Govt willing to do more, open to tweaking inside and outside Budget: Sitharaman
The country's GDP growth is estimated to slow to an 11-year low of 5 per cent in the current financial year.
The country's GDP growth is estimated to slow to an 11-year low of 5 per cent in the current financial year.
Union Budget 2020-21 has brought disappointment to some constituencies as it did not have any big announcements
Finance Minister Nirmala Sitharaman in the Union Budget for 2020-21 has introduced a 10 per cent TDS provision
The new insurance cover came into effect from Tuesday onwards. Deposit insurance was static at Rs 1 lakh since 1993.
At 12.41 pm, the Sensex was up 53.23 points at 39,788.76 and Nifty gained 25.30 points to achieve 11,687.15.
India holds the third position in the world’s largest startup ecosystem.
The minister also said that the companies will not need to pay dividend distribution tax (DDT).
Deposit insurance coverage will be enhanced from Rs 1 lakh to 5 lakh per depositor
While addressing the Parliament Sitharaman said that the farmers will be allowed to set up solar units on barren/fallow lands and supply power to grids.
The union minister further added, “Agriculture credit availability target for the year 2020-21 has been set at Rs 15 lakh crore.”