Tag: budget
Budget will spur job creation, boost investments in startups: Finance minister Nirmala Sitharaman
New Delhi: Finance minister Nirmala Sitharaman on Sunday said the budget proposals will spur job creation, encourage investments in startups, leave more money with the…
angel tax: Removal of angel tax for startups to help attract investors: Piyush Goyal
Commerce and Industry Minister Piyush Goyal on Sunday said that removal of angel tax, which was introduced in 2012 by the UPA government, for all…
Bill for NFIR at advanced stage; likely to be introduced in next session: DEA Secretary
The Bill for setting up a National Financial Information Registry (NFIR) is in the advanced stage of preparation, and it may be introduced in the…
Capital gains tax rationalisation was industry’s demand, says Revenue Secy
Revenue secretary Sanjay Malhotra Friday defended the government’s decision to rationalise the capital gains tax regime saying that the industry itself had demanded rationalisation of…
1% TDS on property purchase over Rs 50 lakh even in case of multiple buyers or sellers
(This story originally appeared in on Jul 26, 2024) Mumbai: In case of purchase of immovable property (other than agricultural land) from a resident seller,…
FY25 Budget confirms new govt’s commitment to reducing fiscal deficit: Fitch
Fitch Ratings on Friday said India’s post-election budget confirms that the new administration remains committed to reducing the fiscal deficit for FY25 and FY26, despite…
Budget widens ambit of transfer pricing, enhances power of officers to pick domestic cases
The budget has proposed to widen the transfer pricing provision, extending it to even some domestic transactions.It has also enhanced the power of the transfer…
Growth-oriented outlook, inclusive provisions to uplift all sections of society
The announcements and provisions made in the Union Budget 2024 indicate an intention to have a multiplier effect for uplifting the poor, youth, women, and…
Budget: FM Nirmala Sitharaman: Word we gave post-Covid on fiscal glide path will have to be honoured
Industry was extensively consulted while designing the employment schemes announced in the budget and will be involved at the implementation stage as well, finance minister…
After India Stack, why Sitharaman proposed another stack for economic boost
Agriculture sector provides livelihood support to about 42.3% of the population of India and has a share of 18.2 per cent in the country’s GDP…