The government has at last released some tax numbers but not fully as it used to publish under All India income Tax statistics till 2000. A total of 2.87 crore individuals filed income tax returns in 2012-13, but 1.62 crore of them did not pay any ta....
चीन की मंदी पर वैश्विक चर्चा के अंतिम महीनों और इसके वैश्विक अर्थव्यवस्था पर पड़ने वाले असर �....
Ending months of global speculation over China’s slowdown and its impact on the global economy, China’s National People’s Congress adopted the 13th five year plan aimed at a slower growth rate of 6.5 per cent until 2020, with key reforms in the....
Black money has two aspects Domestic and international. These two are interlinked at some level but can be tackled separately. In India domestic black money is large and it creates havoc with our economy by de-stabilizing many government policies. ....
If news reports are to be believed, the Finance Ministry seems to be caving in to the RBI strategy to sell Public Sector Banks and is raising the limits of FDI in banks to 49% — thus virtually paving the way for handing the PSBs, which are at th....
In the second of a three-part series on the Indian economy ahead of the presentation of the Union Budget, well-known commentator on political and economic affairs, S Gurumurthy argues that the Indian family’s instinct to save in banks rather tha....
It’s that time of the year when ‘experts’ throw around intimidating economic jargon to ‘advise’ the government and ostensibly enlighten us all on what’s wrong with our economy. Starting today, we bring to you well-known commentator on ....
The way economists have made simple theories into complex mathematical equations has made monetary economics seem difficult to comprehend. Well-known economists, including Nobel laureate Robert Shiller and Prof Bradford DeLong, have already proteste....
Magic 3% Three per cent Fiscal Deficit! This is a dream announcement any finance minister of India would love to make. Fiscal deficit is the excess of payments over receipts of the government. The quantum of fiscal deficit in budgets in Ind....
All budgets are in a sense compromises with different stakeholders. Whether it is a housewife making budget for home or a Chief Finance officer for a company or Finance minister for the Government. The core issue is that expenditure is always larger ....