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
Category: Economy
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
Budget: Vivad se Vishwas will help close pending litigation – The Hindu BusinessLine
The Finance Minister announced a legacy dispute resolution scheme for direct taxes, as widely expected. The Vivad se Vishwas Scheme, follows the Sabka Vishwas Scheme
NIRVIK scheme for export credit insurance to be implemented this year – The Hindu BusinessLine
Scheme for refunding duties, taxes to exporters, too, to be brought out Exporters have been assured that the new export credit insurance scheme, NIRVIK (Niryat
Realty sector: Tweak in interest rebate treatment may shake the foundation – The Hindu BusinessLine
Sector also rues lack of measures to boost liquidity Real-estate buyers could lose out on a major tax incentive while buying a new home. With
Budget helps cut cost-of-credit, resolve pending issues of refunding taxes not under GST: Exporters – The Hindu BusinessLine
Ravi Sehgal, Chairman, EEPC The Budget helps cut “cost of credit” while a new logistics policy can do away with infrastructure bottlenecks on the supply-side
Real Estate sector could be heading to a worse time post-budget – The Hindu BusinessLine
Real estate buyers could lose a major tax incentive while buying a new home. With the new personal income tax regime coming in, although optional,
E-commerce cos to collect 1% TDS from sellers under new levy – The Hindu BusinessLine
The government on Saturday proposed a new levy of one per cent TDS (tax deducted at source) on e-commerce transactions, a move that could increase
Economic slowdown bottomed out, expected to pick up in 2020-21 – The Hindu BusinessLine
The economic growth slowdown has appeared to have bottomed out and is expected to pick up in 2020-21, according to Budget documents. The document further
Union Budget 2020: Full text of Finance Minister Nirmala Sitharaman’s speech | Business News,The Indian Express
Here is the full text of Finance Minister Nirmala Sitharaman’s speech. Hon’ble Speaker, I rise to present the Budget for the year 2020-2021. Introduction In
Nirmala Sitharaman: Govt to remove all Income Tax exemptions in long run | Business News,The Indian Express
Union Finance Minister Nirmala Sitharaman Saturday said the government intends to remove all Income-Tax exemptions in the long run. The announcement came at a press
Budget 2020 India: LIVE Budget News, Announcements, Union Budget Speech & Expectations–Live Mint
With the finance minister delivering the much-awaited Budget 2020-21, the focus is now on what will be its impact in reviving economic growth. First, the
Employees provident fund (EPF) will soon be taxable for those with high salaries–Live Mint
NEW DELHI : Those with high salaries might soon have to shell out income tax on employers contribution under employees’ provident fund (EPF), National Pension
Banks score with personal loans, but it’s risky biz
India’s banking crisis, driven by high NPAs, has persisted for 6-7 years. During this time banks shifted to giving unsecured credit for personal loans, away
करदिलासा? की आवळा देऊन कोहळा काढला? | लोकसत्ता —
करदिलासा? की आवळा देऊन कोहळा काढला? नवीन टॅक्स स्लॅबची निवड केल्यास सुमारे ७० प्रकारच्या करसवलती व करवजावटींवर पाणी सोडावे लागणार लोकसत्ता ऑनलाइन | नवीन इन्कम
Budget 2020 Explained | Your deposits in the bank are now safer: here’s why | Explained News,The Indian Express
The insurance cover for bank deposits has been raised to Rs 5 lakh from Rs 1 lakh, Finance Minister Nirmala Sitharaman has announced in her
Explained: How govt plans to reboot the economy with this budget | Explained News,The Indian Express
The fine print of the Union Budget for 2020-21 notwithstanding, the central strategy of the government seems to be to boost the disposable incomes of
Budget 2020 Highlights, Important Points PDF: Key Highlights of Union Budget 2020-21 India
Union Budget 2020 highlights: #1. Between 2006-2016, 271 million are out of poverty and we should be proud of it, says Finance Minister Nirmala Sitharaman.
Budget 2020 | Government bites the fiscal deficit bullet – The Hindu
It sets in motion a trigger mechanism for deviation; target for the next year is pegged at 3.5% of the GDP The government has decided