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Budget 2022 focuses on futuristic growth: Vidit Aatrey, CEO, Meesho

CFO News Room

lakh crore in the next fiscal will percolate down to the real engines of our economic growth — the MSMEs. Resilience, inclusive growth, and technology-enabled development – the Budget 2022 by finance minister Nirmala Sitharaman aims to create an enabling framework to achieve these three benchmarks. Stepping up capex to Rs7.5

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Budget 2022: A thumbs-up for Digital India

CFO News Room

The Indian technology sector saw several major announcements in the Union Budget 2022, with a few misses in the startup segment. Budget 2022’s announcements on manufacturing, sustainability, electronics, digital currency, innovation and startups with technology as the cornerstone are expected to give a fillip to the tech industry. “The

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Union Budget can lead to more jobs, better healthcare: Saugata Gupta, CEO, Marico

CFO News Room

The previous year’s Budget focused on foundational measures towards a consumer-driven economy while keeping a keen eye on post-Covid recovery. The Union Budget continues the policy direction set by last year’s Budget. Also Read | Union Budget 2022: Tech push for agri sector. By Saugata Gupta.

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Market gives thumbs up to Budget 2022

CFO News Room

The equity market witnessed some wild swings on the Budget Day, with the Sensex rebounding after losing more-than 2% from the day’s high. But unlike other Budget Days, benchmarks ended the day in the green, as investors cheered a growth-oriented Budget. By Yoosef Kp & Ruchit Purohit. After surging as much as 1,018.03

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Budget infuses more atmanirbharta into MSMEs — Sanjay Agarwal

CFO News Room

The finance minister has managed the tough balancing act of spurring economic revival while also maintaining fiscal discipline. Crucially, while the Budget had a clear digital focus, it did not leave the needs of the grassroots unattended. By Sanjay Agarwal.

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Concessional corporate tax rate: Govt wants private companies to set up new manufacturing units fast

CFO News Room

The government wants new domestic companies to set up their manufacturing units in India fast and hence the concessional tax rate of 15 per cent has been extended by a year till March 2024, Revenue Secretary Tarun Bajaj said on Friday. lakh crore in Budget estimates (BE) to Rs 12.50 lakh crore in revised estimates (RE).For

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Manufacturers Loosen Budgets To Make Tech Upgrades

PYMNTS

The COVID-19 pandemic may have brought manufacturing to a halt, but that hasn’t stopped these same companies from investing in software upgrades and technology initiatives to stay competitive. manufacturers dropped in May to its lowest level since May 2009. The Wall Street Journal reported companies such as Xylem Inc.,