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Digital Rupee in 2022–23: How Industry Stakeholders See the Move by Government
Digital Rupee is planned to launch in 2022–23, Finance Minister Nirmala Sitharaman revealed while presenting the Union Budget 2022 on Tuesday. Fintech industry stakeholders and cryptocurrency exchanges are optimistic about the move. However, some experts are raising concerns due to the lack of details at the moment.
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CBI Looks For Banking, Tax Experts To Help Probe Into Multi-Crore Scams
The Central Bureau of Investigation (CBI), which is probing the over Rs 13,000 crore Punjab National Bank scam as well as other financial frauds, has sought deputation of banking and tax experts from other ministries with an offer of good monetary incentives.
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Budget 2018: Government Announces Dedicated Affordable Housing Fund
Experts were disappointed with no changes in the income tax slabs and absence of other direct measures that influence the real estate sector.
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Budget 2018: Standard Deduction Reintroduced For Salaried Individuals
Tax experts say that reintroduction of standard deduction will help salaried employees get some parity with respect to businessmen and other self-employed professionals, who can claim a number of expenses such as rent, staff expenses and driver's salary etc. as business expenditure and reduce tax burden.
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Cheaper Or Costlier? How GST May Impact Prices Of Goods
Since GST is meant to eliminate "tax on tax", experts say overall tax burden on goods is expected to fall over time.
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Services Likely to Get Costlier on GST Rollout: Experts
Services like telephony, dining out and banking will get dearer if the recommendations made by the GST panel on the proposed nationwide uniform taxation are accepted as the tax rate will increase to 17-18 per cent from 14.5 per cent at present, experts said.
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Digital Rupee in 2022–23: How Industry Stakeholders See the Move by Government
Digital Rupee is planned to launch in 2022–23, Finance Minister Nirmala Sitharaman revealed while presenting the Union Budget 2022 on Tuesday. Fintech industry stakeholders and cryptocurrency exchanges are optimistic about the move. However, some experts are raising concerns due to the lack of details at the moment.
-
CBI Looks For Banking, Tax Experts To Help Probe Into Multi-Crore Scams
The Central Bureau of Investigation (CBI), which is probing the over Rs 13,000 crore Punjab National Bank scam as well as other financial frauds, has sought deputation of banking and tax experts from other ministries with an offer of good monetary incentives.
-
Budget 2018: Government Announces Dedicated Affordable Housing Fund
Experts were disappointed with no changes in the income tax slabs and absence of other direct measures that influence the real estate sector.
-
Budget 2018: Standard Deduction Reintroduced For Salaried Individuals
Tax experts say that reintroduction of standard deduction will help salaried employees get some parity with respect to businessmen and other self-employed professionals, who can claim a number of expenses such as rent, staff expenses and driver's salary etc. as business expenditure and reduce tax burden.
-
Cheaper Or Costlier? How GST May Impact Prices Of Goods
Since GST is meant to eliminate "tax on tax", experts say overall tax burden on goods is expected to fall over time.
-
Services Likely to Get Costlier on GST Rollout: Experts
Services like telephony, dining out and banking will get dearer if the recommendations made by the GST panel on the proposed nationwide uniform taxation are accepted as the tax rate will increase to 17-18 per cent from 14.5 per cent at present, experts said.
