There is evidence of weak overall demand in the Indian economy, but the government’s goal of a tighter budget means a fiscal stimulus is unlikely. What about a monetary policy response? RBI would have to analyse the data carefully to check for space.
4 min read7 Jan 2025Employment incentive schemes in 10 labour-intensive sectors should be launched, even as public investment is enlarged in fresh-water supply and cutting-edge technologies. This can deliver a big-band transformation. Resources could be raised by getting rid of flab in the fiscal system.
4 min read26 Dec 2024The Finance Minister increased the tax rate on long-term capital gains to 12.5% from 10% and set the exemption limit at ₹1.25 lakh per year.
1 min read23 Jul 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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