This document provides a summary of a presentation on the Indian budget for 2019. It discusses key achievements and initiatives of the Modi government, highlights from the Economic Survey and budget, an analysis of the budget, and its potential impacts on various industries. The budget aims to reform, perform and transform the Indian economy to become a $5 trillion economy by 2024-25 through initiatives like increased infrastructure spending, tax benefits, and promoting sectors like digital, renewable energy, startups, and manufacturing. Expert opinions praise the focus on connectivity and infrastructure but some criticize it as lackluster and not providing a clear direction.
Deloitte India’s Edition IV of India Corporate Fraud Perception Surveyaakash malhotra
Deloitte India has released the India Corporate Fraud Perception Survey, Edition IV to understand the leadership perspective about corporate fraud in the disruptive environment. The survey report has been drawn from the responses of leading CXOs and working professionals to a questionnaire provided to them. The survey highlights fraud schemes, corporate fraud preparedness, fraud risk management framework, and the role of technology in preventing corporate fraud. See More: https://www2.deloitte.com/in/en/pages/finance/articles/in-fa-india-corporate-fraud-perception-survey-edition-IV-noexp.html
Deloitte Survey Results: Understanding the Effect of the Union Budget 2021 on...aakash malhotra
Deloitte conducted a survey to analyze and understand the expectations from the Union Budget 2021 and industry leaders’ outlook towards it. The survey was conducted online for senior professionals across various industries and categories of organizations. A total of 180 responses from 9 industries were recorded for a survey consisting of 10-12 questions. 70% of industry leaders are optimistic about the economic growth of India in 2021-22. Read the survey results to learn more: https://www2.deloitte.com/in/en/pages/tax/topics/UnionBudget2021-22highlights.html
Deloitte India: What the union budget 2021 brings?aakash malhotra
The Union Budget of 2021 was presented on 1 February 2021 by the Finance Minister, Smt. Nirmala Sitharaman. Deloitte India analyses how the presented budget turned out against expectations. Experts bring forth Deloitte’s View regarding the key highlights of the budget. The presentation also studies the impact of the budget on tax and various industries including, the banking sector, insurance, and healthcare sector. Download here and learn more.
Deloitte India’s Edition IV of India Corporate Fraud Perception Surveyaakash malhotra
Deloitte India has released the India Corporate Fraud Perception Survey, Edition IV to understand the leadership perspective about corporate fraud in the disruptive environment. The survey report has been drawn from the responses of leading CXOs and working professionals to a questionnaire provided to them. The survey highlights fraud schemes, corporate fraud preparedness, fraud risk management framework, and the role of technology in preventing corporate fraud. See More: https://www2.deloitte.com/in/en/pages/finance/articles/in-fa-india-corporate-fraud-perception-survey-edition-IV-noexp.html
Deloitte Survey Results: Understanding the Effect of the Union Budget 2021 on...aakash malhotra
Deloitte conducted a survey to analyze and understand the expectations from the Union Budget 2021 and industry leaders’ outlook towards it. The survey was conducted online for senior professionals across various industries and categories of organizations. A total of 180 responses from 9 industries were recorded for a survey consisting of 10-12 questions. 70% of industry leaders are optimistic about the economic growth of India in 2021-22. Read the survey results to learn more: https://www2.deloitte.com/in/en/pages/tax/topics/UnionBudget2021-22highlights.html
Deloitte India: What the union budget 2021 brings?aakash malhotra
The Union Budget of 2021 was presented on 1 February 2021 by the Finance Minister, Smt. Nirmala Sitharaman. Deloitte India analyses how the presented budget turned out against expectations. Experts bring forth Deloitte’s View regarding the key highlights of the budget. The presentation also studies the impact of the budget on tax and various industries including, the banking sector, insurance, and healthcare sector. Download here and learn more.
The Union Budget was presented on 28th February, 2013 in the Parliament. It was being touted as a good mix of growth and reform. The major challenges outlined by the Economic Survey, RBI as well as by the FM were in respect of considerably reduced estimated growth of GDP, increase in fiscal deficit, mounting current account deficit and high inflation rate.
