Provisions for small industries inadequate; KASSIA dissatisfied

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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BSY’s budget makes petrol, diesel and booze costlier

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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Union Budget 2020: Rough ride for Investors; Stock market slides

Sensex 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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Paved Paradise, Put up a Parking Lot

The wide-ranging announcements made by the Finance Minister in this year’s budget emphasized enormously on the UN’s Sustainable Development Goals (SDGs). This is evident in the sectors touched by the budget. The Softcopy examined the implication of the budget on eight SDGs. SDG 03: Good Health and Well-being By Swalpi Bajpai and Anushka Sharma Nirmala Sitharaman […]

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Inflating budget, yet no defence modernisation

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 2020 Budget packs good news for farmers

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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