The Production Linked Incentive Scheme aims to build an Indian manufacturing base across 13 key sectors. What works. What doesn't

If India's tax- to-GDP ratio of 17.7 per cent has to get anywhere near developed countries' 25-35-36 per cent, those who should pay taxes must be brought under the tax net. But that's easier said than done

As tech helps tax authorities check evasion and fraud, taxpayers complain of harassment and misuse of powers

The inflation target could be tweaked to accommodate the government's higher borrowing plan of Rs 12 lakh crore in 2021-22

Stock Market News Updates Today: Airtel, HDFC twins, ICICI Bank, Kotak Mahindra Bank, Infosys, IndusInd Bank and Axis Bank were trading among the top gainers. Today, Sensex hit a record high of 52,235 and Nifty hit a lifetime high of 15,340

At 21% recovery, IBC has performed worse than UPA-era debt recovery mechanisms panned for inefficiencies. The idea of a bad bank is also likely to fail if political interference and poor bank governance continue

FM bets big on infrastructure with focus on asset monetisation and sharp rise in allocations to highways and railways

Tax buoyancy, which describes the sensitiveness of tax revenue growth to changes in nominal GDP, is expected to touch 1.2 in FY22, marginally lower than 1.3 in FY21 (both tax revenues and GDP are projected to decline)

Budget 2021: The fiscal deficit of 9.5 per cent in 2020-21 and 6.8 per cent of GDP in 2021-22 crosses the level of global financial crisis. In fact, the numbers are much above the market expectations

At the core of India's bid to revive the economy lies the question whether the country can spend substantially more on infrastructure building to generate demand. For that, can it borrow much more?

Budget 2021: Prime Minister Narendra Modi has already indicated that Budget 2021 is part of a series of four-five \"mini-budgets'' presented in the form of economic packages last year. So what should you expect from this year's budget?

Making widescale digital education a reality will help attract FDI in the education sector, thereby enabling India to become an attractive destination for higher education at par with global standards

Considering the current inadequate infrastructure in healthcare segments, there is a larger expectation that budget allocation to healthcare would be around 2% to 2.25% of the GDP

\"While it is difficult to reduce the economic cost of food management in view of rising commitment towards food security, there is a need to consider the revision of CIP to reduce the bulging food subsidy bill,\" says Economic Survey 2020-21

To avoid supply side disruptions that cause inflation seasonality in vegetables, food, CPI-C and in inflation expectations, a system needs to be developed to reduce wastage and ensure timely release of stock, the survey pointed out

The budget may also have an announcement to create a domestic financial institution to help fund port, road, and power projects with an initial equity capital of around $14 billion, Bank of America Securities India said

Economic Survey 2020-21: These projections are in line with IMF estimate of real GDP growth of 11.5 per cent in 2021-22 for India and 6.8 per cent in 2022-23

Economic Survey: Longer term sustainability depends crucially on reviving growth relative to the interest cost of government debt, says Economic Survey 2020-21

The survey, presented by Finance Minister Nirmala Sitharaman in the Parliament on Friday, January 29, further stated that, improving the composition and quality of expenditure therefore assumes significance

Scope for tax concessions in upcoming Budget next week very limited, says EY