At a time when the poor majority of the country needs the most support, the government has abandoned them. Cutting down almost all the social welfare schemes and reducing allocation to some key sectors,...
In FY18, the last year for which disaggregated income tax data is available, only 29,002 ITRs declared income above Rs 5 crore, while Credit Suisse said India had 7.25 lakh dollar millionaires (the wealth...
While it targets welfare schemes, the Union government has also written off crores in outstanding loans for India’s rich and given huge corporate tax rebates.
Infrastructure Finance Update – February, 2022 Infrastructure continues to be a primary focus in the Union Budget 2022–23 to boost growth against the backdrop of the economic recovery from the pandemic. The budget extensively...
The Prime Minister perfectly summed up his government’s approach to the budget and the underlying economic thinking while briefing his party workers a day after the budget.
The government has over the years made its priorities clear as to whose interest it serves. It is evident from the fact that the government continues with its gross underspending on key social sectors...
Most of us plan our expenses in a way that we not only have enough saved for our needs but also leave behind a little something for our children. In contrast, our government is...
Centre for Financial Accountability (CFA) organized a Public Meeting titled, “Budget Like Never Before: A Critical Analysis of Budget 2021” on 11th February, 2021, which brought together an esteemed set of panellists covering Indian...
The union budget 2021-22 was placed in the parliament a few days ago. Taking a quick look at its Environment & Climate provisions, here is a brief snapshot of the DISMAL picture of the...
The 2021 budget was lauded as the one ‘like never before’. There was a lot of hype created around it, hailing it as the ‘a budget to boost economic recovery’, one to ‘drive economic...
Green advocates on Sunday praised Union Finance Minister Nirmala Sitharaman’s Budget speech towards combating air pollution along with fighting climate change and energy transition. But they were apprehensive too on several issues over the...
Green advocates on Sunday praised Union Finance Minister Nirmala Sitharaman’s Budget speech towards combating air pollution along with fighting climate change and energy transition. But they were apprehensive too on several issues over the...
In her speech, she highlighted the need to shut down old coal plants. India has about 48GW worth of coal power plants that are old and don’t comply with the new emission standards. New...
बजट 2020-21 अर्थव्यवस्था को ठीक करने का एक मौका चूक गया जो एक गहरी मंदी से गुजर रहा है और सभी आकडें अभूतपूर्व आर्थिक मंदी की ओर इशारा कर रहे है। इस मंद अर्थव्यवस्था...
Union Budget is no more an anxiety as many decisions like petroleum product prices, railway fare, tax waiver to corporation, GST are now out of the budget. However some sectors require attention. Most important...