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Month: July 2019

Economy

Budget Briefs: Foreign Direct Investment (FDI)

July 6, 2019 - by Abdul

The Finance Minister has said that Foreign Direct Investment(FDI) inflows into India have remained robust despite global headwinds. She stated that according to UNCTAD’s World Investment Report 2019.  India’s FDI …

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Economy

Budget Briefs:Agriculture

July 6, 2019July 6, 2019 - by Abdul

Finance Minister has said that the government will invest widely in agriculture infrastructure and support private entrepreneurship for value addition in farm sector. The government has also proposed a Pradhan …

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Economy

Budget Briefs: Government to push ‘One Nation One Card’ to enable seamless mobility

July 6, 2019 - by Abdul

In the Budget speech,the finance minister has hailed the benefits that were provided by National Common Mobility Card(NCMC). National Common Mobility Card (NCMC) also known as One Nation One Card …

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Economy

Budget Briefs:Government proposes creation of a social stock exchange

July 6, 2019 - by Abdul

Finance Minister has announced the setting up of a Social Stock Exchange(SSE) under the Securities and Exchange Board of India(SEBI) for listing of organisations which work for social welfare. The …

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Economy

Budget Briefs:Stand-Up India Scheme extended till 2025

July 6, 2019July 6, 2019 - by Abdul

Union Minister has said that the Stand Up India Scheme has been extended up to the year 2025. Stand-Up India Scheme Facilitates bank loans between  10 lakh and 1 Crore …

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National

Budget Briefs:Education

July 6, 2019July 8, 2019 - by Abdul

Finance minister has announced that an amount of Rs. 400 crore has been provided for FY 2019-20 to create “World Class Institutions” in the field of education. She said that …

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Economy

Budget Briefs: RBI can supersede NBFC board

July 6, 2019July 6, 2019 - by Abdul

The government has decided to strengthen regulatory authority of Reserve Bank of India (RBI) over non-banking financial companies (NBFCs). Finance Minister has said that the RBI will now be the …

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Economy

Budget Briefs:Taxation

July 6, 2019July 6, 2019 - by Abdul

Corporate Tax: The lower rate of 25 % Corporate Tax will be extended to all companies with annual turnover up to Rs. 400 crore.Currently,this rate is only applicable to companies …

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Economy

Budget Briefs: Growth capital for public sector banks

July 6, 2019July 6, 2019 - by Abdul

Finance Minister in the Budget 2019 speech has announced that the public sector banks(PSBs) will be provided with a capital infusion of Rs 70,000 crore. This bank recapitalisation is aimed …

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Economy

Budget Briefs: A shot in the arm for struggling MSMEs

July 6, 2019 - by Abdul

Presenting the Budget 2019-20,the finance minister has unveiled a slew of initiatives and new provisions to tackle issues related to the Micro, Small and Medium Enterprises(MSME) sector in the country. …

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