We expect lending rates to come off by 50bps cut by March 2020 in contrast to 2018’s 30bps hike. Also, Budget 2019 should retain February’s 3.4% of GDP fiscal deficit target.
Union Budget 2019 India: With the Modi Government back in action, there is a fresh lease of hope amongst all the sectors. The reforms which were done in the last five years have positively added momentum to the Indian Economy.
Union Budget 2019 India: The major expectation ahead of the budget is that Modi 2.0 could provide stimulus to revive consumption and investments.
Demand for Grants includes provisions with respect to revenue expenditure, capital expenditure, grants to State and Union Territory governments together with loans and advances
In February 2019, the then Interim Finance Minister Piyush Goyal adopted a pragmatic approach by providing a pro-growth and fiscally prudent Budget
Union Budget 2019 India: Markets are waiting with much anticipation for the full-fledged budget to be presented by the newly elected government.
Union Budget 2019 India: The first budget by India’s new Finance Minister Nirmala Sitharaman comes at a time when the economy is displaying signs of a slowdown, coupled with concerns over widespread unemployment.
In a clear pre-poll sop for the middle class, Finance Minister Piyush Goyal said that the government proposes to raise the income tax exemption limit to Rs 5 lakh, but left the implementation to the next government in the full-fledged budget. It has also proposed to raise the standard deduction to Rs
Budget 2019-20: Recent Budgets focused singularly on the trinity of farmers, welfare, and in case of the February edition, the Middle Class. It would perhaps be timely to emphasize the much-forgotten side of the economy i.e. private sector productivity (supply) in the upcoming Union Budget.
Budget 2019-20: Presently, taxpayers whose taxable income is up to Rs 500,000 are not liable to pay tax due to the rebate of Rs 12,500 available to them.
With expenditure mounting and revenues for the government likely to slow, because of slower economic growth, all eyes would be on the fiscal deficit numbers. In all likelihood the fiscal deficit for 2019-20, would be maintained at 3.4 per cent of
The education and skill development sectors would need to be enabled to make the required changes so that the persons coming out of the system are not just employable, but can also adapt.
For the April month, the fiscal deficit came in at Rs. 1,57,048 crore i.e 22% of the estimated budget for the FY 2019-20, i.e. a tad lower than the figure that came in for the corresponding period a year ago. In
Union Budget 2019 India: Modi 2.0’s first Budget must address poverty & quality education as binaries.
The Union Budget 2019 needs to solve practical challenges faced by homebuyers due to factors like uncertainty over project approvals, construction delays and completion hassles.
Budget 2019 India: How can the upcoming Budget help ensure sustainable growth for the Indian automotive industry.
The salaried class taxpayers have a lot of expectations from the Union Budget 2019. Here is what they can expect from Modi 2.0 regarding standard deduction.
What is Interim Budget Meaning: An Interim Budget is presented during the transition period when a new government is due to take over but the ruling government needs Parliament's go-ahead to take out money from the Consolidated Fund of India.
Union Budget 2019 India: The Budget will have to do a balancing act to revive investment, increase farm productivity, drive consumption and keep the fiscal deficit under control.
Union Budget 2019: The Budget Halwa ceremony takes place ahead of the full-fledged budget every year at the Finance Ministry office in North Block. The event is presided over by the Finance Minister.
The annual celebration is held in the presence of the entire Finance Ministry. Sitharaman’s maiden budget is scheduled to be presented on 5 July.
Finance Minister Nirmala Sitharaman, along with MoS Anurag Thakur and other officials of the Finance Ministry were present as the halwa was prepared and shared by them.
Union Budget: The practice of generating revenue through surcharges and cesses is unfair to states as this money does not form a part of the divisible pool.