Mon, Jan 31, 2022
The union budget 2022-23 is just round the corner. Let's hear what the experts of the healthcare industry have to say about it
Thu, Jan 27, 2022
People have high hopes pinned to this budget other than giving a boost to economic growth this budget might bring in great relief to taxpayers. For long there hasn't been any major announcement for taxpayers which directly benefits them by making such an announcement the government might woe the hearts of millions of taxpayers across the country. The IBA has demanded that 3 years FD should be made tax-exempt.
Mon, Jan 17, 2022
D-Link India Ltd rallied by about 60 per cent in the last 1 year compared to 25 per cent upside seen in the Nifty50 in the same period.
Sat, Feb 01, 2020
This important statement by FM Nirmala Sitharaman came after she introduced new slabs and reduced the tax rate for different slabs for an individual income of up to Rs 15 lakh per annum, if a taxpayer opts for foregoing exemptions and deductions.
DDT Budget 2020: According to tax and investment experts, the removal of DDT means transparency in dividends distribution.
"We had many expectations from the budget but there are no major announcements, however, small but conditional announcements have been made like personal tax rate will be brought down, if you give away the exemptions. So, the announcements will not help in reviving the economy. Even the stock markets have also gone down considerably", says Adi Godrej, chairman, Godrej Group.
Tabling Budget 2020, Finance Minister Nirmala Sitharaman proposed to bring a new and simplified personal income tax regime wherein income tax rates will be significantly reduced for the individual taxpayers who forgo certain deductions and exemptions.
Budget 2020: The smartphone industry has welcomed Finance Minister Nirmala Sitharaman's proposal for a new scheme for manufacturing cell phones, semi conductors and other electronic devices.
Finance Minister Nirmala Sitharaman today presented her second Budget in Parliament. In her speech, Sitharaman said announced a multi-billion dollar package of farm and infrastructure support for 2020/21.
Finance Minister Nirmala Sitharaman on Saturday presented the Union Budget 2020. As the Indian economy faces one of the worst slowdowns in the country, Sitharaman had her task cut out to announce measures that will spur growth.
Finance Minister Nirmala Sitharaman on Saturday while presenting the Union Budget 2020 allocates 100 lakh Crore rupees to build modern infrastructure. The government has decided to invest more than Rs 100 lakh crore on building modern infrastructure in the next 5 years with a special emphasis on connectivity.
The ministry launched Government e-Marketplace (GeM), an online platform for public procurement, in August 2016 with the objective of creating an open and transparent procurement platform for government departments.
To address liquidity constraints of NBFCs and housing finance corporations, partial credit guarantee scheme will be launched by the government, she added. Sitharaman said a scheme will be introduced to provide subordinate debt for entrepreneurs of MSMEs.
Balanced use of fertilizers: She said, there is a need to encourage a balanced use of fertilizers and this is a necessary step to change the prevailing incentive regime which promotes chemical fertilisers.
Budget 2020 Dearer and Cheaper: After the budgetary proposals announced by Finance Minister Nirmala Sitharaman, there is a list of items that may become dearer.
Budget 2020: Aadhaar-based verification "Will help in weeding out dummy or non-existent units. Dynamic QR code proposed for consumer invoices. GST parameters will be captured when payment for purchases is made through QR code," Finance Minister Nirmala Sitharaman said during her budget speech
Income Tax slabs 2020: The Modi government on Saturday introduced new slabs for taxpayers in India, while reducing the tax rate for different slabs for people with income up to Rs 15 lakh per annum, if they opt for foregoing exemptions and deductions.
Income tax slabs Budget 2020: In a big relief for income tax payers, Finance Minister Nirmala Sitharaman on Saturday introduced new slabs and reduced the tax rate! This applies to different slabs for an income of up to Rs 15 lakh per annum.
In order to boost the Study in India programme, the Finance Minister proposed "conducting IND-SAT exam to be held in African and Asian countries for benchmarking foreign candidates who wish to study in the India".
Finance Minister Nirmala Sitharaman has announced varuious measures in her 2020 budget speech in Lok Sabha. Following the announcements, BSE 30-share S&P Sensex has crashed 481 points lower at 40,242 and NSE 50-share index Nifty50 traded 150 points higher at 11,817
Budget 2020: Addressing the demand from experts and industry, finance minister Nirmala Sitharaman on Saturday abolished the Dividend Distribution Tax or DDT.
Budget 2020: The government on Saturday increased the limit of insurance cover in case of bank failure on deposits to Rs 5 lakh. The announcement was made by the finance minister in her Budget 2020 speech.
India should be a preferred destination for education - Study in India, the Finance Minister said while presenting the Budget 2020. National Police University, National Forensic Science University to be established.
Caption: Budget 2020: Finance Minister Nirmala Sitharaman presentation the Union Budget on Saturday
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