Taxes 2021

Showing of 1 - 20 from 29 results
Taxes 2021 - Total results - 29
Union Budget 2021: Nirmala Sitharaman takes braver route to fix economy by not levying more tax
Business

Union Budget 2021: Nirmala Sitharaman takes braver route to fix economy by not levying more tax

Changes on the indirect tax front are also not significant to qualify as changes large enough to be structural leading to increased demand or increased production of items

Union Budget 2021: Govt focusses on easing pain points for taxpayers in coming fiscal year
Business

Union Budget 2021: Govt focusses on easing pain points for taxpayers in coming fiscal year

In order to make taxation processes faceless, the National Faceless Income Tax Appellate Tribunal Centre shall be established with the facility of personal hearing through videoconferencing.

Union Budget 2021: Nirmala Sitharaman offers carrot and stick approach to raise revenue, soothe taxpayers
Business

Union Budget 2021: Nirmala Sitharaman offers carrot and stick approach to raise revenue, soothe taxpayers

Taxpayers can also draw solace from the fact that the Budget has reduced the period for issuing tax notices by the department for a particular transaction to four years from seven years earlier

This is no 1991, but Sitharaman's budget should boost growth, create jobs and stimulate a COVID-hit economy
Business

This is no 1991, but Sitharaman's budget should boost growth, create jobs and stimulate a COVID-hit economy

The best part of Union Budget 2021, however, is that Nirmala Sitharaman resisted the temptation to slap more cess, surcharges on the taxpaying citizens and refrained from imposing a ‘wealth tax’ to raise revenue.

Union Budget 2021: Nirmala Sitharaman makes eight tax-related announcements; benefits many
Business

Union Budget 2021: Nirmala Sitharaman makes eight tax-related announcements; benefits many

In a post-pandemic year, the government showed a serious intent to establish a tax regime with far-reaching impact

Union Budget 2021: Nirmala Sitharaman aims to raise resources without raising taxes; a bold step
Business

Union Budget 2021: Nirmala Sitharaman aims to raise resources without raising taxes; a bold step

From a consumer and healthcare perspective, Union Budget 2021 has a lot of positives. On the healthcare side, COVID-19 pandemic had brought to light India's underspend in healthcare. Budget 2021 has done well by allocating over Rs 2 trillion holistically towards the health sector, a handsome increase of 137 percent.

Full text: FM Nirmala Sitharaman unveils Union Budget 2021; doubles healthcare spending, lifts caps on FDI
Business

Full text: FM Nirmala Sitharaman unveils Union Budget 2021; doubles healthcare spending, lifts caps on FDI

Finance Minister Nirmala Sitharaman on Monday delivered her third Budget speech in the Parliament. Here's the full text of her speech in Lok Sabha

Union Budget 2021: Use this income tax calculator to check how much tax you need to pay
Business

Union Budget 2021: Use this income tax calculator to check how much tax you need to pay

As people await the Budget, a key question for many will be how their taxes will be affected

Union Budget 2021: Reintroduce single tax slab structure, raise minimum taxable income to Rs 7.5 lakh
Business

Union Budget 2021: Reintroduce single tax slab structure, raise minimum taxable income to Rs 7.5 lakh

All eyes are on the upcoming budget for the next financial year as India looks to recover from the economic devastation caused by the coronavirus pandemic

Union Budget 2021: Abolish tax on dividends for retail investors to consider equity investments
Business

Union Budget 2021: Abolish tax on dividends for retail investors to consider equity investments

The Union Budget 2021 will be the first one in the post-COVID world and the industry will be expecting concrete measures from the government in favour of a fast-tracked revival process for the economy.

Union Budget 2021: Govt should speedily release GST refund dues to allow locked-up capital flow into economy
Business

Union Budget 2021: Govt should speedily release GST refund dues to allow locked-up capital flow into economy

The government should speedily release all outstanding payments or tax refunds owed to service providers in the form of pending bills including GST refund dues

Union Budget 2021: Govt should provide incentives to increase new GST registrations
Business

Union Budget 2021: Govt should provide incentives to increase new GST registrations

GST has witnessed so many amendment times and again that its original structure which was kept by the Parliament before the country seems to be taking new shape and a new variant of GST

Centre will present 'dressed-up' revised estimates for 2020-21 in upcoming Union budget, claims Congress
Politics

Centre will present 'dressed-up' revised estimates for 2020-21 in upcoming Union budget, claims Congress

The Opposition party demanded a large fiscal stimulus to the economy, asserting that such a step alone will put money in the hands of people and stimulate demand

Union Budget 2021: Scottish economist James Wilson presented India's first budget; 8 facts about annual financial statement
India

Union Budget 2021: Scottish economist James Wilson presented India's first budget; 8 facts about annual financial statement

While it is Nirmala Sitharaman’s third budget, the record of the maximum number of budget presentations is held by Moraji Desai

Union Budget 2021: Cut in taxes will put more money in consumer hands, will boost gold buy
Business

Union Budget 2021: Cut in taxes will put more money in consumer hands, will boost gold buy

A one-time capital gain exemption for gold may be a good incentive for the revival of small businesses.

Union Budget 2021: Scope for tax concession very limited, Centre may inject stimulus through capex, says expert
Business

Union Budget 2021: Scope for tax concession very limited, Centre may inject stimulus through capex, says expert

The expert said the fiscal deficit in the current fiscal is likely to be between 6.5-7 percent, adding that the government could relax the target but should keep a close eye on debt-GDP ratio projection

Over 70% industry respondents expect Budget to hike standard deduction limit for salaried individuals, says KPMG survey
Business

Over 70% industry respondents expect Budget to hike standard deduction limit for salaried individuals, says KPMG survey

Of the 250 respondents across sectors who participated in the KPMG in India's pre-budget Survey 2021-22, a small number said that they expect a new COVID-19 cess in Union Budget 2021

Union Budget 2021: Centre may address inverted duty structure for steel products to boost manufacturing, say sources
India

Union Budget 2021: Centre may address inverted duty structure for steel products to boost manufacturing, say sources

Inverted duty structure impacts the domestic industry as manufacturers have to pay more for raw material in terms of duty, while the finished product lands at lower duty and cost

Union Budget 2021: Favour extension of pandemic support measures, thrust on infra investment, says IMF
Business

Union Budget 2021: Favour extension of pandemic support measures, thrust on infra investment, says IMF

IMF’s chief economist Gita Gopinath said more public infrastructure spending is needed and that the Government of India has expressed its intention to do so

Union Budget 2021: Govt may announce steps to promote e-commerce exports and imports, say sources
India

Union Budget 2021: Govt may announce steps to promote e-commerce exports and imports, say sources

Ajay Sahai of the Federation of Indian Export Organisation, said extending bulk clearance is a good idea that would help reduce transaction cost