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Sebi approves major changes to tighten independent director norms from January 1
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Jaypee Infratech: Can the narrow win margin by the Suraksha group trigger a revote?
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Skin in the game: SEBI defers new norms for MFs to Oct - The Hindu BusinessLine
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India Inc sees growth revival and job creation with Budget 2021 ANI | Updated: Feb 02, 2021 12:56 IST
New Delhi [India], February 2 (ANI/NewsVoir): Karthikeyan Natarajan, President and Chief Operating Officer, Cyient - Coming out of the pandemic year, the Finance Minister has laid down a well-rounded Budget. Focus on setting up of Fintech Hub at Gift City, enhancing digital payments and use of AI in governance - all provide a strong platform for Digital India. Allocation of Rs 50,000 crore towards National Research Foundation will work towards boosting India s Innovation Quotient on the global map and is a welcome move. Allocation of funds as incentives for promoting digital payments is also a step in the right direction and a significant step in ease of doing business. Lastly, increase in allocation for highways and railways will lead to employment generation and boost the economic growth of the nation.
Status quo signals stability in tax regime: Experts
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Last Updated: Feb 01, 2021, 10:00 PM IST
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Synopsis
Surprising everyone, especially the markets which closed with the biggest Budget-day gains of 5 per cent, the Budget left all taxes unchanged barring for some cess to fund the farm sector or increase any direct taxes. All it did was to tweak the customs and excise duties on certain products to rationalise them.
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MUMBAI: Taxation experts have opined that making no major changes in the tax structure signal a strong resolve to have stability in the tax regime and at the same time, expressed the hope that the government returns to fiscal consolidation sooner than later.