Page 8 - Arup Roychoudhury

Union Budget 2023-24: Govt mulls options on capital gains tax regime

As preparations begin for the next budget, discussions have gained steam around what the government would do with the capital gains tax regime

OECD cuts India FY23 GDP forecast to 6.6% on slowdown at home, global fears

Says India is set to be second-fastest growing G-20 economy in FY23, despite decelerating global demand and tightening of monetary policy to manage inflationary pressures

PMGKAY likely to end in December on fiscal, foodgrain constraints

"The food subsidy burden is already crossing Rs 3 trillion and we are hopeful that it will be brought down below that mark," said a senior government official

Focus on job creation, capex boost, tax measures in Budget: Industry to FM

Employment-linked incentive scheme for services sector suggested

Cut I-T, review capital gains tax in Budget 2023-24: CII to govt

FM Nirmala Sitharaman's pre-Budget consultations from today

First G20 meeting under India's presidency in Dec; FM talks in Feb

The Finance Track of the powerful G-20 grouping is older than the Sherpa Track, since G-20 was formed with the intention of governance of the global economy

Amit Mitra asks FM Sitharaman to urgently call GST Council meeting

Points out that under the regulations governing the all-powerful body, a meeting should be held every quarter

Finance ministry likely to give additional Rs 25,000 crore for MGNREGS

But asks rural development ministry to identify and remove inefficiencies

Budget 2023-24: Centre's capex support for states likely to continue

The scheme, for FY23, consists of Rs 1 trillion, 50-year, interest-free capex loans to states. It is part of the Centre's capex budget of Rs 7.5 trillion

Sitharaman, Yellen urge bilateral cooperation amid geopolitical uncertainty

Visiting US official speaks about 'shared goals' on climate change, debt burden of developing countries

Budget 2023-24: Sitharaman's meetings with stakeholders to begin on Nov 21

Seven meetings will take place between November 21 and 24, while the pre-budget interaction with state Finance Ministers is expected to take place in December in Madurai

Govt to finance green bond projects and initiatives under 9 categories

Proceeds will be deposited in the Consolidated Fund of India

Govt may release green bond framework today; financing under 9 categories

Proceeds from green bond issuances will be deposited in the Consolidated Fund of India

Recession, climate change, Ukraine war: Kant lists challenges before G20

The former Niti Aayog chief executive said that climate change was another big crisis that the world faced, impacting larger nations, as well as threatening to submerge smaller island nations

FY23 GDP growth may not exceed 7%, says CEA V Anantha Nageswaran

The IMF sees FY23 GDP growth at 6.8 per cent compared with 7.4 per cent earlier, while the RBI has cut its forecast to 7 per cent from 7.2 per cent

Rs 16K-crore green bond framework to cover funding across sectors

The framework is expected to cover funding of green and sustainable infrastructure across sectors such as roads, railways, urban transportation, and even agriculture and social sector

FM Sitharaman likely to begin pre-Budget talks from third week of November

FM Nirmala Sitharaman and senior officials will hold eight meetings in all with all stakeholders

Govt notifies enhanced financial support for Central, state PPP projects

Funding under IIPDF Scheme is in addition to Viability Gap Funding Scheme notified in December 2020

FM Sitharaman lists climate finance, crypto regulation as key G-20 agenda

Nirmala Sitharaman says India will push for the voice of developing and low-income nations

India needs to be flexible as G-20 chief in face of global challenges: CEA

Nageswaran flags climate finance as a key agenda of bloc in face of 'unknown unknowns'