Important in Budget Today: Finances Minister says Budget 2020 to boost income and purchasing power
Nirmala Sitharaman sais "271 million people raised out of poverty between 2006 and 2016.
Finance Minister Nirmala Sitharaman presented the 2020 Union Budget Today, Here are the highlights from her Budget 2020 Speech:-
Budget Speech 2020: Point That draw attention
>> Centre’s debt as a percentage of GDP has come down to 48.7 percent as of March 2019
>> 271 million people raised out of poverty between 2006 and 2016
>> Average household now saves 4 percent of monthly spends due to GST
>> New simplified GST return system to come into force from April 2020
>> Effective tax incidence on almost every commodity has come down substantially
>> GST has resulted in logistical maturity
>> GST benefit of Rs 1 lakh crore extended to consumers
>> 6 million new taxpayers added in last four years due to GST
>> Turnaround time of trucks has reduced 20 percent due to GST
>> GST is gradually maturing into a tax that has consolidated the country economically
>> Several steps taken for the formalization of the economy
>> Fundamentals of the economy are strong
>> This Budget is to boost income and purchasing power of Indians
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Nirmala Sitharaman sais "271 million people raised out of poverty between 2006 and 2016.
Finance Minister Nirmala Sitharaman presented the 2020 Union Budget Today, Here are the highlights from her Budget 2020 Speech:-
Budget Speech 2020: Point That draw attention
>> Centre’s debt as a percentage of GDP has come down to 48.7 percent as of March 2019
>> 271 million people raised out of poverty between 2006 and 2016
>> Average household now saves 4 percent of monthly spends due to GST
>> New simplified GST return system to come into force from April 2020
>> Effective tax incidence on almost every commodity has come down substantially
>> GST has resulted in logistical maturity
>> GST benefit of Rs 1 lakh crore extended to consumers
>> 6 million new taxpayers added in last four years due to GST
>> Turnaround time of trucks has reduced 20 percent due to GST
>> GST is gradually maturing into a tax that has consolidated the country economically
>> Several steps taken for the formalization of the economy
>> Fundamentals of the economy are strong
>> This Budget is to boost income and purchasing power of Indians
Try Our Services:
Stock Cash Tips
Option Tips
Stock Future Tips
Nifty Future Tips
Mcx Tips
