In the 1960-70s, India produced some excellent cricketers — Mansoor Ali Khan Pataudi, Ajit Wadekar, Farokh Engineer, Bishan Singh Bedi, E A S Prasanna and Srinivasaraghavan Venkataraghavan. But it was only able to win on dirt track Indian wickets. As soon as it went abroad, India lost badly. Indian industry, closeted behind tariffs, had the … Read more
New Delhi: Indian economy is now expected to see a faster turnaround given the impending rollout of vaccine, increased mobility and less disruptions to business operations as the economy opens up but a lot will also depend on the upcoming Budget for 2021-22 to steer its course. India, which had in 2019 overtaken the UK … Read more
WHAT KEY MEASURES/ REFORMS SHOULD THE GOVERNMENT UNDERTAKE IN THE FORTHCOMING BUDGET TO SPUR CONSUMER DEMAND?RAJIV SABHARWAL, CEO, Tata Capital We have to ensure that the right support is provided so that all sectors of the economy come back. What is important is to ensure that all the jobs that had gone must be brought … Read more
Finance minister Nirmala Sitharaman said the Centre is not reneging on its promise to compensate states for any revenue loss due to the transition to the goods and services tax regime and had “gone much beyond” to protect them. She said the Centre’s transfer to the states, including grants and tax transfers, exceeded its total … Read more
New Delhi: The Income Tax department has disposed of 7,116 cases under the first phase of faceless assessment system, an official source said. Since its launch on October 7, 2019 and implementation of first phase, faceless scrutiny assessment scheme has provided for assessment of income tax in electronic mode, where taxpayers need not see face-to-face … Read more