Sayantan Kundu

Jan 23, 2025 | business-standard.com | Sayantan Kundu |Amarendu Nandy

Finance Minister Nirmala Sitaraman is expected to introduce a bill for a new direct tax law in the forthcoming budget session. The law is set to replace the six-plus-decade-old Income Tax Act of 1961, currently consisting of 298 sections and 23 chapters. The new law is expected to simplify the provisions, purge redundant ones, and make the language more layman-friendly.

Jul 1, 2024 | moneycontrol.com | Amarendu Nandy |Sayantan Kundu

As per the RBI report, net financial savings of Indian households dropped significantly to Rs 14.16 lakh crore in 2022-23 By Amarendu Nandy and Sayantan KunduAs Finance Minister Nirmala Sitharaman prepares to present the full budget for FY 2024-25 later this month, a critical macroeconomic challenge looms large - the alarming decline in household financial savings rate in India.