New income tax scheme will give people the option to decide how to save, says Finance Minister Nirmala Sitharaman At the post-Budget press conference, Finance
Day: February 2, 2020
Budget 2020 | Nirmala Sitharaman’s budget booster falls short of expectations – The Hindu
Challenges to fiscal consolidation from slower growth remain; LIC IPO to lead disinvestment thrust, generate revenue; Unimpressed Sensex closes nearly 2.43%, 988 points down. Union
Union Budget 2020-21: Little room to spend, Govt plays safe on fisc, banks on demand | Business News,The Indian Express
Facing one of the steepest slides in growth and just into the first year of its second term, the NDA-2 government decided to play safe when
What the Union Budget did not say | Opinion – analysis – Hindustan Times
The 2020-21 Union Budget is on expected lines, as far as key parameters are concerned. Fiscal deficit as a percentage of GDP has gone up
Modi govt chooses to consolidate on past reforms–Deccan Chronicle
The Budget continued with the thrust on infrastructure, social welfare, improvement in ease of living, simplification on taxes and leveraging technology for better governance. This
Fiscal Deficit | GDP growth: Why Nirmala Sitharaman’s ‘aspirational’ Budget does not have the muscle to reverse slowdown – The Economic Times
The Budget that pampers a large, vocal section of low-income taxpaying voters with income tax cuts, punishes high net-worth individuals by taxing their dividend incomes
Budget 2020: A sea change in the direct tax regime – The Financial Express
Budget 2020 India: The entire regime of holding shares through investment companies, LLPs and trusts may need a review and a complete overhaul in the
Fiscal rectitude or spending push? Budget attempts both, but half-heartedly | Business Standard Editorials
If more expenditure in the rural economy is the need of the hour to revive demand, it is debatable if such tax giveaways could have
PM clearly said we need a tax charter: Nirmala Sitharaman – Times of India
After a marathon speech and a detailed press meet, Nirmala Sitharaman was still full of energy as she explained the finer points of the Budget.
FM had a tough task, but Budget has failed to clear the smell test–Times of India
The economic outlook has been ominous and even the official statistics now have come to terms with it, after a prolonged period of denial. According
Budget well meaning, but may miss deficit target
Expectations from the Budget for 2020-21 were running high because of the background against which the Budget had to be prepared. There were three disturbing
A safe Budget, but will it catalyse revival?–Times of India
Finance minister Nirmala Sitharaman’s second Budget was presented in the backdrop of six consecutive quarters of deceleration in economic growth. Moreover, there was hardly any
उजाडले, पण सूर्य कोठे आहे? | लोकसत्ता
अर्थसंकल्पातून मध्यमवर्ग व कनिष्ठ मध्यमवर्गास बरेच काही दिले गेल्याचे वातावरण निर्माण झाले आहे. ते फसवे ठरण्याचीच शक्यता अधिक.. आशयापेक्षा आकारालाच महत्त्व देण्याचे खूळ अलीकडच्या काळात
मंदीला न भिडणाऱ्या सवलती | लोकसत्ता
पी. चिदम्बरम भारताचे माजी अर्थमंत्री कोणताही व्यवस्थात्मक उपाय नसणारा हा अर्थसंकल्प, सरकारने मंदीशी लढण्याचे प्रयत्नच सोडल्याची लक्षणे दाखवतो.. राष्ट्रपतींचे अभिभाषण, आर्थिक पाहणी अहवाल आणि केंद्रीय
फुकाचे मुखी बोलता…विशेष संपादकीय –महाराष्ट्र टाइम्स
फुकाचे मुखी बोलता… नागरिकांच्या मिळकतीत भर टाकण्याच्या हेतूने आणि त्यांच्या खरेदीची क्षमता वाढण्याच्या उद्दिष्टाने अर्थमंत्री निर्मला सीतारामन यांनी शनिवारी सादर केलेला प्रदीर्घ अर्थसंकल्प आपला हेतू
Budget 2020: Nominal GDP growth for FY21 estimated at 10 per cent, says Nirmala Sitharaman – The Hindu BusinessLine
Sitharaman said income tax rates will be significantly reduced for those who forego reliefs, exemptions Finance Minister Nirmala Sitharaman on Saturday said nominal GDP growth
Reflecting investor disappointment, Sensex tanks 988 points – The Hindu BusinessLine
Disincentive to save in ELSS and ULIPs, fiscal slippage, leave investors unhappy The Sensex tanked 988 points and the Nifty 50 was down 300 points
Why the fiscal deficit target of 3.8% for FY20, still does not add up – The Hindu BusinessLine
The gross borrowings have been kept lower by dipping into small savings fund BL Research Bureau With the Centre’s fiscal deficit hitting 132 per cent
Govt raises turnover threshold for audit of MSME accounts to Rs 5 cr – The Hindu BusinessLine
The government on Saturday unveiled measures aimed at facilitating growth of the country’s micro, small and medium enterprises including raising the turnover threshold for audit
Bank depositors can breathe easy with ₹5 lakh cover – The Hindu BusinessLine
But deposit cover is still way below that in many other countries In a bid to restore the confidence of depositors, the Budget has increased