Tag: india
india: India’s services sector shows slower growth in January with PMI decline to 57.2
India‘s services activity slowed in January after touching a six-month high in December, with softening orders spurring caution in companies’ business outlook for the year,…
Number theory: Understanding the Union Budget’s tax calculations
A higher tax buoyancy than 2022-23 is among the most crucial assumptions in the 2023-24 Budget. Tax buoyancy measures changes in taxes per unit change…
Savings via tax-free instruments Rs 4 lakh crore: Revenue secretary
Household savings through tax saving instruments is just Rs 4 lakh crore, which is 16 per cent of total savings, and shifting to new tax…
1 crore in Rs 5-7 lakh income range set to gain from new tax regime
(This story originally appeared in on Feb 03, 2023) NEW DELHI: Close to one crore individuals in the Rs 5-7 lakh income range stand to…
India startup: Budget 2023 to support India’s startup ecosystem: Piyush Goyal
Measures announced in the Budget such as extending the period of incorporation of eligible budding entrepreneurs for providing tax incentives, would provide a lot of…
Indian Trillion Economy: Budget 2023: A focus on growth and transition path to a $7-trillion economy
Amitabh Chaudhry, CEO, Axis Bank The budget grasped the opportunity to consolidate India’s macroeconomic fundamentals. Even as developed economies slow down in 2023, India is…
First budget of Amrit Kaal will build a strong foundation : PM Modi
The first Union Budget of Amrit Kaal, or the 25 years in the run-up to 2047 when Independent India turns 100, will build a strong…
budget custom duty: Domestic manufacturing gets a push in Budget with changes in custom duty
The government has given a fresh push to make in India for the electronics sector in the Budget by lowering custom duties on several components,…
india: India factory growth slowed to 3-month low in Jan, hiring near pause
India‘s manufacturing industry started the year on a weaker note, expanding at the slowest pace in three months in January as output and sales growth…
Economic Survey 2023: Responsive policies and resilient economy
Rajiv Mishra, Senior Economic Advisor, Ministry of Finance Economic challenges can be withstood and gradually mitigated with astute policymaking. This is the overarching message in…