Budget

Startups should not have any concern related to taxation as the 2019-20 Budget has proposed a number of measures to resolve the legacy issues.

The Government has taken following major steps to increase the flow of credit to micro, small and medium enterprises (MSME) exporters, Commerce and Industry Minister Piyush Goyal said in a written reply in the Rajya Sabha on 12 July 2019.

Distorted property rights for lack of a sound rental policy, weak rental contract implementation and low rental yields prompt property vacancies.

The State Bank of India (SBI) has obtained approval for raising equity capital of up to Rs.20,000 crore from the market by way of Qualified Institutional Placement (QIP) or other modes till 31 March 2020, Lok Sabha was told on...

A more aggressive divestment plan of state-owned enterprises (SOEs) and moves toward private participation in rail infrastructure, as proposed in the 2019-20 Budget, are likely to create growth opportunities for corporates across sectors, according to S&P Global Ratings on 8...

To further promote domestic manufacturing heavy industries, the Finance Minister Nirmala Sitharaman has proposed in 2019-20 Budget customs duty reductions on certain raw materials and capital goods needed for nuclear power plants.

The 2019-20 Budget has proposed Rs.400 crore allocation for creating world class educational institutions which will among others measures woo foreign students to Indian institutions.

India’s FY2019-20 Budget marked a sense of continuity but also carried winds of change, said Singapore banking Group, DBS, welcoming measures to incentivize digital transactions.

India has proposed to impose the world’s highest surcharge on income tax of rich and super-rich which will see the wealth movement out of the country for tax-havens.

The 2019-20 Budget is a mega investment-oriented initiative with a strong focus on scaling up rural infrastructure and demand along with slew of tax simplification measures, aimed at boosting growth, maintaining high level of fiscal discipline, said ASSOCHAM President B.K....