Bill to increase FDI limit in insurance sector gets Parliament's nod

Bill to increase FDI limit in insurance sector gets Parliament’s nod

By Administrator_ India Capital Sands A bill to increase foreign direct investment (FDI) in the insurance sector from 49 per cent to 74 per cent was approved by Parliament with the Lok Sabha giving green signal to the legislation by a voice vote on Monday. Piloting the Bill, Finance Minister Nirmala Sitharaman said that hiking the FDI limit in the insurance sector will […]

Continue Reading
Budget 2021 aims to revive economy despite limited fiscal headroom

Budget 2021 aims to revive economy despite limited fiscal headroom

By Administrator_India Capital Sands Finance minister Nirmala Sitharaman is likely to announce measures including a hike in infrastructure spending and tax cuts to boost the pandemic-hit economy when she presents the budget 2021 on Monday, while deferring debt cut plans. Sitharaman is likely to increase spending by more than 15 per cent year-on-year in 2021-22 with an emphasis on […]

Continue Reading
A wish list of the tax incentives we want from Budget 2021

A wish list of the tax incentives we want from Budget 2021

By Administrator_India Capital Sands The COVID-19-induced lockdown caused a massive disruption in economic activity, leading to an unprecedented fall in credit demand and financial well-being. Budget 2021 should aim at enhancing credit supply to the deserving, yet credit-starved segments of our society, thus incentivising financial savings for long term. Here is my wish list for […]

Continue Reading