Budget 2020 - Bank Deposit Insurance Cover Raised To Rs.5 Lakhs, Govts Stake In IDBI And LIC to be Sold
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Budget 2020
Bank Deposit Insurance Cover Raised To Rs.5 Lakhs from 1 Lakh Per Depositor
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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might be coming financial year after the finance bill is cleared and notification issued
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
With cavets that you cannot claim any exemption
Budget speech left incomplete
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.
Customs duty on footwear, furniture raised, Health cess on import of medical equipment imposed in Budget
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.
nothing much for real estate too
Budget 2020: Budget falls short of Real estate sector’s expectations, says Knight Frank
https://www.thehindubusinessline.com/news/real-...
What Indian real estate gained in Budget 2020?
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.
Ambani and Adani k liye hai ye desh
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
All those that don’t give a sh*t watch DD
It will be effective from which date?