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

Re-instill confidence in lending to real estate

The trust deficit is clogging the flow of liquidity to where it is needed the most. Re-instilling confidence in lending to the real estate sector is ...

Stock markets to be open on Budget day

Stock markets will be open for normal trading on February 1, Saturday, when the Union Budget will be presented.Generally, the markets are closed on ...

Budget will have plan of action on economy: Prakash Javadekar

The government will unveil its “plan of action” to boost the economy in the Union Budget to be presented on February 1, Union Minister Prakash ...

Budget memorandum: Exporters’ body urges Centre to slash import duty on cut, polished diamonds to 2.5%

Also wants duty on precious metals to be reduced to 4%

Budget must focus on stepping up savings

There is a huge vacuum in the institutional framework for long-term and reliable finance for productive purposes

More sparks needed to light up the scene

But faltering revenues, tepid divestment receipts leave little headroom for big stimulus

It’s time to address demand-side problems

The government has over the last few months introduced various measures to address the slowdown in the economy by addressing specific issues in the ...

A throwback to protectionism?

The treatment meted out to Amazon chief, the ‘Make in India’ push and the non-signing of RCEP are pointers to that

Govt looking at separate investment window for life insurance policies

Budget 2020-21 may also review the ₹1.5-lakh limit under Section 80C

How to play Budget week using Nifty options

The long-term outlook remains positive for Nifty 50 (12,352.35). Only a close below 10,030 will change the outlook negative for the index. If the ...

Crop insurance scheme to be made more effective: Tomar

Union Agriculture Minister Narendra Singh Tomar told the Lok Sabha on Wednesday that the government is working on making Pradhan Mantri Fasal Bima ...

Budget is not without a plan, says Nirmala Sitharaman

Budget reflects firm commitment to boost investment in agriculture, and social sector particularly healthcare, the Finance Minister said

Chidambaram slams budget, says Centre set unrealistic targets

The BJP and the Congress took turns to blame each other for the “crisis” in country’s economy during a debate on the budget in Rajya Sabha on ...

Offshore funds: Budget provides tax fillip to fund management activity

Relaxes 2 conditions for not qualifying as a tax resident in India

Super-rich tax on FPIs: We’ll take it as it comes, says FM

Finance Minister Nirmala Sitharaman on Monday ruled out any clarification on the surcharge on the super-rich and foreign portfolio investors (FPI), at ...

Why the push to make India an aircraft leasing, financing hub is a significant step

The Budget announcement to unveil measures for aircraft financing and leasing activities in the country could help India enter an exclusive ...

File tax returns if you have foreign trips, steep electricity bills

Here is why even those high spenders whose taxable income is below the threshold exemption limit of Rs 5 lakh should also file their returns.

Proposed hike in FDI to drive up M&A deals

A proposed hike in Foreign Direct Investment (FDI) would benefit the M&A sector as existing foreign investors would look to hike their stakes in ...

Union Budget 2019 will lead to all round development of India: SCOPE

Standing Conference of Public Enterprises (SCOPE), an organisation which represents the central government public enterprises said that Union Budget ...

Govt, in order to promote economy, must promote investment private consumer demand: C Rangarajan

According to budget estimates, within non-tax revenues, dividends and profits is expected to grow at 37 per cent growth in FY2019-20.

Budget silent on spectrum revenues

In a departure from the past, this year’s Budget is silent on the proceeds from the proposed 4G and 5G spectrum auctions slated by December, even as ...

Real estate cos agog over public entities’ land parcel for affordable housing

Property developers and real estate companies are gung-ho about government proposalto make available land parcels from public entities for affordable ...

Mobility: Budget sops to give an ‘electrifying’ start

The budget 2019-20 has given much-needed sops to accelerate electric mobilitythough the auto industry was disappointed that no announcement was there ...

Budget lays down roadmap for India to get back on high growth track: Jaitley

Arun Jaitley said several sectors of interest to the middle class and the neo-middle class, like affordable housing and electric vehicles, have been incentivised

Budget 2019: Farmer Producer Organisations require ecosystem of support

Agriculture experts point out various challenges in setting up the FPOs

Overall, a positive budget for start-ups

Start-ups are heaving a sigh of relief as the Finance Minister announced measures to do away with the long pending contentious issue of Angel Tax, ...

New tax incentives to make GIFT City as global financial hub

FM proposes to provide several direct tax incentives to an IFSC including 100% profit-linked deduction under section 80-LA

Budget 2019 could see MRO sector doing Make in India

Union Budget 2019-20’s focus on the Maintenance, Repair and Overhaul (MRO) industry has been welcomed by the industry. In her speech, the Finance ...

Budget 2019 reflects Govt’s intent to divest Air India: Analysts

Government also intends to make India a hub for leasing aircraft

A cautious start for Modi 2.0

Finance Minister Nirmala Sitharaman on Friday presented a stodgy Budget that fleshed out some details of the roadmap to achieving the Narendra Modi ...