Saurav Mukherjee

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India Feb 11, 2020

Unemployment Rate in India Rises to 7.16% in January 2020, Urban Region Worst Affected At 9.7%: CMIE

The CMIE published a data showing that India had an unemployment rate of 7.16% in January 2020, which was 0.5 notches down that previous data compiled in December 2019. However, the CMIE claimed that unemployment in the urban sector registered a sharp increase in urban areas, and recorded at 9.7%.
India Feb 07, 2020

FM Nirmala Sitharaman Says 'Govt Intent On Moving Towards Simplified Tax Regime', Briefs Economists & Experts on Minutes of Union Budget 2020

Union FM Nirmala Sitharaman on Friday stated that the Centre has taken steps to simplify tax regime, while supporting the MSME sector at the same time. The FM was said that recommendations of Direct Tax Code committee were taken in consideration for finalising the tax slabs in the Union Budget 2020.
India Feb 04, 2020

Direct Tax Collections Plunge for FY 2019-20 As Economic Crisis Deepens, Revenue Slumps to Rs 7.4 Lakh Crore Against Estimated Rs 11.4 Lakh Crore

After three days of Union Budget 2020 presented in parliament, reports are coming that the Direct Tax Collections from April 2019 to February 03, 2020 stood at Rs 7.40 lakh crore versus the revised budget estimates of Rs 11.70 lakh crore. Earlier in January, the data revealed that tax collection fell by (-) 6.1% between April to January 15 of FY 2019-20.
India Feb 01, 2020

Union Budget 2020-21 Highlights: FM Nirmala Sitharaman Announces New Income Tax Slabs But With Riders, Allocates Rs 2.83 Lakh Crore For Agriculture and Rs 69,000 for Healthcare; Here Are All Updates

Union FM Nirmala Sitharaman presented the Union Budget 2020 in the parliament. She said that this budget is surrounded by three themes -- aspirational India, economic development for all and a caring society. The FM offered a massive relief to the salaried class with major cuts in the income tax rates, apart from allocating funds to revive the plunging economy.
India Feb 01, 2020

Union Budget 2020-21: Nirmala Sitharaman Estimates Nominal GDP Growth for FY 20-21 at 10%, Fiscal Deficit at 3.8%

Union Finance Minister Nirmala Sitharaman on Saturday announced that the Union Ministry had estimated the nominal growth of GDP for the year 2020-21 on the trends available, at 10 percent.
India Feb 01, 2020

Union Budget 2020 For Women: Nirmala Sitharaman Cites 'Beti Bachao Beti Padhai' Scheme, Says Ratio Enrollment of Girls More Than Boys in Education; Rs 28,600 Crore Allocated For Schemes For Women

Union Finance Minister Nirmala Sitharaman on Saturday announced that under the Beti Bachao Beti Padhao scheme, the gross enrollment of girls is higher than boys. The Union FM allocated Rs 35,600 crore for nutrition-related programmes in FY21. Further, Rs 28,600 crore will be allocated in FY21 by government for women-linked programmes, she informed.
India Feb 01, 2020

Agriculture Budget 2020-21: Nirmala Sitharaman Allocates Rs 2.83 Lakh Crore, Proposes Doubling Farmers’ Income by 2022 Under ‘Aspirational India’ Theme

Union Finance Minister Nirmala Sitharaman on Saturday presented the Union Budget 2020 in the parliament. For the agriculture and allied activities sector, Nirmala Sitharaman announced a fund allocation of Rs 2.83 lakh crore for FY 21. This includes agriculture, irrigation, rural development and Panchayati Raj.
India Jan 31, 2020

Economic Survey 2019-2020 Highlights: CEA Krishnamurthy Subramanian Advises Govt to Relax Fiscal Deficit Target To 3.3% From 3.4% for Current Fiscal Year to Revive India's Growth, Here's More From The Survey

Chief Economic Adviser Krishnamurthy Subramanian briefed the media about the Economic Survey 2019 (ES 2019), and pointed out the fiscal deficit target may have to be relaxed for current year (FY 2019-20) to 3.3 percent from 3.4 percent in the previous year (FY 2018-19), as the a 'strong rebound' to revive growth of the economy. Here's more from the survey.
India Jan 31, 2020

Union Budget 2020-21: Income Tax Slabs Rejig, Employability Boost and Inflation Control Top 3 Demands of People From Nirmala Sitharaman, ShareChat Data Prediction

