Defence Budget 2020-21 15.49 percent of the total central government expenditure for the year 2020-21 The Union Budget for the financial year 2020-21, presented by Finance Minister Smt Nirmala Sitharaman in Parliament on February 01, 2020, envisaged a total outlay of Rs 30,42,230 crore. Out of this, Rs 3,37,553 crore has been allocated for Defence (excluding Defence … [Read more...] about Defence Budget 2020-21
Union Budget
New Personal Income Tax Regime heralds significant relief, especially for Middle Class Taxpayers
New Personal Income Tax Regime heralds significant relief, especially for Middle Class Taxpayers New tax regime to be optional for the taxpayers New rates entail estimated revenue forgone of Rs 40,000 Crore per year In order to provide significant relief to the individual taxpayers and to simplify the Income-Tax law, the Union Budget proposes to bring a new and simplified … [Read more...] about New Personal Income Tax Regime heralds significant relief, especially for Middle Class Taxpayers
Key Highlights of Union Budget 2020-21
Key Highlights of Union Budget 2020-21 Presenting the first Union Budget of the third decade of 21st century, Finance Minister Smt. Nirmala Sitharaman, today unveiled a series of far-reaching reforms, aimed at energizing the Indian economy through a combination of short-term, medium-term, and long-term measures. The Key Highlights of Union Budget 2020-21 are as … [Read more...] about Key Highlights of Union Budget 2020-21
Summary of Union Budget 2020-21
Summary of Union Budget 2020-21 PART-A Presenting the first Union Budget of the third decade of the 21st century, Finance Minister Smt. Nirmala Sitharaman, today unveiled a series of far-reaching reforms, aimed at energizing the Indian economy through a combination of short-term, medium-term, and long term measures. The Union Budget has been structured on the overall theme … [Read more...] about Summary of Union Budget 2020-21
Budget 2020 : New Income Tax Slabs
Budget 2020 : Income Tax New Slabs Key highlights of Union Budget 2020-21 Govt extends additional Rs 1.5 lakh tax benefit on interest paid on affordable housing loans to March 2021 New Income Tax Slabs No tax for income below Rs 5 lakh 10% for income between Rs 5 - 7.5 lakhs (down from 20%) 15% for income between Rs 7.5 - 10 lakhs (down from 20%) 20% … [Read more...] about Budget 2020 : New Income Tax Slabs
Union Budget 2020 : Updates
Union Budget 2020 : Updates Live updates from the Parliament as Finance Minister Nirmala Sitharaman presents her second Union Budget. Union Finance Minister Nirmala Sitharaman’s second Budget, to be presented on February 1, is expected to announce measures to restore economic growth and to set out a clear road map for achieving the ambitious target of $ 5 trillion economy by … [Read more...] about Union Budget 2020 : Updates
Union Budget 2020 – NFIR’s Proposals
Union Budget 2020 - NFIR’s Proposals NFIR National Federation of Railwaymen Federation 3, Chelmsford Road, New Delhi – 110 055 No. IV/Budget/ Part III Dated: 30th Dec 2019 Shri Narendra Modiji, Hon’ble Prime Minister of India, Raisina Hills, South Block, New Delhi – 110 011 Respected Shri Modiji, Sub: General Budget 2020 – NFIR’s proposals for consideration and … [Read more...] about Union Budget 2020 – NFIR’s Proposals
PM invites Ideas and Suggestions for Union Budget 2020
PM invites Ideas and Suggestions for Union Budget 2020 Prime Minister Shri Narendra Modi invited ideas and suggestions for the Union Budget 2020 on MyGov. He said, “The Union Budget represents the aspirations of 130 crore Indians and lays out the path towards India’s development. I invite you all to share your ideas and suggestions for this year’s Budget on … [Read more...] about PM invites Ideas and Suggestions for Union Budget 2020
Central Seeks suggestions from Public on Union Budget 2019-2020
Central Seeks suggestions from Public on Union Budget 2019-2020 The Central Government has sought ideas and suggestions from General Public on the Union Budget 2019-20 with a view to making the Budget making exercise more participate and inclusive. The Finance Minister Nirmala Sitharaman will present the Union Budget on 5th July 2019. The Ministry said government seeks … [Read more...] about Central Seeks suggestions from Public on Union Budget 2019-2020