Ex-Servicemen Contributory Health Scheme (ECHS)

The ECHS is a government-funded scheme which aims to provide high quality and improved facilities for healthcare to the various Ex-Servicemen Pensioners and their associated dependents via a network of ECHS Polyclinics, Service medical facilities, and Empanneled Civil & Govt ..

Tweaks to the FPIs in Union Budget

The Indian Government has made a few tweaks to the norms of foreign portfolio investors (FPIs) to attract funding for the Indian capital market. What has happened? The Indian Government had, in the recent Union Budget, announced that increased surcharge ..

Budget 2019 : Education

Union Budget 2019 has made a significant investment in the field of education. Salient Features The Union Budget has a 12.8 % year-on-year (YoY) increase in the FY20 allocation for school education. An amount of Rs 56,536.63 crore has been ..

Budget 2019 : Railways

The Union Budget 2019 had the following to say about the Indian Railways in its annual document. Salient Features in the Budget for the Indian Railways Capital expenditure of Rs 1,60,175.64 crore has been allocated for the Railways Ministry for ..

Budget 2019 : Electric Vehicles

The Union Budget 2019 has laid a clear road-map for the mobility on Indian roads in the future. It is evident that the Indian Government wants more electric vehicles on the Indian Roads. What steps are being taken for Buyers? ..

Budget 2019 : New Rs 20 coin

A new coin of Rs 20 denomination is to be launched in the Indian market. The details of the new Rs 20 coin are as follows- The new Rs 20 coin will have a 12-edged polygon (dodecagon) shape. It will ..

Budget 2019 : Borrowings/ Government Debt

The Union Budget had the following to say on the government debt- India s sovereign external debt to GDP is less than 5%. It is among the lowest globally among major economies. The Indian Government needs to borrow some money ..

Budget 2019 : Digital payments

To further encourage people to use digital payments as the preferred mode of their transactions, the Union Budget has announced the following measures to make digital payments successful- A 2% tax deduction at the source is proposed for all cash ..