Medical inbound tourism, already on the rise, will get a boost with addition of Tier-II and -III hospitals

The Union Budget had proposed on Saturday that NRIs have to pay up taxes on global earnings, if they're not paying in any other jurisdiction or country, generating much debate

'The disappointment is on the lack of bold, out of the box measures to tackle the current economic slowdown'

Slowdown in economic growth has taken a clear toll on revenue growth

It has restored confidence of businesses as well as provided on-ground support that MSMEs need and farmers deserve, Co-founder of Udaan said

Abolishing DDT will attract investments, said Ajit Menon, CEO of PGIM India Mutual Fund

The FM disagreed with experts who termed the new tax regime complex and unavailing saying it would benefit some taxpayers, if not all

On Saturday, the benchmark indices closed near their day's lows, indicating further selling pressure on the following trading day

The tax proposals are aimed at stimulating growth, simplifying tax structure, bringing ease of compliance and reducing litigation

Economists and industry leaders said the budget proposals would provide some support to growth over the longer term but were insufficient to give it an immediate boost

Finance minister clarified that only Indian income of NRIs is proposed to be taxed under the new provision

Real estate developers' apex bodies CREDAI and Naredco have also expressed disappointment over the Budget as their demand of one-time restructuring of builders' loan was not met

Has Finance Minister Nirmala Sitharaman delivered a fiscally prudent and growth-oriented Budget 2020? Business Standard Chairman T N Ninan and Editorial Director A K Bhattacharya discuss

He said the Budget gives an option to individuals to migrate to a new regime by foregoing their existing exemptions and deductions for a lower tax rate

He further said if the government will be able to achieve disinvestment target of 2020-21 then the Budget will be very successful

She further said that many people have been speculating that the fiscal deficit would cross 4%

An evaluation of 13,000 MSMEs using the CRISIL Quantix database shows that working capital comprises over half of their need for debt

Power ministry has been planning it for two years, but with limited success

15 entities owe the government about Rs 1.47 trillion in past dues -- Rs 92,642 crore in unpaid licence fee and another Rs 55,054 crore in outstanding spectrum usage charges

But receipts from firms stand at a whopping Rs 1.33 trillion for FY21

The retail inflation that for several months remained in the comfort zone of the central bank has started inching up and crossed the 7 per cent mark during December 2019

Tourism bodies say Indians spending Rs 9,000 cr abroad abroad due to poor domestic infra, which cannot be improved with this allocation

There are 13 unions in LIC, and employees and officers affiliated to 11 unions were on protest

In July presenting her maiden Budget, Sitharaman had spoken for 2 hours 17 minutes

National powermen body to stage protests against 'anti-people' proposals

FM says country's macroeconomic parameters are sound

Price increase brought on by spike in National Calamity Contingency Duty announced in Budget

The size of the UP Annual Budget 2020-21 is expected to breach the historic mark of Rs 5 trillion

Finance ministry to come out with detailed rules on Vivad Se Vishwas Bill in a couple of days

"All these expenditures are unlikely to be imparting any fresh growth stimulus to the Indian economy," he argued

India's GDP growth is expected to slip to a decadal low of 5 per cent this fiscal, pressured by domestic factors like drop in consumption, as well as global issues

Budget estimates fiscal deficit to be at 3.4%, within permissible limit of FRBM target

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