Page 29 - Union Budget

Budget 2020: Govt may increase spending on infra, offer tax incentives

In annual economic report, the government predicted that economic growth would pick up to 6.0% to 6.5% in the fiscal year beginning April 1

FM Nirmala Sitharaman to present Budget 2020 in Parliament today

The Budget speech will begin at around 11 am today with Sitharaman beginning it with an address to the speaker of Lok Sabha

Briefcase or bahi-khata: What will FM carry for Budget 2020 presentation?

On the day of 2019 Union Budget presentation, Sitharaman broke away from long-standing traditions of colonial-era when she ditched the briefcase and opted for traditional bahi khata

Budget 2020: What does the Finance Minister have in store for the farmers?

Business Standard's Farm Editor, Sanjeeb Mukherjee joins this podcast to talk about Budget 2020 and India's agriculture sector

Budget 2020: What does the FM have in store for the infrastructure sector?

In this podcast, Business Standard's Infrastructure Editor, Jyoti Mukul talks about the challenges of the infrastructure sector and its expectations from Budget 2020

Budget 2020: Demand can be revived with more money in taxpayer's hands

Business Standard speaks to Tarun Birani, a Sebi-registered Investment Advisor, a Certified Financial Planner and Founder-Director of TBNG Capital Advisors

From tax rate cuts to job creation, India Inc sees a populist Budget

Tax rate cuts, job creation measures expected: BS POLL

Budget 2020: NBFCs seek setting up of permanent refinance window for sector

Non-banking finance companies (NBFCs) have sought setting up of a permanent refinance window for the sector in the Union Budget, which they say will help them diversify their funding sources. The shadow banking players have also asked for allowing NBFCs with strong support from their parents to access public deposits. Finance Minister Nirmala Sitharaman is scheduled to present the Budget for financial year 2020-21 on February 1. Banks have been reluctant to lend to the NBFC sector after a series of default by Infrastructure Leasing and Financial Services (IL&FS) in September 2018. This risk averse approach of banks created a liquidity crunch for the entire NBFC sector which in turn had a multiplier effect on the important sector like automobiles, micro, small and medium enterprises (MSMEs) and consumer goods. "The need of the hour is to develop funding sources for NBFCs outside the banking system. A dedicated refinance window for NBFCs, has been a long-standing demand of the NBFC

What Budget 2020 may hold for citizens and the stock markets: Expert's take

Business Standard speaks to Chartered Accountant Ashok Shah of N A Shah Associates LLP, on what makes this budget different from previous ones, and what the FM should do to fix the economy

Trends in the new year

Just about a month old and 2020 is turning out to be an interesting, even momentous, year for businesses in India

Budgetary over-reach: There is a price for trying to do too much in Budgets

The larger economy suffers more than the central govt, as New Delhi is allowed to get away with behaving arbitrarily and then hiding the reality behind bogus numbers, writes T N Ninan

Investment-driven growth model must have aggressive export strategy: Survey

The onus of rescuing economic growth has been placed squarely on exports, since the share of consumption in gross domestic product (GDP) remains constrained

Govt seeks Rs 10,000-cr interim dividend from RBI to fix fiscal gap

This is 3rd consecutive year when the Centre has made the demand

Budget 2020 expectations: What FM Sitharaman can announce on February 1

Share buybacks losing lustre as 20% tax bites; firms await relief in Budget

Experts blame the change in tax dynamics for the sharp drop in buybacks

Domestic copper producers seek 2.5% duty waiver on concentrate imports

Imports of copper concentrates by domestic manufacturers is inevitable due to lack of ample and quality deposits within the country

Budget 2020: Govt unlikely to announce capital infusion for PSU banks

Besides, sources said, banks may also look for divesting or selling their non-core business as part of fund raising exercise during 2020-21

CCPA recommends Budget Session from Jan 31; Union Budget on Feb 1

They said the first phase of the session will be from January 31 to February 11 and the second will be from March 2 to April 3

Fiscal deficit at 3%: A sensible target despite questions about its origin

The number wasn't imported from the Maastricht Treaty, but is a synthesis of the experiences of various countries within and outside the accord

Govt, Sebi spar over transfer of surplus funds as Budget 2020 nears

In 2009, FinMin proposed to move regulators' reserves into public account. These accounts were finally opened in 2013-14. However, no funds have been deposited in it so far