Moneycontrol PRO

Budget 2020-21 – How credible are the numbers?

So, the first Budget of the new decade is dotted with numbers that leave more questions than answers and is unlikely to decisively lift the pall of gloom from the economy and the markets.

February 03, 2020 / 06:45 PM IST
Budget 2020-21 – How credible are the numbers?

Finance Minister Nirmala Sitharaman arrives at her office before leaving for Parliament to present the federal budget in New Delhi. (Image – Reuters)

Madhuchanda Dey Moneycontrol Research Highlights - FRBM target gets shifted - FY20 revenue numbers questionable - FY21 tax revenue numbers credible - FY21 non-tax revenue numbers raise numerous questions - No significant jump in capital expenditure that calls for celebrations Desperate circumstances call for extraordinary actions and there is no doubt that the current environment of growth slowdown is certainly one that calls for special measures. The government has, therefore, used Section 4 (2) of the FRBM Act (fiscal responsibility and budget management) that provides for a trigger...

  • PRO Panorama

    Moneycontrol Pro Panorama | GST: A simple, reliable tax still a distant dream?

    May 20, 2022 / 04:41 PM IST

    In today’s edition of Moneycontrol Pro Panorama: A peek into Strategy Lab, ITC makes it to Weekly Tactical, wide canvas for Nazara, shock proof your portfolio and more

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers