Live updates and discussion on Budget 2019

Page no : 2

Shivani (Finance Professional) (6997 Points)
Replied 05 July 2019

1. Comprehensive restructuring of National Highways Programme to be done, to ensure creation of National Highways Grid of desirable capacity : FM

2. Government envisions using rivers for cargo transportation, which will also decongest roads and railways : FM

3. FAME II scheme aims to encourage faster adoption of electric vehicles by right incentives and charging infra : FM

4. Railway infra would need an investment of 50 lakh crores between 2018 and 2030; PPP to be used to unleash faster development and delivery of passenger freight services : FM

#BudgetForNewIndia #Budget2019

Upgrade to CAclubindia Pro. Subscribe Now!

Aruhi (Finance Professional) (6236 Points)
Replied 05 July 2019

Several reforms would be undertaken to promote rental housing, current rental laws are archaic as they do not address lessor-lessee relationships fairly : FM

(Guest)

Shivani (Finance Professional) (6997 Points)
Replied 05 July 2019

Pension benefit to be extended to around 3 crore retail traders and shopkeepers with an annual turnover less than 1.5 crores under Pradhan Mantri Karam Yogi Man Dhan Scheme: FM

Upgrade to CAclubindia Pro. Subscribe Now!

Suhasini (Finance Professional) (12262 Points)
Replied 05 July 2019

350 crore rupees allocated for 2% interest subvention for all GST-registered MSMEs on fresh or incremental loans : FM

Amisha Rk (2 Points)
Replied 05 July 2019

Proposed to merge NRI portfolio route with FPI route : FM

Suhasini (Finance Professional) (12262 Points)
Replied 05 July 2019

Payment platform for MSMEs to be created : FM

Henry Dsouza (Chartered Accountants Firm) (323 Points)
Replied 05 July 2019

Credit Guarantee Enhancement Corporation will be set up in 2019-20, action plan to deepen markets for long-term bonds with specific focus on infra sector to be put in place : FM

Suhasini (Finance Professional) (12262 Points)
Replied 05 July 2019

New KYC for foreign investors : FM
Social Stock Exchange under SEBI proposed : FM

Upgrade to CAclubindia Pro. Subscribe Now!

Henry Dsouza (Chartered Accountants Firm) (323 Points)
Replied 05 July 2019

100% FDI will be permitted for insurance intermediary : FM Nirmala Sitharaman

Shivani (Finance Professional) (6997 Points)
Replied 05 July 2019

Existing Know Your Customer norms for Foreign Portfolio Investors to be rationalized and simplified, to make it more investor-friendly : FM

Interoperability of RBI depositories and SEBI depositories necessary for seamlesss transfer of treasury bills; govt. will take necessary measures in this regard in consultation with RBI and SEBI : FM

Aruhi (Finance Professional) (6236 Points)
Replied 05 July 2019

Further opening up of FDI in aviation, media, animation AVGC and insurance to be examined, in consultation with stakeholders; 100% FDI to be permitted for insurance intermediaries : FM