Excise duty on cigarettes and tobacco products and custom duty on footwear and imported furniture has been increased.
Source: Today Deals
Author: coupons Finder
Govt Abolishes DDT, Pegs Revenue Loss At Rs 25,000 Crore
“The dividend will be taxed only in the hands of the recipients at their applicable rates,” she said while presenting the Union Budget for 2020-21.
Source: Today Deals
The Auto Industry Reacts To Budget 2020
Finance Minister Nirmala Sitharaman said this budget was aimed to boosting incomes and enhancing purchasing power
Source: Today Deals
Finance Commission To Set Up Expert Group To Work Out Modalities On Mod's Proposal To Levy 'Defence Cess'
The Finance Commission’s report was tabled in Parliament on Saturday, at the same time as Finance Minister Nirmala Sitharaman presented the Union Budget.
Source: Today Deals
Defence Gets 6% Hike, Rs 1.1 Lakh Crore For Modernisation
For modernisation and buying new weapon systems, defence forces have been allocated Rs 1,10,734 crore which is Rs 10,340 more than what was provided in last year’s budget.
Source: Today Deals
Rs 99,300 Crore For Education Sector In 2020-21, Says FM
We propose a total outlay of Rs 99,300 crore for the education sector in 2020-21 and Rs 3,000 crore for skill development,” said Sitharaman while presenting the budget.
Source: Today Deals
Union Budget 2020-21 – Good For The Long-Term But Misses Real Estate ‘Quick Fixes’
The Budget misses on the ‘quick fixes’ the real estate sector needs urgently and focuses more on a long-term vision.
Source: Today Deals
Budget Proposes Wide-Ranging Facilitation Measures In Direct Tax Regime
Referring to several measures taken to reduce tax litigations, Sitharaman said that in the last Budget, Sabka Vishwas Scheme was brought in to reduce litigation in indirect taxes.
Source: Today Deals
100 More Airports To Be Developed By 2024 To Support Udaan Scheme, Announces FM Sitharaman
She also remarked during her Budget presentation that India’s Air traffic has grown rapidly as compared to the global average and the air fleet number was expected to go up from the present 600 to 1200 during this time.
Source: Today Deals
India's Balance Of Payments Position Improves To $433.7 Billion
The Survey notes that India’s merchandise trade balance improved from 2009-14 to 2014-19 on the back of the decline in crude prices.
Source: Today Deals