Category: Economy

|| संजीव चांदोरकर अर्थव्यवस्थेची भरभराट ‘बिगर आर्थिक शक्तीं’वरही अप्रत्यक्षपणे अवलंबून असते.. त्यांचा समतोल ढळला तर निव्वळ जागतिकीकरण, आकर्षक कररचना वा ‘ईझ ऑफ डुइंग बिझिनेस’ तारू

Coronavirus adds risk to India’s nascent recovery: Krishnamurthy Subramanian – The Economic Times

By Vrishti Beniwal A nascent recovery in India’s economy faces “unknown” risks from the coronavirus outbreak, according to a top government adviser. “There are some green shoots, but I

India’s economic growth set to bounce back as slump bottoms out: Govt adviser – The Economic Times

Sanyal said the budget has offered a clutch of tax incentives for sovereign wealth and insurance funds, which would leave more banking funds for private

Growth in bank lending to small businesses remain flat in FY20 so far; here’s what RBI data shows – The Financial Express

Credit and Finance for MSMEs: Credit growth to micro and small enterprises (MSE) by banks remained contracted for December 2019 also in the current financial year,

A new kind of harassment: Government notice seeking information | Business Standard Column

A new kind of harassment has appeared in India. It’s the notice that seeks information. Sounds reasonable till you see what sort of information is

Budget proposal on remittances abroad triggers fears of double taxation | Business Standard News

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

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