Newsletter on daily professional updates- 3rd October 2019CA PRADEEP GOYAL
Success is no accident. It is hard work, perseverance, learning, studying, sacrifice and most of all, love of what you are doing or learning to do.
Here is your Daily dose of professional updates in newsletter form- 3rd October 2019.
Economic impact of the video services industry in India(2019)Social Samosa
Deloitte India in collaboration with FICCI has released a report today on the Economic Impact of the film, television, and online video services industry in India, 2019.
Exclusive report on budget 2015 16 by epic research private limitedEpic Research Limited
Epic Research Private Limited Budget Simplified Version of the Union Budget 2015-16. This report includes all the highlights and overview of the union budget as well as Railway Budget of India.
The Union Budget was presented on 28th February, 2013 in the Parliament. It was being touted as a good mix of growth and reform. The major challenges outlined by the Economic Survey, RBI as well as by the FM were in respect of considerably reduced estimated growth of GDP, increase in fiscal deficit, mounting current account deficit and high inflation rate.
Newsletter on daily professional updates- 3rd October 2019CA PRADEEP GOYAL
Success is no accident. It is hard work, perseverance, learning, studying, sacrifice and most of all, love of what you are doing or learning to do.
Here is your Daily dose of professional updates in newsletter form- 3rd October 2019.
Economic impact of the video services industry in India(2019)Social Samosa
Deloitte India in collaboration with FICCI has released a report today on the Economic Impact of the film, television, and online video services industry in India, 2019.
Exclusive report on budget 2015 16 by epic research private limitedEpic Research Limited
Epic Research Private Limited Budget Simplified Version of the Union Budget 2015-16. This report includes all the highlights and overview of the union budget as well as Railway Budget of India.
Edelman India Analysis
Standing in for Mr Arun Jaitley, Finance Minister (FM), Piyush Goyal presented the Union Budget of India earlier today. Highlighting achievements of various Government schemes, Mr Goyal stated that the Government led by Prime Minister Modi has been the most decisive and transformational in executing structural reforms.
Focused on rural and inclusive development over the next 5-10 years, the Budget included significant announcements ahead of the General Elections while also outlining ten dimensions of the Government’s Vision for India’s development by 2030. The launch of, “Pradhan Mantri Kisan Samman Nidhi (PM-KISAN),” which aims to supplement rural income, captured the limelight of this year’s budget. The middle class has also benefited with higher gratuity, broadening of the tax-exempt bracket and waivers on income tax on notional rent. A mega pension scheme for workers in the unorganised sector was also announced along with health coverage under the ‘Ayushman Bharat’ scheme.
The Government has budgeted for overall expenditure of INR 27.8 trillion in 2019-20, an increase of 13% over the previous year’s estimates, while targeting a fiscal deficit of 3.4% in 2019-20 and 3% in 2020-21.
This presentation has been prepared to give a glimpse of Union Budget 2017-18. It will come handy for management students who have Finance as one of their subjects.
Edelman India Public Affairs team provides an analysis of the Union Budget 2018-19 tabled in Parliament on Feb 1 -- featuring opinions from eminent economists and industry experts.
Contributors include:
Mr. T.S. Vishwanath
Partner, APJ-SLG Law Offices and Senior Advisor, Edelman India
Mr. Nirankar Saxena
Deputy Secretary General, FICCI
Dr. Geethanjali Nataraj
Professor of Applied Economics, Indian Institute of Public Administration
Dr. Amir Ullah Khan
Development Sector Economist, Professor and Director at the Maulana Azad National Urdu University, Visiting faculty of Economic Policy at the Indian School of Business
Mr. Neeraj Bansal
Partner and Head – ASEAN Corridor and Building, Construction and Real Estate sector, KPMG in India
Mr. Ravi S. Kochak
Former Additional Member (Production Units), Indian Railways
A budget is a quantitative expression of a financial plan, we all know that but, not everyone understands the whole of Budget. For this reason alone, the budget views are presented in a PPT format for your reference.
