Uttam Gupta

Uttam Gupta

Income tax amendment promises relief for MSMEs

Income tax amendment promises relief for MSMEs

Wednesday, 24 July 2024 | Uttam Gupta

The biggest problem faced by small enterprises is delayed payment of their dues by large enterprises as it results in a shortage of working capital severely impacting their production An amendment to the Income Tax Act, introduced through Finance Act 2023, and effective from April 1, 2024 stops businesses from claiming...

Do not withdraw capital support for oil PSUs

Do not withdraw capital support for oil PSUs

Thursday, 23 May 2024 | Uttam Gupta

The Government slashes equity infusions for three major oil sector CPSUs by 50 per cent, contradicting its 2023–24 budget commitments In the Budget for the financial year 2023-24 (April 1, 2023, to March 31, 2024) presented on February 1 last year, the Union Finance Minister Nirmala Sitharaman announced an equity infusion...

Stopping thieving through DBT

Stopping thieving through DBT

Wednesday, 15 May 2024 | Uttam Gupta

A lot of pilfering from fertiliser subsidies is happening due to policy flaws. This can be curbed if only the subsidy is given under Direct Benefit Transfer On January 22, 2019, addressing NRIs and Indian-origin people at the inauguration of the 15th Pravasi Bharatiya Divas convention in Varanasi (Uttar Pradesh), Prime...

Rationalise regulations for e-commerce

Rationalise regulations for e-commerce

Thursday, 09 May 2024 | Uttam Gupta

When the Government expects foreign companies to do almost everything that a retailer does, how can it deny these firms the right to sell? Way back in 2019, Delhi Vyapar Mahasangh (DVM) an organisation of retail traders in the national capital had lodged a complaint with the Competition Commission of India...

Plug leakages in fertiliser subsidy

Plug leakages in fertiliser subsidy

Thursday, 02 May 2024 | Uttam Gupta

The real reason behind the leakage is control of the MRP at an artificially low level. Dubious players have a huge incentive to divert and rake in the moolah As part of the 100-day agenda of Modi 3.0, the Government intends to administer fertiliser subsidies more effectively and cut down on...

With power freebies, debt comes calling

With power freebies, debt comes calling

Monday, 22 April 2024 | Uttam Gupta

The core dilemma persists: How to prevent debt while ensuring universal electricity access? This issue entails policy intricacies and power sector reforms In an interview, Union Power Minister RK Singh revealed he has been telling States that electricity is not free. “If any State wants to give free power to any...

Income inequalities hamper sustainable growth

Income inequalities hamper sustainable growth

Monday, 15 April 2024 | Uttam Gupta

While the nation’s GDP is poised to surge by 7.6 per cent in the current financial year, concerns loom large over the sluggish pace of private consumption During the current financial year, the Indian economy is expected to register a growth of 7.6 per cent in real gross domestic product or...

RBI maintains status quo despite inflation optimism

RBI maintains status quo despite inflation optimism

Friday, 12 April 2024 | Uttam Gupta

RBI’s commitment to ‘last-mile disinflation’ has prompted a continued tight monetary policy stance, raising questions about its impact on economic growth On April 5, 2024, announcing the decisions taken by the six-member Monetary Policy Committee (MPC) in its first bi-monthly meeting of the current financial year (FY), Governor Shaktikanta Das observed...

Sunday Edition

Astroturf | Om – The Shabda Brahman

21 July 2024 | Bharat Bhushan Padmadeo | Agenda

A model for India's smart city aspirations

21 July 2024 | Gyaneshwar Dayal | Agenda

A tale of two countries India and China beyond binaries

21 July 2024 | Gyaneshwar Dayal | Agenda

Inspirations Behind Zaira and Authorship Journey

21 July 2024 | SAKSHI PRIYA | Agenda

LOBSTER LOVE

21 July 2024 | Pawan Soni | Agenda