The Finance Budget of 2022 is expected to go live on February 1, 2022. While the D-street is looking forward to the budget session, it is going to be quite a task for the Finance Ministry as the goal of becoming a $5-trillion economy by 2025 presents several challenges. With the risk on Covid-19 cases …
India’s biggest lender, i.e. State Bank of India, has provided an estimation of a 6.3% reduction in this country’s budget deficit in the upcoming financial year. Soumya Kanti Ghosh, an economist of SBI, predicts a gradual consolidation of this fiscal deficit to complement the slow recovery of India’s economy. He assumes that expenditure will grow …
The markets have seen a lot of volatility in recent times. First, the high in early 2020, then the crash followed by a recovery that managed to wipe out the March 2020 lows. Last week, the Sensex and Nifty scaled all-time highs at 50k and 14700, and later closed lower, unable to sustain the peaks, …
One of the big worries in the post-GST scenario is how the GST will impact your household budget. Remember, there are some key components pertaining to your household budget that are going to be impacted. Your household budget includes spending on food, clothes, rentals, EMIs, education, fuel and future planning. The GST is likely to …
When the last year’s budget was presented on February 1, 2020, the Finance Minister had no idea that 2020 was going to be one of the toughest years for the entire world! Last year, the Finance Minister’s big budget ideas were themed “Aspirational India, Economic development, A Caring Society”. But what happened to these ideas? …
If there was one sector to which this budget has made a deep difference, it is the banking and financial services sector. The budget has made an attempt to help banking both from a macro and micro perspective. This sector becomes crucial because it forms the fulcrum of the economy and the health of the …
The Union Budget 2023 was presented by the Honorable Finance Minister, Smt Nirmala Sitharaman, on the 1st of February 2023. The announcement received widespread attention as it was the last budget presentation prior to the 2024 general elections. The industry looked forward to the 2023-24 budget with anticipation, as it was expected to aid in …
Nirmala Sitharaman, India’s Minister of Finance, presented the highly-anticipated Union Budget 2023-24 to Parliament on February 1st, 2023. The budget was framed with the theme of “inclusiveness,” with a focus on uplifting the welfare of women, children, Scheduled Castes, and Scheduled Tribes with the overarching aim of India at 100 kept in mind. In line …
The Union Budget is perhaps the most awaited event for general Indians and investors alike. Before the year’s Union Budget is presented on February 1, 2023, let’s see what the common Indian taxpayers expect this year. Basics of the Indian tax system Before we discuss the taxpayers’ expectations, let’s get the basics sorted. Tax is …
The Union Budget for FY24 will be presented on February 1, 2023. Following the traditions, the Finance Minister tabled the Economic Survey 2023 in the parliament on January 31, 2023. Here are the key highlights of the Economic Survey. What is the Economic Survey? The Economic Survey report is presented on the eve of the …
