Budget Briefs:Agriculture
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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Budget Briefs: Government to push ‘One Nation One Card’ to enable seamless mobility
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 …
Read MoreBudget Briefs:Government proposes creation of a social stock exchange
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 …
Read MoreBudget Briefs:Stand-Up India Scheme extended till 2025
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 …
Read MoreBudget Briefs: RBI can supersede NBFC board
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 …
Read MoreBudget Briefs:Taxation
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 …
Read MoreBudget Briefs: Growth capital for public sector banks
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 …
Read MoreBudget Briefs: A shot in the arm for struggling MSMEs
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. …
Read MoreBudget Briefs: Fiscal deficit target revised downwards to 3.3%
Finance Minister has announced the fiscal deficit target for 2019-20 at 3.3% of GDP from 3.4% set in the Interim Budget presented on February 1, 2019. Fiscal deficit is the …
Read MoreBudget Briefs:Policy Measures to promote Growth and Employment Generation in Indian Economy
The Tax Policy Measures in the direction of Growth and Employment generation are: Profit-linked deduction was introduced for start-ups. The scope of investment-linked deduction was broadened by including certain new …
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