Here's what tax experts expect from Centre in Budget 2020
News | January 31, 2020 20:25 ISTDhruva Advisors CEO and international tax expert Dinesh Kanabar explained that what he is expecting from the upcoming union budget.
Dhruva Advisors CEO and international tax expert Dinesh Kanabar explained that what he is expecting from the upcoming union budget.
Live Streaming, Budget 2020: Finance Minister Nirmala Sitharaman is presenting Budget 2020 in Parliament. To watch Live Streaming of Budget 2020, Budget 2020 Live Coverage, Budget 2020 Live Telecast, Nirmala Sitharaman's Budget Speech - tune into India TV. India TV has the most articulate analysis of Budget 2020. You can also get Live Updates of Budget 2020 on Twitter and Facebook.
The Economic Survey 2020: India ranks third in number of new firms created, said Finance Minister Nirmala Sitharaman while referencing World Bank data on entrepreneurship, who presented the Economic Survey 2019-20 in the Parliament today.
Union Budget 2020 is being billed as one of the toughest in decades for a finance minister. Nirmala Sitharaman has a mountain to climb with different wheels of economy signalling stress. Common man is looking forward to the budget speech with hopes like more job creation, adjustments in personal income tax slabs and bringing the different sectors back on growth path.
In India, the government has historically relied on price controls to regulate the prices of pharmaceutical drugs through the National Pharmaceutical Pricing Authority (NPPA) and Drug (Prices Control) Order, said the Survey.
According to the National Restaurants Association of India (NRAI), a total of 36 approvals are required to open a restaurant in Bengaluru, 26 in Delhi and 22 in Mumbai.
The Indian stock market continues to be upbeat about the country's growth prospects, despite deceleration in GDP growth for the sixth consecutive quarter, the Economic Survey 2019-2020 said, adding that the BSE Sensex has increased 7 per cent till December 2019 over March.
Around 2.62 crore new jobs were created in rural and urban areas between 2011-12 and 2017-18 among regular wage and salaried employees, says the Economic Survey 2019-20, which was laid in Parliament on Friday.
To prevent 'lack of infrastructure' becoming a 'binding constraint' on the growth of Indian economy that aspires to become a USD 5 trillion by 2024-25, the country needs to spend about USD 1.4 trillion on infrastructure, the Economic Survey said on Friday.
Consumer price inflation has been witnessing moderation since 2014, however, there has been an "uptick" in the prices of food items, particularly vegetables, owing to output disruptions and low base effect, the Economic Survey said on Friday.
The Economic Survey 2019-20 was presented in Parliament today by the Union Minister for Finance and Corporate Affairs Nirmala Sitharaman. The conclusion has been drawn on the basis of “Thalinomics: the Economics of a plate of food in India” – an attempt to quantify what a common person pays for a Thali across India.
The Economic Survey 2019-2020 has pointed out high drop out rates at various levels of schooling and lack of affordability in higher education as areas of concern.
Investment in infrastructure is necessary for the economy, as power shortages, inadequate transport and poor connectivity affects overall growth performance, as per the Economic Survey 2019-20, tabled in Parliament by Union Finance and Corporate Affairs Minister Nirmala Sitharaman.
Effective revenue deficit as per IIF Professor Yamini Agarwal's calculations is expected to be 1.5%. Fiscal deficit according to her is expected to be Rs. 7,84,800 crores which is 3.34%.
Dedicating a full chapter on "Through 'Thalinomics -- The Economics of a Plate of Food in India", the survey tabled in Parliament by Finance Minister Nirmala Sitharaman analysed data from the Consumer Price Index for industrial workers for around 80 centres in 25 states/Union Territories from April 2006 to October 2019 to arrive at the cost of a 'thali'.
In an exclusive conversation with India TV Digital, Arun Nagpal, Co-founder and Managing Director of Mrida Group, spoke at length about budget allocation for agriculture and farmers.
Bank strike: Banking operations were largely affected in the country on Friday owing to the strike by bankers pressing for early settlement of wage revision, said a top leader of All India Bank Employees' Association (AIBEA).
Ahead of the presentation of the Union budget, the Mumbai Dabbawala Association on Friday said the Centre should ensure that there is no increase in the railway's luggage pass fares so that the tiffin box carriers are not burdened financially.
Economic Survey: As Budget Session 2020 kickstarted, Finance Minister Nirmala Sitharaman presented the Economic Survey 2019-20 in Parliament. The Economic Survey is a detailed reflection and retrospection into the country's economic performance over the ongoing fiscal year. Indiatvnews.com brings to you live updates from the first day of the Budget Session
With the commencement of the Budget Session on Friday, Finance Minister Nirmala Sitharaman will present the Economic Survey 2019-20 infront of the Parliament. President Ram Nath Kovind will deliver a speech in the Central Hall of the Parliament at 11 am.
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