Budget 2020 - Bank Deposit Insurance Cover Raised To Rs.5 Lakhs, Govts Stake In IDBI And LIC to be Sold

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Deal Major
desiman

Budget 2020

Bank Deposit Insurance Cover Raised To Rs.5 Lakhs from 1 Lakh Per Depositor

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Government will sell part of its stake in LIC through IPO: Sitharaman

Balance govt holding in IDBI banks to be sold to pvt retail investors: FM

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Deal Cadet Deal Cadet
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It will be effective from which date?

Deal Major Deal Major
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might be coming financial year after the finance bill is cleared and notification issued

Deal Major Deal Major
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New Income Tax Rates Announced

Income Tax Rates Slashed to 10% for Earnings of Rs 5-7.5 Lakh, 15% for Rs 7.5-10 Lakh, 20% for Rs 10-12.5 Lakh and 25% for Rs 12.5-15 Lakh

Deal Cadet Deal Cadet
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With cavets that you cannot claim any exemption

Deal Major Deal Major
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Budget speech left incomplete pensive

Finance Minister Nirmala Sitharaman winds up her Budget speech after 2 hours 40 minutes, the longest ever by a finance minister, with 2 more pages still to go.

Deal Major Deal Major
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Customs duty on footwear, furniture raised, Health cess on import of medical equipment imposed in Budget

Critic Critic
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Again piecemeal reforms,no hope now for recovery of overall economy(not incl share market) outside of global rally.Now I think even Bangladesh economy will leave India far behind on per capita basis in next 5-10 years unless some drastic measures are taken.

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Benevolent Benevolent
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Govt has only permitted the Corporation to raise the cover limit. The actual increase will happen only when the Corporation actually implements it. Tat can happen any time between 1 month to 10 years.

Deal Subedar Deal Subedar
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Ambani and Adani k liye hai ye desh

Deal Subedar Deal Subedar
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Budget Update
All those who want a net gain of Rs 60000 and above watch Zee news and republic
All those who want to see that there is overall loss of 10-20000, watch India Today and Aaj tak
All those who want to see there is overall loss of 50000 , watch NDTV and ABP news
All those who are convinced its not going to make a difference of more than Rs 30.40, watch Netflix

Deal Subedar Deal Subedar
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All those that don’t give a sh*t watch DD stuck_out_tongue_closed_eyes

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Deal Cadet Deal Cadet
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Blogger Blogger
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