To reduce the crunch in working capital for MSMEs, the minister proposed to amend the Factoring Regulation Act, 2011
The significant tax alleviation measures and plan to boost agricultural sector and improve farmers' conditions should have a direct positive impact
A snapshot of the key numbers released by Finance Minister Nirmala Sitharaman in Union Budget 2020
Bank of India Managing Director A K Das said the budget is forward looking as it aims to revive demand and growth
Next year's target is the highest ever
Another flagship programme, the Smart Cities Mission has been given Rs 6,450 crore as against Rs 3,450 crore.
They pointed out that the Mumbai suburban network did not even get a mention in the Budget speech whereas there was an announcement about the Rs 18,600-crore Bengaluru suburban transport project
Income tax rates have been slashed, but can be availed only if the taxpayer lets go of most exemptions
The Law Ministry is the administrative ministry for the Election Commission
Widest deviation from fiscal deficit seen under Modi government
India has set a target to raise renewable energy capacity to 175 gigawatts by 2022
She said an important aspect of both ease of living and ease of doing business is fairness and efficiency of tax administration
While, Spykar Lifestyles CEO Sanjay Vakharia said that there are no "feel-good measures" in the Budget
The IL&FS crisis following debt defaults in 2018 had led to a contagion in the domestic NBFCs sector, followed by DHFL defaults.
The Union Budget for 2020-21 has proposed new income tax slabs and reduced the tax rate for different slabs
The proposed policy, once approved, will be applicable on all vehicles including two- and three-wheelers
Counting the positives, he welcomed initiatives such as Krishi Rail and Krishi Udan
Money had failed to reach in the pockets of people and the Union Finance Minister (Nirmala Sitharaman) failed to take any initiative to address the issue, Baghel said
The AIKSCC, which is a nationwide platform of more than 200 farmer organisations across the country, said the budget 2020 offers no boost to the rural sector.
The telecom industry had been pinning its hopes on the Union Budget to offer some breather on licence fee and spectrum usage levies