Mysore/Mysuru: “Like previous budgets, there were no big bang announcements in this year’s Union budget. The Government has done well to categorise its priority areas at a high level under agriculture, economic development and education and then further sub-divide each of these as action plans,” said Bhaskar Kalale, Chairman, Confederation of Indian Industry (CII), Mysuru….
10% for income between Rs. 5 lakh and Rs. 7.5 lakh against 20% 15% for income between Rs. 7.5 lakh and Rs. 10 lakh against 20% 20% for income between Rs. 10 lakh and Rs. 12.5 lakh against 30% 25% for income between Rs. 12.5 lakh and Rs. 15 lakh against 30% Government to sell…
Dividend Distribution Tax for companies abolished New Delhi: Union Finance Minister Nirmala Sitharaman sought to assure the people that schedule commercial banks and depositors money is absolutely safe and that a robust mechanism is in place to monitor them. The assurance comes at a time when depositors, especially senior citizens, are worried about the fate…
Tracing the journey of India’s traditional ledger wrapped in red cloth New Delhi: As the nation awaits Finance Minister (FM) Nirmala Sitharaman’s second Union Budget presentation on Saturday, the “Bahi Khata”, which appeared for the first time in 2019 Budget Session, popped up again replacing the standard Budget briefcase. In 2019, Finance Minister Sitharaman ditched…
Union Budget to be presented tomorrow • Session to be held in two phases • First phase from Jan. 31 to Feb. 11 • Second phase from Mar. 2 to Apr. 3 New Delhi: The Budget Session of the Parliament began today with the Union Budget to be presented tomorrow. The budget session will be…
New Delhi: Union Finance Minister Nirmala Sitharaman kicked off the process of printing documents for the Union Budget-2020 by hosting a ‘Halwa Ceremony.’ Sitharaman along with other senior (Finance) Ministry officials and clerks observed the symbolic ritual at North Block. The customary ‘Halwa Ceremony’ is observed every year by the respective Finance Minister to mark…
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