Friday, Jul 01, 2022
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Centre's Fiscal Deficit At 12.3% Of Full Year Target In May: Official Data

Centre's Fiscal Deficit At 12.3% Of Full Year Target In May: Official Data

The fiscal deficit was at 8.2 per cent of the Budget Estimate (RE) of 2021-22 during the corresponding period

30 June 2022
When Can Income Tax Returns Assessment Be Reopened And What Can You Do?

When Can Income Tax Returns Assessment Be Reopened And What Can You Do?

What should you do if you fail to file or correctly file your income tax return? Should you go for reopening your assessment or file an updated tax return?...

05 May 2022

What Does Digital Currency Anonymity Feature For Low-Value Transactions Mean?

It is possible to have anonymity in digital currency transactions such as those in cryptocurrencies. The Reserve Bank of India may allow such a feature for...

The Rise of NFTs: Need For A Progressive Regulatory Framework

The Rise of NFTs: Need For A Progressive Regulatory Framework

The rise of NFTs as a separate entity different from crypto currencies calls for the requirement of a regulatory framework to prevent forgeries and for the...

16 April 2022

Private Sector Capex Cycle To See Revival During Second Half Of Current Fiscal: CEA

An RBI survey has shown a jump in capacity utilisation by the industry from 68 per cent to 74 per cent, Nageswaran said, adding, the top four firms in several...

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29 March 2022
Parliament Passes Budget: FM Sitharaman Says Will Ensure Predictable Recovery

Parliament Passes Budget: FM Sitharaman Says Will Ensure Predictable Recovery

Sitharaman also defended the handling of inflation but acknowledged the ongoing war in Russia and Ukraine has posed fresh challenges


25 March 2022
Finance Bill 2022: MPs Get Vocal On Crypto in Lok Sabha

Finance Bill 2022: MPs Get Vocal On Crypto in Lok Sabha

Both government and Opposition leaders debate on cryptocurrency in Lok Sabha during discussion on Finance Bill 2022; move to pass proposal calling for heavy...


11 March 2022
Budget Assumptions Prudent, Will Help Macro-Fundamentals To Hold-Up Amid Russia-Ukraine Tensions: CEA

Budget Assumptions Prudent, Will Help Macro-Fundamentals To Hold-Up Amid Russia-Ukraine Tensions: CEA

Nageswaran, who joined as the CEA days ahead of the budget presentation, said the assumptions on growth and revenue mop-up are prudent because they internalise...


03 March 2022
Freelancers Can Use These Expenses To Avail Tax Deductions

Freelancers Can Use These Expenses To Avail Tax Deductions

Even when you are a freelancer, you are liable to pay taxes, as per income tax laws. Here’s a guide to understanding the expenses that are tax deductible...


03 March 2022
Crypto Taxes From April 1: Heavy Taxes Curb Opportunities In Crypto Investments

Crypto Taxes From April 1: Heavy Taxes Curb Opportunities In Crypto Investments

The heavy taxation on cryptocurrencies could hurt the prospects of the industry in India, especially in talent and investments


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24 February 2022
Modi Advices Pvt. Industry To Cut Edible Oil Imports And buy Locally produced Oilseeds

Modi Advices Pvt. Industry To Cut Edible Oil Imports And buy Locally produced Oilseeds

It is to be noted that India imports 60-65 per cent of its edible oil requirement.


24 February 2022
Sify Technologies’ Mumbai data centre to get green energy boost

Sify Technologies’ Mumbai data centre to get green energy boost

Company to power more of its data centres and facilities using renewable sources over the years  


21 February 2022
Government Aims For Sustained Recovery; Infrastructure Spends To Help Economy, Says Finance Minister

Government Aims For Sustained Recovery; Infrastructure Spends To Help Economy, Says Finance Minister

Stating that technology has helped the government make payments to the affected people during the pandemic, Sitharaman said it is also looking at how digital...


