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
Category: Economy
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
‘Proposal to rationalise I-T structure can be a double-edged sword’ – The Hindu BusinessLine
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,
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
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