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Sunday, August 09, 2020

Budget 2020

BUDGET 2020 NEWS

Karnataka Budget: More tax on fuel, liquor as govt focuses on infra boost

March 05, 2020 8:58 pm

Presenting the budget in the assembly, Chief Minister B S Yediyurappa announced tax on petrol would be increased from 32 per cent to 35 per cent and diesel from 21 per cent to 24 per cent.

'Haven't made up our minds as yet': Sitharaman on removal of I-T exemptions

February 16, 2020 10:12 pm

"We have not made up our minds as yet (on the removal of all exemptions)... We are trying step by step, move forward and no particular timeline given," she said when asked if there is any timeframe for removing all income tax exemptions," Nirmala Sithartaman said.

Budget proposals won't have much inflationary impact: RBI Governor Shaktikanta Das

February 15, 2020 5:47 pm

On the impact of Budget on inflation, Shaktikanta Das said that the escape clause used by the government is well within the parameters set by the Fiscal Responsibility and Budget Management Act committee.

Just Rs 1,000 for Chandigarh-Baddi, Yamunanagar line in railway budget

February 14, 2020 9:00 am

No funds have been allocated for the establishment of the Modern Signalling Equipment Factory at the Chandigarh railway station.

RBI may cut interest rates by 40 basis points in FY21: Fitch Solutions

February 07, 2020 5:51 pm

The RBI held its benchmark repurchase (repo) and reverse repo during its February 6 monetary policy meeting at 5.15 per cent and 4.90 per cent respectively.

Road to reform: Why Modi govt could use schemes like PMGSY for farm sector reforms

February 06, 2020 8:02 am

Modi government is seeking to leverage schemes such as PMGSY to nudge states to liberalise their agricultural markets for seamless trading of produce

FM tried to address issues facing the economy. But state and municipal budgets are equally critical

February 06, 2020 9:36 am

With central reforms increasingly announced outside budget speeches, and both revenue and expenditures starting to become predictable, it might be more productive for public attention to move to other areas of government functioning like state and municipal budgets.

Budget 2020: Last irritant of startups gone in Budget; perfect ecosystem for them in India, CBDT says

February 05, 2020 12:50 pm

CBDT Chairman P C Mody said most of the issues pertaining to startups were already addressed in last budget and the remaining matter on ESOPs (employee stock option plans) was resolved this time.

Budget 2020 was aspirational but fell short of addressing key issues

February 04, 2020 4:25 pm

Whether this Budget can aid in immediate growth revival as desired right now is one of the questions everyone is asking.

With savings rate falling, phasing out exemptions may hit it harder

February 04, 2020 6:50 am

The savings rate, expressed as a percentage of the gross domestic product, reflects the pool of investible funds within the country that are available for the government and private businesses to use for investment purposes.

BUDGET 2020 PHOTOS

Union Budget 2020: Key announcements by FM Nirmala Sitharaman

February 01, 2020 4:51 pm

Presenting the Budget 2020 in Lok Sabha, Finance Minister Nirmala listed three core themes for the Budget — Aspirational India, Economic Development For All and A Caring Society. Stressing on doubling farmers’ income by 2022.