Budget 2020

Budget 2024: Key highlights of last 5 Budgets under FM Nirmala Sitharaman

From crypto tax to the introduction of PM-Kisan scheme, here are the highlights of the last 5 Union Budget (2019-2023) announcements under first full-time woman Finance Minister Nirmala Sitharaman

Budget 2024: Highlights of education budget under Modi govt since 2014

The National Education Policy, introduced in 2020, states that 6% of the country's GDP should go towards education. Here is a look on how the country has fared in over a decade of education

At current prices, FY23 fertiliser subsidy sufficient for 6-7 mths: Experts

However, the govt may have to infuse more fertiliser subsidy if global gas prices rise.

HUL to Relaxo Footwears: Analysts upbeat on consumption-related stocks

Changes in the income-tax, likely good monsoon and the on-going above normal Rabi acreage along with higher MSPs are the key triggers analysts are betting on for the consumption revival

'Made in India' tablet replaces 'bahi-khata' as Budget 2021 goes digital

In a significant change amid digitalisation, Finance Minister Nirmala Sitharaman this year unveiled a 'Made in India' tablet replacing the traditional briefcase before presenting Budget 2021

People opting for lower tax regime not eligible for LTC stimulus: Govt

LTC incentive expanded to employees of the private sector, the public sector units and state governments.

PFRDA to engage consultancy for separating NPS Trust, structuring

In the Union Budget for 2019-20, the government had proposed to separate the NPS Trust from the pension regulator in order to address issues over conflict of interest

Govt presents first batch of supplementary demand for grants: An explainer

The demand is to spend an additional Rs 2.36 trillion in FY21

At Rs 8.21 trn, April-July fiscal deficit exceeds FY21 budget estimates

With GDP for April-June also in, it can be calculated that fiscal deficit for Q1FY21 was 17.4% of nominal GDP. FM Sitharaman had pegged fiscal deficit for the year at 3.5% of GDP in 2020-21 Budget

RBI transfers its surplus to the govt, but the deficit is just too wide

The amount may not be very significant in terms of supporting the govt finances as it would be around 0.25% of GDP against an expected fiscal deficit of close to 8% for 2020-21

Announced in Budget 2020, Kisan Rail to begin services from Friday

The train will reach Danapur at 6.45 pm on the next day, covering 1,519 km in 31.45 hours

Fair treatment of offences

Govt's move on decriminalisation is welcome

The problem of tax buoyancy

The Union government's tax buoyancy has never been very high

India's defence cost: High on personnel and low on modernisation

The most recent Indian budgetary figures put India's defence expenditure for FY20 at $59.7 bn which is less than SIPRI's estimates and actually puts India at 5th, behind both Russia and Saudi Arabia.

Govt increases portfolio of infra projects, raises spending to Rs 111 trn

The estimate has been made for the five-year period ending 2025

Old income tax regime or new? Work out the math before you make your choice

Compute your income-tax liability twice, under the old system and the new. Factor in likely events like job loss of pay cuts

10 ways to plan your finances right during the coronavirus crisis

Here's how to protect your finances during these difficult times and work on your short- and long-term financial goals efficiently

How to deduct TDS against salary under new rules from April? CBDT clarifies

The circular also addresses the confusion that there cannot be a change in option by the employee during the year, coming as a relief for employers

Little option for govt other than amending FRBM Act to widen fiscal deficit

It has already exhausted the escape clause, which allows for a maximum deviation of 0.5% from consolidation road map

Deep Dive with AKB - How Coronavirus may spoil Budget 2020 maths

In this episode of DeepDiveWithAKB, Business Standard Editorial Director A K Bhattacharya examines if the numbers assumed in Budget 2020 are still relevant