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Tag: Nirmala Sitharaman

Union Budget 2020 proposes seed-funds for new startups, relaxes ESOP tax for 5 years

Spotlight February 1, 2020 indica

indica News Bureau- The 2020-21 budget based on three themes – Aspirational India, Economic Development and Caring Society also gave a new hope to start-ups as the finance minister Nirmala Sitharaman said “Entrepreneurship has always been the strength of India.”  The government has proposed to provide seed fund to support early-stage startups. INR 27,300 Cr […]

Impact of India’s Union Budget 2019 on Non-Resident Indians (NRIs)

Spotlight July 14, 2019 indica 0 Comments

Nilesh Shah-   On July 5, 2019, Nirmala Sitharaman, India’s Finance Minister presented her maiden Union Budget in Indian Parliament. She did not disappoint either the Indian residents or the NRI diaspora. It was a decent budget focused on boosting infrastructure investment in India. Emphasis was made on enhancing transparency in taxation processes and procedures […]

Budget 2019: Boosting new investments through tax-strategy

Spotlight June 30, 2019 indica 0 Comments

Taponeel Mukherjee-   All eyes are on what policy mechanisms will the Hon. Finance Minister of India uses in Budget 2019-2020, to boost consumption and investments in India. Amongst the wide variety of available strategies, a focus on utilizing tax-rebate strategies such as allowing high accelerated depreciation to promote new investments in areas of the […]

Modi shuffles Top 4: Shah gets Home, Rajnath Defence, Nirmala Finance, Jaishankar MEA

News May 31, 2019 indica 0 Comments

IANS- The top four slots in Prime Minister Narendra Modi’s Team 2.0 have new faces rejigging key portfolios, with Amit Shah, who crafted a Modi wave in the elections, getting charge of the Home Ministry and effectively becoming the number 2 in the cabinet. With the BJP President’s appointment, the Modi-Shah team will be the […]

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