SEARCHED FOR:UNION BUDGET 2019 20
View: Budget a big bang miss, but packed with right intent and ingredients
The FM did well to utilise the fiscal headroom to stretch the FY20 fiscal deficit to 3.8%.
TARP-like package for NBFCs, realty booster big misses of Budget 2020
FM seems to have been able to only partially meet some of the high expe...
Farm leaders disappointed with no increase in PM Kisan pay out in Budget 2020
With agriculture credit increased from Rs 87,000 crore in 2003 ...
Budget 2020: Finance Minister announces new electronics manufacturing scheme
A new scheme to push domestic electronics manufacturing was a key demand of the industry, since three key scheme which were incentivising local manufacturing had ended last year.
Budget 2020: FM Sitharaman announces 16-point action plan for agriculture
The lot of the farmer has improved little, with various states having cumulatively written off a whopping Rs 4.7 lakh crore of farm loans in the past one decade, which is 82 per cent of the industry-level bad loans.
SCOPE says Budget to give boost to Infra sector
UD Choubey, DG, SCOPE said the public sector enterprises will have a greater onus in fulfilling Budget commitments in infrastructure sector
Trade unions’ mixed response to the Budget
According to AITUC, the budget is full of rhetoric and slogans, means another round of setbacks to working people and farmers, as it is devoid of any commitment and budget allocation to free them of indebtedness.
'Feel good' Budget may see cut in tax rate, sops for social sectors
FM is expected to pull out all stops to spur demand and investment, govt sources and economists said.
Government has taken specific steps to boost exports: Nirmala Sitharaman
The minister said textiles and all other sectors, which currently enjoy incentives up to 2 per cent over MEIS, will transit to RoDTEP. "In effect, RoDTEP will more than adequately incentivise exporters than the existing schemes all put together," Sitharaman said, adding that now the concerns raised over withdrawal of MEIS is addressed.
Budget 2019: Rs 3.18 lakh crore allocated to defence budget
The allocation of Rs 3.18 lakh crore has been estimated at around 1.6 per cent of the GDP.
Budget 2019: FM Nirmala Sitharaman shuns wealth tax, but increases surcharge for super rich
Wealth tax was abolished in the Budget 2015 as the cost incurred for recovering taxes was more than the benefits derived from it.
Dear FM, it'll be nice to see some Budget innovations to fund capex, create demand
On a headline basis, we expect fiscal deficits of 3.7%/3.4% in FY20/21, said Chhaochharia.
Economic Survey 2019-20 focuses on wealth-creation for 130 crore Indians: PM Modi
Prime Minister Narendra Modi tweets ahead of Union Budget saying 'the Economic Survey 2019-20 focuses on wealth-creation for 130 crore India...
Announce convergence of all corporate tax rates to 15 pc in Budget: CII
The government last year reduced corporate tax rates to 22 per cent, plus surcharge and cess. However, companies will not be allowed to avail any tax exemptions or incentives.
Budget 2019: Marginal increase in allocation for CBI
According to the Budget document, the CBI received an increase from Rs 778.93 crore allocated last year to Rs 781.01 crore.