Among the top three sentiments that were captured during the data analysis by ShareChat for the Union Budget 2020-21 include rejig in Income Tax slabs, boost in employability and decrease in prices of essential commodities. Here are the details.
India Jan 31, 2020

Union Budget 2020-21 Predictions: From Income Tax Rates to Railways and Agriculture, Here's What FM Nirmala Sitharaman May Offer to Boost India's Plunging Economic Growth

With liquidity crunch, joblessness, slow growth, shrinking manufacturing, aggravated agrarian woes and decline in purchasing power, Finance Minister Nirmala Sitharaman has a tough task to restore the momentum in the Indian economy. Here's what various sectors are hoping from Sitharaman's Union Budget 2020.
India Jan 29, 2020

UrbanClap-ESSCI Ink MoU to Empower Professionals, Aim to Improve Skills Training Services

India’s leading home and beauty services marketplace UrbanClap entered into a partnership with Electronics Skill Council to improve skills training services to its professionals.
India Jan 28, 2020

Coronavirus Cases in India Update: One in Goa, 5 in Haryana Detected With Deadly nCoV-2020, Toll of Suspects Reach 26 in India; Here Are The Details

Following the outbreak of 2020 novel coronavirus (2020-nCoV) in China, and Indian government claiming to find 20 suspects affected with the deadly virus, latest updates are pouring that one European national arriving in Goa and five others in Haryana were found likely to be positive. With this, the toll of suspicious cases reached to 26 on Tuesday.
India Jan 27, 2020

Union Budget 2020 Expectations: Hike in Import Duty on 300 Non-Essential Goods Likely in Nirmala Sitharaman's Bahi Khata Apart From Curb on Duty-Free Liquor

Reports are making the rounds that the Union Finance Minister Nirmala Sitharaman may consider restricting the purchase of tax-free alcohol to one bottle at duty-free shops. Also, prohibition on purchase of cigarette cartons at duty-free shops is on the cards. The possible move is being looked upon as an initiative to reduce import of over 300 non-essential goods.
India Jan 23, 2020

Vodafone-Idea, Airtel Delay AGR Payment, Write to DoT to 'Wait for Supreme Court's Decision'

Vodafone Idea and Airtel on Thursday wrote a letter to the DoT urging the Union government to wait for orders from the Supreme Court on the AGR modification pleas. In that letter, both the telecom major informed the DoT that they won't make any payment to the Union government on the last day of deadline, i.e. January 23, 2020.
India Jan 23, 2020

Gold Rate Today: Price of Yellow Metal Jumps by 0.21% at Rs 39,998 in International Market Amid Fear of Mounting Chinese Virus

India Gold February futures on Thursday began trading with higher value above Rs 39,998 for 10 grams, with a change of 0.21 percent amid the rising fears over the spread of China's new flu-like virus -- known for now as 2019-nCoV.
India Jan 22, 2020

Union Budget 2020: Nirmala Sitharaman Likely to Rejig Income Tax Slab, Aims to Revive Plunging Indian Economy With Major Announcements

Reports are making the rounds that Union Finance Minister Nirmala Sitharaman might make some changes in income tax slab on personal income. Reports state that Finance Ministry is mulling to rejig the existing IT slab aiming to revive plunging Indian economy with major announcements.
India Jan 22, 2020

Union Budget 2020: Air India Disinvestment Delayed, Nirmala Sitharaman Likely to Set Target of Raising Rs 1.5 Trillion This Year Through Strategic Sales

With ten days left for Union Finance Minister Nirmala Sitharaman to read out the Union Budget 2020, speculations are on the rise that Sitharaman might even set more ambitious disinvestment target of Rs 1.5 trillion for the year starting 1 April.
India Jan 21, 2020

Union Budget 2020 Expectations: Here's What Jewellery, Auto, Travel, E-Commerce Sectors Expect From Nirmala Sitharaman's 'Bahi Khata'

Amid the speculations of Union Finance Ministry planning to extend further incentives to salaried taxpayers in the upcoming Budget, industrialists from the jewellery, auto, travel, e-commerce and other sectors are expecting revival measures from Nirmala Sitharaman's 'Bahi Khata'. Here's what they expect!
India Jan 17, 2020

