Page 60 - Budget 2022 News

India appears better mkt amid coronavirus scare: Nomura's Saion Mukherjee

India is relatively better than some other markets exposed to stuff like tourism, says Saion Mukherjee

Beyond numbers

Budget speech should have been fact-checked

LIC disinvestment: 100,000 employees stage walk-out across country

There are 13 unions in LIC, and employees and officers affiliated to 11 unions were on protest

Wanted to keep Budget Speech shorter but ended up breaking own record: FM

In July presenting her maiden Budget, Sitharaman had spoken for 2 hours 17 minutes

AGR not part of Budget 2020: Spectrum auction at base price could fill in

Clearly the government is pinning its hope very highly on the mega success of the spectrum auction

A splash of sunshine and a hint on thermal

Mention of clean air in the Budget indicates that some sort of priority is accorded to it

Budget 2020: Rs 2,500 cr not enough for tourism promotion, says industry

Tourism bodies say Indians spending Rs 9,000 cr abroad abroad due to poor domestic infra, which cannot be improved with this allocation

RBI MPC starts meeting to decide new rates amid slowdown, rising inflation

The retail inflation that for several months remained in the comfort zone of the central bank has started inching up and crossed the 7 per cent mark during December 2019

'Too radical': Centre likely to implement direct tax code in parts

The new income tax regime is modelled on the task force's recommendations

Budget 2020 has not accounted for telcos' AGR dues: DEA secretary

But receipts from firms stand at a whopping Rs 1.33 trillion for FY21

The protectionism path

Budget continues the backward slide on trade

Budget's much-needed leg-up for small units: CRISIL SME Tracker

An evaluation of 13,000 MSMEs using the CRISIL Quantix database shows that working capital comprises over half of their need for debt

Govt not included AGR dues payment in Budget 2020-21: DEA Secretary

15 entities owe the government about Rs 1.47 trillion in past dues -- Rs 92,642 crore in unpaid licence fee and another Rs 55,054 crore in outstanding spectrum usage charges

Budget stimulus unlikely to revive India's growth from slowdown: Experts

Economists and industry leaders said the budget proposals would provide some support to growth over the longer term but were insufficient to give it an immediate boost

Govt very transparent in setting new fiscal deficit target: FM Sitharaman

She further said that many people have been speculating that the fiscal deficit would cross 4%

Power industry hails proposal for smart prepaid metering across the country

Power ministry has been planning it for two years, but with limited success

It's a pragmatic Budget, will put India on right track: Amitabh Kant

He further said if the government will be able to achieve disinvestment target of 2020-21 then the Budget will be very successful

New tax structure will leave more cash in the hands of people: Revenue Secy

He said the Budget gives an option to individuals to migrate to a new regime by foregoing their existing exemptions and deductions for a lower tax rate

Podcast: T N Ninan and A K Bhattacharya dissect Budget 2020

Has Finance Minister Nirmala Sitharaman delivered a fiscally prudent and growth-oriented Budget 2020? Business Standard Chairman T N Ninan and Editorial Director A K Bhattacharya discuss

Budget: No tax relief for home buyers stuck in stalled projects, says FPCE

Real estate developers' apex bodies CREDAI and Naredco have also expressed disappointment over the Budget as their demand of one-time restructuring of builders' loan was not met