Like every year, the Union Finance Minister has a tough task at hand to balance public expectations and deliver a budget that would put India back on a growth track, especially after the long disruption caused by the ongoing Covid-19 pandemic which has impacted the entire nation in more ways than one.
Budget
India Bonds Face Pivotal Week Ahead of Budget, RBI Meeting
RBI Meeting : Investors in India’s $950 billion sovereign bond market are on tenterhooks this week as they await another huge borrowing plan from the government and central bank guidance on measures to support the market.
Budget 2020: Commerce Ministry Seeks a Reduction in Import Duty on Gold Market
The Union commerce ministry has sought a reduction in the import duty on gold in the coming Union Budget, with a view to pushing manufacturing and export of the gems and jewellery sector, a source said.
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Union Budget 2019 India : Duty Hike May See Gold Smuggling Rise
Gold Silver Reports (GSR) – The 2.5% hike in customs duty on gold and precious metals proposed by Nirmala Sitharaman may see a rise in smuggling and illegal sale of the yellow metal. Traders last week had rued that the quantity of smuggled gold sold in the black market was rising due to skyrocketing prices.
GOLD DUTY DECISION INDIA BETWEEN NEAR 12.30—1.30 PM – BUDGET 2019
Gold Duty Decision India Between Near 12.30—1.30 Pm – Budget 2019
Indian Budget Squeeze May Put Corporate Tax Cuts on Hold
Gold Silver Reports – Indian Budget Squeeze May Put Corporate Tax Cuts on Hold — Businesses waiting for Indian Prime Minister Narendra Modi to follow through on a pledge to cut corporate taxes may need to wait a bit longer.
India Finance Minister Says Don’t ‘Panic’ Over Slowdown
Gold Silver Reports – Finance Minister Arun Jaitley said India needs to find a balance between fiscal prudence and spending — and there’s no need to panic — as he tries to dig the economy out of its deepest slump in three years.