A presentation by CA Manish Hingar
The Union Budget for 2018-19 was proposed by Mr. Arun Jaitley on 1st February 2018. The budget proposes significant initiatives for rural & agricultural development, generation of employment, skill development and upgrading infrastructure, but, provides little incentive to the taxpayers. Sharing with you the highlights of this year's Budget.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
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What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
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Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
3. Modi 1.0 achievements
An overview of Economic Survey 2019
Highlights of Budget 2019
Budget Analysis (Good, Bad, ugly)
Budget at Glance ( Rupee comes from and
goes to)
Impact of Corporate India
Expert opinion
4. Macro Economic Stability
Cooperative Federalism initiated
Infrastructure
Framework for corporate sector survive
Pathway for Trickle down
5. Macro Economic Stability :
i) 6th Largest Economy
ii) Low level of Inflation
iii) Sufficient Forex Reserves,
iv) Positive FDI inflows
v)Economy grows to $2.75 trillion despite
slowdown global economy
Cooperative Federalism initiated :
i) State share from taxes increased from 32 to 42%
ii) GST Council
6. Infrastructure :
i). Rural Electrification
ii). National Highways
Framework for corporate sector survive :
IBC : Insolvency and Bankruptcy Code
Pathway for Trickle down :
i) Aadhhar
ii). PMJDY
iii).DBT
7. Uncertainty across the world
To become $5 trillion mark by FY2024- 25, the
survey said.
India will need to grow at 8% per year to reach the
target
Special privileges for top taxpayers
Road construction in kms grew at 30 kms per day in
2018-19.
The overall Index of Eight Core Industries registered a
growth rate of 4.3% 2018-19
8. Pradhan Mantri Ujjwala Yojana (PMUY) ; More than
7.189 crore LPG connections
Overall tele-density is 90.10%, Rural tele-density is
57.50% and Urban tele-density is 159.66% at the end
of March 2019
As electric vehicles represent the next generation in
sustainable mobility, India must emphasize on them.
(electric cars is only 0.06 per cent when compared to
2 per cent in China and 39 per cent in Norway)
The Unemployment Rate was 8.9% with 8.5% in rural
areas and 9.6% in urban areas.
NPAs as a percentage decreased from 11.5% to 10.1%
between Mar 2018 & Dec 2018
9. Indirect taxes fell short of budget estimates by about
16 per cent.
FDI inflows grew by 14.2% in 2018-19 ($ 64
billion)
India’s foreign exchange reserves placed at US$
422.2 billion, as on 14th June 2019
Growth in service exports and imports in US dollar
terms declined to 5.5% and 6.7% respectively in
2018-19
10. Doubling famers income by 2022
Reform, Perform and Transform
Encourage MSMEs as a growth engines
To become commercially viable Space technologies
hub
Disinvestment : the target of 1,05,000 crore
New Jalshakti Mantralaya
Gandhipedia to sensitivize society
11. Investment driven economy (Consumption ,
Demand, Employment, Growth)
Housing for all
Promote PPP mode of investments
Encourage External source of financing
Relaxation of FDI and FPI Norms
TV channel to be launched for promoting startups
and to help matchmaking for funds.
New national educational policy hopes to transform
Indian education into one of the best in the world,
with focus on bringing in foreign students.
12. ₹50 lakh crores proposed for Railway
infrastructure.
Infrastructure Program with 100 Lakh crore for the
next 5 years
Encourage corporate India Inc operation by
providing 25 % tax rate ( < 400 crore turnover)
Encourage Equity culture Indian investors ( public
shareholding limit extended to 35 from 25%)
Encourage Digitalization and discourage cash
transactions ( TDS @2% if withdrawals >1crore per
annum)
13. Fastest growing major economy in the world : 6.8%
3 trillion Economy by 2019-20
5 trillion Economy by 2024-25
New social Stock Exchange
Borrowing funds :
Debt to GDP ratio reaches to 48% in 2018-19
Sovereign external debt to GDP ratio amongst the
lowest globally at lessthan5%.
