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Budget 2021: Will the FM be able to help boost the pandemic-hit economy?

Budget 2021: Will the FM be able to help boost the pandemic-hit economy? It is Budget day. Later today, Finance Minister Nirmala Sitharaman will present India’s first-ever paperless Budget, and we are ready. 0 claps Share on It is Budget day. Later today, Finance Minister Nirmala Sitharaman will present India’s first-ever paperless Budget, and we are ready. Describing it as an ‘unprecedented’ Budget, Sitharaman said this would be one of the most crucial Budgets in modern India’s history as the country attempts to recover from the effects of the COVID-19 pandemic.  After all, for the first time, the government is tasked with bolstering an economy when the demand for goods and services remains sluggish while tax collections remain a challenge.

Budget 2021: Startup investors focus on exit routes, want clarity on China FDI ban

Budget 2021: Startup investors focus on exit routes, want clarity on China FDI ban The government’s curbs on capital flows from China has impacted many startups’ ability to raise funds and offer an exit route to investors. Onerous rules for stock-market listing make matters worse. Budget 2021 should ease these challenges, say experts 0 claps Finance Minister Nirmala Sitharaman gets ready to deliver her annual budget speech, the startup community wants the government to make its position clear on fledgling companies raising capital from China and Hong Kong. India had curbed the inflow of funds from neighbouring countries and banned dozens of Chinese apps, including TikTok, after a border clash in June last year left at least 20 Indian soldiers dead. Although New Delhi didn’t specifically name Beijing, the restrictions were clearly directed at China since no other neighbour accounts for any significant foreign fund inflows into India.

Online gaming ban gains momentum in South India

Online gaming ban gains momentum in South India ​ By IANS | Published on ​ Fri, Dec 11 2020 15:42 IST | ​ 6 Views Video games.. Image Source: IANS News New Delhi, Dec 11 : A move to ban online gaming is gaining momentum in the southern states with Tamil Nadu joining Andhra Pradesh and Telangana and Karnataka also mulling a law banning online gaming. Following the footsteps of Telangana and Andhra Pradesh, the state of Tamil Nadu has also amended its laws to restrict online gaming within its territory. The Governor of Tamil Nadu promulgated the Tamil Nadu Gaming and Police Laws (Amendment) Ordinance 2020 on November 20, 2020 (Ref: Tamil Nadu Ordinance Number 11 of 2020) (Ordinance).

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