Clipped from: https://economictimes.indiatimes.com/news/economy/finance/gst-collections-for-jan-2021-touch-all-time-high-of-rs-1-2-lakh-crore/articleshow/80616224.cmsSynopsis “The GST revenues during January 2021 are the highest since the introduction of GST and have almost touched the ₹ 1.2 lakh crore
Category: Economy
Niramala Sitharaman Budget Plan: Five key numbers to watch out for in Niramala Sitharaman’s Budget spending plan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/five-key-numbers-to-watch-out-for-in-niramala-sitharamans-budget-spending-plan/articleshow/80620945.cmsSynopsis While the success of the budget depends on how effectively India is able to contain rising infections through vaccine drives in the nation
It’s important to get real about what Budget can — and cannot — do – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-its-important-to-get-real-about-what-budget-can-and-cannot-do/articleshow/80617290.cmsSynopsis For starters, remember the budget is really a statement of GoI’s receipts and expenditure for the current year, and an estimate of receipts
It’s happy new year for carmakers, auto cos start 2021 with record dispatches in January – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/cars-uvs/its-happy-new-year-for-carmakers-auto-cos-start-2021-with-record-dispatches-in-january/articleshow/80619567.cmsSynopsis This was the sixth month in a row when passenger vehicle wholesale volume grew in double digits, following on one of the most
With challenges on two fronts, all eyes on Defence Budget – -BUDGET 2021: The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/defence/with-challenges-on-two-fronts-all-eyes-on-defence-budget/articleshow/80617731.cmsSynopsis In 2020, the defence ministry was allocated Rs 4.71 lakh crore but a significant part of this (Rs 1.3 lakh crore) went to
‘The idea of bad bank has merit’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/the-idea-of-bad-bank-has-merit/article33705220.ece?homepage=true Will be more efficient if it is in private sector: Krishnamurthy Subramanian Chief Economic Advisor Krishnamurthy Subramanian said the idea of ‘bad bank’
Economic Survey 2020-21 endorses continuation of expansionary fiscal stance | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/economic-survey-2020-21-endorses-continuation-of-expansionary-fiscal-stance-121012901147_1.html The Survey is also bullish about medium-term growth prospects, largely due to the expenditure support and various reforms. The pre-Budget Economic Survey for
Personal I-T revenue now equals all other direct taxes: That’s a problem | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/personal-i-t-revenue-now-equals-all-other-direct-taxes-that-s-a-problem-121013001192_1.html Until the 1950s taxes on output contributed more to government revenue than those on incomes of people and businesses. But since then the
The tax reliefs that can make this a Budget India hasn’t seen in a hundred years –INDIA BUDGET: — The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/the-tax-reliefs-that-can-make-this-a-budget-india-hasnt-seen-in-a-hundred-years/articleshow/80597377.cmsSynopsis The end of pandemic in sight, all eyes are now on the upcoming Budget in the hope of some much-wanted reliefs and incentives.
Happy about jabs, worried about jobs: India’s mood ahead of Budget –BUDGET 2021- The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/happy-about-jabs-worried-about-jobs-indias-mood-ahead-of-budget/articleshow/80604115.cmsSynopsis ET Magazine conducted a three tier poll — of 100 CEOs, 27 economists and 3,476 middle-class Indians — over a fortnight in January
Fiscal push or reforms: What should it be? Fine print holds clues – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/fiscal-push-or-reforms-what-should-it-be-fine-print-holds-clues/articleshow/80595651.cmsSynopsis Importantly, and perhaps more so after the pandemic, it calls for increasing investment in health infrastructure, by boosting public spending from 1% of
India needs to make efforts to get rating upgrade in line with fundamentals: CEA –ECONOMIC SURVEY– The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/india-needs-to-make-efforts-to-get-rating-upgrade-in-line-with-fundamentals-cea/articleshow/80602606.cmsSynopsis The Economic Survey presented in Parliament on Friday expressed concern over lower sovereign rating assigned by agencies like Fitch, S&P and Moody’s to
Revival of animal spirits with 11% growth rate next fiscal year: CEA Subramanian – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/revival-of-animal-spirits-with-11-growth-rate-next-fiscal-year-cea-subramanian/articleshow/80602290.cmsSynopsis The Economic Survey 2020-21 presented in Parliament on Friday expects the growth rate to rebound sharply from an estimated record contraction of 7.7
Excise duty collection jump 48 % this fiscal on record hike in taxes on petrol, diesel – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/excise-duty-collection-jump-48-this-fiscal-on-record-hike-in-taxes-on-petrol-diesel/article33593119.ece With this, the total incidence of excise duty on petrol rose to ₹ 32.98 per litre and that on diesel to ₹ 31.83
A glossary of terms used in Budget –BUDGET BASICS: The Hindu
Clipped from: https://www.thehindu.com/business/budget/budget-basics-a-glossary-of-terms-used-in-budget/article15617937.ece1 It’s also time for us to learn and ready ourselves for a long speech. And a part of this long speech involves terms
The Hindu Explains | What is inflation, and what is the RBI’s role in tackling it? – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/the-hindu-explains-what-is-inflation-and-what-is-the-rbis-role-in-tackling-it/article33260131.ece Why has the RBI kept key rates unchanged in its latest announcement? The story so far: The Monetary Policy Committee (MPC) of the Reserve
All you wanted to know about the Budget – The Hindu
Clipped from: https://www.thehindu.com/business/all-you-wanted-to-know-about-the-budget/article11623999.ece The 2020 Union Budget was presented on February 1 by Finance Minister Nirmala Sitharaman. This is the second budget of Modi-led NDA govt’s
Why is the RBI worried when volume of bad loans declined in the September quarter? – THE HINDU EXPLAINS | The Hindu
Clipped from: https://www.thehindu.com/business/Industry/the-hindu-explains-why-is-the-rbi-worried-when-volume-of-bad-loans-declined-in-the-september-quarter/article33482737.ece A decline in bad loans is good news. But is it the real picture? What exactly has the RBI said about banks’ health?
Employment scenario still to recover from COVID-19 shock, says survey – The Hindu
Clipped from: https://www.thehindu.com/news/cities/bangalore/employment-scenario-still-to-recover-from-covid-19-shock/article33679321.ece Women fared worse than men when it came to job recovery post-lockdown: Survey A continued and expanded allocation for MGNREGA, as well as
Govt. may tweak customs duty on a host of goods in Budget – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/govt-may-tweak-customs-duty-on-a-host-of-goods-in-budget/article33663254.ece Levy on telecom gear, rubber products likely to be reworked The government may tweak customs duty in the Budget next week on several
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