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Topic: Budget 2020

File image of Finance Minister Nirmala Sitharaman in the Lok Sabha | Photo: Lok Sabha TV/PTI

Relief for India’s overseas students, govt cuts 5% ‘tax at source’ Budget proposal to 0.5%

Among amendments to the Finance Bill moved by Nirmala Sitharaman, the govt has clarified that NRIs will only be taxed on income they earn in India.
Union Finance minister Nirmala Sitharaman at Income Tax Day event in New Delhi | Suraj Singh Bisht | ThePrint

I-T cases being arbitrated abroad will be eligible under proposed ‘Vivad se Vishwas’ scheme

The I-T department in advertisements in leading dailies said that appeals and writs filed on or before January 31 this year will be allowed to be taken up by it.
Narendra Modi

Facing a fiscal crisis for long, Modi govt now seems to be pushing states into a crisis too

Either Modi govt is expecting a revenue windfall that will be passed on to states, or states will be squeezed even further. My guess is it will be the latter.
LIC headquarters in Mumbai

How the LIC mega IPO can also help reform India’s larger financial sector

If done right, IPO can bring transparency & efficiency to LIC, ensure govt doesn’t force it to buy weak PSUs, and improve resource allocation in the economy.
Prime Minister Narendra Modi with US President Donald Trump during the ‘Howdy! Modi’ event in Texas last year | Photo: Scott Dalton | Bloomberg

Sanjaya Baru on altered India-US relations, Ruchir Sharma & Sandipan Deb go to the Oscars

Today’s political, economic & strategic punditry from Sanjaya Baru, Ashok Gulati, Ruchir Sharma, Tamal Bandopadhyay, Prabha Kotiswaran & many others.
RBI governor Shaktikanta Das | Praveen Jain/ThePrint

Budget proposals unlikely to have inflationary impact, says RBI Governor

Das says that the government has tried to remain within the fiscal deficit roadmap set under the Fiscal Responsibility and Budget Management Act.
MNS Rally in Mumbai

BMC’s ‘blatant oversight’ that has Raj Thackeray’s MNS riled up

Pre-Truth — snappy, witty and significant snippets from the world of politics and government.
Finance Minister Nirmala Sitharaman | Photo: Suraj Singh Bisht | ThePrint

To meet fiscal deficit target, Sitharaman’s Budget leaves out some expenditure

Govt has provided Rs 30,000 cr as against Rs 74,340 cr proposed by 15th finance commission, towards revenue deficit grants to states & has made no allocation for bank recapitalisation.  
Modi-Riyadh-FII

PM Modi says India won’t waste time now, budget will help achieve $5 trillion target

Noting that only 2,200 people in the country had declared earnings of Rs 1 crore per annum, PM Modi called on citizens to honestly pay their dues to ensure India's development.
AAP supporters at party headquarters | Photo: Praveen Jain | ThePrint

AAP victory trumps hyper-nationalism, says Express & governance new nationalism, says TOI

Santosh Desai, Satish Deshpande, Suhas Palshikar on AAP's landslide victory in Delhi and Shankar Acharya, Nirvikar Singh on Budget 2020.

On Camera

File photo | TB patients wait to receive treatments, offered free by Delhi Tuberculosis Association, at Chandni Chowk, New Delhi | PTI

India’s long TB battle has 3 key lessons for fighting the coronavirus

Tuberculosis keeps coming up in the context of the novel coronavirus pandemic. India’s tuberculosis burden has taught us a thing or two about infection control.
Illustration: Soham Sen | ThePrint

Ramayan on DD: Best way to keep India’s elderly indoors or show the young TV beyond Netflix?

Ramanand Sagar’s Ramayan, which was a rage in the late 1980s, has made a comeback at a time when the 21-day lockdown has forced people indoors.

Defence

File image of medical staff at isolation ward where 3 patients were admitted for suspected coronavirus infection, in New Delhi | ANI

Army doctor and JCO test positive for Covid-19, both had travelled to Delhi separately

The latest cases have come over 10 days after an Army jawan in Leh tested positive for Covid-19 to become the first its victim in the 13-lakh strong force.

Modi’s India isn’t Mao’s China. Silly forecasts assume we’ll let corona kill millions of us

There are many scary scenarios about how badly we Indians may be affected or how many killed by Covid-19. But they presume we will do nothing to influence our fates.