21 February 2022
Leveraging Digital Channels, Tech To Become $5 Trillion Economy Welcome Step By Government: HUL's Mehta

Leveraging Digital Channels, Tech To Become $5 Trillion Economy Welcome Step By Government: HUL's Mehta

While referring to the recent Union Budget, HUL Chairman and Managing Director Sanjiv Mehta said the ubiquity of technology and the need for mainstreaming it...


14 February 2022
Budget 2022: How A Common Man’s Budget Speech Would Really Look Like 

Budget 2022: How A Common Man’s Budget Speech Would Really Look Like 

A public policy experts' take on what Budget 2022 should have looked like.


13 February 2022
Budget Provisions To Boost Financial Inclusion Goals, Bring Best Practices In Postal Department, Says Government

Budget Provisions To Boost Financial Inclusion Goals, Bring Best Practices In Postal Department, Says Government

Overall, the gross budgetary support for the Department of Posts has been pegged at Rs 36,395.89 crore for 2022-23, against Rs 35,173.27 crore in fiscal...


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11 February 2022
'What Is This Poverty?': Sitharaman On Rahul Gandhi's 2013 'State Of Mind' Remark

'What Is This Poverty?': Sitharaman On Rahul Gandhi's 2013 'State Of Mind' Remark

Without naming Gandhi, she referred to the Congress leader's remarks on poverty to counter the criticism from Opposition leaders, including former finance...


11 February 2022
Government Has Sovereign Right To Tax Cryptocurrency, Says Finance Minister

Government Has Sovereign Right To Tax Cryptocurrency, Says Finance Minister

Finance Minister Nirmala Sitharaman on Friday said the government has sovereign right to tax profit made from cryptocurrency transactions, and the decision on...


10 February 2022
FY22 Fiscal Deficit Estimate A Responsible Target, Says Sitharaman

FY22 Fiscal Deficit Estimate A Responsible Target, Says Sitharaman

In her Budget speech on February 1, Sitharaman had said that the revised fiscal deficit in the current financial year is estimated at 6.9 per cent of GDP as...


09 February 2022
BJP Will Not Make Promises That Can't Be Fulfilled: Union Minister On Manifesto For Manipur Polls

BJP Will Not Make Promises That Can't Be Fulfilled: Union Minister On Manifesto For Manipur Polls

Yadav, the BJP's in charge of the polls in the northeastern state, said the saffron camp has held discussions with various stakeholders and set up a committee...


08 February 2022
Sustainability High On The Agenda Of Budget 2022

Sustainability High On The Agenda Of Budget 2022

The “green economy’ has been referred to as a “sunrise economy” with a potential for job creation as has been the circular economy transition and the...


08 February 2022
Can India Grow Merely By Building Roads?

Can India Grow Merely By Building Roads?

The government thinks spending money on infrastructure is a self-serving economic activity to spur growth. A look at allied economic processes may not support...


07 February 2022
Higher Deficit, Lack Of Clarity On Consolidation Add Risks To Lowering Debt, Says Fitch

Higher Deficit, Lack Of Clarity On Consolidation Add Risks To Lowering Debt, Says Fitch

Risks around the sustainability of the downward debt trajectory were a key factor behind Fitch's decision to maintain a 'negative' outlook on sovereign when it...


07 February 2022
Decline In Overall Allocation For Agriculture In Budget Disappointed Many: Devegowda

Decline In Overall Allocation For Agriculture In Budget Disappointed Many: Devegowda

Replying to the motion of thanks on the President's speech, he said the government's promise to double farm income by 2022 has no mention in the Budget.


07 February 2022
People Underestimate Structural Reforms Of Last Nine Years, They Will Give India China-Like Growth: Sanjeev Sanyal

People Underestimate Structural Reforms Of Last Nine Years, They Will Give India China-Like Growth: Sanjeev Sanyal

The principal economic advisor is confident of achieving GDP growth promised by finance minister Nirmala Sitharaman in the budget but is also cautious that...


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