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Govt should support industry to take up branding of Indian tea, coffees in overseas markets, says UPASI President Jeffry Rebello

Govt should support industry to take up branding of Indian tea, coffees in overseas markets, says UPASI President Jeffry Rebello
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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No new taxes but Clarke lists preferred revenue measures for 2023/24

Finance and the Public Service Minister Dr Nigel Clarke told the House of Representatives Tuesday that there would be no new taxes, but tabled a ministry paper revealing possible new revenue measu. ....

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RBI maintains status quo on FPI investment limits in G-Secs, state development loans

The FPI investment limit in the debt instruments for October 2021 - March 2022 period is Rs 10,75,637 crore. ....

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Tax windfall better by billions than initially projected in budget

Tax windfall better by billions than initially projected in budget
The expectation is based on revenue collections for the final quarter of 2020
BL PREMIUM
03 March 2021 - 14:18 Linda Ensor
The actual revenue shortfall for 2020/2021 could be up to R30bn smaller than that projected in the budget based on January revenue figures, PwC tax policy leader Kyle Mandy told MPs on Wednesday.
Such an outcome would assist the Treasury in marginally reducing its debt mountain, which is projected to translate to a debt-to-GDP ratio of 88.9% in 2025/2026.
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Sops for FPI investment in defaulted bonds to boost liquidity

Sops for FPI investment in defaulted bonds to boost liquidity
February 05, 2021
Market experts also attribute the spike in FPI inflows to the recent spate of fundraising by Indian corporates
Market experts also attribute the spike in FPI inflows to the recent spate of fundraising by Indian corporates×
In order to further boost foreign portfolio investments in the corporate bond segment, the RBI has proposed to exempt FPI investment in defaulted corporate bonds from the short-term limit and the minimum residual maturity requirement under the Medium Term Framework.
Detailed guidelines are being issued separately, said the RBI. At present, foreign portfolio investors can invest in security receipts and debt instruments issued by Asset Reconstruction Companies and debt instruments issued by an entity under the Corporate Insolvency Resolution Process, as per the resolution plan approved by the National Company Law Tribunal under the Insolvency and Bankruptcy Code ....

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