PAN and Aadhaar will become interchangeable. You
can use your Aadhaar number to file your I-T
Returns soon.
14. Super rich tax , those who have a range of ₹2-5 crore
and ₹5 crore-and-above brackets will see increase in
effective tax rate by 3% and 7%, respectively.
GST rate on electric vehicles proposed to be lowered to
5%.
Additional income tax deduction of ₹1.5 lakh on
interest on loans taken to purchase electric vehicles.
Additional deduction of ₹1.5 lakh on loans up to March
31 2020 for buying affordable houses, giving ₹ 7 lakh
benefit to home buyers.
Proposal to provide Aadhaar cards for NRIs with Indian
passports, after their arrival in India, with no waiting
period.
₹20 coin coming up.
15. Excise duty on fuel hiked by ₹1.
To resolve the angel tax issue,
TDS of 2% on cash withdrawals exceeding ₹1 crore
in a year from bank accounts, to discourage
business payments in cash.
Period of exemption for capital gains arising from
sale of house for investment in startups to be
extended to March 31, 2021.
₹70,000 crore in recapitalization for public sector
banks.
₹1.05 lakh crore disinvestment target for the year.
16. Aadhaar-PAN interchangeability
EVs on a faster road
One nation, one card for seamless mobility
Rs 70,000 crore for banks
NRIs to get Aadhar on arrival
Breather on Angel Tax
Reform of rental housing
17. 3,000 pension per month for informal sector
workers Around 30 lakh workers
Local sourcing norms to be eased for single brand
retail
To merge NRI portfolio with FPI route
Zero-Budget farming
A new education policy
Efforts will be made to bring in foreign students
under a Study in India plan
Promote research in the country.
18. The Bad:
Corporate Tax
Defence
Jobs
The Ugly:
Tax dampener Standard deduction and TDS
threshold didn't find a mention in Sitharaman's budget
LTCG remains a pain in the neck
Super-rich have bad news
Fuel bill
Raiding the RBI
19. Rupee Comes from :
Customs
4%
Borrowings
and Other
Liabilities
20%
Corporate Tax
21%
GST
19%Income
Tax
16%
Non debt
Capital
Receipts
3%
Non Tax
Revenue
9%
Union Excise
Duties
8%
20. Rupee Goes to :
Central Sector
Schemes
13% Centrally
Sponsored
Schemes
9%Defence
9%
Finance
Comm. &
Transfers
7%
Interest
Payments
18%
Other
Expenditure
8%
Pensions
5%
States’ Share of
taxes & Duties
23%
Subsidies
8%
21. Financial Services
Automotive
Defence
Real Estate
Startup
Technology
Chemical
Telecom
22. Financial Markets and Financial services :
Action plan to deepen corporate debt market
Roadmap for making india a hub for Aircraft
financing and leasing activities
Investments made by FPIs to be allowed in listed debt
securities by REITs, InvITs
Regulatory authority for housing finance to move
back to RBI from NHB
Govt. Allow AA rated bonds to be used as collateral in
tri party repo market
Public shareholding limit increased from 25 to 35%
Existing KYC norms for foreign portfolio investors to
be rationalised
23. Automotive industry :
Emphasis on Electric vehicles
Tax exemption worth of 1.5 lakh interest paid on loan
taken to purchase an electric vehicle
Incentives to setup mega manufacturing plants for
lithium batteries
Suggestion to GST to reduce GST for electric vehicles
from 12 to 5% for electric vehicles
Basic customs duty will be increased on certain auto
parts to promote make in india initiative
Customs duty exemption on import of electric vehicle
parts
Increasing the fuel cost and encouraging the adoption of
electric vehicles will adversely affect the traditional auto
companies
24. Defence:
Govt .emphasixed on an immediate requirements to
moderanize and upgrade the sector.
