KASSIA also complains about the lack of compensation to industries post floods. By Harshith V. Bengaluru, March 05, 2020 Even as the president of Federation of Karnataka Chambers of Commerce and Industry (FKKCI), C. R. Janardhana said that the budget was a gallant effort to meet the challenges posed by the fund crunch of Rs […]
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Cuts stamp duty on flats costing less than Rs 20L Shoby Krishna G Bengaluru, March 05, 2020 The Karnataka budget for 2020-2021 reflects the government’s resolve to boost the state’s revenue. It proposes raising tax on petrol and diesel, and excise duty on liquor. In his budget speech on Thursday, chief minister BS Yediyurappa announced […]
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In his seventh budget for Karnataka state, B S Yediyurappa, who also holds Finance portfolio in the state, focused on agriculture and allied activities, irrigation and development of the capital. By Vivek Kumar M Bengaluru: The budget allocated for Karnataka state is around Rs. 2.37 lakh crore for 2020-21. Around three per cent of the […]
Continue ReadingSensex and Nifty-50 showed disapproval as the Union Budget 2020 failed to enthuse the stock market. By Vivek Kumar On one hand, where Finance Minister Nirmala Sitharaman gave taxpayers a choice to go for an alternate tax system, on the other hand, the union budget 2020 has left trade investors disappointed after the stock market […]
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By Pradnya Desai Despite India’s upward trajectory in its defense spending over the past decade, the allocation for capital expenditure is in the doldrums. India achieved the Rs. 3 lakh crore-mark last year, making it the highest ever defense allocation of India. Today, India has the third biggest defense budget in the world. However, the […]
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The 16 point agenda for farmers in the 2020 budget 2020 hopes to double farm income. By Anil Kumar Tiwari Finance Minister Nirmala Sitharaman has declared a 16-point agenda to double farmers’ income by 2022. This includes a credit of Rs. 15 lakh crore in the current financial year. The government has allotted Rs. 2.83 […]
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Finance Minister Nirmala Sitharaman presented the Union Budget 2020-21 in the parliament today. Here are the live updates from the Parliament and the main highlights of her speech:
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