Page 39 - Indivjal Dhasmana

Focus on capex does not make Budget inflationary: Expenditure Secretary

We expect the cost of the vaccination to be Rs 700 per person. This includes the price of two shots at Rs 200-250 each, says Somanathan

Budget not just about raising, lowering tax: Finance secretary A B Pandey

The Budget should not be seen only as an exercise where you increase or decrease taxes, but also where you provide stability of rates, says Pandey

Finance Commission keeps tax devolution for states at 41% in FY22

With grants, the transfer is roughly 50-50 of divisible tax pool between Centre, states; N K Singh says Commission worked without any bias

Going easy on loans: FM brings transparency in off-budget borrowings

Does away with loans from National Small Savings Fund to Food Corporation of India

Govt takes capital expenditure route to spur growth in Budget 2021

At 15.9%, capex share in total spend for FY22 will be the highest in over a decade

Hit hard by Covid-19 lockdown, economy on firm path of fragile recovery

Though the first case of Covid was detected at the end of January last year, the impact on the economy began to be felt towards the end of March, when the first nationwide lockdown was announced

Highest since independence: Economic Survey pegs GDP growth at 11% in FY22

This translates into real GDP growing only 2.4% over the absolute level of 2019-20

Budget to be seen as part of mini budgets of 2020, says PM Narendra Modi

Sitharaman is scheduled to present the Budget in the Lok Sabha on Monday

Reality check on economic surveys: A case of hits and misses on GDP numbers

Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark

Atmanirbhar campaign in sync with globalisation, PM tells MNC heads

Says India to soon supply two vaccines to the world, many more will come, going forward

After R-Day violence, farmers call off march to Parliament on February 1

Police book Tikait, many other farmer leaders

IMF revises India growth forecast, sees GDP shrinking at sharper 8% in FY21

Expects economy to grow 11.5% next year, which could slightly correct govt's fiscal mathematics

Direct tax compliance set to be made easier in upcoming Budget

Budget may resolve issues related to administration

Budget 2021 may show Centre's fiscal deficit at 5.5% of GDP for FY22

The significant shortfall in receipts is likely to lead to the doubling of fiscal deficit to an estimated 6.9 per cent of GDP in FY21

India witnesses highest growth in FDI in 2020 due to digital investments

On the other hand, fund flows "declined most strongly" in major economies such as the UK, the US and Russia due to the pandemic

Shift from supply-side fillip to demand boost in Budget: Amit Mitra to FM

In a letter to Nirmala Sitharaman, West Bengal finance minister Amt Mitra suggested the Centre follow Keynesian economics at this juncture instead of Say's law

Delhi High Court serves notice on govt, GST Council in real estate case

As such, the prima facie evidence as required under the anti-profiteering provisions of the CGST Act does not exist, according to the petitioner.

Budget 2021: Go for bond, not cess to fund Covid expenditure, say experts

The amount raised through these bonds would not be high since domestic borrowing will exert pressure on yields.

Net payroll addition declines in line with other macroeconomic data

After looking up for two months since lockdown was eased in September, various data point to slowing down of the economy in November

Companies call for demand creation and income tax relief in Budget

Only 28 per cent in Ficci survey are for fiscal consolidation