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Union Budget 2020
India  /  Published 01.02.20

‘Monitor’ tax on foreign trip

The Union budget has imposed a 5 per cent tax on foreign travel packages bought from tour operators with effect from April 1, 2020.Tour operators are liable to charge the amount as TCS (tax collected ...
By Sambit Saha in Calcutta

Business  /  Published 01.02.20

Faith in market may backfire

Nirmala Sitharaman’s second budget came against the backdrop of a continuing slowdown of the economy. On Friday, the National Statistical Office had lowered the growth figures for 2018-19 by 0.7 per...
By Biswajit Dhar in

Business  /  Published 01.02.20

Stressed sectors left out in the cold

Union Budget 2020-21 was announced in the backdrop of an unfavorable economic environment, with real GDP growth weakening to sub-5 per cent. As such, there was high expectation from the budget to rein...
By Motilal Oswal in

North East  /  Published 01.02.20

Trade bodies laud budget

Industry bodies on Saturday said Union finance minister Nirmala Sitharaman’s budget proposals will give a big boost and meet the needs of the Northeast.Sitharaman said the Northeast had a very high ...
By Our Special Correspondent in Guwahati

North East  /  Published 01.02.20

Rs 30cr for SHGs in Assam

Dispur has decided to grant an initial fund upto Rs 25,000 to 20,000 women self-help groups (SGHs) in the state under the Kanaklata Mahila Sabalikaran Yojna (Asoni). Some of the cheques were distribut...
By Mohsin Khaiyam in Guwahati

India  /  Published 01.02.20

Budget tax cuts bring little cheer

Finance minister Nirmala Sitharaman’s budget for fiscal 2020-21 slashed income tax for lower earners and announced plans to sell a stake in the giant Life Insurance Corp, but the measures failed to ...
By Paran Balakrishnan in New Delhi

India  /  Published 01.02.20

Major tax sops in Budget 2020

Finance Minister Nirmala Sitharaman released her budget for fiscal 2020-21, announcing a package of measures, including slashing income for lower earners, to stimulate the economy whose growth has slo...
By Our Bureau and Agencies in New Delhi

India  /  Published 01.02.20

Mamata slams Centre for proposal to sell its stake in LIC

West Bengal chief minister Mamata Banerjee on Saturday slammed the central government's proposal to sell a part of its shares in LIC, describing it as a plan to 'ambush' the legacy of public instituti...
By PTI in New Delhi

Business  /  Published 01.02.20

Sensex plunges over 700 points

Market benchmark Sensex plunged over 700 points on Saturday after the Union Budget projected widening of fiscal deficit for the current financial year.The Sensex slumped as much as 708 points to hit a...
By The Telegraph and PTI in Mumbai

Business  /  Published 01.02.20

States asked to adopt model laws on agri land leasing: FM

The government has asked states to adopt three central model laws on agricultural land leasing, marketing and contract farming, Union finance minister Nirmala Sitharaman said on Saturday.Presenting th...
By PTI in New Delhi


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