Page 84 - Budget 2022 News

RBI may discuss interim dividend issue in board meet amid revenue shortfall

If the RBI board agrees to interim dividend based on their six-month performance, it would provide some financial relief to the government, sources added.

Q3 earnings, budget expectations to drive markets this week: Analysts

Market will also be guided by other key factors like Brent crude movement, rupee-dollar trend and foreign investment flows

Budget 2020: Stainless steel sector seeks zero duty on ferro-nickel, scrap

Removal of duty on ferro-nickel and stainless steel scrap is a long standing demand and the Ministry of Steel has also at times batted for zero duty on these items.

Budget wishlist: Exporters seek clarity on slow tax refunds, key schemes

Exporters also hope the Budget will clear the confusion around the old MEIS, which has been discontinued by the government as well as the uncertainty over the awaited RoDTEP scheme

Secondary metal producers seek duty cut on imported scrap in Budget

Secondary metal industry says metal recycling should be treated as a priority sector.

Budget 2020: 15% tax for new units likely to stay for 2 more years

Invest India demands accommodating companies set up a few months earlier

Infrastructure, energy firms wait for NIP fine print to firm up capex plan

The roadmap, companies like JSW Energy and Adani Transport say, helps them decidedly lay down their own multi-year investment plans

MF industry seeks LTCG easing in commodity, gold ETFs, scrapping of STT

Wants holding period for computing long-term gains reduced to one year

Budget and the building blocks of growth

The government has been quick to respond to the slowdown

Budget 2020: Govt may hike customs duty on toys, certain paper, footwear

The Commerce and Industry Ministry in its Budget recommendations to the Finance Ministry has proposed rationalisation of basic customs or import duty on over 300 items from different sectors

Budget: Metal recycling sector urges govt to remove duty on scrap imports

The basic customs duty on metal scraps is in the range of 2.5 to 5% at present

MF group pitches for debt-linked saving schemes with tax benefits in Budget

It further proposed that investments up to Rs 1.5 lakh under DLSS be eligible for tax benefit, subject to a lock in period of 5 years.

What action did Modi government take on promises in its 2019-20 budget?

Business Standard presents its action taken report (ATR) on key announcements in the FY20 Budget

Budget 2020: Govt may announce sops to woo Apple, Samsung suppliers

The proposals floated by MeitY include offering of interest subsidy on local borrowing by manufacturers

Budget wishlist: Steel industry expects relief from taxes, logistic costs

Hopes are running high in the aluminium industry that the finance minister will finally end the inverted duty regime

Some stability, but risks remain

With destocking over, growth is stabilising but its revival faces several pro-cyclical headwinds

Ahead of Budget, Mutual funds' exposure to banks, financials sees a rise

The value of MF holdings in in ICICI Bank increased by Rs 2,900 crore in December

PM's budget consultations reserved only for crony capitalist friends: Rahul

He alleged that Modi has no interest in views or voices of such people like farmers, students, employees and small businessmen

Share buybacks losing lustre as 20% tax bites; firms await relief in Budget

Experts blame the change in tax dynamics for the sharp drop in buybacks

At least Rs 1.5-2 trn capital infusion is needed: Ficci chief Sangita Reddy

If there's a time-bound plan to raise Rs 3-5 trillion through disinvestment, which is more than adequate to cover the spending, it won't affect the ratings, says Sangita Reddy