Interim Budget is an example of 'after me, the deluge', says Yashwant Sinha
The BE for this year for expenditure on major items, agriculture and allied activities, is approximately Rs 64,000
View ArticleBudget 2019: Jumla, Modi sarkar's unique intellectual property, says Gowda
The interim Budget announced Rs 60,000 crore for MGNREGA
View ArticleTax rebate a logical extension of steps taken by govt since 2014: Jaitley
Jaitley said that for the past 5 years, the government has been giving relief in direct taxes and whatever has been done in Interim Budget 2019-20 is a continuation of what started in 2014
View ArticleInterim Budget: Stamp duty on shares to be based on investor's home state
Collection process streamlined but brokers unhappy with revised norms
View ArticleNitish says interim Budget 'positive', Lalu terms it 'basket of lies'
Kumar welcomed provisions like an annual assistance of Rs 6,000 to farmers and Rs 3,000 monthly pension to those employed in the unorganised sector
View ArticleBudget allocates enough funds for Mumbai Urban Transport Project: Officials
For the Western Railway, the budget has proposed allocation of Rs 6,128 crore to execute various existing projects.
View ArticleArun Jaitley cites past interim Budgets to defend tax incentives
Jaitley was also asked if the budgeted projections for 2019-20 were rather optimistic
View ArticleBudget 2019 a trailer, will guide India to prosperity, says PM Modi
This Budget will boost the efforts of 1.3 billion citizens in realising the goal of a "New India," Modi said
View ArticleCentre's non-tax revenue growth pegged at 11.2% to Rs 2.72 trillion in FY20
Centre expects Rs 28K crore interim dividend from RBI; disinvestment target raised to Rs 90K crore for FY20
View ArticleTop 10 Budget headlines: Income tax rebate, fiscal deficit target, and more
Here are the top 10 business stories that made news on Friday
View ArticleIn Modi's pro-farmer, pro-middle class Budget, here's what was missing
Conscious of unfulfilled promises and a patchy performance meant Goyal curbed use of 'development,' 'manufacturing,' 'growth' and 'infrastructure' unlike previous years
View ArticlePre-election spending led to fiscal slippage by a modest margin, says Fitch
Pre-election spending has led to fiscal slippage by a modest margin
View ArticleInterim Budget 2019: Tax waiver on notional rent gives respite to realtors
The interim budget has focussed on right areas to alleviate the stress in the housing sector
View ArticleModi assures more sops and benefits in full budget after the elections
Modi said that his government has been able to address the problem of financial distress of the farmers from the roots in the Interim Budget 2019
View ArticleTax rebates for middle class to benefit travel, tourism sector: Industry
Various initiatives in the interim budget such as tax rebates for the middle class will benefit the travel and tourism sector, industry players said. "On the whole, the interim budget is promising for...
View ArticleImplementing farmers' income support scheme may face roadblocks: Experts
According to the experts, the government might have announced the initiative to boost immediate consumption-led growth of the economy
View ArticleFiscal deficit target optimistic
We believe some of the other expenditure such as bank recapitalisation, petroleum, and fertiliser subsidy to require an upward revision that will push the overall expenditure
View ArticleIndividuals earning Rs 8-9 lakh annually can escape taxes: Revenue Secy
Interim Budget for 2019-20 proposed to give full tax rebate to individuals having taxable annual income up to Rs 5 lakh with a view to benefitting around 3 crore middle class taxpayers
View ArticleInterim Budget eases GST estimate, collection rises to 84% of target
The mop-up touched Rs 1.03 trn in Jan, taking the collection since April 2018 to Rs 9.71 trn
View ArticleA bridge to the future
There were no major outlay announcements, but the Budget broke convention by announcing sops for rural households and the middle-income population
View ArticleDifficult for govt to maintain 3.4% fiscal deficit in FY20: Moody's
Asked if India risks a rating downgrade following the breach in fiscal deficit target, Moody's said the country's 'Baa2' rating has a 'Stable' outlook, which indicates a balance of upside and downside
View ArticleFinance Minister Piyush Goyal to speak at RBI board's meeting on Feb 9
The government expects Rs 28,000 crore from the RBI as interim dividend for the current fiscal based on the financial position of the first half of the central bank.
View ArticleRelaxed taxes on ready inventory may not help realty sector: Analysts
CRISIL Research believes that though the number of unsold inventory remains moderate to high in the metros, the share of ready-to-move properties is small
View ArticleFiscal deficit to revenue target: Crunching the Budget numbers
With GST revenues coming well below expectations, the Centre failed to meet its budgeted fiscal deficit target yet again
View ArticleWhy PM Modi seems to have given up on hopes of transforming India
Modi's promise of a new political economy, one oriented around the private sector, productivity and growth was illusory
View Article'Interim Budget populist; elections remain biggest near-term trigger'
The Interim Budget is a typical election budget but it also shows continuation in the endeavor of the government to improve the income level of lower sections of population, Aggarwal says.
View ArticleInterim Budget falls short on a key promise made by Modi; creating jobs
With more than 90% of the labor force employed in the informal economy, the government has struggled to produce reliable data to get an accurate read on the level of joblessness in India
View ArticleCash for farmers, tax relief to boost growth, but at fiscal cost: Moody's
Ongoing fiscal slippage from spending and tax cut proposals ahead of the election is credit negative for the sovereign, Moody's said
View ArticleNo support for govt employees, taxpayers under PM-KISAN scheme for farmers
Announced in the Interim Budget, the scheme is supposed to provide an additional Rs 6,000 per annum income support to small and marginal farmers
View ArticleWe presented true figures in Budget, did not make adjustments: Piyush Goyal
Similarly, an adjustment of Rs 1,250 crore would have taken the FY20 fiscal deficit number to 3.3%, says Piysuh
View ArticleAmid unemployment chorus, Budget claims over 379K new jobs in govt depts
Most of the recruitment was done by the Ministry of Railways, police forces and the direct and indirect tax departments
View ArticleLS passes Interim Budget; allocation for farmers not small, says Goyal
Goyal also refuted the criticism that the government has presented a full Budget in an election year, saying "we have not announced any new scheme for the next year's Budget.
View ArticleNo tax liability if your income is up to Rs 9.5 lakh, but conditions apply
Standard deduction has also been raised from Rs 40,000 to Rs 50,000, besides a host of tax benefits to home buyers
View ArticleRajya Sabha passes Interim Budget, Finance Bill 2019-20 without debate
Rajya Sabha Chairman M Venkaiah Naidu put the bills to vote, which were approved by voice vote and returned to the Lok Sabha
View ArticleIndia needs fewer but stronger, mega banks: FM Jaitley after RBI meet
RBI Governor Shaktikanta Das said the central bank will discuss the issue of transmission of rate cut with bank heads
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