Did the Budget make you rich or poor? Full details inside

Sunday, Feb 02, 2020 12:28:04 PM View in Browser Is India on the road to $5 trillion? Budget 2020 decoded for you!

for you Take-home pay of high earners in India is set to take a big hit 5% tax collection at source for remittances over Rs 7 lakh Higher the tax break, less likely you are to benefit from new regime The govt may have a solution to keep your dinner prices down Simpler and lower tax, but will it discourage savings? NRIs to face more tax compliance issues A mixed bag for savings, consumption How the new tax regime will impact taxation of individuals, firms ACs, refrigerators may get more expensive

for investor Never mind the crash, Sitharaman can't please everyone FM's caffeine shot fails to give growth hope Nothing seems to have changed: D-St, India Inc Funds from Mauritius, Caymans to lose out on key tax benefits LIC may pip TCS, RIL to become India's biggest firm Budget failed to bring in measures to boost consumption Dalal Street no better or worse than before, says Raamdeo TARP-like aid for NBFCs, realty booster big misses

for india Make-or-break Budget? Neither, says Swaminathan Aiyar FM leaves the NRIs and the rich poorer Budget says make in India, industry not sure South India biggest loser in new tax-sharing formula Budget silent on double taxation Rupee for kisan, dollar for education Not enough muscle to reverse a slowdown Is the divestment plan too ambitious? Probably yes Yet another chapter of the 'incremental India' story

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