Expect to announce measures to boost the economy in the budget

-

Mumbai, Ta. 29 January 2020, Wednesday

The Indian industry is expecting to announce measures to boost the economy in the budget presented on February 1st. In order to bring the country out of the current economic downturn, it is expected to cut income tax rates, increase infrastructure spending at the grassroots level and create employment generation.

Finance Minister Nirmala Sitharaman is expected to present a popular budget, saying that the government will have to announce measures to accelerate economic growth in the budget, when the country's economic growth rate is expected to fall below five percent in the current fiscal year.

In a survey conducted by the CEO of the survey, 5 percent of the CEOs estimated that the government would increase rural infrastructure spending to boost the economy. The government will have to increase rural demand, ”said the CEO of a Kolkata-based company.

More than fifty percent of the participants said that the government would not reduce the target of economic growth rate of the country. While 5% expressed hope that the government would reduce the personal income tax. In order to increase consumption, it is necessary for the government to reduce the income tax rate. Many people today shy away from buying cars and other luxury items because of their future concerns.

There is a high likelihood that employment creation measures will be announced, with 5 percent saying. If the country wants to create a five trillion dollar economy by 3, then employment generation is a first requirement.

It is also expected that the Finance Minister will announce favorable measures for foreign investors to increase the flow of foreign money into the country. Foreign investors are also expecting a softer policy from the Indian government.

The Supreme Court's ruling on the issue of Adjusted Gross Revenue has raised the mindset of foreign investors investing in the telecom sector and in the sectors, due to the huge amount of money paid by the telecom companies to the government.

Comments

Post a Comment

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro...
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja...
Read more

The brokerage firm objected to SEBI's new proposal regarding Algo Trading

-
Image
MUMBAI: Brokerage firms and fintech companies have objected to market regulator SEBI's discussion paper considering all stock trading orders issued through Application Programming Interface (API) as separate trading, saying it could adversely affect the growth of such trading from India. Algo trading is considered to be an automatic buying-selling system based on algorithms. SEBI has recently said in a discussion paper that it would create a framework for regulating Algo trading by retail investors. A senior official of a brokerage firm said that monitoring of Algo trading is a need of the hour, but such an attempt could hamper the growth of Sebi Algo trading. He added that if the suggestions made in the SEBI discussion paper were implemented, it would be difficult for brokers to make the API available. About 70% of the daily trading volume in Indian stock markets is transacted through advanced forms of algo trading. Algo Trading came to India in the year 2006, but then only se...
Read more