populist budget

Budget Speech 2022, Union Budget 2022, Nirmala Sitharaman,

Budget 2022 wasn’t great for the common man, say tax experts

It comes as a disappointment for salaried individuals who heavily anticipated a revision of income tax slabs and a lowering…

Updated: February 2, 2022 11:20 IST

Budget Speech 2022, Union Budget 2022, Nirmala Sitharaman, Budget Nirmala Sitharaman

Budget Expectations 2022: How an increase in the 80C limit will affect the salaried

With the rise in salaries, inflation and insurance premium, the Rs 1.5 lakh limit gets exhausted quickly. Hence, there is…

February 1, 2022 10:27 IST

The government has budgeted fiscal deficit at 6.8 per cent of GDP in current fiscal ending March 2022. (File)

Economic Survey 2022: Rebound in tax mop up, govt’s agile fiscal approach make headroom for more fiscal support

With the revival of the economy, the Goods and Services Tax (GST) has emerged as a buoyant source of revenue…

January 31, 2022 18:10 IST

The NRP lays down the road map for capacity expansion of the railway network by 2030 to cater to growth up to 2050. (File)

Economic Survey 2022: Railways to see jump in allocation

The economy had contracted by 7.3 per cent in 2020-21 on account of impact of Covid and subsequent nationwide lockdowns…

January 31, 2022 17:54 IST

The government has specified that a SEZ unit facing domestic market will behave like a DTA entity whereas a SEZ unit facing international market will behave as a SEZ unit. (Representative image)

Budget may overhaul SEZ regulation

From easing selling to DTA buyers to introducing more support for zone developers, there is room for significant change.

January 31, 2022 17:44 IST

In April-November 2021, nearly 221 lakh individual demat accounts were added, the Economic Survey for 2021-22 noted. (File)

Economic Survey 2022: Retail participation in equity market rises on buoyant stock market

Market experts said that on an average, 4 lakh new demat accounts were opened every month in 2019-20, which increased…

January 31, 2022 17:33 IST

The Survey also stated that the bank credit growth stands at 9.2 per cent as of 31st December 2021. (File)

Economic Survey 2022: Banks weather economic shock of pandemic so far

Total net profit of PSBs increased from Rs 14,688 crore during the first half of 2020-21 to Rs 31,144 crore…

January 31, 2022 17:27 IST

The committee had recommended the adoption of the UNCITRAL with certain modifications to make it suitable to the Indian context. (File)

Economic Survey 2022 underlines need for standardised framework for cross border insolvency

The Insolvency & Bankruptcy Code (IBC) does not allow for automatic recognition of any insolvency proceedings in other countries.

January 31, 2022 17:15 IST

Budget expectations of taxpayers, Budget 2022, Union Budget 2022, rising inflation, Covid-induced lockdowns, job loss, salary cuts, individual taxpayers, populist budget, reduce tax burden, Taxability of Work from Home expenses, standard deduction, 80C deduction limit, PF contribution

Budget expectation 2022 for the salaried

With this year’s budget, the government could enable the salaried class and create opportunities for them to enhance their personal…

Updated: February 1, 2022 08:48 IST

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Samsung Bets on Long-Term EMIs and Tier-II Push to Outpace Smartphone Market Slump

Samsung banks on financing schemes to boost smartphone sales

Despite a 10% decline in India’s smartphone market, Samsung is targeting above-industry growth by introducing 30-month EMI options, expanding distribution…

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Houthi Threats in Red Sea and Hormuz Tensions Threaten Up to $10 Billion Hit to India's Crude Import Bill

Saudi tanker U-turns may add $10 billion to India’s oil bill

Houthi maritime threats and Red Sea shipping diversions could add $8–10 billion to India’s annual oil import bill due to…

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