If LIC IPO goes as planned, FY22 disinvestment target achievable: Revenue Secretary Tarun Bajaj
New Delhi/IBNS: If the LIC IPO goes as planned, the government will be able to achieve itsthe FY22 disinvestment target of 1.75 lakh crore and might even exceed revised estimates (RE) figures, Revenue Secretary Tarun Bajaj said Wednesday.
Pvt cryptocurrencies will never be legal tender: Finance Secretary
New Delhi/IBNS: Private cryptocurrencies like Bitcoin and Ethereum, as well as non-fungible tokens (NFT) will never become legal tenders as their values are fixed by private entities, Finance Secretary TV Somanathan said Tuesday.
Budget provided maximum relief to taxpayers: CBDT Chairman
New Delhi/UNI: The focus of the Budget has been to provide maximum relief to the taxpayers by making significant changes in the income tax processes, Central Board of Direct Taxes (CBDT) Chairman JB Mohapatra said here on Wednesday
Capex quality, digital push, transition to new energy positives of a growth-push Budget: ASSOCHAM
Kolkata: Along with several positive and innovative measures, the most defining feature of the Finance Minister Mrs Nirmala Sitharaman's Budget for 2022-23 is a phenomenal increase in the government's capital expenditure which would effectively go up to Rs 10.68 lakh crore for the fiscal beginning April 1, ASSOCHAM has said.
Union Budget 2022: Govt takes major steps to support MSMEs amid Covid-19 pandemic
New Delhi/IBNS: The MSME sector is being considered as the biggest winner in the Union Budget 2022 as Finance Minister Nirmala Sitharaman announced various schemes, targetting raw material and input costs, skill development, access to credit, infrastructure boost and ease of doing business, according to experts.
Union budget: Find out what gets costlier and cheaper
New Delhi/IBNS: Imported items and X-ray machines will get expensive as per the Union Budget presented by Finance Minister Nirmala Sitharaman on Tuesday.
Only RBI can issue Digital Currency, rest are assets and attract 30 pc tax: Sitharaman
New Delhi/IBNS: Finance Minister Nirmala Sitharaman has clarified the difference between Digital Currency to be issued by the Reserve Bank of India (RBI) and the digital assets, which includes the "crypto world", where the transactions will now attract a 30 percent tax.
Udyam, e-Shram, NCS, ASEEM portals to be linked to support MSMEs
New Delhi/IBNS: Finance Minister Nirmala Sitharaman presenting the Union Budget 2022 on Tuesday said portals like Udyam, e-Shram, National Career Service (NCS) and Atmanirbhar Skilled Employee-Employer Mapping (ASEEM) will be interlinked to increase their scope.
Nirmala Sitharaman proposes changes in IBC for faster resolution of bankrupt companies
New Delhi/IBNS: Finance Minister Nirmala Sitharaman in her Budget speech on Tuesday proposed faster resolution of bankrupt companies by making amendments to Insolvency and Bankruptcy Code (IBC).
Corporate sector hails Union Budget 2022 as 'growth-oriented'
New Delhi/IBNS: The Indian corporate sector has lauded Finance Minister Nirmala Sitharaman for presenting a "growth-oriented" budget with focus on capital spending and manufacturing to fuel India's growth, including job creation and maintaining high growth momentum.
Govt to present Economic Survey 2021-22 on Monday
New Delhi/IBNS: Finance minister Nirmala Sitharaman will table the Economic Survey 2021-22 on Monday, a day before the Union Budget.