Today's Sector News - 23.01.2020: 09.00 Am
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* EXCHANGES: The National Stock Exchange and the BSE notified that trading sessions on the exchanges will remain open on Feb 1, a Saturday, on account of the presentation of Union Budget for 2020-21 (Apr- Mar).
* INFRASTRUCTURE: The road sector expects increased budgetary allocation for Ministry of Road
Transport and Highways and its executing authority National Highways Authority of India in the upcoming Union Budget for 2020-21 (Apr-Mar).
* TAXATION: The government has extended the deadline to file GSTR-3B returns by two to four days for taxpayers with less than 50-mln-rupee annual turnover, a finance ministry release said. This comes after traders and industry complained facing difficulties in filing returns on the Goods and Services Tax Network.
* TELECOMMUNICATION: The telecom industry, which is under unprecedented financial strain, is
looking forward to the Union Budget for 2020-21 (Apr-Mar) for some relief measures which should give the sector a breathing space.
-In a reply to a notice by the Bombay High Court, the Telecom Regulatory Authority of India
defended its Jan 1 order through which it seeks to ensure that rates of television channels on an a-la-carte basis are not exorbitant compared to bouquet offers.
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