Even as the centre reversed a move to reduce interest rates on small savings schemes, experts warn that these cuts will be implemented soon. Investors should invest in high-interest-yielding small savings instruments.
The government’s decision to raise the limit of foreign investment in Indian insurance companies from 49 percent to 74 percent is a timely boost. Can it be a game changer in an industry weakened by the pandemic?
In this issue of India Legal (February 15, 2021), our columnist Shivanand Pandit takes a close look at the Budget and what it proposes to do. It is not a wishy washy document. The Modi government has tried to put an honest-to-goodness growth plan in place by announcing “a bold and new-age Budget”
Union Budget 2021 live: Finance Minister Nirmala Sitharaman is presenting Budget 2021 in Parliament, Union Budget 2021-22 Highlights: Expectations are high that the government will boost economic revival by focussing on infrastructure, rural economy, agriculture, healthcare
The finance minister has promised a Budget like “never before” but issues at hand, especially the health of MSMEs, are so critical and government resources so constrained that such a wide promise may be difficult to fulfil.
Bilateral Netting refers to offsetting of all claims arising from dealings between two parties, to determine a net amount payable or receivable from one party to other. While Qualified financial contracts entails any bilateral contract notified as a QFC by the relevant authority.