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
Category: Economy
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
RBI MPC: Easing without cutting–Economic Times
By Siddhartha Sanyal The MPC’s decision to keep the repo rate unchanged in February is no surprise. Given the spike in retail inflation prints in
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
Demonetisation was a good move: Mohandas Pai – The Hindu BusinessLine
Changing behaviour of people brought down black money Mohandas Pai, a former Director and Chief Financial Officer of the software icon, Infosys, has hailed the
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
FM has rightly focussed on healthcare fundamentals – The Hindu BusinessLine
Healthcare as a sector is critical for nation-building in India from several perspectives. Firstly, it is the fifth largest sector in the economy, with a
Budget 2020: Development for all – The Hindu BusinessLine
It covers financial, development concerns The Centre has not been bogged down by the resource constraints and has continued with its spending on infrastructure and
‘Charge of govt trimming food subsidy not true’ – The Hindu BusinessLine
Expenditure Secretary says funding pattern changed to remove crowding out effect on private sector Asserting that the Budget is expansionary in nature, Expenditure Secretary TV
Incomes of bonafide NRI workers in tax-free countries will not be taxed in India – The Hindu BusinessLine
Finance Ministry clarification on Budget residency provision calms nerves The Finance Ministry has issued a clarification that clears the air over a contentious anti-tax abuse
No one will be a loser in the new income-tax regime, says Revenue Secretary – The Hindu BusinessLine
‘New regime will benefit those who were not able to take advantage of exemptions’ Revenue Secretary Ajay Bhushan Pandey on Sunday made it clear that
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