Finance minister Nirmala Sitharaman proposed no changes to the existing tax rates and income tax slabs during her budget presentation on February 1. There, however, were announcements that would impact individual taxpayers in one way or another. Apart from the host of tax-related areas that Budget 2022 touched or clarified upon, there were also a…
Kyndryl, which was spun off from IBM as an independent company, is betting on India as one of its key markets for growth on the back of a strong talent pool and value-driven for its global customers. Speaking to PTI, Kyndryl India President Lingraju Sawkar said India is important for it, and Kyndryl is important…
Republic Day: How India’s military parade became a spectacle A day before India was set to celebrate its 73rd Republic Day, government officials issued an unusual clarification: this year’s parade would not feature a song from Bollywood. The parade has in fact never included a Bollywood track but the government felt compelled to explain because of…
The government’s receipt from disinvestment proceeds in the next financial year beginning April has been pegged at Rs 65,000 crore, lower than the current year’s estimated mobilization of Rs 78,000 crore. With budgeted disinvestment targets rarely met, Finance Minister Nirmala Sitharaman’s fourth Budget drastically reduced the receipts to an achievable Rs 78,000 crore in the…
Finance minister Nirmala Sitharaman presented the Union Budget 2022, the fourth budget of Modi 2.0, today. There were a host of measures aimed at boosting growth amid high & rising inflation and continuing Covid uncertainties. There, however, were remarkably few real changes to the personal income tax structure in a year that had seen demands…
