Page 122 - Budget 2022 News

Budget 2018: Crop insurance scheme likely to get allocation of Rs 130 bn

Under the upgraded crop insurance scheme PMFBY, launched early 2016, farmers pay a very nominal premium and get a full claim for the crop damage

Ahead of Budget, Centre relaxes FDI norms in airlines, retail, construction

The government also relaxed FDI policy for medical devices and audit firms associated with companies receiving overseas funds

Rupee reverses two day steep fall, ends at 11 paise at 63.26 against dollar

The rupee lost a whopping 34 paise in last two days

FDI not worth much without technology transfer, says Subramanian Swamy

Swamy's comments happen to come on a day when the government has announced big bang FDI reforms ahead of the budget next month

Budget 2018: Andhra CM writes to FM for grant through NABARD for projects

He requested that certain projects be funded in the form of 'grants' instead of loans from external agencies

Cushioning the blow

Taxation regime for capital gains from equities needs a relook

News digest: Budget 2018, foreign banks, metro network, and more

From expanding metro footprints to Skoda's growth plan, BS brings you up to date with the latest news

Direct tax boost before Budget: Apr-Dec collection up 18.2% at Rs 6.6 trn

The net direct tax collections represent 67% of total Budget Estimates of direct taxes for FY2017-18 is Rs 9.8 trillion: Finance Ministry

Direct tax collection rises 18.2% in December, gives govt fiscal relief

Fiscal deficit target faced pressure due to lower growth in gross domestic product than estimated in the Budget

FM may hike tax exemption limit from Rs 250,000 to Rs 300,000: Sources

Govt could lower tax rate by 10% on income between Rs 5,00,000 and Rs 10,00,000, levy 20% rate for income between Rs 10,00,000 and 20,00,000 and 30% for income beyond Rs 20,00,000

Rs 6-trn direct tax collection rescues govt in fiscally difficult year

The fiscal deficit target faces pressure due to less growth in the gross domestic product than estimated in the Budget.

Tougher Budget? Short-term capital gains on stocks may stretch to 3 years

A section of stakeholders also wants LTCG on equities reimposed, but budgetmakers feel such a move may spook institutional investors

Stay braced for sudden corrections

The Indian indices have hit all-time highs in the New Year and the sentiment remains strong. All valuations are also at extremely high levels

Budget 2018: Govt funds for cybersecurity on the decline over past 3 years

Allocation for cybersecurity in 2015-16 decreased to Rs 1.05 billion at BE stage and further to Rs 850 million at RE stage; actual expenditure was Rs 682 million

Budget 2018: FM may extend short-term capital gains tax on stocks to 3 yrs

Finance ministry may tweak tax norms for listed stocks

Budget 2018: Govt to overhaul railway signal system for locomotive drivers

Railway Minister Piyush Goyal said: 'We are planning to completely overhaul the existing signalling system'

7 reasons why FY18 GDP growth forecast should be viewed with caution

Advance estimates have been compiled by extrapolating numbers available for 6-8 months against the full year, so it is more of a statistical exercise and does not take into account any new information

RBI likely to transfer additional funds to govt this fiscal year

Lower growth forecast to add to fiscal pressure

Union Budget 2018 won't be populist: NITI Aayog VC Rajiv Kumar

The budget will primarily focus on basic healthcare facilities, primary education, agriculture, infrastructure, says NITI Aayog Vice Chairman Rajiv Kumar

'Ahead of 2019 polls, govt's focus to shift from reforms to jobs, growth'

Deutsche Bank reports that the key focus areas for the government will be growth acceleration, employment generation and improving agricultural income