Gujarat Finance Minister Nitin Patel presented the Budget for the year 2020-21 with an overall surplus of ₹275.27 crore without any fresh taxes.
In a big relief for cold storage infrastructure, religious places, small traders, businessmen and artisans, the Budget provided for a ₹330.16-crore relief in electricity duty.
The total size of the Budget was₹2,17,287 crore, which is higher by ₹12,472 crore over the previous Budget in 2019-20.
Patel, who is also the Deputy Chief Minister of the State, said the Budget lays special thrust on “education, health, agriculture, water management, energy, rural and urban development and also social development.”
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In general, the higher the potential return, the higher the risk of potential loss.
Although some funds are less risky than others, all funds have some level of risk –
it’s never possible to diversify away all risk also
even with so-called money market funds This is a fact for all investments.Each mutual fund has a predetermined investment objective that tailors the fund’s assets also regions of investments and investment strategies.At the most basic level, there are three flavors of mutual funds also
those that invest in stocks (equity funds) also those that invest in bonds (fixed-income funds),
Those that invest in both stocks and bonds (balanced funds), And those that seek the risk-free rate
(money market funds) also.
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> PDF Name : Gujarat Budget 2020 Special
> Publisher : ICE Academy Rajkot
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