Synopsis "Tax changes, even the focus on the dispute resolution adding 100 more joint commissioners is again path breaking and that would really reduce the backlog of pending cases. Generally, the focus on ease of doing business, making it easier for the taxpayers, the grievance redressal system, is hugely positive as well. " ETMarkets.
com Related Budget 2023: This is bumper Diwali kind of a Budget! I give it 10 out of 5: Vijay Kedia Revival of consumer demand will be the big takeaway of this Budget: Nilesh Shah "Much more in terms of the relaxation of the slab rates and the surcharge, getting it down to this level was not expected in the current Budget . So definitely a big plus and overall not tinkering with the rest of the changes. The corporate rates were left untouched, a relaxation for the startups was also hugely positive," says Shefali Goradia , Partner, Deloitte India , talking to ET Now after the Budget 2023 announcements.
What are your first reactions? All smiles. I think it was much more than what we were expecting in the Budget, especially on the personal tax side. What is that much more? Much more in terms of the relaxation of the slab rates and the surcharge, getting it down to this level was not expected in the current Budget.
So definitely a big plus and overall not tinkering with the rest of the changes. The corporate rates were left untouched, a relaxation for the startups was also hugely positive and lots of good stuff for the Gift City as well. All in all they have taken care of all the soft points and done what they could in this last full-fledged budget.
Anything in the fine print which stood out for you? That tax on ITC or anything else? Tax changes, even the focus on the dispute resolution adding 100 more joint commissioners is again path breaking and that would really reduce the backlog of pending cases. Generally, the focus on ease of doing business, making it easier for the taxpayers, the grievance redressal system, is hugely positive. Budget 2023 India unveils income tax bonanza a year before .
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click here! Wednesday, 01 Feb, 2023 Experience Your Economic Times Newspaper, The Digital Way! Read Complete Print Edition » Front Page Pure Politics Companies Economy More Adani Enterprises FPO Fully Subscribed on Final Day The ₹20,000-crore follow-on public offering (FPO) of Adani Enterprises Ltd (AEL) was fully subscribed on the final day of the offer Tuesday, January 31, thanks to late demand from family offices, corporates, and foreign investors. How Gautam Adani Lost $75b Market Value but Pulled off $2. 5b Issue after Short Attack It was around 5.
30 in the morning last Wednesday when senior Adani officials got the breaking news, hours before the anchor book — the institutional pillar of any issuance — of the ₹20,000-crore ($2. 5 billion) follow-on offer (FPO) of Adani Enterprises Ltd was to open. Flipkart Esop Sale: Big PeDay for Nigam, Chari The cofounders of PhonePe, Sameer Nigam and Rahul Chari, are expected to receive individual cash payouts of $20-25 million by completely liquidating their stock options in erstwhile parent company Flipkart, according to people aware of the development.
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