In an interview with ThePrint, Bajaj says new tax regime on digital assets will be implemented from 1 April but the government can tax these assets even today.
The big capex push will not only create productive assets, but also more jobs. This, in turn, will create sustainable demand as well as crowd in private investment and push growth.
So far, the govt has raised Rs 12,029 cr from disinvestments in FY22, Budget has revised target down to Rs 78,000 cr. Assumption is that the rest will be brought in via LIC IPO.
When presenting a Budget like 2022, political management is a bit of a problem. Here, Nirmala Sitharaman needs more than good English and bad Economics.
Grants of Rs 19,500 crore are being added to spur local equipment production, while there’ll also be a 40% tax on imports of solar modules and 25% on cells from next fiscal.
Investors had been betting that Sitharaman would unveil a path toward inclusion of debt in global indexes, which would bring foreign inflows. But that didn’t materialise.
The US has turned to the Kurds whenever it has needed allies on ground— in Iraq, in Syria, & now perhaps in Iran. Rarely has it worked out well, either for them or the region.
IRIS Lavan was in the region for the International Fleet Review held last month and ‘sought urgent docking in Kochi citing technical issues,’ it is learnt.
Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.
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