Tag: Budget 2020

Finance Minister Nirmala Sitharaman will be on a two-day official visit to Hyderabad and Bengaluru on February 16 and 17 to hold interactive sessions with various stakeholders on Union Budget 2020-21.

In a relief to taxpayers, Finance Minister Nirmala Sitharaman has proposed to cut income tax rates and change slabs to lower tax incidence for those earning upto Rs 15 lakh a year. The Minister has proposed a 10 percent tax on income between Rs 5 lakh and Rs 7.5 lakh from the current 20 percent now.

Lok Sabha adjourned till 11am tomorrow

In late December, at one of the extensive closed door meetings that the PM has had with various industry vertical heads, a high-profile team representing India's digital economy outlined with way forward.

State governments will probably face challenges in decreasing deficits as economic growth lags and infrastructure spending resumes