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
Category: Economy
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
RBI may cut interest rates by 40 basis points in FY21: Fitch Solutions | Business News,The Indian Express
A likely easing in inflationary pressures in the forthcoming months will reopen the window for the RBI to once again prioritise growth and ease its
To boost credit, liquidity mechanism is modified – business news – Hindustan Times
RBI has finalized WACR as the single operating target and withdrawn the current provision of maintaining assured liquidity of 1% of NDTL. The Reserve Bank
RBI’s Das adopts the Draghi playbook of unconventional tools to boost demand | Deccan Herald
India’s central bank resorted to unconventional policy tools again, as it shored up efforts to bring borrowing costs down and boost demand in an economy
Deposit Insurance Hike RBI Says Not To Hit Banks Balance Sheets – BW Businessworld
The Reserve Bank does not see any major impact on the balance-sheets of banks due to the five-fold hike in deposit insurance to Rs 5
Budget 2020 will release additional Rs 3 lakh crore to spur consumption: Nirmala Sitharaman–Business Today
Finance Minister Nirmala Sitharaman presented Union Budget 2020 in Parliament on Feb 1st, 2020 Union budget 2020 will release an additional Rs 3 lakh crore into
Budget 2020: Vivad Se Vishwas Bill – moving towards a disputeless tax regime–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
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