Deloitte India’s Analysis of Union Budget 2020
The Union
Budget 2020 speech went on for a record time. And the nuances
specific to your interest are hard to miss. This is Deloitte’s dedicated page
to the Indian Union Budget 2020 for FY21 where you can get your required
details in almost every topic. We have highlighted the top 10 Budget highlights.
We have also posted our Webcast series here. We have included a detailed
analysis of the entire budget and we have discussed specific industry impacts. Every
post is your ultimate and quick guide to the Union Budget. The complete
information you will ever need.
2020’s Union
Budget was important for very specific reasons. India is currently facing an
economic slowdown, right at the back of impressive growth, and the pressure was
on the Government to implement policies to bring the economy back on track
again. Economic advisors around the world have sounded their alarm regarding
India’s current economic condition. World bodies have also slashed their growth
predictions related to the country. The INR has struggled for a long time now
and foreign investors have already pulled out billions of dollars from the
country. Along with the global trade war in full swing, the Government had a
lot to address.
The Budget
brought along a few policies as expected, especially in the tax department. We
discuss all that in our top 10 budget highlights and proposals related to
taxation posts. It also introduced policies to boost the agriculture and
infrastructure sector along with energy and financial services which we cover
in the Industry impact section. We have also turned the clock back with our
Budget expectations section where the discussion surrounds the key areas the
Union Budget 2020 should have focused on and these serve as your scale to
measure the performance of the proposed Budget, what all it managed to achieve
and what all it missed out on.
We have also
not left out the economic indicators that the 2020 Union Budget took into
account. The Budget highlights section mentions the important indicators that
all investors and businesses must keep an eye on and the summary is explanatory
enough for reference at any time. In all, this dedicated section of Deloitte is
your ultimate Budget guide. One place for all the key information. Plan your
financial steps based on these and let this section serve as your reference
point. So, pick your area of interest. Start scrolling. Everything you need to
know about the Union Budget 2020 is right here at your fingertips. Check
Out the complete analysis of Union Budget 2020-21 by Deloitte India
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