, the FM’s speech did not betray any policy stance to indicate that GoI had finally decided to spend its way out
GoM to decide bare minimum PSUs in strategic sectors: Tuhin Kanta Pandey, DIPAM secretary – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/gom-to-decide-bare-minimum-psus-in-strategic-sectors/articleshow/80659733.cmsSynopsis The government’s focus will be on strategic divestment as its shareholding in most PSEs is close to 51%, leaving little room for minority
Tax on PF: Decision to tax PF interest based on the principle of equity: Ajay Bhushan Pandey, Revenue secretary – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/decision-to-tax-pf-interest-based-on-principle-of-equity/articleshow/80659731.cms Deepshikha SikarwarEditor, The Economic TimesSynopsis In the budget announced on Monday, the govt said interest earned on Employees’ Provident Fund contributions of ₹2.5
Getting back on track: on Union Budget 2021 – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/getting-back-on-track/article33721360.ece In times that call for deft stewardship of the economy, this year’s Budget is a starting point Finance Minister Nirmala Sitharaman made a
Spending more to stimulate growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/spending-more-to-stimulate-growth/article33719861.ece?homepage=true An attempt has been made for a fiscal framework that is both credible and acceptable. But worries remain on fiscal deficit The current
Stricter rules for non-complaint taxpayers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/budget/budget-stricter-rules-for-non-complaint-taxpayers/article33727244.ece?homepage=true Will suffer a higher rate of tax deduction at source On one hand where the Finance Minister had proposed the easing of certain
About 23% of tax disputes amounting to ₹95,000 cr settled under ‘Vivad se Vishwas’: CBDT chairman – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/about-23-of-tax-disputes-amounting-to-95000-cr-settled-under-vivad-se-vishwas-cbdt-chairman/article33729697.ece?homepage=true A disputed amount of ₹95,000 crore has been settled by about 1.20 lakh entities who opted for the ‘Vivad se Vishwas’ scheme to
India to set up bad bank to manage record levels of soured debt |–BUDGET:– Business Standard News
Clipped from: https://www.business-standard.com/budget/article/budget-2021-govt-to-set-up-company-to-manage-record-levels-of-bad-debts-121020100785_1.html The firm will hold problem loans for banks, which can then be sold on to investors at a reduced price, according to plans