Jayanta Roy Chowdhury
It means anyone who earns more than Rs 20.83 lakh a year will see his or her interest on EPF contribution being taxed.
02 Feb 2021
The rearrangement of taxes means that states will receive less money from the central coffers as central excise and customs duties are divided between the Centre and the states.
01 Feb 2021
Many salaried people have preferred to save through contributions to the Employees Provident Fund Organisation as this was EEE or Exempt, Exempt, Exempt.
01 Feb 2021
The Economic Survey released on Friday spoke about raising health expenditure by at least two-and-a-half times.
31 Jan 2021
Survey sees V-rebound recovery of economy from sharp 7.7 per cent contraction, growth at 11 per cent
The Survey, an annual exercise in economic stocktaking and future policy prescriptions, drew lessons from the pandemic to strongly recommend raising healthcare spending from 1% to 2.5-3% of GDP.
30 Jan 2021
Triple headache: Job loss, paucity of investments, rising inflation top list of worries ahead of Budget 2021
Top finance ministry officials said they are aware that private sector investments are on pause as businesses have been waiting and watching how demand would pick up and cash flows ease.
29 Jan 2021
In the years ahead, analysts and business historians would probably call this the defining moment of India’s economic diplomacy.
24 Jan 2021
Top finance ministry officials also confirmed that many items will see duties increased 'to erase most inverted duty structures that exist.'
20 Jan 2021
The cental government is mulling extending the interest subvention scheme for MSMEs by another six months beyond the March 31, 2021 deadline as part of its budget proposals.
17 Jan 2021
Early results have shown India Inc revenues rising by 8.1 per cent in the December quarter, a first after three successive quarters of degrowth.
14 Jan 2021
NBFCs, on the other hand, get a tax set off of just 5 per cent since 2017-18, despite making out
a case for parity with banks on this issue.
09 Jan 2021
As fears over global economic recovery fade away, a repeat crazy bull run looks perhaps unlikely.
04 Jan 2021
North Bloc’s mandarins are in a tizzy in trying to figure out how to raise revenues for the largest ever spending budget planned by the Narendra Modi-led central government.
03 Jan 2021
Government also considering increasing deductions for medical insurance expenses
01 Jan 2021
Meanwhile, the government will also announce plans to sell shares in several state-run banks next year and is mulling the strategic sale of IDBI Bank to begin with.
29 Dec 2020