The Budget proposal to rationalise the tax structure by giving the tax-payer the option to pay tax at reduced rates if deductions are not claimed,
Category: Economy
Residency norms tightened for non-residents – The Hindu BusinessLine
In a setback for many non-resident Indians (NRIs) and not ordinarily resident (NOR) Indians, the Budget has tightened the norms on residency provisions. The intent
Dividend tax change: Who gains, who loses – The Hindu BusinessLine
PSUs and MNCs, who account for much of the dividend pool, may pay out more while promoter-controlled companies may skimp The Union Budget for 2020-21
A Budget for reforms with continuity – The Hindu BusinessLine
Despite the long-run focus, and a relatively conservative Budget, there were many measures to reverse the slowdown The first full Budget of a newly elected
US pushing for trade deal that will hurt India – The Hindu BusinessLine
The US will get substantial access to the Indian market and compromise India’s position in future trade agreements When impunity becomes the order of the
The high cost of raising trade walls – The Hindu
In an economically interconnected and technologically inseparable world, India needs to have an open mind on trade India’s international trade posture appeared to turn protectionist
12% tax revenue growth achievable in 2020-21 fiscal: Revenue Secretary – The Hindu
12% tax revenue growth achievable in 2020-21 fiscal: Revenue Secretary The 2020-21 Budget has pegged gross tax revenues for 2020-21 at ₹24.23 lakh crore. A
Budget 2020-2021: Measures to boost supply chain finance for MSMEs is well-intended – The Economic Times
By Arun Singh In India, over 81 million economic entities, excluding those involved in crop production, public administration and defense, are estimated to be operational. But
Loans for auto, homes and SMEs likely to get a boost – The Economic Times
Home loans, vehicle loans and loans to MSMEs accounted for 22.4% of gross bank credit as of end December. The central bank Thursday sought to
Bringing MSMEs into e-commerce | Business Standard
The advent of e-commerce has shifted the locus of retail business in both the global and domestic context by bringing the store to the customer,
RBI has opted for macroprudential intervention, unveiling two other “unconventional” policy arrows–Indian Express
The RBI is still very concerned about growth and the burgeoning negative gap between the current growth trajectory and potential growth. In its December policy,
Finance ministry expects at least 80 per cent of taxpayers to move to new tax regime – The Economic Times
Mumbai: The finance ministry expects at least 80 per cent of the taxpayers to move to the new income tax regime, Revenue Secretary Ajay Bhushan Pandey said on Friday.
Budget 2020 provides ‘discreet and considered’ stimulus: FM – The Economic Times
MUMBAI: Finance Minister Nirmala Sitharaman on Friday said the budget presented by her last week provides a “discreet and considered” stimulus. Speaking to industry representatives in the financial capital, Sitharaman
Welcome Boost to The Bond Market–Economic Times
The Union Budget 2020 has proposed a number of welcome steps to strengthen the bond market, so as to have modern arm’s-length finance for long-gestation
काळ्या पैशाचा बिनधोक प्रवास! | लोकसत्ता
महेश सरलष्कर देशाची आर्थिक स्थिती आणि शेअर बाजारातील बरकत यांच्यात परस्परविरोधी चित्र दिसते ते का? काळ्या पैशापैकी ४० टक्के पैसा मॉरिशसहून ‘पांढरा’ होऊन भारतात येत
Why India’s present slump is a more serious issue than earlier slowdowns | Business Standard Column
The narrative preferred by many if not most economic commentators is that the Modi government has not done well by the economy. The near-consensus is
Revival in high-frequency indicators shows modest growth momentum recovery | Business Standard News
In its bimonthly monetary policy review, the MPC of the RBI on February 6 kept the repo rate and the reverse repo rate unchanged at
RBI policy: Monsoon and spending pattern hold key for economic revival | Business Standard News
There has not been any surprise in the Monetary Policy Committee (MPC) action as the 7.4 per cent CPI inflation number for December provided little scope for
RBI’s growth push | The Indian Express
The RBI is still very concerned about growth and the burgeoning negative gap between the current growth trajectory and potential growth. In its December policy,
Cut tax rates, increase revenue | The Indian Express
India’s competitors, especially in Asia, have effective tax rates in the mid to high teens. Illustration by C R Sasikumar On September 20, 2019, Finance
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