Economy and Finance

News and views related to the Indian Economy and Financial sector

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
Economy and Finance

Budget 2020: Here is the list of exemptions that taxpayers will have to give up in the new optional tax regime

OpIndia Staff -
In the Budget 2020 speech, the FM announced a new optional tax regime for taxpayers of the country.
News Reports

Budget 2020 fulfils a long-standing demand of startup community, defers tax payment on ESOPs for 5-years

OpIndia Staff -
Finance minister proposes to defer payment of tax on ESOPs by five years in budget 2020
Economy and Finance

Budget 2020: Rs. 4,71,378 crores allocated for Defence Expenditure, a marked 9% increase from last year

OpIndia Staff -
Budget 2020: Defence allocations are a prominent feature of every budget.
Economy and Finance

SC, ST and OBC in Budget 2020: Allocation of Rs. 85000 crores for welfare of SCs, OBCs, additional Rs. 53,700 for STs

OpIndia Staff -
SC/ST in Budget 2020: Tribal museum to be set up in Ranchi to educate people about India's tribal history
Economy and Finance

Union Budget 2020: Finance Minister announces disinvestment of LIC, to be listed on stock exchanges. Read details

OpIndia Staff -
In Budget 2020 speech, FM announced that the govt has proposed to sell a part of its holdings in LIC
Economy and Finance

Union Budget 2020: Rs 100 lakh crores to be spent on Infrastructure in the next 5 years to spur growth. Read details

OpIndia Staff -
FM Nirmala Sitharaman in her Union Budget 2020 speech announced a host of measures for Infrastructure development
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