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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.

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Union 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.

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Union Budget 2020: Industry Reactions

This budget packs a wallop. To understand the excitement, here are the industry reactions from different sectors.

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India'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.

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Budget 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

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FM 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.

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Fiscal 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.

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Sitharaman 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.

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Sitharaman 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.

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Budget 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.

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Market Gives Thumbs Down To Union Budget 2020-21

Sensex was trading over 150 points higher ahead of the Budget presentation.

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India 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.

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Sitharaman 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.

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FM 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.

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Companies Act To Be Amended To Decriminalise Civil Offences

FM says tax harassment cannot be tolerated and wealth creators will be respected in the country.

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