Many years ago, the great satirist George Bernard Shaw called the budget, “an attempt to equate your earning capacity with your yearning capacity”. A lot has changed in the world around us, but the essential definition and concept of budgets and

The finance minister of India has long been the face of the Union Budget. After all, the FM is the person who rises to present the budget and makes them a larger than life personality. In a fast growing economy like India, the role of a finance minis

Will the Budget 2023-24 be a landmark in terms of direct tax reforms. That looks very unlikely. The consensus is that, at best, there may be a status quo on the income tax rules, since the government may not want to tinker too much with the provision

As the demands of the Union Budget are still being collated, there are some broad expectations that have started to emerge. One of the contentious areas has been the calculation methodology for buyback tax. Buyback is when the company uses its surplu

On the day of the budget presentation, it is the Finance Minister who assumes the role of a larger than life superstar. However, behind the pomp and pageantry of the Union Budget, there is months of hard work and meticulous planning that goes into th