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Expectations

Most fintech companies are expecting the Centre might introduce adequate policy and tax measures to boost the fintech sector. -16:9

Budget 2023: What fintech companies are expecting from Finance Minister Nirmala Sitharaman

Jan 24, 2023

The fintech sector in India, which has been labelled as one of the fastest-growing fintech markets in the world, has witnessed major transformation and growth in the last few years, especially during and after the pandemic.

Budget 2023: Here’s what a salaried employee can expect

Budget 2023: Here’s what a salaried employee can expect

Jan 23, 2023

It will be interesting to see how the government balances expectations and addresses the fiscal deficit targets.

 This will be the last full budget of Modi 2.0 government ahead of the general elections next year.

Last Budget before general elections: Here's what Vikas Khemani says

Jan 19, 2023

In an interaction with PMS Bazaar, Khemani further added that growth is an important aspect at present. “Fiscal deficit is not alarming and much lower than many economies. India has managed finances well through the crisis. If growth comes, it also improves tax collections and hence provides cushion to the deficit,” he said.

What telecom operators expect from Budget 2023

Union Budget 2023: Reduction of regulatory levies, exempt customs duty part of telcos recommendations

Jan 18, 2023

Telecom industry body COAI said that the recommendations are the most pressing and critically needed for the sector’s ease of doing business and financial health.

 NAREDCO has recommended provisioning of at least Rs 25,000 crore for the proposed second phase of Special Window for Completion of Construction of Affordable and Mid-Income Housing Projects (SWAMIH) investment fund

Budget 2023: NAREDCO seeks Rs 25,000 cr real estate fund from FM

Jan 17, 2023

The apex real estate industry body has sought reintroduction of the SWAMIH investment fund with at least Rs 25,000 crore corpus.

The government has been taking cognizance of the mental health issues in every budget session

Budget 2023: More funds to mental health institutions, campaigns to destigmatise mental health, urge industry experts

Jan 16, 2023

In the pre-Budget recommendations, mental health experts have called for more funding to mental health institutions in the country to improve their infrastructure, build capacities of mental health professionals and a behaviour change campaign to destigmatise mental health.

In an official statement, Rajeev Sharma noted that it is very important for manufacturing investments to be encouraged among technology providers.

Budget 2023: Manufacturing investments must be encouraged among tech providers, says Mitsubishi Electric India CSO

Jan 16, 2023

Rajeev Sharma, CSO Mitsubishi Electric India said that development of new-age manufacturing skills across the top and bottom of the manufacturing pyramid must be enlightened by the government.

The PAN card was chosen as a base identifier, as it has one of the widest comprehensive coverage, wide acceptability, and is relevant to all business entities.

Budget 2023: PAN may get legal backing as single business identification

Jan 13, 2023

As per the proposal, the enabling provision or clause may be introduced in the Finance Act 2023, ensuring the legal backing for PAN is used as the primary identifier of an entity.

The television manufacturers are hopeful that the budget will provide the necessary boost after years of ups and downs to the industry by lowering tax slabs and introducing a production linked incentive (PLI) scheme for the TV industry.

Budget 2023: TV industry demands lower GST slabs, PLI scheme

Jan 11, 2023

Television manufacturers are hopeful that the budget will provide the necessary boost after years of ups and downs to the industry by lowering tax slabs and introducing a production linked incentive (PLI) scheme for the TV industry.

India’s healthcare infrastructure remains grossly inadequate and falls short of the minimum WHO requirements

Union Budget 2023: Health industry experts urge govt for more funds for R&D, innovation, and infrastructure

Jan 04, 2023

India is among the most preferred destinations globally for medical tourism and therefore, industry experts have called for increased policy support

FMCG companies raised prices. Now, they are hoping to recover the lost ground in 2023, with a recovery in margins and volumes, especially from the distressed rural areas amid softening commodity prices

FMCG industry hopes to recover lost volume, margins in 2023; to shrug off shrinkflation

Jan 03, 2023

FMCG companies raised prices. Now, they are hoping to recover the lost ground in 2023, with a recovery in margins and volumes, especially from the distressed rural areas amid softening commodity prices

In its pre-Budget memorandum 2023-34, Assocham said high import duty on raw materials results in Indian finished goods getting costlier and uncompetitive in international markets

Assocham seeks reduction in basic customs duty on critical raw materials for aluminium sector

Dec 28, 2022

In its pre-Budget memorandum 2023-34, Assocham said high import duty on raw materials results in Indian finished goods getting costlier and uncompetitive in international markets

According to exporters, the finance ministry needs to provide reasonable funds to the Department of Commerce not only for the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme reimbursement but also for export promotion

Exporters seek support measures in Budget to boost shipments

Dec 28, 2022

According to exporters, the finance ministry needs to provide reasonable funds to the Department of Commerce not only for the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme reimbursement but also for export promotion and other initiatives

To achieve simplicity and bring efficiency to all categories of taxpayers, the government could make changes to the tax rates/ deductions. Here are some suggestions

Govt’s focus should be on widening the tax base

Dec 29, 2022

To achieve simplicity and bring efficiency to all categories of taxpayers, the government could make changes to the tax rates/ deductions. Here are some suggestions