Articles for Budget 2020

Haryana Education Budget 2020: CM introduces board exam for class 8, increase scholarships
4 years, 10 months ago

Haryana Education Budget 2020: CM introduces board exam for class 8, increase scholarships

India Today  

Haryana Chief Minister, Manohar Lal Khatter announced the budget for the state on February 28, 2020, with a special focus on health, agriculture and education. The total outlay for education and sports is 19,343 crore and 6,533 crore outlay for health and medical education out of a total budget of 1.42 lakh crore The state minister also announced that starting …

Students Board Haryana Class Education Budget Education Budget 2020 Haryana Education Budget
Income tax deduction on EPF contribution: Old tax rate vs new tax rate
4 years, 10 months ago

Income tax deduction on EPF contribution: Old tax rate vs new tax rate

Live Mint  

The employer, typically, deducts 12% of your basic salary and dearness allowance towards EPF or employees' provident fund contribution and contributes an equal amount. If you are opting for the new income tax rates as announced by the Finance Minister Nirmala Sitharaman in Budget 2020, you have to forego some deductions, including the popular Section 80C. In the new income …

Tax Income Tax Income Rate Lakh Epf Contribution Budget 2020
Kerala Budget 2020 | Mahatma Gandhi assassination painting becomes face of Kerala Budget 2020
4 years, 11 months ago

Kerala Budget 2020 | Mahatma Gandhi assassination painting becomes face of Kerala Budget 2020

The Hindu  

For a document filled with cold numbers, the Kerala Budget 2020-2021 presented by Finance Minister T.M. Right on the front cover was Tom Vattakuzhy’s painting ‘Death of Gandhi’, portraying Gandhi felled by Nathuram Godse’s bullets, flanked by his followers expressing myriad shades of grief and disbelief. The cover page of the Gender Budget Overview Report was a painting by Anujath, …

India Kerala Budget Gandhi Nation Isaac Caa
Budget 2020: Industry hails Nirmala Sithraman's fiscal roadmap; lauds schemes on job generation
4 years, 11 months ago

Budget 2020: Industry hails Nirmala Sithraman's fiscal roadmap; lauds schemes on job generation

Firstpost  

India Inc termed the Budget as “growth provoking and welfare inducing” but said that urgent implementation of the measures proposed will be crucial for achieving desired outcomes, while acknowledging that Finance Minister Nirmala Sitharaman had “little room” to manoeuvre. Gabriel Dalporto, CEO, Udacity The government’s focus towards promoting online education opportunities and emerging technologies like analytics, machine learning, AI, bioinformatics …

Finance India Job China Machine Learning Infrastructure Development
Budget 2020: No boosters in Nirmala Sitharaman's tightrope walk
4 years, 11 months ago

Budget 2020: No boosters in Nirmala Sitharaman's tightrope walk

India Today  

Finance Minister Nirmala Sitharaman's first full budget was expected to prescribe a short-term growth injection to revive demand. Furthermore, no direct measures were announced to boost key sectors like real estate and manufacturing, despite easing fiscal deficit target to spend approximately Rs 15 billion more. Reduction of budget allocation for flagship MGNREGA by 13 per cent or Rs 9,500 crore …

India Real Estate Growth Tax Budget Income Crore
NRI Tax : Finance Ministry Issues Clarifications On Proposals In Budget 2020
4 years, 11 months ago

NRI Tax : Finance Ministry Issues Clarifications On Proposals In Budget 2020

Live Law  

In view of the confusion and controversy over the proposals in the Union Budget regarding levy of tax on Non-Resident Indians, the Ministry of Finance on Sunday evening issued a clarification.The Finance Bill 2020 proposed to amend Section 6 of the Income Tax Act 1961 to reduce the period of stay in India as 120 days from 182 days for …

India Tax Indian Ministry Indians Bill Nri
Budget 2020 | Rail, flight services to transport farm produce
4 years, 11 months ago

Budget 2020 | Rail, flight services to transport farm produce

The Hindu  

The Centre has raised the target for agricultural credit by 11% to ₹15 lakh crore in 2020-21 and proposed to begin special rail and flight services to transport farm produce as part of a 16-point action plan for the agriculture sector announced in the Union Budget on Saturday. However, some farmers’ groups said the Budget’s allocation of ₹1.6 lakh crore …

Finance Crore Scheme Farm Budget 2020
Budget 2020 | Steep hike in Customs Duty to keep China toys out of reach
4 years, 11 months ago

Budget 2020 | Steep hike in Customs Duty to keep China toys out of reach

The Hindu  

Customs Duty on a range of articles like household goods, electrical appliances, auto parts, footwear, furniture and some mobiles phone parts has been raised in the Union Budget. S. Jaikumar, country head, Swamy Associates said, “Raising Customs Duty is aimed at helping MSMEs in the country as dumping from China has been hurting them. This will boost domestic industry, local …

