A comparison between the shares of states, according to the 14th & 15th FC reports
Here are the key points
The finance minister has not given in to the pressures of delivering a please-all Budget, which I really like. She has taken strong decisions
If only it were this…
Is PPP the magic bullet for everything the government wants to do?
The 15th FC forecast nominal gross domestic product (GDP) growth for 2020-21 at 11%, but said the projection came with a "downward bias".
This is a rather high price to pay for the Indian passport as NRIs will now end up paying tax on income earned outside India and they never even set foot in India for the whole year
Repayment for past loans in the next financial year has been pegged at Rs 2.35 trillion
While the Budget estimate was at Rs 241.29 crore for 2019-20, in case of 2018-19 (actual) it was Rs 154.54 crore
To reward states for lower total fertility rate and better tax collection
Has Finance Minister Nirmala Sitharaman delivered a fiscally prudent and growth-oriented Budget 2020? Business Standard Chairman T N Ninan and Editorial Director A K Bhattacharya discuss
Customs duties and exemptions need to be streamlined
It really pleases no one. This Budget behaves as if the country is not facing an economic crisis. Instead, its as if its business as usual in the country
Although, a gross tax revenue expansion of 12 per cent seems reasonable in light of the 10 per cent growth expected in the nominal GDP in FY20-21, the revenue assumptions made for FY20 seem aggressive
The government has promised to raise Rs 120,000 crore via disinvestment, and an additional Rs 90,000 crore from sale of government equity in public-sector banks and financial institutions, in 2020-21
Centre's flagship scheme, KUSUM, which aims to provide solar-run irrigation pumps to farmers, has been allotted Rs 1,000 cr, or barely 0.01% of the total estimated outlay
On Dec 31, the govt had unveiled an NIP worth Rs 1.03 trillion, listing around 6,500 projects across sectors
Fertiliser subsidy down, food subsidy up
To reduce the crunch in working capital for MSMEs, the minister proposed to amend the Factoring Regulation Act, 2011
The significant tax alleviation measures and plan to boost agricultural sector and improve farmers' conditions should have a direct positive impact