Clipped from: https://www.deccanherald.com/opinion/first-edit/union-budget-2022-reality-intrudes-in-2047-vision-1077176.html Urgent needs of poor, middle class unaddressed Union Finance Minister Nirmala Sitharaman presents the Union Budget 2022-23 in the Lok Sabha, at Parliament.
Category: May Look At Leisurely
Crypto not illegal, will be taxed like gambling win, says Finance Secy | Deccan Herald
Clipped from: https://www.deccanherald.com/business/union-budget/crypto-not-illegal-will-be-taxed-like-gambling-win-says-finance-secy-1077409.html After years of dilly-dallying on cryptocurrencies, the Budget proposed taxing income from the transfer of virtual assets at 30% Finance Secretary T V Somanathan. Credit:
India’s growth Budget sparks concerns on inflation, tighter rates | Deccan Herald
Clipped from: https://www.deccanherald.com/business/union-budget/indias-growth-budget-sparks-concerns-on-inflation-tighter-rates-1077365.html ‘The longer RBI waits to normalise, the more markets will lose the confidence in RBI’s ability to control inflation and inflation expectations’ Representative
Robust policy changes with muted tax proposals -Budget 2022: | Deccan Herald
Clipped from: https://www.deccanherald.com/business/union-budget/budget-2022-robust-policy-changes-with-muted-tax-proposals-1077311.html This Budget accorded little importance to tax proposals, while addressing only some expectations Representative image. Credit: iStock Photo Union Budget 2022 was presented
The budget has ignored the poor–Prabhat Patnaik writes: INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/the-budget-2022-has-ignored-the-poor-7753859/ Prabhat Patnaik writes: It has blithely ignored the economy’s travails and provided neither stimulus nor succour to those in distress The provision for
Costlier oil and subsidy fall likely to hit consumption in FY23 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/costlier-oil-and-subsidy-fall-likely-to-hit-consumption-in-fy23-122020500046_1.html A cut in subsidy in FY23 comes on the back of an equally sharp cut in FY22 A cut in subsidy is coming
Households liked the Union Budget | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/households-liked-the-budget-122020701490_1.html While equity markets react to budget announcements in real time, households we believe, take a little longer to digest it. Households are not
Crypto taxes in Budget 2022: Better late than never – The Financial Express
Clipped from: https://www.financialexpress.com/money/crypto-taxes-in-budget-2022-better-late-than-never/2429355/ Deeming cryptocurrencies as ‘digital assets’ and a 30% transaction tax on withdrawal are much-needed steps from an economics point of view though they
Govt prepared to deal with any global development: FM Nirmala Sitharaman – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/govt-prepared-to-deal-with-any-global-development-fm-nirmala-sitharaman/article64969753.ece File photo of Nirmala Sitharaman,Minister of Finance and Corporate Affairs in New Delhi | Photo Credit: KAMAL NARANG FM Nirmala Sitharaman exuded confidence
What is the ‘Agile Framework’ used in this year’s Economic Survey – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/bl-explainer-what-is-the-agile-framework-used-in-this-years-economic-survey/article64959383.ece The framework is based on 12 principles What is an Agile Framework? Why is it in the news now? The Economic Survey 2021-22
Can’t have a situation where jobs are in China: Govt on Tesla’s India entry | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/can-t-have-a-situation-where-jobs-are-in-china-govt-on-tesla-s-india-entry-122020801639_1.html The minister of state for heavy industries also told the Lok Sabha during Question Hour that the company is yet to apply for
Tax on unblended fuels may add to uncertainties in ethanol blending policy | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/tax-on-unblended-fuels-may-add-to-uncertainties-in-ethanol-blending-policy-122020701744_1.html Will a mug of ethanol mixed with petrol count as blended, will 5 per cent constitute a blend, or will the government publish
crypto investors: Budget 2022 cryptocurrency tax rules leave little on table for investors: 6 ways crypto investors will be impacted – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/budget-2022-cryptocurrency-tax-rules-leave-little-on-table-for-investors-6-ways-crypto-investors-will-be-impacted/articleshow/89363091.cms SynopsisWhen experts looked into the fine print and investors understood the full implications of the rules, it became clear that the tax rules
Crypto Tax: Tax on profits from cryptocurrency is now very high. Is that a good thing, a bad thing, or nothing? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/tax-on-profits-from-cryptocurrency-is-now-very-high-is-that-a-good-thing-a-bad-thing-or-nothing/articleshow/89364085.cms SynopsisIf one is to believe the news, then people who are involved with crypto trading in any way, are actually happy with the
Decoding SME lending in the 21st century – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/digital-lending-is-the-future-for-msmes-here-why/articleshow/89397784.cms Synopsis With the pandemic providing renewed impetus to MSMEs to digitalize and formalize, proprietors are becoming increasingly comfortable with having their business needs
digital rupee: Why India’s plan to launch a digital rupee needs more thought, less haste – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/indias-plan-to-launch-a-digital-rupee-needs-more-thought-less-haste/articleshow/89417599.cms Synopsis A digital rupee will be like banknotes, but minus the ATMs. Users will be able to transfer purchasing power from their deposit
private investment: View: Budget 2022 lays the groundwork for private investment revival in the economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-budget-2022-lays-the-groundwork-for-private-investment-revival-in-the-economy/articleshow/89398131.cms Synopsis Budget 2022 continues to focus on strong capital formation in the economy and puts in place an incentive structure to stimulate private
GoI is putting a spotlight on infrastructure-led growth. But how soon will this crowd in private investments? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/goi-is-putting-a-spotlight-on-infrastructure-led-growth-but-how-soon-will-this-crowd-in-private-investments/articleshow/89372095.cms Synopsis It was a bit of a surprise when Finance Minister Nirmala Sitharaman’s Budget 2022 did not take the usual route of handouts
Why India may clock a consistently higher GDP growth rate of more than 9% – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/why-india-may-clock-a-consistently-higher-gdp-growth-rate-of-more-than-9/articleshow/89358307.cms Synopsis Alongside including several steps to improve the ease of doing business in India, the finance minister announced policy measures to make dispute
Capex boost essential to crowd in private investment and kickstart virtuous cycle: Sanjeev Sanyal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/capex-boost-essential-to-crowd-in-private-investment-and-kickstart-virtuous-cycle-sanjeev-sanyal/articleshow/89357969.cms Synopsis Sanyal says India is talking to central banks and finance ministries around the world about regulating crypto assets as these can’t be
