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  Business   Economy  02 Feb 2020

Business, Economy, 02 Feb 2020

New tax regime gives with one hand, takes away with the other

Analysts claim there won’t any great savings under new tax regime.

02 Feb 2020 5:39 AM

Mega talkathon Budget

Fiscal deficit pegged at 3.5%; Nominal GDP to be 10%; Capex scaled to 21%.

02 Feb 2020 5:23 AM

Viability gap funding set to cheer up private health sector

The viability gap funding window will be provided to hospitals which are setting up centres in tier II and III cities.

02 Feb 2020 4:20 AM

Finance minister takes care of many concerns of MSMEs

According to the minister, more than five lakh MSMEs have benefitted from restructuring of debt permitted by RBI in the last year.

02 Feb 2020 4:02 AM

A balanced Budget despite several constraints

The finance minister has been more realistic by assuming nominal GDP growth of 10% for FY 21.

02 Feb 2020 3:41 AM


Affordable housing gets tax holiday

In order to ensure that more persons avail this benefit and to further incentivise the affordable housing.

02 Feb 2020 3:37 AM

Exporters all set to get tax refunds

Under the NIRVIK scheme, the insurance guaranteed could cover up to 90 per cent of the principal and interest.

02 Feb 2020 3:34 AM

Fiscal deficit target 3.8 per cent

The deficit target for the coming fiscal year starting April 1 was widened to 3.5 per cent.

02 Feb 2020 3:32 AM

Credit guarantee on debt for NBFCs, HFCs

The move, according to experts, would help NBFCs in the recovery process of an even smaller loans.

02 Feb 2020 3:05 AM

Budget 2020: LIC to get listed on stock exchange

After two capital infusions, the government owns a substantial part of IDBI Bank (46.5 per cent stake) which will be completely sold off.

02 Feb 2020 2:49 AM