Union budget 2022 and global minimum tax

Union Budget 2022 may sidestep two-pillar solution

As the model rules for legislation to implement the two-pillar solution are not ready, Union Budget 2022 may not have proposals on the global minimum tax. Read more »
global economy facing recession

Indian economy to post sharp recovery despite Omicron threat: Arvind Virmani

Recovery of the informal, non-agricultural sector of Indian economy lagging, but will recover with an uptick in contact services like retail trade, restaurants, tourism and hospitality. Read more »
Repo rate

Indian economy: GST collections bring cheer, but concerns over recovery linger

The growth in GST collections points to a recovery, but questions remain over the trajectory of Indian economy in the coming fiscal. Read more »
social media and mental health

Alcohol revenues of Indian states raise ethical questions

State governments should distance themselves from alcohol revenues and find other avenues to fund their activities. Read more »
Nirmala Sitharaman on Indian economy and Budget 2021

Indian economy needs skilling effort with industry involvement, says Nirmala Sitharaman

The interest of female labour force is at the heart of government policies -- the Labour Codes 2020 and the PLI scheme will help those sectors of Indian economy in which participation... Read more »
Finance minister Nirmala Sitharaman at a post Budget 2021 interaction with IIA students

Govt will not crowd out private sector; Budget 2021 selloff target realistic, assures FM

We discourage the demand for AIIMS-like hospitals everywhere, instead Budget 2021 focuses on more primary healthcare centres as the first points of call: Finance minister. Read more »
Indian economy

Budget 2021: Nirmala Sitharaman’s economic vaccine for V-shaped recovery

There are more positives than negatives in Sitharaman’s Budget 2021 with the government seems to be firm on its commitment to revive the economy from the current crisis. Read more »
fiscal consolidation via monetisation of land

Budget 2021: Monetisation of land key to fiscal consolidation, not spending cuts

Instead of cutting down spending amid an economic crisis to achieve fiscal consolidation, the government should raise funds through monetisation of land, and PSU disinvestment. Read more »
global minimum tax impact on india

Consultations, regulation key to the success of banking reforms unveiled in Budget 2021

The government must be wary of pushing through the much-needed banking reforms without a proper cost-benefit analysis and a clear regulatory framework. Read more »
Atma Nirbhar Bharat Package offers nothing to informal sector workers

Budget 2021: Several sops for MSMEs, start-ups; but nothing to solve fund crunch

The start-ups and the MSMEs must look to reap the benefits offered in Budget 2021 and this is the key to putting the battered economy on track. Read more »