The Center has proposed to launch a new scheme in the General Budget with the aim of improving the states to improve its power infrastructure and encourage it to open for private investment. This initiative has been taken at a time when two power distribution companies (Discom), which recorded the highest losses of Uttar Pradesh, … Read more
The government has removed the discrepancy in the tax system. After this, foreign portfolio investors (FPIs) will not get the benefit of taxes on listed bonds, debts, date mutual funds and listed preference shares. It has been clarified in the general budget that FPI will have to pay long -term capital benefits (LTCG) at the … Read more
The situation may worsen due to the increase in the world on the trade front in the world. Experts have warned that the rapid trade war between the US, Canada, Mexico and China will increase the risk of foreign goods in Indian markets. US President Donald Trump has imposed a 25 percent fee on goods … Read more
Finance Minister Nirmala Sitharaman said on Sunday that India is moving towards the target of cutting debt, moving on the path of fiscal strength. He did not pay attention to that agencies like Moody’s have not increased India’s credibility despite all this. Sitharaman has a better balance between fiscal growth in FY 2025-26 with fiscal … Read more
The government has estimated the securities transactions (STT) collection of Rs 78,000 crore for the financial year 2026. STT collection has also increased due to the rise in the stock market since Kovid-19. However, keeping in mind the current market situation and fresh regulatory changes, new projections are considered ambitious. The STT estimate for the … Read more
The leather exports (CLE) said on Sunday that the announcement to launch a concentrated product plan for footwear and leather areas would increase productivity, competitiveness and exports by more than Rs 1.1 lakh crore. CLE said the scheme would support the design capacity, component manufacturing and machinery required for the production of quality footwear made … Read more
In the budget of FY26, the high expectations of investors on Infrastructure Capex were not met. The total capex has increased by 11% and only 5% compared to the budget estimates (BE) of FY25. However, the allocation for metro rail in FY26 is 35% and 19% higher than the FY25 BE/Re, respectively, the allocation for … Read more
The Congress has strongly criticized the Union Budget. The main opposition party described it as focused on efforts to woo 3.2 crore middle class taxpayers of the country and 7.65 crore voters in Bihar. Elections will be held in Bihar later this year. The party said that the rest of India has been given much … Read more
Moving the current tradition of targeting fiscal deficit, Finance Minister Nirmala Sitharaman has prepared a new blueprint to reduce the loan and GDP ratio with the help of the treasury as expected. The 6 -year action plan by FY 2031 aims to bring the loan and GDP ratio within 47.5 to 52 percent, which is … Read more
Finance Minister Nirmala Sitharaman on Saturday said that drug, leather, motorcycle, basic customs including drugs, leather, motorcycles, some definite minerals including drugs, leather, motorcycles, some certain important minerals to strengthen domestic manufacturing and increase exports Cut into However, customs duty has been reduced on 37 items including car, stainless steel, cycle, solar cell. Also, agricultural … Read more