Economy and Finance

News and views related to the Indian Economy and Financial sector

Government and Policy

Budget 2020: Modi Government allocates 30 per cent higher funds for the agriculture sector

OpIndia Staff -
A 16-point action plan was put forth by the Finance Minister to help the agricultural sector and increase farmer’s wages
Government and Policy

‘We have seen a modest increase of about 8% year on year’, Army chief expressed confidence that the defence force will continue to be...

OpIndia Staff -
This year the defence forces have been allocated Rs 10,340 crore more than what was provided in last year’s budget
News Reports

HDFC Independent Director exposes SEBI analyst and The Wire columnist for deliberately lying about the bank’s quest for new MD

OpIndia Staff -
HDFC saga: SEBI Research Analyst and columnist at the Wire, Hemindra Hazari, has resorted to blatant lies
News Reports

India’s manufacturing sector growth in January rises to an 8-year high, economic recovery in coming months expected

OpIndia Staff -
Analysts claim that If this growth rate in the manufacturing activity sustains, the improvement in business conditions could lead to a gradual economic recovery
Opinions

Two Income Tax regimes with and without deductions, which one is better for you? A ready reckoner

Ashutosh Muglikar -
A comparative analysis between the new tax regime without exemptions and old income tax regime with exemptions and deductions
Economy and Finance

Budget 2020: Dual tax regime, a complicated tax structure that may require professional help

Guest Author -
Finance Minister Nirmala Sitharaman today announced a new dual regime of taxation for individuals and HUF (Hindu Undivided Family). This is first time in Income tax where such dual regime would be applicable. 
News Reports

Six Indians stopped by Chinese authorities from being evacuated amidst Coronavirus outbreak

OpIndia Staff -
All six had symptoms of above normal or fluctuating temperatures during the screening and were immediately asked to step aside from the immigration line.
Government and Policy

Corporate tax cuts will improve revenue generation: FM Nirmala Sitharaman

OpIndia Staff -
The provisions in the Union Budget 2020 regarding Corporate Taxes are crucial towards delivering on Narendra Modi's vision of a $5 trillion economy.
Politics

“Lots of repetition and rambling, Budget speech was very long”: Rahul Gandhi’s ‘constructive’ criticism on Union Budget 2020

OpIndia Staff -
The former Congress President chose to attack the government politically instead of criticising the Modi government on policy issues after presentation of budget.
News Reports

Govt clarifies Income Tax for NRIs, says only those NRIs who are not residents of any country will be taxed in India

OpIndia Staff -
If any NRI is not a resident of any country in the world, he'll be deemed to be a resident of India for Income Tax
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