Union Budget 2020-21

Budget 2020 expectations: 69% want income tax limit to be hiked to Rs 5 lakh, says survey

Since the government announced the corporate tax rate cut in September this year, people are hoping that the Budget 2020 will bring some relief for the individual taxpayers as well.

Jan 25, 2020, 16:23 PM IST

Budget 2020: RBI Governor stresses on the need for more structural reforms to revive growth

Reserve Bank Governor Shaktikanta Das also listed out some of the priority areas where structural reforms are necessary and if carried out in earnest can act as potential growth drivers and through backward and forward linkages can give significant push to growth.

 

Jan 24, 2020, 19:55 PM IST

Ex-finance secretary Subhash Chandra Garg pitches for large-scale expenditure reforms

Subhash Chandra Garg said that large-scale reforms are called for in the central expenditure program and he hopes to bring out an analysis of which central government expenditure program should be scrapped or deeply restructured 

Jan 24, 2020, 19:43 PM IST

Budget 2020: Insurance industry seeks more tax incentives for increasing life policies

Finance Minister Nirmala Sitharaman is scheduled to present the Budget for the financial year 2020-21 on February 1.

Jan 24, 2020, 17:06 PM IST

Union Budget 2020: Indian jewellery makers seek 'relief' from FM Nirmala Sitharaman

The jewellery sector, which plays a crucial role in the economy, expects the Finance Minister to give some tax concessions from Union Budget 2020. Here's what the Indian jewellery makers want from Union Budget 2020.

Jan 24, 2020, 17:05 PM IST

India likely to fund some $28 billion of 2020-21 expenditure via off-budget borrowings, claims sources

Off-budget borrowings are a means by which the government keeps its fiscal deficit in check by making quasi-government entities borrow on its behalf, to partly fund its expenditure plan for the year.

Jan 23, 2020, 20:43 PM IST

Union Budget 2020-21: Expect a business-friendly budget, says TCS COO NG Subramaniam

TCS COO further said that the industry expects a ''business-friendly budget.''

Jan 23, 2020, 20:20 PM IST

Union Budget 2020: Expect measures to ease working capital blockages, says Avail Finance founder Ankush Aggarwal

Avail Finance founder on Thursday said that he is looking forward to reforms that bring in more transparency, advanced tools, and technologies with an aim to optimize processes to provide the end-user with a superior experience with greater convenience, engagement and enhanced security, in the Union Budget.

Jan 23, 2020, 19:28 PM IST

Union Budget 2020: Railway passengers expect CCTVs, onboard entertainment in trains

People told Zee News their expectations for Indian Railways in the Union Budget 2020, and what changes they wish to see.

Jan 23, 2020, 17:58 PM IST

Government should cut Income tax to boost demand, says Pawan Goenka

On the sidelines of World Economic Forum (WEF) at Davos in Switzerland, Pawan Goenka, Managing Director of Mahindra & Mahindra told Zee Business that the government should take a very aggressive stand to revive the economy. 

Jan 23, 2020, 17:37 PM IST

Budget 2020 may offer production incentives for fabless chip firms

The National Policy for Electronics, 2019, argues for special support for developing core competencies in the strategic sub-sectors like fabless chip design industry.

Jan 23, 2020, 16:03 PM IST

Budget 2020 opportunity to unleash reforms to restore economic growth: Brickwork

Brickwork Ratings on Thursday said the Union Budget 2020 is an opportunity to unleash reforms to restore economic growth and to set a clear roadmap for achieving the ambitious USD 5 trillion economy target by 2025.

Jan 23, 2020, 15:54 PM IST

Budget 2020 may announce big bonanza for income tax payers, no tax on income up to Rs 5 lakh

A reduction in income tax is will enhance the disposable income of the people and in turn encourage individual spending, positively impacting the middle-class sector.

Jan 22, 2020, 17:51 PM IST

Q3 results, budgetary expectations to dictate equity trend

 High stock valuations and the direction of foreign fund flows will impact the risk-taking appetite of domestic investors. The market participants expect measures to boost consumer sentiments via budgetary announcements on enhanced state funding for mega infrastructure projects and other sops to reverse the de-growth cycle.
 

Jan 20, 2020, 15:45 PM IST

FM to set realistic nominal GDP target at 9.5-10 percent

Revenue estimates and fiscal deficit targets are also likely to be circumspect as not to face a situation of failing to meet them as the Finance Ministry is already fighting two perceptional issues -- transparency in disclosing budget data, and not to set ambitious tax revenue and fiscal deficit targets.
 

Jan 20, 2020, 15:37 PM IST

Union Budget 2020-21: Nirmala Sitharaman participates in 'Halwa Ceremony' at Finance Ministry

Union Budget 2020-21 is to be presented on 1st February 2020. To maintain the secrecy of Budget, there is a “lock-in” of the officials involved in making the Budget. 

Jan 20, 2020, 14:12 PM IST

Budget 2020: Finance Ministry to host ritualistic Halwa ceremony on January 20

After the ceremony, the employees who are a part of the budget-making process, move to the basement of North Block to prevent any leaks before the Budget is presented. 

Jan 19, 2020, 20:51 PM IST

Banks to remain shut on Budget day as unions call for 2-day strike from January 31

In January, this would be the second bank strike after the first one was observed along with Bharat Bandh on January 8.

Jan 16, 2020, 09:59 AM IST

Union Budget 2020-21: Centre may announce major relief for MSME sector

The government is likely to announce a distressed asset fund of Rs 5,000 crore for micro, small and medium enterprises (MSMEs) facing liquidity crunch in the upcoming Budget 2020-21. 

Jan 15, 2020, 11:58 AM IST