Tapping into the burgeoning BFSI market
See Overview
The Consumer & Retail sector is growing rapidly and is extremely dynamic. Due to constant disruption, managing business has become complicated and cumbersome.
See Overview
Our healthcare and life sciences advisory team brings together a combined experience of over 50 years to help businesses navigate through changes, new...
See Overview
At Grant Thornton in India, our automotive team works with a wide variety of clients to help them achieve their goals and increase shareholder wealth. Our...
See Overview
M&E practice encompasses team of dynamic professionals with deep technical knowledge and extensive experience of working across segments say television, print,...
See Overview
Tailored service offerings to Not for Profit organisations and CSR compliance services for dynamic businesses
See Overview
At Grant Thornton, we assist dynamic Indian businesses in the Real Estate & Construction sector throughout their business life cycle by offering robust...
See Overview
Finance Minister presented the Union Budget 2020 under three prominent themes
![]() |
![]() |
![]() |
Aspirational India | Economic Development | Caring Society |
Some of the key features of the Union Budget are:
![]() |
Moving ahead with aspirations The Budget provides special emphasis on agriculture, irrigation and rural development through 16 action proposals. Further, a New Education Policy is proposed to be introduced. To augment local water sources, Jal Jeevan Mission has also been announced. |
![]() |
Laying a roadmap for economic development The Budget also laid down the proposal for setting up five Smart Cities in collaboration with the states under a PPP mode. A National Logistics Policy will be launched, providing impetus to the infrastructure sector. Further, it is proposed to set up a project preparation facility to enable recent pipeline projects. |
![]() |
Incentivising clean air The government has announced incentivising states for formulating and implementing plans for ensuring cleaner air in big cities. A budgetary allocation of INR 4,400 crores for FY 2020-21 has been made. |
![]() |
Key tax proposals The Budget proposes to abolish Dividend Distribution Tax (DDT) from 1 April 2020. The dividends will consequently be taxable in the hands of the shareholders. Further, the Budget proposes introduction of a new personal tax regime. This new regime is optional for the taxpayer and provides for lower tax slab rates. |
Grant Thornton in India presents you a comprehensive analysis of the Budget announcements.
We hope you find it informative and useful.
Also appears under...