Keeping in mind this decade, there should be discussions and presentation of different views this session, he said
PSU stocks like IRCTC, BPCL, RCF, and RITES have not seen aggressive selling pressure. A small recovery may see a strong bullishness going forward
The new findings were revealed in an online survey conducted by YouGov in which 1,015 people participated
The Indian economy, which the International Monetary Fund singled out as a global bright spot only a few years ago, is set to contract 7.7% in the current fiscal year
While increasing public expenditure is key to revive the economy from the pandemic-induced slump, falling tax revenues mean Sitharaman will have thin resources
Given that the FM has already said that this will be extraordinary Budget, all eyes will be on how she allocates the resources to the most pressing needs of the present time
Did you know that the finance minister's Budget speech has no legal sanctity in India? Yes, there is no provision for the Budget speech under the Constitution of India or any law. It is in addition to what is provided under various laws. Technically, once the FM has presented the three key documents, the Budget exercise is over, says our in-house policy expert A K Bhattacharya in his special video series Beyond Budget Headlines with AKB, as he explains the important areas that we should focus on while listening to the finance minister's speech. Union Budget 2021-22 which will be presented on 1st February 2021 will be the first budget in the history of India in the paperless form. >
he Economic Survey is authored by Chief Economic Adviser (CEA) Krishnamurthy Subramanian and his team. In his first Survey in 2019, Subramanian had set an agenda of achieving 8% sustained GDP growth
A so-called Covid cess shouldn't be announced because the economy is still normalising after a strict and vast lockdown, Sonal Varma, an economist at Nomura Holdings, said on Thursday
Total spending plan for next fiscal may surpass last year's Rs 30.4 trn, with focus likely on expanding a jobs guarantee program to cities and increasing allocation on education, housing, and health
A combination of stepped-up social spending - including on long-neglected healthcare - and a state-led infrastructure push will make the recovery both durable and inclusive
18 Opposition parties to boycott President's address in solidarity with farmers
The final report is expected to be tabled in Parliament during the Budget session that begins on Friday.
Budget 1997-98 reduced corporate tax rates; and encouraged higher investment from FIIs
Gopinath said there is scope for the Indian government to provide more direct support to people
Efficacy of fiscal deficit is limited by revenue deficit - the lower the latter, the bigger the space for capex
This year's budget is due on Monday. All that Finance Minister Sitharaman has to do is to make a provision for the Cairn payment, an insignificant footnote in her $415 billion-plus expenditure plan
The sources said the government was also likely to project a tax revenue increase of 18-20%, aided by the lower base of the current year and an expected economic turnaround
Real estate developers expect the government to provide industry as well as infrastructure status for the sector, increase the corpus of Rs 25,000-crore stress fund, and more tax sops for both homebuyers and builders in the upcoming Budget to boost property demand. They also hope for single-window clearance for projects, measures to boost liquidity, reduction in the GST rates and availability of input tax credit on the GST paid in the Budget 2021-22, which will be presented on February 1. "We sincerely hope that Budget 2021 brings some much-needed relief to homebuyers as well as developers," Tata Realty and Infrastructure MD & CEO Sanjay Dutt said. As the sector's growth relies heavily on the upcoming financial amendments, he said the government should grant industry status to the real estate sector and a single-window clearance mechanism for faster completion of projects. "One GST, one or no stamp duty regime and reduction in registration charges across states are some of the ...
416 stocks shed an average 5.4% and a tenth decline over 10% in just five trading sessions