The Union Budget of 2020-21 has chosen to hide the above reality with the average growth rate for the 2014-19 period, the narrowing of trade
Month: February 2020
Reality check, turnaround hope | The Indian Express
The real negatives in the Budget have to do with raising customs duty on a host of items, from dairy and footwear to household appliances,
As government projects growth revival, 4 numbers that define the economy – business news – Hindustan Times
As the government projected a revival of growth, we take a look at the figures that define the Indian economy – GDP growth rate, inflation, fiscal
Budget 2020: Tactics over strategy – analysis – Hindustan Times
One way to understand the budget presented on Saturday is to focus on three key themes — the fiscal deficit, tax, and expenditure. The estimates
We will come up with clarification on new personal tax regime, says Finance Minister Nirmala Sithraman | Deccan Herald
The newly proposed income tax regime lacks clarity, admitted Finance Minister Nirmala Sitharaman in her candid interview a day after she presented the Union Budget.
Salaried class earning upto Rs 12 lakh better off in old I-T regime, says the government | Deccan Herald
For the non-salaried such as businessmen and professionals, however, the old regime will be beneficial for if their annual income is upto Rs 7.5 lakh,
What Budget could have delivered better for markets | Deccan Herald
Going by the market reaction Budget 2020 was a disaster. Let me start by saying it was not as bad as the market reaction. The
Markets await clarity from govt in Budget proposals | Deccan Herald
Indian equity markets fell sharply on the last day of the extended week to close at 4-month low after the Union Budget presented on 1st Feb (Saturday) disappointed
अपेक्षितांचे अंतरंग! |लोकसत्ता
ज्यांनी पाठिंबा दिला, त्यांचीच उपेक्षा करण्याचे मोदी सरकारचे कसब ताज्या अर्थसंकल्पातही दिसून येते.. अर्थसंकल्पबाह्य़ बरेच काही करायचे. त्यामुळे नवे काही करायला अर्थसंकल्पात वित्तीय उसंत नाही.
View: Protectionist measures announced in international trade by FM are indeed worrisome – The Economic Times
By Arvind Panagariya There is much in Budget 2020 that I like. But it also has a serious shortcoming in one area requiring urgent course correction. I discuss
Budget measures too long term, unlikely to meet growth targets in FY21: Crisil – The Economic Times
It can be noted that this is the fourth consecutive budget that the Modi government has missed the original budget estimates on deficit numbers. Economists
Budget 2020: Amazon, Flipkart may approach govt for clarification on Budget proposal – The Economic Times
NEW DELHI: Amazon India and Flipkart are studying the Budget proposal on levy of one per cent TDS, and may reach out to the government
ET View: Growth unlikely to revive in a hurry; budget couldn’t have changed this reality – The Economic Times
By Sonal Varma Faced with a slowing economy, the key question for this budget was whether the government would try to quickly boost economic growth
View: Few winners in FM Nirmala Sitharaman’s marathon speech – The Economic Times
It is said that size matters, but the longest speech in budget history did not guarantee Nirmala Sitharaman success. Her second budget had no big
Penalties for false entries and fake invoicing: IT Act to be amended – The Economic Times
NEW DELHI: The Union Budget has proposed to levy penalties on taxpayers who manipulate their accounts via false entries and fake invoicing to claim input
GST: CBIC extends GSTR-9 and GSTR-9C filing dates in a staggered manner – The Economic Times
On a day when the Economic Survey acknowledged the fact that both GST system is complex, taxpayers found it impossible to file their returns. The
MSME: Budget 2020: Decoding Nirmala Sitharaman’s budgetary allocation for MSMEs – The Economic Times
The biggest dip has come for the Credit Support Programme, its earlier share was Rs 597 crore and this time its allocated only Rs 100
Nirmala Sitharaman’s Budget 2020 is a disappointment at many levels | Business Standard Column
When Nirmala Sitharaman presented the government’s Budget for the current fiscal year in July 2019, this columnist had argued: “The revenue projections are unrealistic. …The
Disinvestment dynamics | Business Standard Editorials
The Budget estimates for the next fiscal year, to a large extent, depend on achieving an ambitious disinvestment target. It intends to raise a massive
Glide path for direct tax | Business Standard Editorials
One of the headline initiatives in the Union Budget for 2020-21 was a proposed change to personal income tax applicable in particular to income below