By R. Muralidharan Encouraging value added domestic manufacturing has been an area of focus in this years Budget. Towards this, the Budget has proposed an increase of customs duty on import of finished products by…
By Gene Fang In todays budget, Indias government announced a lower fiscal deficit target for fiscal 2020, while maintaining its support for growth and incomes. Achieving these competing goals will be very challenging. We expect…
By Yogesh Chande Historically speaking, India has been a promoter-driven market and increasing the minimum level of public shareholding of listed companies from 25 per cent to 35 per cent threshold will ensure wider ownership…
By K Joseph Thomas An improvement on the interim Budget with a number of reasonably good proposals on disinvestment, bank recapitalisation, and quite a substantial discount on affordable housing in taxes. Focus on affordable housing…
By Tarun Garg In order to provide an impetus to the Housing for All objective of the government and to enable the home buyer to have low-cost funds at his disposal, additional deduction of Rs…
By Anindya Mallick Finance Minister Nirmala Sitharaman’s first budget on Friday provides the policy direction for building a new India that aspires to become a $5 trillion economy in the next couple of years. This…
By Madhavi Arora On broad accounts, the Budget has been able to more than match the fiscal deficit target for FY20 at 3.3 per cent of the Gross Domestic Product (GDP). However, the consolidation needs…
By Niranjan Hiranandani It is for the first time in probably the last 30 years that the Union Budget has taken care of almost all the sectors in such a detailed manner. Right from agriculture,…
New Delhi, July 5 (IANS) Union Finance Minister Nirmala Sitharaman’s maiden budget is a mega investment-oriented initiative with a strong focus on scaling up rural infrastructure and demand along with a slew of tax simplification…