Incentivising informal sector workers to save is good, but creating separate schemes for different groups divides an already fragmented pensions market.
Finance Minister Nirmala Sitharaman is considering raising income tax exemption limit for working-age individuals to Rs 3 lakh from Rs 2 lakh at present.
SC and high courts fine litigants and advocates for frivolous petitions and contempt of court, apart from the penalties handed out as part of judgments.
If govt thinks there's a pressing issue, it's perfectly legitimate to make tax announcements in interim budget, says economic affairs secretary Subhash Garg.
The civil aviation ministry could have recognised the enormity of the Air India crash and prepared the AAIB and its investigating team for its sensitivities.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
PTC Industries is investing Rs 1,000 cr in 4 manufacturing plants in UP, has already started supplying titanium parts to BAE Systems for its M-777 howitzers that India also uses.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
NO. This is the FIRST Budget presentation of the NEW government. It HAD to make a point. It is a broad statement of its policies. Specific concerns, such as ‘Middle Class’ needs can be met in the NEXT one. Nothing drastic can happen in just one year for the middle class to feel deprived right now. The ‘Middle Class’ of India is most elastic in its approach to life.
ThePrint has raised an issue that so far has not been important to opposition parties. If middle class can emerge as a vote bank, it should find its voice also. Does Shekhar Gupta wants to be the voice of middle class? Fighting for middle class can provide good opportunities for aspiring opposition leaders. But leadership has to be genuine i.e. not a front to defeat Modi but to extract the due that middle class deserves.
If a rising tide lifts all boats, difficult to see what this Budget is doing to make the ocean heave. For Indian exports in 2019 to be where they were in 2014 hurts both growth and employment, apart from straining the CAD. With farm incomes growing barely above 1% a year, manufacturing has to be much stronger than it is. Toilets, water supply, rural housing can go only so far. I am struggling to understand how this Budget makes us all better off.
NO. This is the FIRST Budget presentation of the NEW government. It HAD to make a point. It is a broad statement of its policies. Specific concerns, such as ‘Middle Class’ needs can be met in the NEXT one. Nothing drastic can happen in just one year for the middle class to feel deprived right now. The ‘Middle Class’ of India is most elastic in its approach to life.
ThePrint has raised an issue that so far has not been important to opposition parties. If middle class can emerge as a vote bank, it should find its voice also. Does Shekhar Gupta wants to be the voice of middle class? Fighting for middle class can provide good opportunities for aspiring opposition leaders. But leadership has to be genuine i.e. not a front to defeat Modi but to extract the due that middle class deserves.
If a rising tide lifts all boats, difficult to see what this Budget is doing to make the ocean heave. For Indian exports in 2019 to be where they were in 2014 hurts both growth and employment, apart from straining the CAD. With farm incomes growing barely above 1% a year, manufacturing has to be much stronger than it is. Toilets, water supply, rural housing can go only so far. I am struggling to understand how this Budget makes us all better off.
I think so.