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Tax deptt s residency circular no great help to NRIs The circular offers relief to only those who may be subject to double taxation, but offers no help to people from countries with whom India does not have a DTAA or impacted by absence of short stay exemption Dipak Mondal | March 5, 2021 | Updated 23:40 IST The recent circular on residency status does not provide any relief to NRIs stranded in India due to COVID-19, feel experts. They say the circular is worded in such a way that it feels like the government is more worried that NRIs do not go tax-free in their home country as well as in India. ....
Budget Insights: Top experts break down real impact of FM’s big moves SECTIONS Last Updated: Feb 01, 2021, 02:55 PM IST Share Synopsis Here is what experts have to say about the real impact of Nirmala Sitharaman s Budget announcement. Representative Image NEW DELHI: As Finance Minister Nirmala Sitharaman unveiled the Union Budget for financial year 2020-21, there were many announcements that were easy to digest and then there were those whose ramifications were not clear immediately. At ETMarkets.com, we had a panel of experts from diverse fields analyzing the real impact of these moves real time. Here is how they did the hair-splitting of the Budget: ....
Budget 2021: Here s what the Indian startup ecosystem is hoping for Ahead of this year’s Union Budget on February 1, here’s what business leaders, entrepreneurs, investors, and other stakeholders from the Indian startup ecosystem expect from the Indian government. 0 claps Share on 2020 was a year full of challenges for livelihoods and the overall economy of the country, sparked by the COVID-19 pandemic. According to the National Statistical Office (NSO), India s GDP is estimated to contract by a record 7.7 percent during 2020-21 fiscal as the pandemic severely hit key manufacturing and services segments. The Union Ministry of Finance is all set to roll out additional measures to revive the slowing economy, post the Rs 20 lakh crore COVID-19 relief package announced in May 2020. ....