Indian budget to propel economy and generate employment
Staff Report/Abu Dhabi Filed on January 31, 2021
An employee counts Indian rupee currency notes inside a private money exchange office in New Delhi. Reuters
The managing committee of the Institute of Chartered Accountants of India, Abu Dhabi Chapter, in talks with
The ICAI, Abu Dhabi Chapter feels that the government will come up with a mega budget which will support the common public in their daily lives as well as bring policies to improve the business environment and growth to become a $5 trillion economy.
During current times, everyone wishes to see a ray of hope from any corner of life. The Indian budget is on February 1, 2021 and we expect rays of hope from the various segments. The budget should be able to propel the economy and generate employment. The inflation needs to be contained as well at around five per cent.
Ajay Joshi
Jalandhar, January 28
Amid the suspension of the internet services on the Delhi-Haryana borders, farmers from the region, who had participated in the tractor march to the national capital, rued that they were not able to communicate with the Non-Resident Indians (NRIs) from the state about the actual situation.
From donations to lending support to the agitating farmers from the beginning of the kisan andolan, NRIs have been playing a vital role in the movement. They have also been launching virtual campaigns to strengthen the farmers’ stir. However, post the tractor march, they are either ‘misinformed’ or are being provided half-baked information.
Vaccine availability a property booster sandhya@khaleejtimes.com Filed on January 28, 2021
Weakening of rupee especially in first-half of this fiscal coupled with falling interest rate across the globe made India an attractive investment destination. Reuters
Pandemic drives NRI homebuyers to invest in safe haven assets back home.
Indian real-estate sector had predominantly been keenly watched by Non-resident Indians (NRIs) as a long-term investment for safe-haven assets.
The onset of novel coronavirus disease (Covid-19) accelerated property buying in India with favourable and timely government policies, as people across the globe travelled back to their homeland.
Srini Gopalan, chairman, Unitern Advisors, said: “Weakening of rupee especially in first-half of this fiscal coupled with falling interest rate across the globe made India an attractive investment destination. Both these factors incentivised a lot of NRIs to send remittances back home vis-a-vis ke
India Budget 2021: TDS cut, remittance limit top NRI wish list
Dixit Jain/Dubai
Photo: PTI
Here s what taxes NRIs pay currently and what they are expecting from this budget.
As we approach the budget date, expectations from the Prime Minister Narendra Modi’s government seem to soar with every passing day. The budget is going to be different than before as for the first time it will be completely paperless in the wake of ongoing Covid-19.
Everyone has been facing tough time with current Covid-19 situation around the world, the businesses have suffered, job losses are plenty, household budgets have taken a turn. It can be said that this budget is going to be one of the most awaited budget as everyone hopes for a relief from the government.
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