In the 2020-21 Union Budget, finance minister Nirmala Sitharaman proposed to expand the scheme to all districts, and offer 2,000 medicines and 300 surgicals by 2024
The Budget announced for farmers, comprising 16 action points, will definitely boost the agriculture sector
The government's decision of upholding power purchase agreements as well as the opening up of railways, city gas distribution, and electricity supply to the private sector, are welcome steps
The window will map land banks, provide necessary clearances
India Inc tax collections to fall 8% in FY20
Solar modules constitute 80% of the cost of a solar power project.
The renewable energy sector is elated that the benefit will come to them, given no future pipeline of any thermal power projects
To achieve higher export credit disbursement, a new scheme, NIRVIK, is being launched
Fiscal prudence has been given priority over fiscal stimulus which will contain the growth of debt liabilities, but it will not provide the strong public expenditure push required for reviving growth
Medical inbound tourism, already on the rise, will get a boost with addition of Tier-II and -III hospitals
The Budget offers huge relief to exporters with the introduction of a new scheme for reversion of duties and taxes on exported products
But Customs duty hike may lead to price rise in EVs, ACs, refrigerators & handsets
It is reassuring to see that the deficit target was kept within expected lines and 10 per cent growth in nominal gross domestic product is projected
Amendment to the Act, sovereign guarantees, investment portfolio, realty holdings, and governance issues to shape valuation
Budget was a disappointment for the market but why despite six previous flop shows, the business community had fervid belief that the seventh time would be any different?
How a potential fiscal deficit of 4.65% of GDP was brought down in the 2019-20 revised estimates
Tied spending, revenue crunch mean the finance minister did the best she could on financing the deficit
Listing LIC will be a big challenge for the govt
Exemption-free option a good move, but clarity needed
Tax changes on ISPRL will be effective April 1