Budget

With higher fiscal headroom to accommodate spending, it should be marginally positive for growth for India following the measures announced in the Budget 2020.

The Budget 2020 has failed to adequately address the challenges faced by the economy, says Nishith Desai Associates. Given the continuing economic slowdown and the current social unrest that the country is witnessing, there was a lot of hope from the...

The banking sector is reading positive notes from the 2020 Budget tabled in parliament on 1 Feb 2020 by Finance Minister Nirmala Sitharaman.

The latest round of FICCI's Economic Outlook Survey puts forth the annual median GDP growth forecast for 2019-20 at 5.0%.

The Federation of Indian Export Organizations (FIEO) has presented its wishlist for 2020-21 Budget, calling for double tax deduction scheme for internationalization of MSMEs and more shipping capacity in the country.

To further boost investor sentiment and encourage investments, the Union Budget could announce a roadmap for convergence of all corporate tax rates to 15%, with no exemptions and incentives, by 1 April 2023, a senior industry official said.

As the countdown to Union Budget 2020-21 begins, all sectors hope that the government will unleash a plethora of goodies – from tax cuts and other consumption boosters to increasing credit off-take from banks to ease liquidity.

There is no possibility of any change in Goods and Services Tax (GST) rates till the revenue stabilizes, a senior official has assured during the FICCI's 92nd Annual Convention on 21 Dec 2019.

Tripura Industrial Development Corporation (TIDC) Ltd is setting up a Special Economic Zone (SEZ) for the Agro-based food processing industry, at an estimated cost of Rs.1,550 crore.

Representatives of the Agro-processing and Rural Development sectors have told Finance Minister Nirmala Sitharaman to boost investment in agricultural sector and enhance market access to farmers.