Tag: Union Budget-2020

Union Budget analysis by CII Mysuru Chairman
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Union Budget analysis by CII Mysuru Chairman

February 3, 2020

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….

Money deposited in banks absolutely safe: Finance Minister
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Money deposited in banks absolutely safe: Finance Minister

February 1, 2020

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…

Bahi Khata is back
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Bahi Khata is back

February 1, 2020

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…

Budget Session: Economic Survey tabled in Parliament
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Budget Session: Economic Survey tabled in Parliament

January 31, 2020

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…

FM Nirmala Sitharaman kicks off budgetary exercise with ‘Halwa Ceremony’
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FM Nirmala Sitharaman kicks off budgetary exercise with ‘Halwa Ceremony’

January 23, 2020

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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