Be careful what you wish for. Finance minister Nirmala Sitharaman’s budget on Saturday ticked almost all the boxes on the market’s wish list. Yet, the Sensex tanked, ending
Day: February 4, 2020
Budget 2020: Fiscal pressures prompt Modi govt to raise money from finance sector – The Economic Times
by Suvashree Ghosh The fiscal pressures facing Narendra Modi’s government showed through clearly in the measures announced for the financial sector, where the priority was
Budget 2020: This Budget won’t let FM sleep all through FY21. Here’s why – The Economic Times
NEW DELHI: Finance Minister Nirmala Sitharaman’s commitment to stay on the path of fiscal consolidation in Budget 2020 did impress most economists and overseas rating agencies, but analysts find
Ajay Bhushan Pandey: Avail scheme to get out of demonetisation jam: Revenue secy Ajay Bhushan Pandey – The Economic Times
Individuals who received the income tax notices following demonetisation in 2016 will be able to take advantage of the amnesty scheme announced in the budget, revenue secretary Ajay Bhushan Pandey said. These will
Exporters likely to be exempted from ‘Tax at Source’ – The Economic Times
New Delhi: The government will soon clarify that the $300-billion exports sector would not be covered by the proposal for 1% tax collected at source (TCS), introduced by the
Budget Impact on NBFCs | Budget 2020: A big positive for NBFCs, MSMEs–Economic Times
By Dinanath Dubhashi The budget has clearly kept its focus on boosting economic growth. It is noteworthy that despite significant challenges to revenue mobilisation, the government
Budget 2020: Rajiv Kumar & Swaminathan Aiyar on Budget expectations, fiscal prudence, disinvestment target – The Economic Times
Rajiv Kumar, Vice-Chairman, NITI Aayog, says the market was expecting the government to become fiscally irresponsible, and Swaminathan Aiyar, Consulting Editor, ET Now, agrees market expectations for a
Welcome Move to Ease Tax Compliance–Economic Times
The changes proposed in the budget to the personal incometax system — simplified for incomes up to Rs 15 lakh, the taxpayer’s charter, the reduced
Small Savings Stymie Monetary Policy–Economic Times
The increasing reliance of the Centre on small savings to finance the fiscal deficit is a source of concern. The fiscal deficit is a little
Follow up on follow throughs
Finance minister Nirmala Sitharaman has accomplished a difficult balancing act and essayed a growth oriented budget in the middle of a severe economic slowdown and
CBDT cuts per day cash limit for payments – Check details – The Financial Express
The rule 6ABBA is deemed to have been inserted from the 1st day of September 2019, which mentions all digital or electronic mode of payments.
Budget 2020: Commercial real estate to be biggest beneficiary of FM Sitharaman’s Budget – The Financial Express
Budget 2020: Setting up of 5 new smart cities under the PPP model, development of 100 new airports across the country along with enhanced focus
Govt takes first step towards Rs 3 lakh crore-turnover target proposed in budget for its e-marketplace – The Financial Express
The development comes days after the Finance Minister Nirmala Sitharaman proposed increasing the turnover of GeM to Rs 3 lakh crore. Ease of Doing Business
Don’t worry, GST collection would pick up soon; here’s why too many changes can be avoided – The Financial Express
Goods and services tax (GST) collection crossed the Rs 1 lakh crore-mark for the third month in a row in January on the back of
Budget 2020: Dividend Distribution Tax saga comes to an end! How will you get impacted? – The Financial Express
Budget 2020: The Finance Bill, 2020 proposes to abolish DDT. The proposal is to replace DDT with a classical system of taxation Budget 2020: Presently,
FM’s Budget 2020 speech: Employment outlook remains bleak for FY21 | Business Standard Column
It is often feared that the Government of India lives in denial of the unemployment problem in India. The finance minister’s budget speech in Parliament
New I-T structure gives option to save tax: Revenue secretary – Times of India
NEW DELHI: The new lower income tax (I-T) rates offered in the Budget 2020-21 will leave more cash in the hands of those who do
PM Modi’s guarded stimulus unlikely to revive growth – Times of India
NEW DELHI: Finance minister Nirmala Sitharaman’s new Budget is unlikely to drag Asia’s third- biggest economy out of its worst slowdown in more than a
P B Mehta on Budget 2020: Things that it will take to fix the economy cannot be done in the Budget
Is the Budget disappointing? Depends on what you expected. You can perhaps feel a sense of relief that the government did not take another big
Opinion I Budget 2020: Govt yet to shed ‘charity approach’ towards persons with disabilities | The Indian Express
Written by Arman Ali The aspirations of persons with disabilities in Union Budget 2020 were once again shattered with the Finance Minister announcing a meagre amount of
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