Quick Answer: What Is This Year Budget?

What date is the budget 2020?

11 March 2020Budget 2020 (Archived) The Chancellor of the Exchequer presented his Budget to Parliament on Wednesday 11 March 2020..

What is the total budget of India 2020-21?

As per the revised estimates, the government spent Rs 34,50,305 crore in 2020-21, 13% higher than the budget estimate. Receipts: The receipts (other than borrowings) are expected to be Rs 19,76,424 crore in 2021-22, which is 23% higher than the revised estimates of 2020-21.

Where can I watch Budget 2020?

Budget 2020: One can watch the LIVE telecast of the Union Budget 2020 on national television channels such as Doordarshan, Lok Sabha TV, Rajya Sabha TV. For LIVE telecast, viewers can also tune in to Aaj Tak and India Today TV.

What is the total budget of 2020?

For year 2020-21: Nominal growth of GDP estimated at 10 per cent. Receipts: estimated at Rs 22.46 lakh crore (US$ 317.90 billion) Expenditure: at Rs 30.42 lakh crore (US$ 430.57 billion)

What is the theme of Budget 2020-21?

The Union Budget has been structured on the overall theme of “Ease of Living.” This has been achieved by farmer friendly initiatives such as Agriculture credit target of Rs 15 lakh crore for 2020-21; schemes of “Kisan Rail” and “Krishi Udaan” for a seamless national cold supply chain for perishables; and expansion of …

Is 2020 budget approved?

President Ram Nath Kovind with Finance Minister Nirmala Sitharaman and MoS for Finance Anurag Thakur at Rashtrapati Bhavan.

What is the new Budget 2020?

In Budget 2020, Finance Minister Nirmala Sitharaman proposed a new set of income tax rates for those earning up to ₹15 lakh a year. She proposed a 10% tax on income between ₹5 and ₹7.5 lakh from 20 per cent now. Income between ₹7.5 lakh to ₹10 lakh will also attract a lower tax of 15%.

What date is the budget 2021?

February 1, 2021All eyes will be on the Budget that will be presented by the Finance Minister Nirmala Sitharaman on February 1, 2021.

Who will present Budget 2020?

Nirmala SitharamanWhen 2020 budget will declared? The Union Finance Minster Nirmala Sitharaman will present the budget 2020 at 11 am on February 1, Saturday in the parliament.

Is New Budget 2020 good?

* Offering an optional lower rate of income tax to individuals, Sitharaman in her Budget for 2020-21 proposed new tax slabs of 15 per cent and 25 per cent in addition to the existing 10 per cent, 20 per cent and 30 per cent. … Those individuals earning between Rs 2.5 lakh and Rs 5 lakh will pay 5 per cent tax.

Is there a budget in November 2020?

The next UK Budget was expected to take place in October or November 2020 based on the dates of previous Budget announcements but has been cancelled, with the Chancellor of the Exchequer’s Winter Economy Plan instead being announced on 24 September 2020.

What time is UK Budget 2020?

The Budget will be read out in the House of Commons by the Chancellor of the Exchequer Rishi Sunak at 12:30pm today (GMT).