China Customs Duty Fta Customs Duty Budget 2020
Budget 2020 | Government bites the fiscal deficit bullet
4 years, 11 months ago

Budget 2020 | Government bites the fiscal deficit bullet

The Hindu  

The government has decided to bite the fiscal deficit bullet in the wake of lower tax collections, amid a slowing economy, by allowing fiscal deficit to go up to 3.8% of the GDP for the current financial year, compared with 3.3% projected in the previous year’s Budget. Finance Minister Nirmala Sitharaman cited Section 4 of the Fiscal Responsibility and Budget …

Deficit Fiscal Deficit Budget 2020 Term Fiscal
Budget 2020: Allocation up for highways ministry
4 years, 11 months ago

Budget 2020: Allocation up for highways ministry

The Hindu  

The Ministry of Road Transport and Highways saw an increase of 10% in its budgetary allocation, but a large chunk of it is through monetisation of national highways by the NHAI. The total budget allocation has gone up from ₹83,015 crore last fiscal to ₹91,823.2 crore for financial year 2020-2021. This will include development of 2,500 km of access control …

Crore Highways Allocation Budget 2020
Budget 2020: Powering India with a ₹22,000-crore push
4 years, 11 months ago

Budget 2020: Powering India with a ₹22,000-crore push

The Hindu  

The Union Budget has allocated ₹22,000 crore to the power and renewable energy sector in 2020-21 with an aim to improve the financial health of power distribution firms and boost the use of solar power. Building of solar power capacity along railway tracks in railway-owned land, as well as the support to farmers to set up solar power facilities connected …

India Power Budget 2020
Budget 2020 ensures more than 6.5 percent GDP Growth: IIF Prof Aman Agarwal
4 years, 11 months ago

Budget 2020 ensures more than 6.5 percent GDP Growth: IIF Prof Aman Agarwal

India TV News  

The Budget 2020 is a developmental growth-oriented Budget ensuring more than 6.5% GDP Growth with Fiscal Deficit of less than 3.5% in FY 2020-21 to pave way for 5 trillion dollar economy by 2024 says IIF Prof. Aman Agarwal. FM has provisioned adequately to handle distress for the deprived and the most disadvantaged, provide way for millions in India to …

India Budget Bharat Gdp Growth Iif Budget 2020
Budget 2020 | Government has given up reviving economy or accelerating growth rate, says Chidambaram
4 years, 11 months ago

Budget 2020 | Government has given up reviving economy or accelerating growth rate, says Chidambaram

The Hindu  

Reacting to the Union Budget, Former Union Finance Minister P. Chidambaram said the government had given up on reviving the economy or accelerating the growth rate, and former Congress president Rahul Gandhi stated that there was no strategic idea or anything concrete in the Budget to counter the growing unemployment rate. At a press conference at the Congress headquarters, Mr. …

Growth Tax Gandhi Rate Sitharaman Idea Chidambaram
Budget 2020: Rs. 4,71,378 crores allocated for Defence Expenditure, a marked 9% increase from last year
4 years, 11 months ago

Budget 2020: Rs. 4,71,378 crores allocated for Defence Expenditure, a marked 9% increase from last year

Op India  

Union Minister Nirmala Sitharaman presented her second budget on Saturday. 1.33 lakh crore in Budget 2020 from the Rs. Budget 2020: The defence pension budget goes up to Rs 1.33 lakh crore from Rs 1.17 lakh crore allocated last year. https://t.co/fGPh1nLm0G — ANI February 1, 2020 Last year, during the interim budget, Piyush Goal had announced that the government has …

Defence Budget Crore Last Year Budget 2020 2020 Rs
Budget 2020: Income tax slabs lowered for those who forgo exemptions
4 years, 11 months ago

Budget 2020: Income tax slabs lowered for those who forgo exemptions

The Hindu  

In a proposal to simplify the personal income tax regime, Finance Minister Nirmala Sitharaman, in the Union Budget 2020 speech, said the income tax rates would be “significantly reduced” for those who forgo reliefs and exemptions and the new rates would be optional. Accordingly, a person earning Rs 15 lakh per anum and not availing any deductions will pay ₹1.95 …

Tax Income Lakh Budget 2020
Budget 2020 | Key announcements on jobs, internships, and education
4 years, 11 months ago

Budget 2020 | Key announcements on jobs, internships, and education

The Hindu  

Union Finance Minister Nirmala Sitharaman in her Budget speech for 2020 has proposed Foreign Direct Investment and External Commercial Borrowings in education. In order to provide quality education to students of deprived sections, it is proposed to start a degree level full-fledged online education programme. For this purpose, the education sector has been allocated ₹99,300 crore and the Skill Development …

