Page 17 - Budget 2020

Budget at a glance: Here're the key numbers from Union Budget 2020

A snapshot of the key numbers released by Finance Minister Nirmala Sitharaman in Union Budget 2020

Budget 'balanced one', maintains fiscal prudence for medium-term: Bankers

Bank of India Managing Director A K Das said the budget is forward looking as it aims to revive demand and growth

LIC IPO, IDBI stake sale to lead govt's Rs 2.1-trn sell-off drive in FY21

Next year's target is the highest ever

Budget 2020: Allocation for MoHUA rises nearly 18% to Rs 50,000 cr

Another flagship programme, the Smart Cities Mission has been given Rs 6,450 crore as against Rs 3,450 crore.

Union Budget had nothing for Mumbai's overcrowded local trains: Activists

They pointed out that the Mumbai suburban network did not even get a mention in the Budget speech whereas there was an announcement about the Rs 18,600-crore Bengaluru suburban transport project

Budget 2020 ready reckoner: 10 questions you always wanted to ask

Income tax rates have been slashed, but can be availed only if the taxpayer lets go of most exemptions

Union Budget 2020: Govt allocates Rs 269 crore to Election Commission

The Law Ministry is the administrative ministry for the Election Commission

Budget 2020: Nirmala Sitharaman uses fiscal space to spur the economy

Widest deviation from fiscal deficit seen under Modi government

Govt bets on solar panels along rail tracks, barren land to raise capacity

India has set a target to raise renewable energy capacity to 175 gigawatts by 2022

CBDT will adopt 'taxpayer charter' to build trust, reduce harassment: FM

She said an important aspect of both ease of living and ease of doing business is fairness and efficiency of tax administration

Budget to help revive consumer sentiments, local manufacturing: Retailers

While, Spykar Lifestyles CEO Sanjay Vakharia said that there are no "feel-good measures" in the Budget

Budget: Govt proposes credit guarantee on debt in crisis-hit NBFCs, HFCs

The government has proposed to provide credit guarantee for the NBFC sector that has been facing liquidity crisis since the burst of the IL&FS scam nearly one-and-a-half years ago. Besides, the asset-wise eligibility criterion to be admitted under the debt recovery process has been reduced, according to Budget documents. To address the liquidity constraints of non-banking financial companies (NBFCs) and housing finance companies (HFCs), the government proposed to set up a partial credit guarantee scheme for the sector after the Union Budget 2019-20. "To further this support of providing liquidity, a mechanism would be devised. The government will offer support by guaranteeing securities so floated," the Budget documents said. Pawan Singh, managing director and CEO, PTC India Financial Services, said, "The announcement of the government's intent to guarantee securities floated to provide liquidity for NBFCs is expected to help in tiding over the current liquidity crunch." The ...

New I-T regime to curb investments, will impact market negatively: Experts

The Union Budget for 2020-21 has proposed new income tax slabs and reduced the tax rate for different slabs

Naveen Patnaik critiques Budget 2020, frets over shrinking central tax pool

Counting the positives, he welcomed initiatives such as Krishi Rail and Krishi Udan

'Ostrich like approach of govt', Bhupesh Baghel slams Union Budget

Money had failed to reach in the pockets of people and the Union Finance Minister (Nirmala Sitharaman) failed to take any initiative to address the issue, Baghel said

Farmer group to hold nationwide protest against 'pro-corporate' Budget

The AIKSCC, which is a nationwide platform of more than 200 farmer organisations across the country, said the budget 2020 offers no boost to the rural sector.

Burdened with AGR dues, telcos rue absence of relief measures in Budget

The telecom industry had been pinning its hopes on the Union Budget to offer some breather on licence fee and spectrum usage levies

Govt allocates Rs 69,000 cr for health sector, pegs Rs 6,400 cr for PMJAY

The Ministry of AYUSH has been allocated Rs 2,122.08 crore for the next fiscal

Tourism sector hails budget, says new measures reflect potential for growth

FCM Travel Solutions MD said the budget reflects a potential for growth in both domestic as well as inbound tourism

Budget 2020 dashes hopes of mining sector with no reforms or duty cuts

India's low grade bauxite have become unviable for the producers in international trade