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Budget 2020 News & Updates


A top tax expert decodes the new Income Tax regime changes announced in the Budget

A top tax expert decodes the new Income Tax regime changes announced in the Budget

In spite of major concessions announced by way of an ordinance in October 2019, the Indian economy continued to dwindle in the backdrop of the global economic meltdown. The current economic...

If you earn ₹15 lakh, you save ₹15,600 with the new tax regime but you can’t claim tax benefits worth ₹73,000

If you earn ₹15 lakh, you save ₹15,600 with the new tax regime but you can’t claim tax benefits worth ₹73,000

The new tax regime could mean savings of up to ₹15,600 for people earning more than ₹13 lakh per month. A person earning ₹15 lakh will be losing out on at least ₹73,000 in tax benefits as t...

Elon Musk alert! India just hiked customs duty on imported electric vehicles to 40%

Elon Musk alert! India just hiked customs duty on imported electric vehicles to 40%

Electric vehicles are all set to get dearer thanks to increase in customs duty rates by up to 67%. Elon Musk had earlier said Tesla might run on Indian roads in 2020. The increase in custom...

This is how top startup founders reacted to budget 2020

This is how top startup founders reacted to budget 2020

Finance Minister Nirmala Sitharaman called startups the ‘strength of India’ as she pushed “job seekers” to turn “job creators”. In a big move, employees at startups who have stock options w...

Smart electric meters, quantum computing, gene mapping and other absolutely new announcements in budget 2020

Smart electric meters, quantum computing, gene mapping and other absolutely new announcements in budget 2020

Nirmala Sitharaman broke her own record of “the longest speech” ever, during the Union Budget 2020 at the Lok Sabha. But that is not the only new thing. Her ‘Bahi-khata’ had many new scheme...