The maiden budget of our first woman FM is high on policy and expenditure allocation but low on complex changes in income tax provisions. With
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Nirmala Sitharaman’s maiden Budget is good, but there’s room for more | Business Standard Column
The first Budget of a government with a five-year mandate was expected to do two things: (a) maintain continuity of action undertaken in the earlier
Union budget of India: Focused reforms show the way forward: Arvind Virmani, former CEA – The Economic Times
Let me start with the Economic Survey. It has two messages. One, it has indicated that the focus will be on private investment and growth because
Budget 2019: Visa, Mastercard brace for serious blow after Sitharaman’s e-payment push – The Economic Times
The government’s move to do away with bank charges on electronic payments for businesses with an annual turnover of Rs 50 crore could hit Mastercard and Visa hard as
budget 2019: Budget 2019: Decoding Nirmala Sitharaman’s budgetary allocation for MSMEs – The Economic Times
Interest Subvention Scheme for Incremental Credit to MSMEs, whose revised estimates for FY 2018-19 stood at Rs 275 crore, has now been increased to Rs
black money: Budget 2019: New NRIs in focus as government goes after black money – The Economic Times
Black money continues to be a bee in the government’s bonnet. It will change the law to go after Indians who have settled abroad to get
Budget 2019: Congress slams budget as ‘insipid’ and ‘opaque’, says it’s old wine in new bottle – The Economic Times
The Congress on Friday dubbed the Union Budget as “insipid” and an “opaque exercise” prepared without listening to the voices of either ordinary citizens or knowledgeable economists
Home Loan: Budget 2019 hikes tax break on interest paid on loan for affordable housing by Rs 1.5 lakh
This will translate in to benefit of Rs 7 lakh to the middle class home buyers over a loan period of 15 years. Budget 2019 proposes
Aadhaar card: Budget 2019: No need for a PAN, you can quote Aadhaar number for filing I-T return–Economic Times
With an aim to simplify tax administration and bring greater transparency, FM has proposed inter-changeability of PAN and Aadhaar. “Those who don’t have PAN, can
NCLT stalls deregistration of Jet Aircraft – The Economic Times
NCLT had in June admitted a plea from Jet’s top lender State Bank of India on loan repayment defaults by the airline, and appointed Ashish
budget 2019: Budget with many positives, yet actual implementation holds the key: MSME Inc – The Economic Times
As a result of the government’s move on the corporate tax, 99.3% of the companies operating in the country would benefit, the finance minister said
Budget 2019: Many positives, but lower tax mop up could derail fiscal math | Business Standard News
The initial market response to the Budget was negative. While the major indices did not fall much, the sell-off came later and across the board,
Why we need to take fiscal deficit of 3.3% with a pinch of salt – The Hindu BusinessLine
The bond markets have rejoiced. The yield on the 10-year G-Sec has fallen by 10 basis points, cheering the 3.3% fiscal deficit number retained for
The focus is on the big picture, says CEA Subramanian – The Hindu BusinessLine
Thrust is on ways to achieve 8% growth; sector-specific reforms likely in next Survey The Economic Survey is all about focussing on the “big picture”
Nitin Gadkari welcomes announcements for MSMEs in Budget – The Hindu BusinessLine
Union Minister Nitin Gadkari on Friday welcomed the announcements for MSMEs in the Budget and said his ministry has decided to raise the sector’s contribution
Simple prescriptions – The Hindu BusinessLine
The Survey recommends an investment-led growth model as a panacea for India’s economic ills India’s annual Economic Surveys once pedantic tomes that very few folks
Bank employees seek PM’s attention to pension demand – The Economic Times
IBA has pegged the cost of updating pension in PSBs at Rs 95,000 crore and said that banks, which have been under severe stress with
Rating companies: PwC exits put auditors, banks, rating cos in a fix – The Economic Times
Following PwC’s departure, all the companies concerned have replaced it with an Indian auditor, not a Big Four firm (Deloitte, KPMG, EY or PwC). The
Calls for reduction of interest rate- here are pros and cons – The Financial Express
The best indicator of investment is the gross fixed capital formation (GFCF) rate, which is expressed as a percentage of GDP at current prices. With
Wilful defaults in India cross $21 billion in 2018-19 – The Financial Express
India’s state-owned banks had classified 1.50 trillion rupees ($21.76 billion) worth of loans as “wilful defaults” in 2018-19, with the biggest lender State Bank of