See the political messaging in this budget. It is an uncluttered continuation from last year and is a statement of confidence, bordering on overconfidence.
The former finance minister said that the income tax relief is only for those that have moved to the new regime and data about how many taxpayers switched to it is not available.
Our response to KYC problems has been to bring technology to streamline processes. The problem is that they often don’t work as well as one would have hoped.
Earlier in a statement, the rating agency said the narrower fiscal deficit underscores the Modi government's commitment to longer-term fiscal sustainability.
The budget proposal, in which the government will increase capital expenditure by 33% to Rs 10 trillion in the next fiscal year, was praised by industry experts.
This is a significant increase considering Sitharaman, in the Budget 2022, had proposed an allocation of Rs 48,000 crore for Modi government’s Housing for All initiative.
Nirmala Sitharaman said the government will aim to have strong public finances and a robust financial sector for the benefit of all sections of society.
Recommendations appear in Niti Aayog’s Tax Policy Working Paper Series–II. It says there is a need to shift away from fear-based enforcement to trust-based governance.
In service with the British military since 2019, it is also known as the Martlet missile. Ukrainians have also deployed these missiles against Russian troops.
Education, reservations, govt jobs are meant to bring equality and dignity. That we are a long way from that is evident in the shoe thrown at the CJI and the suicide of Haryana IPS officer. The film Homebound has a lesson too.
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