The idea is to welcome more private investment and boost the economy through highway construction, said Sandhu
A major saving on the subsidy is expected to come from reduced government support for domestic LPG cylinders
FIDC has written to the Finance Minister Nirmala Sitharaman seeking measures to improve liquidity support for small and mid-sized NBFCs in the FY22 Union Budget
Amfi has reiterated its long-standing demand of bringing parity in tax treatment between MFs and unit-linked insurance plans (ULIPs), both of which are investment products and invest in securities
Having multiple GST rates not only leads to complexities in compliance and tax structure, but also does not optically make India tax-friendly and competitive globally
The current range of 2-6 per cent is valid till this fiscal year-end
The government received a host of suggestions concerning fiscal policy, taxation and green growth, among others
Finance Minister Nirmala Sitharaman on Wednesday concluded pre-budget consultation meetings for budget 2021-22 held in virtual mode
To incentivise investments in infrastructure, the Federation of Indian Chambers of Commerce & Industry (Ficci) has sought tax exemptions
In this second episode of our special video series on Budget, A K Bhattacharya talks about fiscal deficit target, government spending and disinvestment goals
The govt expenditure this year (till October-end) was at roughly the same level as that seen in the same period last year
Also call for efforts to enhance exports, build farm infrastructure
Says India has capacity to produce Covid vaccines for itself and other countries
Finance Minister Nirmala Sitharaman on Friday promised a "never before" like Union Budget as the government looks to steer the pandemic-battered economy and push growth.
Govt officials say health outlay will have to rise significantly not just for vaccine expense but also for creation of supporting infra and distribution channels
Govt looks to rationalise centrally sponsored schemes due to fiscal constraints
In the wake of the coronavirus pandemic, Budget 2021-22 will be full of challenges. Here are some recommendations for Finance Minister Sitharaman from D K Srivastava, chief policy advisor, EY India
Recognising that this is an unusual year, borrowing has been kept at levels so that the government can quickly put the money back in projects, Sitharman said
She also said the pace of disinvestment, which has been hit by the Covid-19 pandemic, will pick up in the coming months
Sitharaman has concluded a comprehensive review of Aatma Nirbhar Bharat Package (ANBP) with the Secretaries of various Ministries/Departments