by OverviewFX | Jan 30, 2024 | Budget
The coming Budget will not be a full one, but only a vote on account. While a full Budget outlines the government’s plans for spending and earning money in the coming year, a vote on account is only a temporary arrangement that estimates the money the government needs...
by OverviewFX | Jan 30, 2024 | Budget
~ Shrishti SharmaWill India realise its ambitious Fiscal Deficit target of 4.5% by FY 2025-26? Can the government propel capital expenditure to new heights? What lies in store on the taxation front, particularly regarding the fate of the old tax regime? And perhaps,...
by OverviewFX | Jan 30, 2024 | Budget
The ease of tax compliance, simplification, and digitisation are the cornerstones of doing business in India today. Infrastructure spending needs to go up with a focus towards sustained growth. The proposals regarding the Insurance Amendment Act are also expected to...
by OverviewFX | Jan 30, 2024 | Budget
India’s Union BudgetThe upcoming Union Budget on February 1 is a vote of account, but the finance minister may still go for changes like the last vote of account in 2019.Here are the changes, according to ICRA, the finance minister may bring in the...
by OverviewFX | Jan 30, 2024 | Budget
Finance Minister Nirmala Sitharaman has been keeping it subtle with the Union Budget 2024. Given its vote-on-account nature, spectacular announcements might not emerge.This prompts a retrospective glance at Union Budget 2023, analysing echoes from the past...
by OverviewFX | Jan 30, 2024 | Budget
Budget 2024: No major moves in the budget; capex to normalise, fiscal deficit at 5.3% in FY25, say economistsThe Indian government will target a lower deficit in the 2024-25 fiscal year despite lifting capital expenditure to an all-time high, according to a Reuters...
