The options being considered by the Finance Ministry include acting on suggestions of task force on direct tax simplification
Budget session 2020 LIVE updates: The Economic Survey is a detailed report card on the economic performance in the year
The Budget speech will begin at around 11 am today with Sitharaman beginning it with an address to the speaker of Lok Sabha
Attaining a GDP growth rate of 6 to 6.5 per cent in 2020-21 as projected by the Economic Survey will be challenging, say experts
The Survey forecasts 2020-21 real GDP to grow at 6-6.5%
To cushion the impact on collections, these tweaks might be accompanied by rationalisation in tax rebates
He said loans up to Rs 1 trillion are required to be restructured in view of liquidity crunch faced by builders
With economic slowdown resulting in slippages in direct and indirect tax collections, the Survey said the next financial year is expected to pose challenges on the fiscal front
For the current fiscal, it projected a GDP growth of 5 per cent, the lowest in 11 years, and worsening job prospects
The Economic Survey on Friday unveiled an early-warning system, 'Health Score', that could read signs of impending rollover risk problems in the non-banking finance sector. The IL&FS crisis following debt defaults in 2018 had led to a contagion in the domestic non-banking financial company (NBFCs) sector. The 'Health Score', developed for NBFC and housing finance company (HFCs) sectors, can help detect early-warning signals of impending liquidity problems facing the companies in the sectors. The Survey, presented in Parliament by Finance Minister Nirmala Sitharaman on Friday, said the Health Score could be used to provide early warning signals of impending rollover risk problems in the NBFC sector and help set prudential threshold of permitted funding to the sector. A sudden payment default without any prior warning by Infrastructure Leasing and Financial Services (IL&FS) in August 2018 had triggered panic and caused liquidity crisis in the NBFC sector. Quoting the recent ...
The production of major minerals during 2018-19 has recorded a growth of 25 per cent over previous year in terms of value, it said
Archis Mohan, Political Editor, Business Standard joins the podcast to answer questions about politics and Budget 2020
The Survey, a detailed report card on the economic performance in the year, comes amid concerns over a deepening slowdown
The government is looking to appoint up to three merchant bankers for managing the offer for sale (OFS) and has invited bids for the same by February 21
The projection of the number of beneficiary farmers has also been pegged lower at 14 crore from the earlier 14.5 crore
Sitharaman outlined $1.5 trillion in infrastructure investment last month, of which federal and state govts will contribute at least 75%
The Union Budget gives the account of the government's finances for the fiscal year that runs from April 1 to March 31
Agarwal said there was a need to reduce the cost of financial transactions in the country.
Business Standard speaks to Tarun Birani, a Sebi-registered Investment Advisor, a Certified Financial Planner and Founder-Director of TBNG Capital Advisors
The former Congress president's attack on the government comes just days ahead of the budget.