Budget 2020 News - Budget 2020 Highlights, Union budget India latest updates

Budget 2020: Sitharman hits back at Chidambaram, says doesn’t want to learn from his faulty remedies

Finance Minister Nirmala Sitharman on Tuesday hit back at former finance minister P Chidambaram for his ‘incompetent doctors’ overseeing the economy ...

Elders debate Budget, Opposition questions economy managers

The patient (economy) is being monitored by incompetent doctors: Chidambaram

Budget 2020

New income tax regime: Should you switch?

Check these numbers to decide whether you will save tax

Budget, the dog that didn’t bark

Let out your house? You can still claim interest deduction ...

But there are other restrictions that you should take note of

Not a full thali, only morsels for everyone

Invokes FRBM ‘escape clause’ to relax fiscal deficit target to 3.8% for FY20 and 3.5% for FY21

Govt seeks to engage itself with businesses, industries, ...

Union Finance Minister Nirmala Sitharaman on Sunday said that the government wants continuous engagement with ...

Other

Agri-business: No funding cheer

What ChangedFarm experts were looking for a bounty from the Finance Minister this year again, either in the form of higher allocation for PM-KISAN or ...

Success of listed insurers augurs well for LIC public issue

The changeThe life insurance space in India has been gaining significant traction, with top private sector players delivering strong performance over ...

Nothing substantial for India Inc.

The increased capex could help infra, cement, steel and other allied sectors

FM: All I-T exemptions to be phased out

Brushes aside allegations that the new tax system with conditions will discourage savings

Decoding Budget sops for Mutual Fund investors

Budget 2020 has abolished dividend distribution tax (DDT) on the dividend declared by companies and mutual funds to shareholders/unitholders.Since the ...

Railways gets the green signal for solar mission

The Railways will attach refrigerated coaches to express passenger trains so that they can also move milk, meat and fish.Elaborating on the subject, ...

₹22,000 cr for power linked with efficiency

The push towards Discom reforms may lead to a shift in disbursals

100 UDAN airports to boost tourism

Secondary airports will give the impetus

Real estate: Sustained focus on affordable housing

Tax holiday for affordable housing, will drive more projects in this segment

Infrastructure: Funding sorted out; execution ignored

The ChangeThe Budget has proposed a slew of measures to ease the financing woes that had crippled the infrastructure space for long. On the one hand, ...

₹1,480-cr technical textiles mission to boost domestic production

Anti-dumping duties on PTA to be abolished; will benefit user industry

‘Govt has given up on reviving the economy’

There’s no single idea that addresses slow demand, shrunk investments: Chidambaram

No direct benefits for autoindustry

Increase in custom duties to impact EV pricing

Budget 2020: Exclusive trains and planes to ferry produce

Allocation for agri, allied sectors raised 8.1% to ₹1.6-lakh crore; FM details 16-point action plan

Budget 2020: International tour packages could get costlier

International tour packages could get costlier by 5 per cent with the budget proposing to include ‘overseas tour packages’ under the collection of ...

New Economy: So far, so good

The ChangeThe Union Budget has raised the eligible turnover limit for start-ups to claim income-tax deduction of profits to ₹100 crore from ₹25 crore, ...

5-year relaxation on ESOP tax: Budget fulfils long-standing demand from start-ups

Recognising start-ups as engines of economic growth, Finance Minister Nirmala Sitharaman has agreed to a long-standing demand from industry to tax ...

From Our Research Bureau Railways: Wrong side of the track

The ChangeStock prices of most companies in the rail sector fell sharply post the FY21 Budget session. Market players seem to have been disappointed ...

Budget: Vivad se Vishwas will help close pending litigation

The Finance Minister announced a legacy dispute resolution scheme for direct taxes, as widely expected. The Vivad se Vishwas Scheme follows the Sabka ...

All you need to know about the Kashmiri poet Nadim

Finance Minister Nirmala Sitharaman's Budget speech was peppered with quotes from Kalidasa’s Sanskrit work Raghuvamsam, Tamil philosopher ...

NIRVIK scheme for export credit insurance to be implemented this year

Scheme for refunding duties, taxes to exporters, too, to be brought out

Old vs. New Tax Regime? Here’s all you need to know

"In the long-term, a taxpayer would indeed end up paying a higher tax amount in the new regime as compared to the old regime."

Budget 2020: A 2 hour, 40 minute speech that tired all, including the FM

It was a Budget speech that was far too long, exhausting everyone including the one who delivered it. Clad in a mustard saree, keeping with the ...

Realty sector: Tweak in interest rebate treatment may shake the foundation

Sector also rues lack of measures to boost liquidity

Making FTAs work: Measures to crack down on misuse welcome, but implementation is key

To check undue claims of free trade agreement (FTA) benefits that are posing a threat to domestic industry, the government has planned a number of ...

Budget helps cut cost-of-credit, resolve pending issues of refunding taxes not under GST: Exporters

The Budget helps cut “cost of credit” while a new logistics policy can do away with infrastructure bottlenecks on the supply-side of overseas ...

Farmers’ body thumbs down to the Budget

Did little to increase demand in rural areas, says AIKSCC

Allocation to Ayushman Bharat flat, no increase due to low utilisation

Up to ₹69, 233 crore allocated to Health, Family Welfare, Research and AYUSH

Bank depositors can breathe easy with ₹5 lakh cover

But deposit cover is still way below that in many other countries

Sans the draw of I-T deductions, life insurers may have to rejig sales strategy

Investment benefits of insurance will now be bigger selling point

Budget & You: Some relief but a bit of tightening too

For the common man, the budget has improved his ease of compliance by widening the scope of the e-assessment scheme, introducing e-appeal and ...

E-commerce cos to collect 1% TDS from sellers under new levy

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 ...