By Pradeep S. Mehta Finance Minister Nirmala Sitharaman’s Union Budget 2019-20 presented the vision of India becoming a $5 trillion economy in the next few years driven by the ‘virtuous cycle’ of investment. If the…
Bengaluru, July 5 (IANS) The absence of a new Special Economic Zones (SEZ) policy in the Union Budget for fiscal 2019-20 is a missed opportunity, said Indian IT industry apex body Nasscom on Friday. “One…
By S. Ranganathan It is a pragmatic Budget which cleverly balances the massive spending envisaged in the infrastructure space. It has also addressed key issues like reviving the rural economy and the urban consumer in…
Dehradun, July 5 (IANS) Uttarakhand Chief Minister Trivendra Singh Rawat on Friday described the Union Budget as inclusive, growth-oriented and balanced. Congratulating Finance Minister Nirmala Sitharaman for presenting her maiden budget, the Chief Minister said…
By Sanjeev K. Nayar The budget has talked about developing 17 iconic tourism sites, which we are certain will benefit the hospitality sector and all other stakeholders of the travel industry as this will create…
By V Ravi Envisioning a five-trillion-dollar economy, the Union Budget captures several progressive steps in the right direction. From enhancing the ease of doing business, to creating a conducive environment for new-age companies and a…
By George Alexander Muthoot Presenting the maiden budget of the Modi 2.0 government, Finance Minister Nirmala Sitharaman has highlighted the government`s thrust on infusing liquidity in the non-banking finance sector (NBFC) sector. In line with…
By Manish Gunwani This Budget has been pragmatic with the view to improve medium term sustainable growth potential. The government had a tough ask to provide support to the economy without compromising on fiscal prudence….
By Abhijeet Sinha Budget 2019 has announced an income tax deduction of Rs 1.5 lakh on the interest paid on loans taken to purchase electronic vehicles (EVs). The move will motivate buyers to purchase these…
By Shishir Baijal The new governments first budget lays fundamental thrust on infrastructure development and affordable housing. Its attention to rental housing through creation of a model law is a welcome move and we hope…
Jaipur, July 5 (IANS) The Rajasthan BJP on Friday hailed the Union Budget terming it as inclusive for each section of the society, while the Congress in the state termed it as directionless. “The Union…
By Sandeep Shah Finance Minister Nirmala Sitharaman has treated both water and tax as scarce resources and consequently focused on plugging loopholes in tax compliance through various measures apart from increasing the tax rate on…
By Mukund Vasudevan With all eyes on the Ministry of Jal Shakti as the water crisis deepens, the Union Budget 2019-20 includes commendable measures to address various challenges. The “Har Ghar Jal” initiative will ensure…
Bhopal, July 5 (IANS) Madhya Pradesh Chief Minister Kamal Nath on Friday termed Budget 2019-20, presented by Finance Minister Nirmala Sitharaman, as “disappointing and inflationary”. “People are feeling cheated with this disappointing and inflationary budget,…
New Delhi, July 5 (IANS) Hailing the Union Budget 2019-20 as “transformational”, industry leaders on Friday said it offers a lot for farmers and the common man. Speaking to IANS, Vineet Agarwal, Managing Director, Transport…
By Anil Agarwal A progressive budget which focuses on core issues of health, sanitation, water and welfare of the people as well strengthens the foundation of New India that is prepared to ride the wave…
Bengaluru, July 5 (IANS) The Union Budget for fiscal 2019-20 would boost innovation and form the bedrock of the countrys digital economy,” leading e-tailer Flipkart Chief Executive Kalyan Krishnamurthy said on Friday. Lauding the government’s…
By Raman Roy The e-verification mechanism proposed by Finance Minister Nirmala Sitharaman is an enabling one for both start-ups and angel investors. This, coupled with the exclusion of start-ups and investors who file requisite declarations…
By Vikas Singh The Union Budget has recognised the importance of technology in the growth of the country by announcing training of 10 million youth in industry-relevant skills such as AI, IoT and Big Data….
By Saurabh Srivastava The measures proposed by the Finance Minister in the Union Budget 2019 today, regarding the Indian start-up ecosystem are extremely encouraging. Regarding angel tax, start-ups and investors who file requisite declarations will…