Sunday, November 17, 2024

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budget 2020

News Reports

‘The self reliant budget has something to offer for everyone’, HM Amit Shah lauds the Union Budget

OpIndia Staff -
HM Amit Shah opined that the 2021-22 Union Budget presented by Nirmala Sitharaman would pave the way for a self-reliant India.
Government and Policy

Budget 2020: Modi Government allocates 30 per cent higher funds for the agriculture sector

OpIndia Staff -
A 16-point action plan was put forth by the Finance Minister to help the agricultural sector and increase farmer’s wages
Government and Policy

‘We have seen a modest increase of about 8% year on year’, Army chief expressed confidence that the defence force will continue to be...

OpIndia Staff -
This year the defence forces have been allocated Rs 10,340 crore more than what was provided in last year’s budget
Fact-Check

Congress lies about Budget 2020, claims Modi Govt has reduced funds for Indian Railways: Here are the facts

OpIndia Staff -
Congress lies and claimed that the Railway Budget had been cut by the Indian government in the Budget
Opinions

Two Income Tax regimes with and without deductions, which one is better for you? A ready reckoner

Ashutosh Muglikar -
A comparative analysis between the new tax regime without exemptions and old income tax regime with exemptions and deductions
Economy and Finance

Budget 2020: Dual tax regime, a complicated tax structure that may require professional help

Guest Author -
Finance Minister Nirmala Sitharaman today announced a new dual regime of taxation for individuals and HUF (Hindu Undivided Family). This is first time in Income tax where such dual regime would be applicable. 
Politics

“Lots of repetition and rambling, Budget speech was very long”: Rahul Gandhi’s ‘constructive’ criticism on Union Budget 2020

OpIndia Staff -
The former Congress President chose to attack the government politically instead of criticising the Modi government on policy issues after presentation of budget.
News Reports

Govt clarifies Income Tax for NRIs, says only those NRIs who are not residents of any country will be taxed in India

OpIndia Staff -
If any NRI is not a resident of any country in the world, he'll be deemed to be a resident of India for Income Tax
Economy and Finance

Budget 2020: Here is the list of exemptions that taxpayers will have to give up in the new optional tax regime

OpIndia Staff -
In the Budget 2020 speech, the FM announced a new optional tax regime for taxpayers of the country.
News Reports

Budget 2020 fulfils a long-standing demand of startup community, defers tax payment on ESOPs for 5-years

OpIndia Staff -
Finance minister proposes to defer payment of tax on ESOPs by five years in budget 2020
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