Giveaway misgivings
That it also gave them optional tax structures to choose from; going with existing tax rates with payment of a minimum alternate tax (MAT) or a lower corporate tax, may be particularly pleasing for capital-intensive companies.
That it also gave them optional tax structures to choose from; going with existing tax rates with payment of a minimum alternate tax (MAT) or a lower corporate tax, may be particularly pleasing for capital-intensive companies.
The PM said that the Centre was delivering policy-based governance that has helped catapult the country from 142nd place among 190 nations on the World Bank's ease of doing business ranking in 2014 to 77th position this year.
Before July 1, SBI used to charge between Re 1 and Rs 5 for transactions through NEFT, and Rs 5-50 for RTGS route.
This amendment will take effect from April 1, 2020, and will, apply in relation to the assessment year 2020-21 and subsequent assessment years.
The obsessive security associated with Budget preparation, where dozens of Finance Ministry officials are sequestered in North Block days ahead of the presentation, has a huge downside in that there is no informed discussion on the proposed budgetary provisions. Unfortunately, budget proposals are finalised in the rarefied atmosphere of North Block, far removed from the persons and places for whose benefit the whole exercise is undertaken.
Attacking the Central government in a series of tweets, AAP Rajya Sabha MP Sanjay Singh said the Budget has no mention of women security.
Further, to discourage the practice of making business payments in cash, Sitharaman proposed to levy TDS of 2 per cent on cash withdrawal exceeding Rs 1 crore in a year from a bank account.
The survey outlines strategic plueprint to achieve Prime Minister Narendra Modi's vision for $5 trillion economy.
In a post-budget exercise, the Finance Minister may discuss among other issues an action plan for the fiscal consolidation for the coming months
On Friday, Jaitley attended the Cabinet Committee on Security meeting called by PM Modi to discuss the Pulwama terror attack, before heading to North Block to take charge of his ministry
