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Regarding sector-specific suggestions, SBI Research said 6.33 crore MSME units in India contribute 29 per cent to India's GDP, employing over 11 crore workers. Credible source to verify cashflow and seamless access for banks to GST 4 /ITR on real-time basis should be allowed for lending to SMEs, it said.
Wealth tax or any other new tax will do more harm than good: SBI Research
The upcoming general Budget is likely to provide several sops for the housing sector, including 15-20 per cent higher fiscal support.
Any new tax like wealth tax or others at this point could do more harm than good, SBI Research has cautioned ahead of the Union Budget to be tabled in the Parliament on February 1.If the disinvestment of LIC passes through in FY22, the ...
Just 12 days remain for the Union Budget 2022-2023 to be presented by the Finance Minister on February 1, 2022.