Page 37 - Budget 2021

GDP may contract 7.5% this year, need policy reforms in Budget: Virmani

Indian economy is likely to contract 7.5 per cent in the current fiscal but will see a double-digit growth in 2021-22, former chief economic adviser Arvind Virmani said on Wednesday.

UKIBC for tax parity between domestic and foreign companies in Budget

The reduction in the corporate tax rate for domestic firms, creates significant disparity between the effective tax rates applicable to foreign companies

Budget 2021-22 wishlist: Here are the key challenges in automotive sector

The sector accounts for a major share of the retail financing and is key to driving sales in the commercial vehicle segment

Budget Byte: Can the GDP fall increase Budgetary share of defence forces?

Due to a contraction in the economy, defence spend as a share of GDP has risen in the first half of this year, touching the mark of 2%

Budget 2021: Gross tax revenues likely to get back on track in FY22

Gross tax revenues may be projected at around Rs 23.65 trn in the Budget, back-of-the-envelope calculations suggest

Economy likely to contract up to 7.5% in FY21, may grow 11% in FY22: Ex-CEA

Addressing a virtual event organised by industry body PHDCCI, Virmani said in the upcoming Budget, the government should come up with policies to accelerate India's economic growth

Budget 2021: Govt's high debt may not warrant sovereign rating cut

Experts waiting for a debt management road map in Budget

Late income-tax returns surge slows direct tax mop-up contraction

Net collection stands at Rs 6.57 trn, compared with Rs 7.24 trn a year ago

Govt may look to correct dividend anomaly for FPIs in upcoming Budget

Last year's Budget had created uncertainty about the quantum of tax to be withheld on dividends paid to non-residents, as the exact tax rate was not specified under section 195

Budget: One-time recast to tax sops, slew of measures in realty wish list

NAREDCO has sought removal of the Rs 2 lakh limit on income tax deduction on housing loan interest.

Tightening revenue deficit doesn't seem the right course: NIPFP director

For the next year, a high buoyancy and a positive growth should increase fiscal space, says Chakraborty

Budget 2021-22 wishlist: Here are the key challenges in health care sector

Close to 75% of medical devices are imported leading to forex loss

Budget Byte: Borrowing to boost spending but debt will bother govt

Even before Covid-19 struck the economy, government was borrowing at a rate that was very close to the nominal GDP growth

Old problem, older solution

State-controlled DFIs will have the same problems as PSBs

Tips to ride market volatility & sectors to invest in ahead of Budget 2021

Listen to the podcast to know how one should play this volatile market ahead of the Budget presentation, scheduled on February 1, 2021

Best of BS Opinion: Financing the vaccine, Hindutva versus growth, and more

Here's a selection of Business Standard opinion pieces for the day

Budget Byte: Disinvestment way behind target of Rs 2.1 trillion, again

This daily series of graphs provides context on some of the critical issues relating to the Union Budget on February 1

Govt likely to unveil new DFI framework in upcoming Union Budget

Some measures for easier infra financing also on the card

Budget 2021-22 wishlist: Here are the key challenges in agriculture sector

There are no provisions for effective monitoring and support for farmers to sell outside the APMC

2021: Dark clouds and silver linings

Fresh hopes on the economic, health and political front temper the grim legacy of 2020