Definitely a consumption Budget: Nirmala Sitharaman
Through an outreach programme after the Budget, finance minister Nirmala Sitharaman explains how her Budget proposals would aid economic growth while remaining fiscally prudent.
budget
February 2020
January 2020
October 2019
July 2019
Budget: Affordable homes, unaffordable exemptions
While the Budget brings relief to the affordable housing sector, the removal of exemptions under the new income tax regime comes as dampener for the real estate sector.
‘Budget 2020 will be very challenging’
Despite a lower tax mop-up and the shortfall in disinvestment target, government receipts are seen growing 6% in FY20, thanks to RBI’s large dividend. But FY21 would be different.
The Budget arithmetic
Why fiscal deficit as a percentage of the gross domestic product isn’t always a true reflection of the health of an economy.
‘Budget is likely to be overall positive for markets’
According to the international brokerage, the market is looking for some relief in personal income taxes and taxes for companies/investors.
Maruti Suzuki’s Q3 profit rises 5%
India’s largest carmaker posted a net profit of ₹1,565 crore and revenue of ₹20,707 crore in the December quarter.
The death of trust
India’s current slowdown is as much a result of the lack of trust between various stakeholders in society as the poor domestic and global economic conditions.
India’s largest midsize companies feted
Policy makers and industry leaders discuss trends that can get midsize companies to the next level.
‘June quarter revenue growth to be slowest in 2 years’
Corporate revenue growth seen around 5-6% in the first quarter of FY20 because of a broad-based slowdown in consumption.
Markets give a thumbs down to Budget
BSE Sensex slips over 450 points on lack of consumption push.
