The industry however lauded the government's initiative to increase customs duty on imported electric vehicles
Here is the full text of the memorandum of the Finance Bill as tabled in Lok Sabha by Finance Minister Nirmala Sitharaman
FM added that in the past, the Modi-led government had taken several measures to reduce tax litigations
Whether the provisions of the Union Budget will succeed in reviving the much needed growth is not entirely clear.
Here is the detailed text of Finance Bill presented by FM Sitharaman
Budget for pollution abatement, which was cut by 50 per cent last year from 2018-19, remained unchanged at Rs 10 crore.
The projection of the number of beneficiary farmers has also been lowered to 14 crore from the earlier 14.5 crore
Terming it as "incremental budget", Dabur India CEO Mohit Malhotra said the government continues to focus on farmers' income and is offering significant sops at the lower end of the spectrum
Here is the full text of the Budget speech of FM Sitharaman in Lok Sabha
Paring its stake in the insurance giant will help the government meet its divestment target, which has been increased to Rs 2.1 trillion in financial year 2021
He noted that digital technologies are set to become the primary platform for economic activity and growth
The total outlay does not include Rs 1.33 lakh crore set aside separately for payment of pensions
In 2019-2020, the capital expenditure (RE) was Rs 1.56 trillion, which was 17.2 per cent more than the capex of 2018-2019
Of the total subsidy bill estimated for the next financial year, maximum fund allocation has been made for food, followed by fertiliser and fuel
The power sector is facing stress due to poor financial conditions of discoms in the country
Head (treasury) of Lakshmi Vilas Bank R K Gurumurthy said tinkering with the personal tax and some structural changes in the way DDT
Under the proposed scheme, a taxpayer would be required to pay only the amount of the disputed taxes and will get complete waiver of interest and penalty provided he pays by March 31, 2020.
As per the Budget document, an individual taxpayer opting for the new tax regime will not be entitled for deduction under 80C of the Income Tax.
FM Nirmala Sitharaman on Saturday unveiled the budget for fiscal 2020-21, vowing to boost income of Indians and their purchasing power, in a bid to revive domestic economic growth that has slumped
With emphasis on privatisation, productivity should improve in the long run.