Tune in to this podcast to hear Moneycontrol Deputy Editor Ravi Krishnan's take on the Budget speech
The government proposed to expand the national gas grid from 16,200 km to 27,000 km, which is positive for companies like IGL, MGL, and Gujarat Gas.
For someone earning Rs 15 lakh, the tax payable will come down from Rs 2,73,000 to Rs 1,95,000
Operating ratio is a measure of the portion of revenue that goes into meeting the expenses. Hence, the lower the number, the better the performance.
The country's defence allocation crossed Rs 3-lakh crore mark for the first time in the 2019-20 budget.
Startups stand to benefit immensely in attracting talent as the ESOPs turn tax friendly.
While announcing the Budget 2020, Finance minister Nirmala Sitharaman said that Rakhigarhi in Haryana, Hastinapur in Uttar Pradesh, Dholavira in Gujarat, Shivsagar in Assam and Adichanallur in Tamil Nadu will be set up with museums on site.
Taxpayers, especially those in the higher income groups, are unlikely to benefit from the new income tax regime.
The market plunged mainly as a lot of expectations that the D-street had built in the run-up to the Budget did not materialise, said experts.
Technically, Ajit Mishra of Religare Broking feels the way benchmark ended, indications are pointing towards further fall, with some intermediate pause.
Deposit insurance coverage as a ratio of per capita income is now 4.1 times
The government said that a policy will be brought in to allow the private sector to build data center parks
Interest and penalty waived on disputed tax before March 31, 2020
Moneycontrol's Shraddha Sharma and Prince Thomas discuss the top announcements for the corporate sector and how it will boost the economy.
Tune in to this exclusive podcast where Moneycontrol's Jerome Anthony talks to Hitesh Gajaria of KPMG to find out all about the new tax regime.
Experts see it as a non-event from a market standpoint as the requirement of the hour was much more compared to what the government delivered.
Finance Minister Nirmala Sitharaman tabled the union budget for this year in the Lok Sabha on February 1.
Experts are of the view that the move is a positive one as it will strengthen the segment of the corporate bonds.
Relaxo Footwears also rallied 2 percent to hit a 52-week high of Rs 754 only to wipe out the gains.
In the quarter ended December 2019, the company received 44 percent revenue from its cigarettes business.
Here's the full text of Union Finance Minister Nirmala Sitharaman's budget speech.
Charitable institutions to provide data and register online
Section 80EEA offered an additional Rs 1.5 lakh towards the interest payment on home loans
Insurers were expecting a hike tax exemption limit for pension products, brokerages had said.