The numbers in aggregate mean the Government of India will not let the fiscal deficit run away in FY22
The Budget will be presented in the backdrop of a revival of the economy and expectations of good corporate earnings in the December quarter
Lakhvi pleaded before the court that he was falsely implicated in this case. Stay tuned for Latest LIVE news
The government's First Advance Estimate suggests the worst performance ever for the Indian economy in the wake of the slowdown caused by the coronavirus pandemic
Finance Minister Nirmala Sitharaman reviewed the progress of projects worth Rs 3.6 trn under the national infrastructure pipeline
Says ministry's new curbs will impact businesses that usually have accumulated credits, as they will have to discharge output tax liability in cash instead of available credit balance
The Budget session will be held in two parts: from January 29 to February 15 and then from March 8 to April 8
Currently, Singh is serving as additional private secretary to the finance minister
What should Budget do to boost investment and spur economic recovery? Don't underestimate the importance of increasing investment, says Business Standard's in-house policy expert A K Bhattacharya
The year 2020 was no ordinary year and so the Budget 2021 will also not be an ordinary budget. We have had enough indication from the government that the public spending momentum will continue and fiscal deficit will not be a big cause of worry for the Finance Minister. But what should Budget do to boost investment and spur economic recovery? Don't underestimate the importance of increasing investment, says Business Standard's in-house policy expert A K Bhattacharya, as the demand recovery will require more investment to be made. Watch the fourth episode of our special pre-Budget video series, Beyond Budget Headlines with AKB, to also learn why shrinking tax base is a huge challenge and bank recapitalisation is the need of the hour.
Achieving a vaccine roll-out on a scale that social-distancing norms can be dispensed with can't be expected for most of 2021
Budget 2021 must overhaul the existing FRBM Act to set feasible targets on deficit and debt
What does FM Sitharaman's 'never-before Budget' assertion mean? Are there more relief measures in store or should we prepare for some shock in Budget 2021? A K Bhattacharya explains what we can expect
The economy floundered, manufacturing contracted and job losses mounted across sectors and skill levels. The urban work force was hit the hardest.
Trading community urged FM Nirmala Sitharaman and GST Council to withdraw certain provisions of the new GST notification issued a few days back
This restriction will not apply where the managing director or any partner has paid more than Rs 1 lakh as income tax
Centre may have to amend FRBM Act once again to achieve this, which isn't an issue as such an amendment does not require a two-third or three-fourth majority
FIDC has written to the Finance Minister Nirmala Sitharaman seeking measures to improve liquidity support for small and mid-sized NBFCs in the FY22 Union Budget
Having multiple GST rates not only leads to complexities in compliance and tax structure, but also does not optically make India tax-friendly and competitive globally
The Direct Taxes Professionals Association (DTPA) has urged Finance Minister Nirmala Sitharaman for extension of date of furnishing of tax audit report under section 44AB to February 28