Page 3 - Budget 2020

Why there may be few takers for the Budget's tax amnesty scheme

Appellants may not lap up the scheme because, first, to do so would amount to admission of guilt, and second, they may have smelled victory before higher appellate forums

Objective of kick-starting growth not addressed effectively in Budget: Garg

"All these expenditures are unlikely to be imparting any fresh growth stimulus to the Indian economy," he argued

NRIs to gain more than resident Indians from govt's move to remove DDT

High-income resident Indians will end up with a higher tax outgo

Nearly half the economy is not running: P Chidambaram

"How long can you blame the previous managers?" asked Chidambaram in his speech

Budget proposals won't have much inflationary impact, says RBI Governor Das

Retail inflation based on consumer price index (CPI) soared to a near six-year high of 7.59% in January

Open to tweaking Budget to address concerns of the industry, says FM

Finance ministry to come out with detailed rules on Vivad Se Vishwas Bill in a couple of days

Govt willing to do more beyond Budget to boost growth: FM Sitharaman

The country's GDP growth is estimated to slow to an 11-year low of 5 per cent in the current financial year

Budget impact: Shares with DVRs underperform after DDT removal

The median loss for such securities after the Budget is 4.5 per cent, compared to a 2.1 per cent gain in the benchmark S&P BSE Sensex

Missing fiscal deficit target is in Budget DNA

The government of the day won't be able to resist the temptation to err on the side of expansion and leave it to its successors to pay for its excesses

Letter to BS: Tax on remittances is absurd as the source is already taxed

On the one hand, the government wants to simplify tax rules, while on the other, it has introduced a measure that will complicate it

The determinants of household savings in India

While the proposed changes in tax laws are applauded it is not clear how household savings will move in India in the future

Limit on employer's contribution to retirement plan: All questions answered

Contributions to NPS may need to be scaled down

Social Sector Budget: Allocations increased but rural development left out

The sector saw its 2020-21 net allocation cut by more than Rs 2,500 cr compared to the revised estimates of 2019-20

As the govt's debt rises, will it need another fiscal escape clause soon?

Understanding the circumstances under which the finance minister chose to use the escape clause under the FRBM Act will be a useful exercise

Economy showing signs of revival, green shoots visible: FM Sitharaman

She said FDI stood at $24.4 billion at the end of November 2019, as against $21.1 billion the year before

Budget proposal on remittances abroad triggers fears of double taxation

5% to be paid on already taxed income

Some thoughts on the Budget

The four key features of the Budget: Context, transparency, expansionary and protectionist

ITC is first to hike cigarette prices post budget; makes them 10-20% dearer

Price increase brought on by spike in National Calamity Contingency Duty announced in Budget

FM hits out at Chidambaram, says nothing to learn from those who gave NPAs

She said defence of India was paralysed and did not have equipment under the UPA

Budget proposals on DDT, personal tax not to impact MF industry: Templeton

After the Union Budget was presented on February 1, there had been some apprehensions on the growth of MF sector in the coming days