19 February, 2020
The Economy – Current status, focus areas and way forward
- The prominent theme of Union Budget 2020-21is facilitating ease of living through governance and robust financial sector
- Some key measures in 2019-2020 were reduction in corporate tax rate, policy initiatives for electric vehicles, schemes for MSME’s, incentive for start ups, digital payments for improving ease of doing business
- Global confidence in the Indian economy continues to improve as reflected from the in growing inflows of FDI with accumulation of foreign exchange reserves at $ 457.5 bn as of December 2019
The budget for 2020-2021 revolved around 3 prominent themes. Please click here for hte full article (15 Pages PFD).
For further information, please contact:
Souvik Ganguly, Partner, Acuity Law
al@acuitylaw.co.in
