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Budget 2022: BFSI seeks stimulus to mitigate Covid-19 pandemic damage

Budget 2022: BFSI seeks stimulus to mitigate Covid-19 pandemic damage

Jan 27, 2022

With an objective to boost the banking, financial, services and insurance sector, the industry expects a couple of measures from the government in the upcoming Budget 2022 on February 1.

Budget 2022: Fintech sector’s checklist for Nirmala Sitharaman

Budget 2022: Fintech sector’s checklist for Nirmala Sitharaman

Jan 27, 2022

Fintech major BharatPe’s CEO Suhail Sameer has urged the government to reduce merchant discount rate (MDR) for online and card payments.

They demand increasing the Rs 2 lakh cap on home loan interest up to Rs 5 lakh and raising affordable home price cap to Rs 1 crore.

Budget 2022: Realtors demand better incentives for homebuyers

Jan 24, 2022

They demand increasing the Rs 2 lakh cap on home loan interest up to Rs 5 lakh and raising affordable home price cap to Rs 1 crore.

Emerging from the COVID-19 pandemic, the industry is implementing a hybrid working model where, unlike in the past, work will happen both on-site and remotely as a matter of routine.

Budget 2022: Keeping eyes peeled for tax benefits on WFH allowance

Jan 23, 2022

Clarify by way of explanation to the section that 'Work from Home' (WFH) by employees of Special Economic Zones (SEZ) unit would not affect the eligibility of tax holiday available under the section.

The Finance Bill, 2017 introduced provisions to restrict the set off the loss from house property against other heads of income during the year.

Budget Expectations: Real estate sector seeks relaxation in taxes  

Jan 19, 2022

Real estate experts say that due to the prolonged pandemic the sector will require support for a sustainable recovery which in turn will fuel the growth of the country. 

LIC prospectus filing expected in budget week

Jan 13, 2022

The Life Insurance Corporation of India is expected to file the draft red herring prospectus (DRHP) for its mega initial public offer in the week of the general budget beginning the first day of February.

The government will present the Budget for fiscal 2022-23 on February 1.

Budget 2022: Assocham recommends permanent refinance window for NBFC sector

Jan 09, 2022

The industry body said that in the past few years the NBFC sector has witnessed a liquidity crunch in the market due to external factors.

The meeting was also attended by ministers of state for finance, Pankaj Chaudhary and Bhagwat Karad

Budget 2022-23: India Inc pitches for more reforms, tax and policy stability

Dec 16, 2021

In the virtual pre-budget consultation held with Finance Minister Nirmala Sitharaman, industry chambers said that government measures will help firmly entrench the nascent signs of recovery being currently seen in private investment.

The ISA believes that a waiver or refund would help reduce the input cost and, in turn, the prices in the downstream industry.

Union Budget 2022: Steel industry seeks duty reduction, demand rationalisation

Jan 15, 2022

Indian Steel Association (ISA) has submitted its memorandum to the government, seeking removal of 'lesser duty rule' and lower duties on input raw materials.

Rakesh Kaul, CEO - Clix Capital said as an important funding avenue for those ineligible for finance from mainstream lenders, NBFCs can play a pivotal role in facilitating faster economic recovery.

Budget 2022: Fintech firms demand further liberalisation of tax regime

Jan 17, 2022

On expectations of the fintech industry from the Budget, Gaurav Jalan, CEO and Founder - mPokket said all startups, including fintech firms, extensively use stock option to attract and retain talent.