Tag: budget

+ Government, India, Investments, Macroeconomy

India’s Union Budget FY2023 – Impetus for investments and capex

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Financial Express Indian government presented an investment-oriented budget with a focus on getting future ready. Increasing public investments and capital expenditure are expected to take the combined (Centre plus States) public capex to more than 4% of GDP in FY2023 from ~3% over the last few years. Advance growth estimates for FY2022 of 9.2% make India the fastest growing large economy: the increased capex … Read More India’s Union Budget FY2023 – Impetus for investments and capex

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+ Government, Public Policy

Larger incomes to tax or larger taxes on incomes?

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Budget 2020 cares for people’s economic aspirations, says Axis Bank’s Akhilesh Tilotia. India’s response to its dilemma will determine whether budgets of the next decade will have larger incomes to tax or larger taxes on incomes. This Budget Speech of the finance minister was one of the longest in recent history. Her previous Budget speech in July last year was around 11,000 words. This … Read More Larger incomes to tax or larger taxes on incomes?

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