Wednesday 26 February 2020
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business-standard - 12 days ago

We are open to feedback from experts on Budget: FM Sitharaman

Finance Minister Nirmala Sitharaman said on Friday that she is willing to accommodate feedback given by economists and industry experts while making changes in the Union Budget proposals for 2020-21. As and when any tweaks have to be made after the Budget, or as and when more has to happen, we are willing and open to hearing more from all of you, she said at an interactive session titled Budget Beyond organised by NITI Aayog.Sitharaman said the immediate feedback on Budget has been motivating with a positive impact on currency, bond and equity markets. It is one Budget where the impact on equity, currency and bond market has been positive. Currency market remains stable, the bond market has cooled off and equity markets is positive, she said. If more has to be done beyond the Budget, we are willing to do that. Sitharaman heard the views on Budget proposal on dividend taxation, and how it will impact real estate investment trusts (REITs) and infrastructure investment trusts


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