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

Should the Budget dispense with tax audit?

While much of the info are provided by taxpayers in the ITR, a tax auditor’s services will be need to improve the quality of the reports and in interpreting the complex IT Act

What individual taxpayers can expect from Budget 2020

Higher income slabs, lower tax rates high on the wish-list

Big Budget question: What will the Centre’s fiscal policy be in 2020-21?

Markets, investors have factored in fiscal slippage in FY20

Tax breaks for investments in property can spur job creation, help economy: Federal Bank CEO

Bank credit growth languishing at single-digit levels is a big cause for worry. Investments and consumption have taken sharp knocks, impacting the ...

Will the Budget offer some solace to farm widows?

They await a comprehensive relief and rehabilitation package from the Centre

Is the budgetary thrust on agriculture lending helping farmers?

Credit accessibility to small marginal farmers remains weak; diversion of loans and rise in banks’ NPAs need attention

Include auto dealerships in MSME Act: Ashish Harsharaj Kale

In an interview with BusinessLine, Ashish Harsharaj Kale, President, Federation of Automobile Dealers Associations (FADA)outlines FADA’s Budget expectations.

Budget 2020: Meet the officials working behind the scenes

India’s Prime Minister Narendra Modi has taken a keen interest in the preparation of the governments upcoming budget to help spur growth in Asia’s ...

Pending fertiliser subsidy hits ₹45,000 crore

Pending dues from previous years, spike in urea production costs behind rise; fertiliser companies struggle for working capital

What is the aam aadmi hoping for in this Budget?

FinMin gets nearly 19,000 suggestions

‘Ruralise’ Budget to help revive economy

Increasing budgetary allocation for rural initiatives can prop up consumption and even aid in raising employment numbers

Measures needed to tackle persistent ground-level delays in project execution

Speedy recovery of govt dues, ring-fencing projects from regional politics also crucial

Govt’s moves open up opportunities

Energising PPP model can help the construction equipment sector

Budget may introduce next leg of Discom reforms

Centre will help Discoms trim losses if they adhere to ‘trajectories’, says Power Minister RK Singh

Gold trade hopes Union Budget will fix customs duty anomaly

Organised jewellery chains hope the 2020-21 Union Budget to be presented on February 1 will rectify the taxing anomalies that have benefited illegal ...

Measly budgetary allocation under PMAY leading to delay in interest subsidy payout

Over the past five years, the Centre has allotted just Rs 5,300 crore under CLSS

Centre wants 10,000 FPOs set up by 2024; where do we stand now?

There are very few Farmer Producer Organisations today; the ecosystem to develop them does not exist in most States, lament experts

Cut in GST, sops for home insurance are needed to extend reach

In view of the importance of insurance, the government can look at reduction in GST across insurance products. Currently, applicable GST rate for a ...

Policy push a must to boost social security

And this needs an enabling framework to give the aam aadmi life, health cover

Their Their View The market has great expectations from the Budget

With a slowing economy marked by a 11-year low GDP, the FM has a tough task ahead

Why has the Union Budget regained its lost glory this time?

There’s exactly one week to go for the first full-year Budget of the Narendra Modi government in its second term. Union Budgets have long lost their ...

Procedural delays hit Central schemes’ fund use at district level

Tracking the flow of funds of centrally-sponsored schemes up to the grassroots level reveals difficulties in utilisation of allocated budgets, ...

Govt must focus on improving rural consumption and infra development projects

The Centre should focus on improving the rural consumption, kickstart construction activity and push for more infrastructure creation for unleashing ...

‘India going through a slowdown like 2001-03, but there’s no crisis’

Forex reserves are at record levels despite the slump, says Edelweiss chief

Financial services sector optimistic about turnaround

Bets on more measures in the Budget to give growth a leg up

Nat-Cat events: ‘Budget should introduce affordable home insurance scheme’

To cover property losses, an index-based system could be adopted, says Tapan Singhel, MD & CEO, Bajaj Allianz

Towards a $1-trillion digital economy

Policy roadmap to boost investments, import duty waivers for services exporters will help industry

Telecom sector faces existential challenge; seeks immediate govt intervention

Telecom sector has rarely been mentioned in any of the past Budgets but it is one sector that now needs urgent fiscal respite. Telecom companies are ...

Economic slowdown: What should the Budget address?

The possibility of a lower-than-expected revenue growth will constrain fiscal stimulus measures. In this context, the government should increase non-defence capital expenditure

Extend PM-Kisan, pension scheme to tenant and old farmers: Vijoo Krishnan

The government should find ways to extend schemes like PM-Kisan to tenant farmers apart from giving pension to old farmers and broaden the scope of ...