Budget 2020: Provisions related to tax collection at source at the rate of 5 per cent has been proposed on overseas remittance under Liberalised Remittance Scheme and on sale of the overseas tour program package.
Budget 2020-21: The new personal tax regime would certainly be beneficial for certain categories of taxpayers like expatriates, who generally do not claim any exemptions or deductions, retired personnel etc
Union Budget 2020 India: Countries such as China, Singapore or the US allow the Board to adopt the 'liquidation value' of the ESOPs as their fair market value or even defer taxation to point of sale. E
Budget 2020-21: Expansion of the National Gas Grid from 16,200 km to 27,000 km, along with reforms to deepen gas markets, enable ease of transactions and transparent price discovery, is a welcome move for the sector.
Union Budget 2020 India: Complementing the recent reduction in tax rates for the corporate sector, the longstanding demand of removal of Dividend Distribution Tax and reverting to the classical system of taxing dividend in ha
Budget 2020 India: The fate of Fast-Moving Consumer Goods (FMCG) industry is completely dependent on the schemes and policies as this sector has been affected by the lower farm income and liquidity constraints due to the slow
Union Budget 2020 India: It’s not just the stock markets that have attracted investments despite not so positive sentiments but even private equity investment trends in 2019 also seem to suggest that uncertainties on econom
Union Budget 2020 India: On the structural side, the Indian economy faces low productivity growth across manufacturing, agriculture and industrial sectors, as well as an NPA issue which has stymied lending and investment.
Budget 2020-21: While the Prime Minister Narendra Modi-led BJP government aims to double farmers’ income by 2023, it might have actually done more harm than good, with farmers’ incomes plummeting further.
Budget 2020-21: There is an urgent need for the government to bring changes at grassroot levels and help the poorest of the poor. And the same cannot happen without the help from the most privileged and the richest of the cou
Budget 2020 India: With over a billion mobile phones and 330 million internet users, reforms are required that bring in more transparency, advanced tools, and technologies with an aim to optimize processes.