Economy

BUDGET 2020: Infrastructure;Highways,Railways

BUDGET 2020: Infrastructure;Highways,Railways Highways: Accelerated development of highways to be undertaken, including: o 2500 Km access control highways. o 9000 Km of economic corridors. o 2000 Km of coastal and land port roads….

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BUDGET 2020: Industry, Commerce and Investment

BUDGET 2020: Industry, Commerce and Investment Rs. 27,300 crore allocated for 2020-21 for development and promotion of Industry and Commerce.                     …

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BUDGET 2020: Culture & Tourism

BUDGET 2020: Culture & Tourism Allocation of Rs. 2500 crore for 2020-21 for tourism promotion. Rs.3150 crore proposed for Ministry of Culture for 2020-21. An Indian Institute of Heritage and…

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BUDGET 2020: Wellness, Water and Sanitation

BUDGET 2020: Wellness, Water and Sanitation Rs. 69,000 crore allocated for overall Healthcare sector. Rs. 6400 crore (out of Rs. 69,000 crore) for PM Jan Arogya Yojana (PMJAY): More than 20,000 hospitals…

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BUDGET2020:Education and Skills

On Education and Skill front, the Finance Minister said Rs 99,300 crore is being allocated  in 2020-21 and Rs 3000 crores for skill development New Education Policy to be announced…

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BUDGET2020: Agriculture, Irrigation and Rural Development

Sixteen Action Points for Agriculture, Irrigation and Rural Development      Agriculture credit: Agriculture credit target for the year 2020-21 has be set at Rs 15 lakh crore. All eligible beneficiaries of…

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BUDGET 2020: InDirect Tax Proposals

BUDGET 2020: InDirect Tax Proposals GST: o Cash reward system envisaged to incentivise customers to seek invoice. o Simplified return with features like SMS based filing for nil return and…

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BUDGET 2020: Direct Tax Proposals

BUDGET 2020: Direct Tax Proposals To stimulate growth, simplify tax structure, bring ease of compliance, and reduce litigations. · Personal Income Tax: o Significant relief to middle class taxpayers. o…

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RBI cuts repo rate

The Reserve Bank of India has decided to lower interest rate  as it reduced repo rate  to 5.15%. Reverse repo rate has been revised to 4.90 per cent;  The marginal standing facility (MSF) rate…

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RBI lowers repo rate by 35 basis points to 5.40%

The Reserve Bank of India has decided to lower interest rate for the fourth consecutive policy review as it reduced repo rate by 35 bps to 5.40%. Reverse repo rate has been revised to 5.15…

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