Budget 2020: NBFCs seek setting up of permanent refinance window

• The shadow banking players have also asked for allowing NBFCs with strong support from their parents to access public deposits
• Banks have been reluctant to lend to the NBFC sector after a series of default by IL&FS in September 2018

Union Budget likely to raise spending to revive economic growth

Modi's government is expected to raise spending on infrastructure and cut some personal tax in its 2020/2021 budget, to spur consumer demand and investment

Govt considers US-like relief measures for NBFCs

• The US government had initiated the TARP at the height of the Wall Street financial crisis of 2008
• The US government had created a special fund to stabilize the financial system and restore economic growth

Income tax rules on gains from gold, property sale, stocks likely to change

• Budget 2020: The govt is likely to stipulate a uniform framework for equity, property and gold-for computation of capital gains
• The government is likely to extend the timeline of long term capital gains on shares to 24 months

Budget 2020: The top 5 officials working behind the scenes on Modi govt’s budget

• Nirmala Sitharaman will deliver her budget speech on February 1
• Here’s a look at five key people in the govt who are working behind the scenes to draw up the income-and-spending plan

1995-96: Pre-poll budget

The general election which followed the budget led to the defeat of the Congress govt, even though economic growth had accelerated post structural reforms unleashed in 1991

What the Union budget can do to re-energize India’s stagnant exports

• Govt needs to allocate funds for faster adoption of technology to digitize trade operations, implement new foreign trade policy
• Once growing at over 20% India’s exports have been stuck at around $300 billion for the last one decade

Budget 2020 | Increase deduction limit, say planners

Financial planners also feel the government should consider making equity instruments more rewarding for investors and simplify their structure

Opinion | Let data on fiscal multipliers guide budget allocations

A boost in capital outlays to help attract private investment is what India’s economy needs

Auto sector seeks incentive-based scrappage scheme in Budget

• SIAM recommended that incentive be given in the form of 50% reduction in GST and 50% reduction in road tax and registration charges
• SIAM has called for a reduction in GST rate on vehicles to 18% from the current 28%

UDAY not a failure, new scheme likely in Union Budget, says RK Singh

• RK Singh indicated that unlike earlier practice of having multiple schemes, the govt would channelise all efforts through one scheme
• Targeting to cut discom losses to below 15%, the minister said power would be sold on strong financial mechanism and the states would decide on their own subsidies

Higher Section 80C income tax deduction will encourage more savings

• Taxpayers expect an increase in existing 80C deduction in Budget 2020
• The finance minister should consider increasing the limit of tax-free contribution to NPS

Budget 2020: Three key tax reforms that markets expect

• Despite the downturn in the economy, markets have been scaling new peaks in the last few months on the back of various revival measures announced by the government
• Investors expect finance minister Nirmala Sitharaman to announce further stimuli to turn around the economy

Nirmala Sitharaman might remove LTCG from sale of property in Budget 2020

• The government is considering a proposal to do away with long-term capital gains tax on selling of property
• The government is also likely to extend the timeline of LTCG on shares from the current 12 months to 24 months

Three ways Budget 2020-21 can spur investment

Mint takes a look at what is guiding the finance minister while she takes steps to spur private investment

Income tax changes made during 6 years of Modi government

• Finance Minister Nirmala Sitharaman is widely expected to cut income tax rates in Budget 2020
• Here is a look at how successive budgets presented by the Modi government have reduced your income tax burden

Seniors want deposit security, more tax benefit

Retirees hope the budget increases the insurance limit for bank deposits, have products that give inflation-beating returns and better banking services