Fitch Ratings said that the budget will be broadly neutral for growth and continued to project real GDP expansion of 6.4 per cent in FY25 and 6.5 per cent in FY26
The MCA will seek Cabinet approval for the full-fledged rollout of the scheme after incorporating lessons from the pilot phase
Based on inputs from the pilot project, government is likely to introduce some tweaks to the programme to make it more viable for applicants and industry, besides raising awareness about the scheme
Nageswaran says Budget gave a nudge to pvt sector investments
Sitharaman spoke on issues ranging from the theme of the Budget to income tax relief and challenging geopolitical environment
"The Prime Minister decided that we need to recognise the taxpayers and their contribution, and if there's a way in which we can reward them, we should. Yes, it will lead to consumption"
Govil spoke about issues ranging from Unified Pension Scheme (UPS) and pay commission to continued thrust on capital expenditure
Seth explains the rationale and the Budget fine print
We continue to place emphasis on the multiplier effect that capital expenditure done by the government has shown, said FM Sitharaman
The government had set a Budget Estimate (BE) for capex at Rs 11.11 trillion for FY25, against which it is expected to miss the target by Rs 93,000 crore
Addressing a press conference on the Economic Survey 2024-25, Nageswaran told reporters, "Regulations disproportionately affect small businesses
He spoke about investments from China, India's potential to develop cost-effective artificial intelligence solutions, and the role of India Inc in driving demand
IBBI data suggests that the share of CIRPs initiated by corporate debtors or companies is declining over time
IBBI has introduced the provision of 'deemed authentication' for debts reported as defaulted when there is no response from the debtor after three reminders
Expressing concerns over muted demand in the economy, companies have called for a review of the direct tax structure
Except for the economic affairs secretary and chief economic adviser, Sitharaman will have a new team of bureaucrats who will help her chart the strategy for the upcoming budget
Big stakeholders crowding the market, not allowing the startups to come up, says Par panel chairman
Economists said that the government had largely anticipated the policy action on tariffs in November when the election results came out
Employment Linked Incentive Scheme and the Prime Minister Internship Scheme likely to get support
The survey polled more than 4,700 CEOs across 109 countries, including more than 75 from India