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Latest Articles in Union Budget 2020
Soon, Income Tax Exemptions To Go: Nirmala Sitharaman
Govt intends to remove all income tax exemptions in long run, said the finance minister.
Read MoreUnion Budget 2020-21 – Good For The Long-Term But Misses Real Estate ‘Quick Fixes’
The Budget misses on the ‘quick fixes’ the real estate sector needs urgently and focuses more on a long-term vision.
Read MoreUnion Budget 2020: Industry Reactions
This budget packs a wallop. To understand the excitement, here are the industry reactions from different sectors.
Read MoreIndia's Growth, Fiscal Deficit Projections Challenging To Meet: Moody's Analyst
India's finance minister, Nirmala Sitharaman, set a fiscal deficit target of 3.5 per cent of GDP for the year ending March 2021 and said it expected nominal GDP of 10 per cent.
Read MoreBudget Proposals To Propel Health Sector
Allocation to health went up by around 10 per cent; Budget proposals push for developing health infrastructure in Tier II, Tier III towns including boosting Ayushman Bharat Scheme
Read MoreFM Sitharaman Proposes Rs 2,500 Crore For Tourism In 2020-21, Eight New Museums
Due to tourism revenues foreign Exchange earnings grew 7.4 per cent to Rs 1.88 lakh crore for the period January 2019 from Rs 1.75 lakh crore.
Read MoreFiscal Deficit Target Raised To 3.8% From 3.3% For FY20
This fiscal path commits us to the path of fiscal consolidation without compromising the needs of investment out of public funds.
Read MoreSitharaman Praises Entrepreneurs, Announces New Scheme To Achieve Higher Export Credit Disbursement
The Government e-Marketplace (GeM) is moving ahead for creating a unified procurement system for providing a single platform for procurement of goods, services and works.
Read MoreSitharaman Announces Ease In Tax Burden Of Startup Employees
Under the Start-Up India campaign, recognition has been accorded to 27,000 new startups in the country.
Read MoreBudget Documents Laid In Rajya Sabha
The Rajya Sabha met again at 1:55 pm but was again adjourned for 10 minutes as Sitharaman reached late.
Read MoreMarket Gives Thumbs Down To Union Budget 2020-21
Sensex was trading over 150 points higher ahead of the Budget presentation.
Read MoreIndia To Spend $40 Billion On Farm Sector To Lift Wobbly Economy; Fiscal Deficit Slips
Agriculture accounts for 15% of India's gross domestic and a source of livelihood for more than half of the country’s 1.3 billion population.
Read MoreSitharaman Proposes New Personal Tax Regime, Check New Tax Slabs
To provide significant relief to individual taxpayers and simplify the tax law, a new regime of personal income tax to be introduced.
Read MoreFM Proposes Kisan Rail In PPP Mode For Quick Transport Of Farm Goods
Refrigerated parcel vans on select mail express and freight trains for carrying perishable cargo also on the anvil.
Read MoreCompanies Act To Be Amended To Decriminalise Civil Offences
FM says tax harassment cannot be tolerated and wealth creators will be respected in the country.
Read More