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Rationalisation of income tax slabs, infrastructure status for digital services and incentives to hydrogen storage as well as fuel cell development were some of the suggestions made by various stakeholders at the pre-Budget consultation meeting convened by Finance Minister Nirmala Sitharaman. The customary pre-budget consultation meetings were held with the finance minister virtually between December 15 and December 22, as per the finance ministry statement. More than 120 invitees representing seven stakeholder groups participated in eight meetings, scheduled during this period, it said. The stakeholder groups include representatives and experts from agriculture and agro-processing industry; industry, infrastructure and climate change; financial sector and capital markets; services and trade; social sector; trade union & labour organisation and economists, it said. "The stakeholder groups made several suggestions on various issues that included increased R&D spending, ...
Union Finance Minister Nirmala Sitharaman will hold pre-budget consultations with prominent economists on Wednesday in connection with the forthcoming general budget 2022-23."Union Finance Minister @nsitharaman will chair Pre-Budget consultations with prominent economists tomorrow afternoon, 22nd December 2021, in New Delhi in connection with the forthcoming General Budget 2022-23. The meetings are being held virtually," Finance Ministry said in a tweet.The General Budget is presented by the Finance Minister every year in Parliament on February 1.
Manufacturers of consumer durable goods have hiked prices for the third time this year; Razorpay raised $375 million in the Series F round of funding at a $7.5-billion valuation
Budget-makers are confident that the net tax collection's Budget target (direct plus indirect) of Rs 15.45 trillion will be exceeded
Modi took part in Goa Liberation Day celebrations
Prime Minister Narendra Modi on Friday hosted a roundtable interaction with representatives of venture capital and private equity funds.
Prime Minister Narendra Modi on Friday met with leading private equity/venture capital players to seek suggestions on making India a more attractive investment destination
Discussion on tax announcements is ongoing in the finance ministry