A new updated return filing system is proposed wherein a voluntary updated return can be filed within 2 years from the end of the relevant Assessment Year (AY)
The FM has taxed high where that hurts Indian local industries, and has gone liberal where the imports as inputs are critical for Indian industries to run the show
Pandemic blow is writ large. As against the 15th FC award of Rs 114,777 cr to Odisha for FY 21-23, State will be receiving Rs 70,674 cr
During the pre-Budget consultation meeting held under the chairmanship of Sitharaman in December last year, Odisha Finance Minister Niranjan Pujari had sought more funds from the Centre for development of railway infrastructure, national highways, drinking water supply and creation of employment in the State.
Finance Minister Nirmala Sitharaman has not announced any change in the personal Income Tax Slabs while presenting the Union Budget for the 2022-23 financial
Among the stocks, Tech Mahindra, BPCL, Infosys, Wipro, and ONGC were the top five gainers in the morning session.
At such a critical phase, it seems the best bet for the Finance Minister is to spell out a short-term stabilisation fine print than a long-term vision
As per ICICI direct estimate, the gross budgetary support (capex) for the Railways in the FY 2022-23 will be Rs 1.3 lakh crore. 400 stations in country will be redeveloped under Railway Station Redevelopment Programme
As per Deloitte, the Union Budget 202-23 may introduce additional deduction towards “work from home
Recently, the Union Finance Minister has said that the upcoming Budget will be of a kind never seen before. This drops the big clue.
Besides, focus on health, housing and physical infra is expected to continue.
India has emerged as the third largest ecosystem for startups globally after the US and China with over 60,770 officially -recognized startups across 636 districts.