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.
According to parliamentary records, approximately 30,000 families were registered and on the CARA waiting list as of 2022. For every child looking for a home, there were 10 families.
While US & Indian officials have signaled that a deal was within reach, talks have dragged on amid disputes over tariffs, market access & protections for politically sensitive sectors.
Under the agreement, the loitering munitions will be offered to the Indian Army as part of efforts to address what the companies described as an ‘urgent requirement’.
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