Tax receipts are expected to fall by Rs 2.5 trillion which may also be caused by the corporation tax and GST rate cuts
The RBI was forecast to next cut rates by 25 basis points to 4.90% in the October-December quarter, according to the poll consensus
Budget should reverse two-year slide towards closed economy
From lessons the years of slowing growth hold for Budget to how a takeover code for unlisted companies will help, here's a selection of Business Standard Opinion.
There is fear that the RBI has no wiggle room for further rate cuts. Without rate support, yields will rise. This translates into a fall in prices for bonds
Markets to open for regular trading on February 1
Although residential sector continues to face head winds, there could be opportunities brewing in the distressed space
Disinvestment in blue chip Bharat Petroleum Corporation (BPCL) is in all surety not happening this year, as also Air India sale
As of now, the proposal on the table is to consider direct benefit transfer to farmers for food and fertilizer subsidies, sources said
Three years of slowing growth hold two important lessons for the Budget
In its outlook for FY21, it projected the deficit to be 3.4 per cent in the next year against 3 per cent given in the papers presented under the Fiscal Responsibility and Budget Management (FRBM)
We expect the Budget to contain some pro-market/economy measures, says Sanjay Mookim, India Equity Strategist at BofAML
Javadekar also slammed critics of the National Popular Register exercise, saying that it was done during the Congress-led govt as well
Given that there could be a tax revenue crunch next year, and the Centre is expected to maintain some fiscal discipline, the Modi govt may have to prioritise some sectors over others
The stock markets are generally closed on Saturdays and Sundays, except for special circumstances
The numbers become all the more important because actual tax collections fell short by Rs 1.91 trn compared to what was projected in 2018-19.
The commerce dept has reportedly suggested to the finance ministry that the upcoming Budget prohibit purchase of cigarette cartons at duty-free shops.
Need improvement in fishing gear, infra for deep sea fishing, collection, storage and traceability of harvest, and processing of aqua produce
The slump in consumption has hit the rural sector hard
A comparison of Modi govt's management of fiscal deficit with UPA-2