Secure national borders and reduce defence imports
Customs duty exemption to military equipments and
parts which are not produced in india and import by
MOD
Real Estate :
Encourage REITs for funding sources
Additional deduction of 1.5 lakhs ; interest on
housing loan
25. FMCG:
Consumption driven strategy to boost the economy
Local source norms for single brand retail sector to
be relaxed
Pension benefit to be extended to 3 crore retail
traders and small shop keepers with annual
turnover of Rs.1.5 crore
26. Startups:
According to a recent NASSCOM-Zinnov report,
India has emerged as the third biggest startup hub in
the world and received a total funding of $4.3 billion
in 2018
Indian startups have created over 40,000 jobs during
FY2018-19 and many are also expanding into foreign
markets
Indian startups got some relief from Angel Tax
The government has pushed for the use of digital
technologies through initiatives such as National
Programme on Artificial Intelligence (AI) and the
establishment of nine centres of technological
excellence
27. Technology:
Development of digital economy
Data hub:
First indigenously developed payment ecosystem
for Transportation
Dedicated online portal for providing loans to
MSMEs
20 technology business incubators to facilitate
development of skilled entrepreneurs in agro rural
industries
Focus on new age skills such as AI, IOTs, Bigdata,
3D Printing , Virtual reality and robotics
28. Chemical :
Double farmer Income by 2022 and
Announcement of 10,000 Farmer Producer
Organization : Boost to Agro chemical companies
29. Infrastructure:
Invest 100 lakh crore for the next 5 years
Road : Bharatmala phase 2 to be launched. State
road networks will be developed
Air : World’s third largest domestic aviation market
UDAAN: Number of Operational Airports crossed 100
Shipping and Inland waterways :
Jal Marg Vikas project and Sagarmala initiatives
Rail: PPP in railways infra development
657 km Metro rail network already operational.
30. National Common Mobility Card launched
PPP of Indian Railways to invest 50 lakh crore
Affordable housing under PMAY
Vision for connectivity of Infrastructure
Gas Grid-water grid-Power grid-Inland waterways
–Regional Airports
Propose to start Credit Gurantee Enhancement
corporation
Action plan for deepen long term bond market
Govt to promote Maint
31. Telecom :
Special scheme to be introduced to invite global
companies to set up mega manufacturing plants in
advanced tech areas such as semi conductor fabricators
Exempted for import customs duty on printed circuit
board assembly, chargers, Camera modules of cellular
mobile phones
Increase in the rate of basic customs duty on optic fibres
from 10 to 15%
The government expects a 28% increase in non-auction
revenue at Rs 50,519.8 crore in the fiscal year 2019-20
from the telecom sector against Rs 39,245 crore earned
in the previous fiscal year
32. Tax benefits to international finance service centre
(IFSC) near Gujarat International Finance Tec-City
(Gift-City), Ahmedabad.
A major benefit to businesses operating in the GIFT
City at Gandhinagar is in the form of doubling the
tax holiday to 10 years,
Exemption from dividend distribution tax (DDT),
Exemptions on capital gain to alternate investment
funds (AIFs) and interest payment on loans taken
from non-residents
33. Currently, an IFSC unit is allowed deduction of 100
per cent of profits for the first five consecutive years
and 50 per cent for the next five consecutive years
from the year of commencement.
Sitharaman proposed to hike this to a 100 per cent
profit-linked deduction under the Section 80 LA in
any 10-year block within a period of 15 years from
the date of commencement.
34. Shyamal Mukherjee, chairman - PwC India
“Re-iterates the government’s thrust on minimum government
and maximum governance. Ramping up infrastructure
investments to ₹20 lakh crores a year would help India move
to the 8% growth trajectory”.
Amit Gupta, director, Deloitte
“The Budget places a holistic focus on demand for
connectivity across rural and urban markets”.
Motilal Vora , Congress Leader:
“ An utterly lackluster, non descript, uninspiring and
directionless budget”
35. “The Road map for sustainable India in meeting
aspirations of young India”