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LIBERALISATION BUDGET
ITR filing AY 2026-27: 8 costly mistakes taxpayers should avoid this tax return filing seasonThe I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...
RBI opens listed Indian equities for foreign investorsThe Reserve Bank of India has opened direct equity investment in listed firms to all foreign individuals, expanding beyond NRIs and OCIs. T...
RBI widens direct equity access for overseas investors, doubles investment limits under PISThe RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity ac...
RBI sees services exports, remittances cushioning current account in FY27India's current account balance will see strong support in 2026-27. Robust growth in software and business services exports will be a key f...
India steers boat through a risky channel between war clouds and El NinoIndia faces a challenging global economic outlook for 2026-27. Geopolitical tensions and volatile oil prices are key concerns. However, Ind...
The rise of India’s frugal flamboyanceIndia's liberalization brought 'frugal flamboyance'. This trend allows people to appear rich without spending excessively. It contrasts wit...
New income-tax act takes effect todayNew tax rules and budget changes begin April 1. Higher taxes on speculative stock trades will curb risky bets. Lower taxes on overseas trav...
Kharge praises 'groundbreaking' 1991 budget, says there's pressing need for meaningful reformsCongress president Mallikarjun Kharge praised the monumental impact of the Liberalisation Budget of 1991, led by then Prime Minister P V Na...
Fintech firms demand further liberalisation of tax regime in budgetThe fintech industry has urged Finance Minister Nirmala Sitharaman to further liberalise the tax regime for financial sector startups in th...
Narasimha Rao's contribution continues to shape modern India: Rahul GandhiFormer prime minister P V Narasimha Rao played a pivotal role in ushering in an era of liberalisation in the country and his contribution c...
Budget 2020: Farm markets need to be liberalised, says FM Nirmala SitharamanPresenting the Budget for 2020-21, Sitharaman said the government is proposing a 16-point action plan to boost agriculture and farmers' wel...
Remembering the Budget speech that changed IndiaTowards the end of his speech Manmohan cited Nehru's advice to daughter Indira that in dealing with the affairs of the state one should be ...
Budget 2019: The only speech that featured a Finance Minister's life storyThe 1991 Budget speech by then FM Manmohan Singh was pathbreaking in more ways than one.
Cabinet okays winding up of FIPB, approves strategic partnership policy for defence manufacturing"The union cabinet took note of this proposal which deals with encouraging ‘Make in India’ in relation to defence equipment,” finance and d...
Government allows 100% FDI in ‘other financial services’ by NBFCsThe investment would be subject to sector conditions such as minimum capitalisation norms specified by the regulator or government agency c...
RBI to soon come out with draft on relaxing ECB norms: Shaktikanta DasThe liberalised ECB norms would be finalised after inviting comments from stakeholders, he said, adding the norms would be relaxed.
Government working on easing fund-raising norms: OfficialThe Budget speech announced Bharat Depository Receipts scheme, which would essentially be a revamp of the current depository receipts schem...
Budget 2013: FM expands Rajiv Gandhi Equity Savings SchemeThe RGESS will be liberalised to enable the first time investor to invest in MFs & listed shares in three successive years, FM said in his ...
- Toning down celebratory hoopla and switching to sobriety
Two decades of change needed a change in style. We thought we should tone down our celebratory hoopla and switch to sobriety.
Montek for further opening up of financial sectorMontek Singh Ahluwalia said India should further liberalise its financial sector to play a bigger role on global landscape.