General Budget 2020 21
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All Stories for General Budget 2020 21
Budget 2020: Industry’s demand on DDT concerns addressed; will experts' proposals help bring back investor's confidence?
Ankur Singla •For e-commerce operator, this means creating more robust technology platforms and enabling tax complaint back end infrastructure to capture data and ensure compliance.
Budget 2020: New tax structure gives option to save tax; people can stay in current regime or switch to proposed plan, says revenue secretary
•In the new regime, 5 percent tax is levied on an annual income between Rs 2.5 lakh and Rs 5 lakh. The tax rate rises to 10 percent, 15, percent, 20 percent and 25 percent for every Rs 2.5 lakh addition.
Limit on tax-free employer contribution to retirement funds to impact employee with salary above Rs 60 lakh: Official
•Under the existing provisions, the contribution by the employer to a recognised provident fund exceeding 12 per cent of salary is taxable.
How cultural-political vision of BJP, RSS for new India is coded in Nirmala Sitharaman's Budget speech
Abhijit Majumder •While the Opposition was trying to shout down such mentions, the government was using a financial jargon and technicality-packed Budget speech as a code for the cultural agenda of new India.
Budget 2020: Indirect tax proposals may take Make in India theme forward; customs electronic duty credit ledger a milestone
Suresh Nair •The GST rule is sought to be amended to trigger imposition of penalties against persons ‘causing and benefitting’ fraudulent input tax credit.
Budget 2020: A mixed bag for healthcare services, pharma sector; additional duties on medical devices to hike costs for consumers
Hitesh Sharma 2 •While one of the key focus areas for this Budget 2020-21 on socio-welfare front is to widen the reach of affordable healthcare services, it also lays emphasis on government policy of ‘Make in India’.
'Try your magical exercise routine': Rahul Gandhi takes dig at Narendra Modi over economy by tweeting old fitness challenge video
Fp Staff •Congress leader Rahul Gandhi on Sunday slammed Prime Minister Narendra Modi over the economic slowdown by tweeting a 2018 video in which he is seen performing different fitness exercises.
Day after Budget, Centre clarifies proposed tax on NRIs, says it will not hurt bonafide workers abroad
•The government on Sunday issued a clarification on the new definition of NRI mentioned in the Budget presented by Nirmala Sitharaman.
Budget 2020: From P Chidambaram to Sitaram Yechury, Opposition leaders slam Nirmala Sitharaman, say she served only 'platitudes and slogans'
Fp Staff •Soon after Finance Minister Nirmala Sitharam unveiled the Union Budget 2020-21, Opposition leaders tore into the Budget, claiming that if offered no concrete solutions to the challenges facing the economy
Budget 2020: It was govt’s desire to address every section that expected something, Nirmala Sitharaman tells Network18
Fp Staff •In an exclusive interview with Managing Director of Network18 Rahul Joshi, Finance Minister Nirmala Sitharaman talked at length about her budget announcements