Telecom Operators Including Vodafone-Idea, Airtel May Get Some Relief on Paying $13 Billion Dues if They Commit to Pay Some Amount Immediately: Report

Union government is open to hear wear wireless carriers’ suggestions to help ease payment of Rs 1.02 lakh crore (USD 13 billion) in overdue fees after AGR blow, only if the companies commit to pay some amount immediately.
India Jan 16, 2020

Union Budget 2020: Modi Govt Mulls Cut in Import Duty on Gold, Aims to Push Exports of Indian Jewellery in Global Market

The Union government is mulling to cut the import duty on gold and the decision might be announced in the upcoming Union Budget 2020. Currently the import duty on gold is 12.5 percent. Government plan to push exports of jewellery amid decline of jewellery export of about 1.5 percent in H1 of FY 2019-20.

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Saurav Mukherjee

About the author

Unemployment Rate in India Rises to 7.16% in January 2020, Urban Region Worst Affected At 9.7%: CMIE

FM Nirmala Sitharaman Says 'Govt Intent On Moving Towards Simplified Tax Regime', Briefs Economists & Experts on Minutes of Union Budget 2020

Direct Tax Collections Plunge for FY 2019-20 As Economic Crisis Deepens, Revenue Slumps to Rs 7.4 Lakh Crore Against Estimated Rs 11.4 Lakh Crore

Union Budget 2020-21 Highlights: FM Nirmala Sitharaman Announces New Income Tax Slabs But With Riders, Allocates Rs 2.83 Lakh Crore For Agriculture and Rs 69,000 for Healthcare; Here Are All Updates

Union Budget 2020-21: Nirmala Sitharaman Estimates Nominal GDP Growth for FY 20-21 at 10%, Fiscal Deficit at 3.8%

Union Budget 2020 For Women: Nirmala Sitharaman Cites 'Beti Bachao Beti Padhai' Scheme, Says Ratio Enrollment of Girls More Than Boys in Education; Rs 28,600 Crore Allocated For Schemes For Women

Agriculture Budget 2020-21: Nirmala Sitharaman Allocates Rs 2.83 Lakh Crore, Proposes Doubling Farmers’ Income by 2022 Under ‘Aspirational India’ Theme

Economic Survey 2019-2020 Highlights: CEA Krishnamurthy Subramanian Advises Govt to Relax Fiscal Deficit Target To 3.3% From 3.4% for Current Fiscal Year to Revive India's Growth, Here's More From The Survey

Union Budget 2020-21: Income Tax Slabs Rejig, Employability Boost and Inflation Control Top 3 Demands of People From Nirmala Sitharaman, ShareChat Data Prediction

Union Budget 2020-21 Predictions: From Income Tax Rates to Railways and Agriculture, Here's What FM Nirmala Sitharaman May Offer to Boost India's Plunging Economic Growth

UrbanClap-ESSCI Ink MoU to Empower Professionals, Aim to Improve Skills Training Services

Coronavirus Cases in India Update: One in Goa, 5 in Haryana Detected With Deadly nCoV-2020, Toll of Suspects Reach 26 in India; Here Are The Details

Union Budget 2020 Expectations: Hike in Import Duty on 300 Non-Essential Goods Likely in Nirmala Sitharaman's Bahi Khata Apart From Curb on Duty-Free Liquor

Vodafone-Idea, Airtel Delay AGR Payment, Write to DoT to 'Wait for Supreme Court's Decision'

Gold Rate Today: Price of Yellow Metal Jumps by 0.21% at Rs 39,998 in International Market Amid Fear of Mounting Chinese Virus

Union Budget 2020: Nirmala Sitharaman Likely to Rejig Income Tax Slab, Aims to Revive Plunging Indian Economy With Major Announcements

Union Budget 2020: Air India Disinvestment Delayed, Nirmala Sitharaman Likely to Set Target of Raising Rs 1.5 Trillion This Year Through Strategic Sales

Union Budget 2020 Expectations: Here's What Jewellery, Auto, Travel, E-Commerce Sectors Expect From Nirmala Sitharaman's 'Bahi Khata'

Telecom Operators Including Vodafone-Idea, Airtel May Get Some Relief on Paying $13 Billion Dues if They Commit to Pay Some Amount Immediately: Report

Union Budget 2020: Modi Govt Mulls Cut in Import Duty on Gold, Aims to Push Exports of Indian Jewellery in Global Market

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