With an objective to boost the banking, financial, services and insurance sector, the industry expects a couple of measures from the government in the upcoming Budget 2022 on February 1.
Clarify by way of explanation to the section that 'Work from Home' (WFH) by employees of Special Economic Zones (SEZ) unit would not affect the eligibility of tax holiday available under the section.
Real estate experts say that due to the prolonged pandemic the sector will require support for a sustainable recovery which in turn will fuel the growth of the country.
The Life Insurance Corporation of India is expected to file the draft red herring prospectus (DRHP) for its mega initial public offer in the week of the general budget beginning the first day of February.
In the virtual pre-budget consultation held with Finance Minister Nirmala Sitharaman, industry chambers said that government measures will help firmly entrench the nascent signs of recovery being currently seen in private investment.
Indian Steel Association (ISA) has submitted its memorandum to the government, seeking removal of 'lesser duty rule' and lower duties on input raw materials.
On expectations of the fintech industry from the Budget, Gaurav Jalan, CEO and Founder - mPokket said all startups, including fintech firms, extensively use stock option to attract and retain talent.
