Budget 2020

However, the govt may have to infuse more fertiliser subsidy if global gas prices rise.

Changes in the income-tax, likely good monsoon and the on-going above normal Rabi acreage along with higher MSPs are the key triggers analysts are betting on for the consumption revival

In a significant change amid digitalisation, Finance Minister Nirmala Sitharaman this year unveiled a 'Made in India' tablet replacing the traditional briefcase before presenting Budget 2021

LTC incentive expanded to employees of the private sector, the public sector units and state governments.

In the Union Budget for 2019-20, the government had proposed to separate the NPS Trust from the pension regulator in order to address issues over conflict of interest

The demand is to spend an additional Rs 2.36 trillion in FY21

With GDP for April-June also in, it can be calculated that fiscal deficit for Q1FY21 was 17.4% of nominal GDP. FM Sitharaman had pegged fiscal deficit for the year at 3.5% of GDP in 2020-21 Budget

The amount may not be very significant in terms of supporting the govt finances as it would be around 0.25% of GDP against an expected fiscal deficit of close to 8% for 2020-21

The train will reach Danapur at 6.45 pm on the next day, covering 1,519 km in 31.45 hours

Govt's move on decriminalisation is welcome

The Union government's tax buoyancy has never been very high

The most recent Indian budgetary figures put India's defence expenditure for FY20 at $59.7 bn which is less than SIPRI's estimates and actually puts India at 5th, behind both Russia and Saudi Arabia.

The estimate has been made for the five-year period ending 2025

Compute your income-tax liability twice, under the old system and the new. Factor in likely events like job loss of pay cuts

Here's how to protect your finances during these difficult times and work on your short- and long-term financial goals efficiently

The circular also addresses the confusion that there cannot be a change in option by the employee during the year, coming as a relief for employers

It has already exhausted the escape clause, which allows for a maximum deviation of 0.5% from consolidation road map

In this episode of DeepDiveWithAKB, Business Standard Editorial Director A K Bhattacharya examines if the numbers assumed in Budget 2020 are still relevant

A major alteration in the overall numbers of the Budget is almost inevitable because of the coronavirus pandemic.

Officials say off-budget borrowings will be reduced eventually, but not any time soon