Banerjee, who is an alumnus of the University of Kolkata, Jawaharlal Nehru University (JNU) and Harvard, said that wealth tax is a very logical tax for India to impose.
The economic growth is dragged by a poor show in the manufacturing sector, lower revenue collections hampering the ability of the government to ramp up spending and the absence of consumer demand in Asia’s third-largest economy.
State-run banks will require substantial capital infusion to resume lending to productive sectors once demand picks up, analysts said
Banks have still not come out of the corporate NPA mess and are wary of any new exposure, say experts
The size of the Maharashtra loan waiver, announced by the new coalition government, could work out to around Rs 51,000 crore.
The 116-year-old company said it sold a record 5,152 cars in 2019, compared with 4,107 units in the prior year.
Union Budget documents show that from FY17 to FY20, capital expenditure allocation went up by 18 percent over four years; revenue expenditure went up by 45 percent in that same period: nearly 2.5 times more
After getting off to a rocky start, can the Insolvency and Bankruptcy Code, 2016 and the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019 secure investors who are stuck with non-performing real estate projects?