While presenting her second Union Budget on February 1, Finance Minister Nirmala Sitharaman justified the slippage of 0.5 percentage point in fiscal deficit on the ground that the
Category: Economy
Some thoughts on the Budget | Business Standard Column
Ten days after the presentation of the Union Budget ,everything worth saying has already been said or voiced in the media. So here I shall
Coronavirus outbreak opportunity for India to expand exports: Krishnamurthy Subramanian – Times of India
KOLKATA: The coronavirus outbreak in China provides an opportunity for India to expand exports, chief economic advisor (CEA) Krishnamurthy Subramanian said on Wednesday. India is one of
Economy needs structural and governance reforms–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
India won’t get anymore special preference from US; here’s why | Business News,The Indian Express
The Trump administration is changing a key exemption to America’s trade-remedy laws to make it easier to penalize about two dozen so-called developing countries including
Chasing dollars: India’s projects increasingly funded by offshore borrowings – business news – Hindustan Times
Finance minister Nirmala Sitharaman on Tuesday pointed out to some green shoots in the economy. While macroeconomic data is yet to pleasantly surprise markets, the
‘जागतिकीकरणाच्या शोकेस’ला तडे | लोकसत्ता
|| 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
