Page 11 - Budget 2020

Long-term growth narrative has been set by Sitharaman: BofA's Kaku Nakhate

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

Budget 2020: One-stop online portal for foreign investors coming soon

The window will map land banks, provide necessary clearances

Union Budget 2020: Corporate tax growth of 12% for FY21 'unrealistic'

India Inc tax collections to fall 8% in FY20

Budget 2020: Customs duty ambiguity on imported solar power equipment

Solar modules constitute 80% of the cost of a solar power project.

Budget 2020: Exemption on corporate tax to power NTPC, renewables

The renewable energy sector is elated that the benefit will come to them, given no future pipeline of any thermal power projects

Union Budget 2020: Protection, evasion prime concerns

To achieve higher export credit disbursement, a new scheme, NIRVIK, is being launched

A prudent Budget that is unlikely to revive faltering economic growth

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 poised to get a push: FAITH chairman Nakul Anand

Medical inbound tourism, already on the rise, will get a boost with addition of Tier-II and -III hospitals

Budget to bring back economic growth momentum, says Ficci president

The Budget offers huge relief to exporters with the introduction of a new scheme for reversion of duties and taxes on exported products

FM prepares ground for new electronics policy to boost local production

But Customs duty hike may lead to price rise in EVs, ACs, refrigerators & handsets

Budget: A few positive prescriptions for a slow cure, says JM Financial MD

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

Letter to BS: FM aimed to simplify tax rules, but achieved the opposite

With such a simplified tax, compliance and administration will become much easier.

Letter to BS: FM Sitharaman's projection for Budget 2020 'unrealistic'

The marginal increase in defence outlay is disappointing considering the need to maintain a lean and mean army in a state of perpetual readiness.

Letter to BS: Budget 2020 missed a golden opportunity to boost economy

It was widely expected that the Budget would be dynamic and lead to demand and investment revival

Budget 2020: Road to bourses for LIC is not going to be an easy one

Amendment to the Act, sovereign guarantees, investment portfolio, realty holdings, and governance issues to shape valuation

Blaming the Budget? Blame your beliefs

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?

Risks of revised estimates

How a potential fiscal deficit of 4.65% of GDP was brought down in the 2019-20 revised estimates

Crowding out and opening up

Tied spending, revenue crunch mean the finance minister did the best she could on financing the deficit

Disinvestment dynamics

Listing LIC will be a big challenge for the govt

Glide path for direct tax

Exemption-free option a good move, but clarity needed