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Budget 2020 India News

Shaktikanta Das

17 Feb 2020

RBI Guv: Budget 2020 has created eco-system to revive demand and consumption

Das said the RBI saw an imminent slowdown in growth early in 2019 and used the space that was opened up by the moderation in inflation to cut interest rates on five consecutive occasions.

01 Feb 2020

PM, Shah, Nadda call budget visionary; Opposition slams govt for 'all talk'

Prime Minister Narendra Modi praised the Budget for its "vision and action". Hailing the budget, the PM said it will accelerate economic growth, financially empower every citizen and strengthen the foundation of the economy in the new decade.

01 Feb 2020

Indian budget aid to neighbours around Rs 5,000 cr; Nepal sees cut

Bhutan continued to see maximum allocation in the Budget at Rs 2,884.65 crore with Afghanistan getting Rs 400 crore, Maldives and Myanmar getting Rs 300 crore each and Bangladesh and Sri Lanka getting Rs 200 crore each.

01 Feb 2020

Top news of the day, February 1, 2020

Finance Minister Nirmala Sitharaman on Saturday (February 1) proposed to simplify the Income-Tax law while presenting the Union Budget 2020-21 in Parliament to provide relief to individual taxpayers.

01 Feb 2020

Budget proposes to remove Dividend Distribution Tax

While presenting the Union Budget 2020-21 in Parliament on Saturday, the Union Finance Minister, Nirmala Sitharaman said, “The dividend shall be taxed only in the hands of the recipients at their applicable rates.”

01 Feb 2020

Vivad Se Vishwas scheme proposed to reduce litigations in direct taxes

Under the proposed ‘Vivad Se Vishwas’ scheme, the Finance Minister said that a taxpayer would be required to pay only the amount of the disputed taxes and will get a complete waiver of interest and penalty provided he pays by March 31, 2020.

01 Feb 2020

Sitharaman's Budget at a glance: Here's how Centre earns Re 1 and spends it

Union Finance Minister Nirmala Sitharaman on Saturday presented her second Union Budget that focussed towards boosting India's economic growth and maintaining the fiscal disciple. Sitharaman, 60, broke her own record of a 2-hour-17- minute-long maiden Budget speech in July 2019. This was the longest Budget speech by any finance minister.

01 Feb 2020

Sitharaman delivers Thiruvalluvar's verse as '5 jewels of good country'

The finance minister has taken three themes for the Union Budget 2020 - aspirational India, economic development and caring society.

01 Feb 2020

Nirmala Sitharaman recites Kashmiri poem while presenting Budget 2020

The Union Minister, while reciting the poem in the Lok Sabha, stated that the Budget and everything the government does is for this 'pyara vatan' (beloved nation).

01 Feb 2020

Budget 2020 live: IPO for LIC will increase transparency, says Piyush Goyal

Finance Minister Nirmala Sitharaman started her Budget 2020 speech in the Lok Sabha at 11 am on Saturday (February 1).

01 Feb 2020

GST collection crosses Rs 1.1 lakh cr in January

Domestic GST collection during the month so far is around Rs 86,453 crore while Rs 23,597 crore has been collected through IGST and cess collection.

01 Feb 2020

Indian economy experienced abrupt slowdown in 2019, but it's not in a recessio

Kristalina Georgieva said India had undertaken some important reforms that over the longer term would be beneficial for the country, but they do have some short-term impact.

31 Jan 2020

Union Budget 2020: Full schedule of FM Nirmala Sitharaman on Saturday

Union Finance Minister Nirmala Sitharaman will present the Union Budget 2020 on Saturday, her second as the country's finance minister. Businesses and trade pundits are waiting with a bated breath, expecting her to bail out the economy of the ongoing slump.

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