DIRECT TAXATION New Tax slab (without 80C and other exemptions): No tax: 0-2.5 5% between 2.5-5 lakh 10% tax between 5-7.5 lakh 15% between 7.5-10 lakh 20% between 10 lakh-12.5 lakh 25% between 12.5-15 lakh 30% between above 15 lakh Old Tax slab (with Exemptions): (those who wish to claim rebates and concessions are free […]
2019-20 2020-21 Total Budget Outlay (Payments) 27,33,541.11 Cr. 29,40,739.08 Cr. Receipts 22,48,038.02 Cr. 23,31,444.66 Cr. Fiscal Deficit (4,85,503.09) Cr. 6,09,294.42) Cr. % Fiscal Deficit to GDP 3.80% 3.50% Sector of Expenditure Budgeted (19-20) Revised Estimates (19-20) Future Budget (20-21) Pension 174300 184147 210682 Defence 305296 316296 323053 Subsidies 301694 227255 227794 Agriculture & allied […]
India Budget: Watch out for rupee gains The Indian rupee could get stronger if investors, especially the foreign ones, react positively to the latest proposals in the Budget for 2020-21. If they do, more foreign funds coming into the markets could firm up the rupee’s recent weakness. The currency had been under significant pressure each […]
प्रधानमंत्री मोदी के आलोचकों को बजट में करारा जवाब मिला है। वित्त मंत्री निर्मला सीतारमण ने उन सभी सवालों का जवाब दियाजो विपक्ष लगातार उठाता आ रहा था। चाहे वह कृषि के क्षेत्र में हो,या आम आदमी से जुड़ा हो। उद्योग या निर्यात की बात हो या फिर इंफ्रास्ट्रक्चर डेवलपमेंट की बात। रोजगार के मुद्दे […]
This budget for vibrant economy fundamentals of economy is strong paid homage to Arun Jaitley inspector raj is abolished one lakh crore benefit passed to consumer 60 lakh new taxpayers added 270 million people are taken out from poverty ease of living to every citizen inspirational india encourage to state govt for three model law […]
The nominal GDP of the top 10 economies adds up to about 66% of the world’s economy, while the top 20 economies contribute almost 79%.1 The remaining 173 countries together constitute less than one-fourth to the world’s economy. 1-U.S. Nominal GDP: $21.44 trillion U.S. GDP (PPP): $21.44 trillion 2-China Nominal GDP: $14.14 trillion China GDP […]
