
Budget FY23 demonstrates the commitment of the government to channelise its policies and funds to areas of high growth.
The allocation for the mid-day meal scheme, now called PM POSHAN, is below both the amount budgeted in FY22 and…
Current regime is ‘complicated’, says revenue secy, hinting at changes.
Jharna Das (CPI-M) claimed that the allocation of all major schemes for farmers has been seeing budgetary cuts.
Measures have been introduced to bring in reforms that will further simplify the tax system, promote voluntary compliance by taxpayers.
Announcements related to kisan drones and financing for the agri-sector would help the agri-tech and UAV start-up players, respectively.
The government, however, has admittedly been more conservative in its approach in the Budget and predicted nominal growth of just…
There is substantial increase planned in public capex—if the spending is done efficiently and quickly, it can provide a jump…
The Union government’s prudent initiatives to provide impetus to the textiles and apparel sector is truly commendable.
Support for initiatives that are integral to the India AgriStack will yield large gains in the long run
Building physical infrastructure will continue to be necessary, but in the post-Covid world, seamless, contact-less, and affordable digital infra will…
The increased capex by the government will have a multiplier effect on the economy and bring about more private sector…
Turnovers due to major research and development (R&D) spends in the initial years leads to no meaningful benefit to start-ups.
The government is being realistic on capital and overall spending.
The surcharge on long-term capital gains tax would be capped uniformly at 15% for all types of assets including unlisted…
The biggest positive is enhancement in capital expenditure by Rs 1.5 trillion; government’s tax-revenue growth assumption is also encouraging.
Government revenues including GST (all-time high Rs 1.41 trillion) and direct tax receipts are buoyant, which would lead to even…
In her Budget speeches for 2019-20 and 2020-21, finance minister Nirmala Sitharaman referred to ZBNF as ‘innovative model for doubling…