Education Budget 2020
Budget 2020 reactions | Kerala CM slams Budget
4 years, 11 months ago

Budget 2020 reactions | Kerala CM slams Budget

The Hindu  

Union Finance Minister Nirmala Sitharaman presented the Union Budget 2020-21 in the Parliament on Saturday. - PTI Goa CM terms Budget 'common man-centric' Goa Chief Minister Pramod Sawant welcomed the Union Budget 2020-21, terming it as “common man-centric”, while the opposition Congress slammed it saying that Finance Minister Nirmala Sitharaman was completely silent on the issue of unemployment. “I congratulate …

Finance India Economy Kerala Delhi Tax Budget
Budget 2020: Nirmala Sitharaman’s sweeping proposals for rural development, health and education
4 years, 11 months ago

Budget 2020: Nirmala Sitharaman’s sweeping proposals for rural development, health and education

The Hindu  

The three prominent themes in Union Finance Minister Nirmala Sitharaman’s second Budget — Union Budget 2020 — are aspirational India, economic development for all and a caring society that is both humane and compassionate. Under aspirational India, the Finance Minister focussed on rural development; wellness, water, sanitation and education and skills. About ₹2.83 lakh crore has been allocated ₹1.2 lakh …

Finance Development Water Rural Development Mission Crore Budget 2020
Union Budget 2020: Sitharaman's 16-point formula to double farmers' income, revive agriculture
4 years, 11 months ago

Union Budget 2020: Sitharaman's 16-point formula to double farmers' income, revive agriculture

India Today  

Agriculture has been under stress for years despite the successive governments committing to revive the sector that supports the livelihood of a major chunk of India's population. With hopes of addressing the shortcomings of the past, Union Finance Minister Nirmala Sitharaman proposed a 16-point formula in Union Budget 2020 to revive agriculture and link it with allied sector better than …

Agriculture Budget Farmers Solar Sitharaman Set Union Budget 2020
Budget 2020: What's in store and what are the challenges
4 years, 11 months ago

Budget 2020: What's in store and what are the challenges

India TV News  

Budget 2020: Finance Minister Nirmala Sitharaman has quite a task ahead of her as she prepares to present Union Budget 2020 in the Lok Sabha on Saturday. Here's what to expect from Budget 2020 in some key areas: Personal Income Tax Slab: Image Source : FILE Personal tax slabs This is something that directly affects everyone's pocket. Here are the …

Finance Real Estate Defence Tax Budget Indian Income
Union Budget 2020: Here's what education sector is expecting from Budget
4 years, 11 months ago

Union Budget 2020: Here's what education sector is expecting from Budget

India TV News  

Union Budget 2020 Expectation: All eyes are on the government right now as Finance Minister Nirmala Sitharaman is all set to present the Union Budget 2020 in Lok Sabha on February 1. Beginning with the union budget of 2019, Finance Minister Nirmala Sitharaman allocated the education fund of Rs 94,800 crore focusing on improvising schools and higher education programmes. Union …

Education Finance India Higher Education Union Sector Higher
Union Budget 2020: What to expect for education sector
4 years, 11 months ago

Union Budget 2020: What to expect for education sector

India Today  

Finance Minister of India, Nirmala Sitharaman will be presenting the Union Budget 2020 in parliament on February 1, 2020. A glance at 2019 Budget In the union budget of 2019, Finance Minister, Nirmala Sitharaman allocated Rs 94,800 crore towards the education fund- focusing on improvising schools and higher education programmes. The higher education budget allocated for distinguished institutions including the …

Education India Higher Education Tax Budget Loan Sector
Budget 2020: Govt must give priority to agriculture, empower farm sector to revive economy; don't hand out doles and sops
4 years, 11 months ago

Budget 2020: Govt must give priority to agriculture, empower farm sector to revive economy; don't hand out doles and sops

Firstpost  

In Budget 2020, it is fervently hoped that the government will focus on genuinely empowering the farm sector. For instance, while the average farmer gets only Rs 711 a month from livestock rearing, farmers in Gujarat and Tamil Nadu and other progressive states get around Rs 100 per milch cattle per day for 300 days a year. Except in the …

India Industry Budget Farmers States Gujarat Meat
Budget 2020: ZEE5 Set to bring the Best Insights to You. Tune In For Live Updates and Deep Dives
4 years, 11 months ago

Budget 2020: ZEE5 Set to bring the Best Insights to You. Tune In For Live Updates and Deep Dives

Firstpost  

The upcoming budget on February 1, 2020 is one of the most important Union Budgets in the history of India, almost on the same scale as the one in 1991. ZEE5 partners with Zee Business to break down Budget 2020 with a future-forward approach for the man on the street. The build up to the budget will see top corporates, …

Finance India Budget Man Zee Zee5 Budget 2020