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No directional change in policy: Samiran Chakraborty
The challenging political landscape and economic backdrop of slow growth and sticky inflation made this Budget a tightrope walk. It refrained from outlining a directional changes in economic policy priorities and failed to cheer the markets. The fiscal consolidation road map lacks details and credibility. We anticipate that fuel and fertiliser subsidies will be much higher than the Budget estimates,
The challenging political landscape and economic backdrop of slow growth and sticky inflation made this Budget a tightrope walk. It refrained from outlining a directional changes in economic policy priorities and failed to cheer the markets. The fiscal consolidation road map lacks details and credibility. We anticipate that fuel and fertiliser subsidies will be much higher than the Budget estimates,
Centre mediates on tax incentives
The Centre has begun mediations between Punjab, Uttarakhand, Himachal Pradesh, Jammu and Kashmir and some other states over the issue of tax incentives for industries.
The Centre has begun mediations between Punjab, Uttarakhand, Himachal Pradesh, Jammu and Kashmir and some other states over the issue of tax incentives for industries.
Excise tax collection up 22% in August
India's excise tax collection in August rose 22.7 per cent from the previous month, while customs duty collection improved meagrely from minus 30 per cent in July to minus 28 per cent last month,
India's excise tax collection in August rose 22.7 per cent from the previous month, while customs duty collection improved meagrely from minus 30 per cent in July to minus 28 per cent last month,
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