Friday, 21 January, 2022
TopicBudget

Topic: budget

‘Under estimate, over achieve’: Why Modi govt could set low tax collection target in Budget

New strategy would be a departure from earlier years (2017-18 to 2020-21), when govt kept very ambitious tax collection targets, but fell short of them by 7-8% each time.

India Inc got leeway in 2021. But 2022 an acid test for corporate governance

With strong governance standards, corporate India can hope to gain better capital flow and to also get investors’ support.

Modi govt expects better finances in second half of FY22 thanks to momentum of recovery

Despite the harsh economic impact of the pandemic, there has been a definite uptick in the tax collections, a half-yearly review by the finance ministry says.

In a first in Tamil Nadu, DMK govt presents budget exclusively for agriculture

Minister for Agriculture MRK Panneerselvam said the budget was aimed at increasing farmers' income and it allocated Rs 34,220.65 crore for agriculture and related departments.

Country not run by IAS, politicians must be accountable, Tamil Nadu FM says ahead of budget

Tamil Nadu Finance Minister in an exclusive interview with ThePrint says the 13 August state budget will be a vision document, different from the 'irrelevant' Union budget of the past few years.

Modi govt defers sale of 2 public sector banks to next financial year due to delays

Finance ministry is yet to finalise modalities to seek approval in Parliament for the sale, which leaves little time for the process to be completed this year.

How Narasimha Rao and Manmohan Singh rescued India in 1991 and made history

The reforms were undertaken exactly 30 years ago, at a time when India was facing its worst economic crisis. Here’s a look at what led to the crisis and how India weathered it.

Centre directs ministries to restrict expenses at 20% of budget allocation in Sept quarter

However, the restrictions on expenditure would not be applicable for select ministries and depts, including health, agriculture, fertilisers, pharmaceuticals & food.

Delhi govt presents Rs 69,000 crore ‘patriotism’-themed budget for FY 2021-22

Presenting the budget, Deputy CM Manish Sisodia said AAP govt has decided to celebrate India's 75th Independence Day with programmes planned for 75 weeks starting 12 March.

Free transport for women, higher pensions, 25% more farm allocation — Punjab’s FY22 budget

Punjab Finance Minister Manpreet Singh Badal announces a please-all budget in the presence of CM Amarinder Singh. No new taxes.

On Camera

YourTurn

How Facebook and Amazon rely on an invisible workforce

The market for on-demand, digital tasks is estimated by the World Bank to be worth $25 billion, with Meta Platforms, Amazon, YouTube as some of the biggest buyers.
Representational image of a jewellery store | ANI

India Jewellery Park to be set up in Mumbai, aims to attract Rs 20,000 crore investment

The Gem & Jewellery Export Promotion Council and Maharashtra Industrial Development Corporation have signed a draft agreement granting possession of a plot for setting up the park.

Defence

Foreign secretary Harsh Vardhan Shringla meets German Navy chief Vice Admiral Kay-Achim Schönbach on 20 January. | Twitter | @MEAIndia

New chapter in ties as Indian foreign secy meets Germany navy chief, warship ‘Bayern’ visits

With Germany identifying India as one of the key partners in its Indo-Pacific policy, a German frigate entered Indian waters for a port call in Mumbai, in a major signal to China.
Illustration by Soham Sen | ThePrint

Read my lips, I’m hurting, says Pakistan’s National Security Policy. What it means for India

The new policy is mostly chaff, but it reveals the most inward-looking Pakistan in 3 decades. It needs breathing space, and is realising loss of stature and friendship with US.
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