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Budget 2021: Don t Need Big Bang Tax Changes, India Inc Says

It’s about the small fixes that can make the big difference. Over a dozen tax experts BloombergQuint spoke with, most pointed to small tweaks in the direct and indirect tax laws which can help businesses revive and navigate through the current economic stress.

DHFL s Retail Depositors Prepare For Steep Haircuts: BQ Exclusive

DHFL’s Retail Depositors Prepare For Steep Haircuts: BQ Exclusive Jan 17 2021, 12:35 PM January 17 2021, 12:04 PM January 17 2021, 12:35 PM Those holding fixed deposits at Dewan Housing Finance Corporation Ltd. will take a steep haircut on their savings as per the resolution plan approved by the home financier’s Committee of Creditors. On Friday, creditors approved a resolution plan by the Piramal Group, which offers DHFL’s creditors a total of Rs 32,750 crore in cash and debentures.The scheme of distribution of funds proposes to pay out Rs 1,241 crore to fixed depositor. Those holding fixed deposits at Dewan Housing Finance Corporation Ltd. will take a steep haircut on their savings as per the resolution plan approved by the home financier’s Committee of Creditors. On Friday, creditors approved a resolution plan by the Piramal Group, which offers DHFL’s creditors a total of Rs 32,750 crore in cash and debentures.

Budget 2021: Experts Suggest Personal Tax Tweaks For A Never Before Like Budget

Jan 11 2021, 11:16 AM January 11 2021, 9:52 AM January 11 2021, 11:16 AM Finance Minister Nirmala Sitharaman has promised a “never before” like budget on Feb. 1. While taxpayers impacted by the Covid-19 pandemic and a slowdown in the job markets have high expectations, experts say the government’s hands may be tied due to the ongoing fiscal constraints. Finance Minister Nirmala Sitharaman has promised a “never before” like budget on Feb. 1. While taxpayers impacted by the Covid-19 pandemic and a slowdown in the job markets have high expectations, experts say the government’s hands may be tied due to the ongoing fiscal constraints. Yet, given the extra costs incurred by taxpayers on healthcare, insurance, office supplies, Budget 2021 can take some incremental steps to alleviate the pain, tax experts told BloombergQuint.

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