Page 85 - Budget 2022 News

Budget 2020: 'Overregulation' killing auto industry, says Rajiv Bajaj

Bajaj's remarks come against the backdrop of one of the most prolonged slowdowns plaguing India's automobile market, amid a slowing economy and dipping consumer confidence

Will mkt open for a Saturday Budget? Stock exchanges are awaiting Sebi nod

In the last such instance in 2015, the stock markets were kept open for regular trading hours - which is from 9:00 am to 3:30 pm

A wish list for agriculture

What should the government do?

Budget: Govt mulls more incentives for taxpayers with lower flat tax rate

Sources said that a higher flat rate is also being looked at for the super rich but discussions on this have remained inconclusive.

Budget 2020: FY21 fiscal deficit likely to be around 3.5% of GDP

In the pre-Budget meetings, economists and experts have been advising Sitharaman and Prime Minister Narendra Modi to leave aside fiscal concerns

Budget 2020: India Inc pitches for job creation, higher infra spending

"One of the most important issues is job creation...the most fundamental drive has to be growth with jobs," Srinivasan said

Budget 2020 wishlist: Steel firms want zero duty on pet coke, coking coal

As per the existing duty structure, both coking coal and anthracite coal attract 2.5% import duty

Budget 2020: Commerce ministry seeks a reduction in import duty on gold

Gross export of gems and jewellery declined by 5.3% to $27.7 bn for the first nine months of this FY

Moral hazard

Instead of immunity, India needs simpler tax laws

Commerce Ministry seeks cut in gold import duty in Budget to push export

In the last Budget, the government has increased the import duty on the yellow metal to 12.5%

Can Budget find ways to tackle tax disputes? India Inc is waiting

A robust dispute settlement system would help the government unlock tax revenues, and also aid ease of doing business

Direct tax immunity scheme likely in Budget as govt looks for funds

Proposal will allow assessees to revise declared income without fear of past cases being opened up, or prosecution

Budget 2020: FM may announce second capital infusion for non-life insurers

The government infused Rs 2,500 crore in the three insurers -- National Insurance, Oriental Insurance and United India Insurance -- through first supplementary demands for grants for 2019-20 last mont

Worry about the trend, not the cycle

Our institutional capacity to support trend growth has not stayed the pace

Street signs: Dabba trading worry for brokers, MFs seek common KYC and more

In dabba trading, brokers cut deals on paper chits, instead of the exchange platform to save costs and steer clear of all regulations

Looking at Budget with hope for making offshore funds India-friendly

The objective of introducing this Section was to ensure offshore funds do not pay incremental tax just because those are managed out of India.

Don't lose sight of the long term

There could be disruptions in the near term, but ultimately the economy will bottom out

NPA provisioning should be based on assessment: Srei Infra vice chairman

Sunil Kanoria Vice Chairman, Srei Infrastructure Finance Limited talks about some radical reforms in the banking sector

FinMin may use more cash management bills in FY21 to meet debt obligations

Though the Union Budget 2020 will decide the fiscal deficit for the next financial year, it is now almost certain that the current fiscal deficit of 3.3 per cent may be unattainable

Auto industry seeks bold fiscal measures in the Budget to revive growth

In the upcoming Union Budget, the auto industry has sought measures, such as reduction in GST rates on vehicles and abolition of duty on import of lithium-ion battery cells, to encourage electric mobi