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Union Budget 2018

4 ways Nirmalaji's Budget is different

But it is disappointing to note that Sitharaman's third Union Budget...

The Budget: A Reality Check

Do the actual numbers bear out the claims made by the government or do they...

Visionary Budget or worse than Pranab's?

The sad truth is that the debt-to-GDP ratio will shoot up close to 90 per...

Why households are unhappy with the Budget

The finance minister did very well for equity market investors but not so...

All hail Modi's 1st BJP Budget

The Modi government is notoriously honest about one fact: It does not listen...

New rules on holding firms may affect pension funds

The Union Budget 2021-22 has made it easier for sovereign wealth funds and...

Why Budget proposal on digital tax may land in court

The central government's clarification on the 2 per cent equalisation levy on...

Budget sops may lure Mauritius funds to Gift City

As per the Budget proposals, migration of a fund to a fund in IFSC will not...

Budget has a vaccine for banking's virus

Of the three major Budget announcements related to the banking sector,...

Budget 2021: No evidence of an economic strategy

There are several welcome standalone reforms, but these do not add up to a...

Budget has good news for Chinese steel mills

Spiraling steel prices led the government to cut customs duty by 2.5-5.5 per...

Not a Budget for Employment

It is important to increase employment in general.It is even better to...

Two cheers for the Budget!

While a DFI will help banks derisk their loan portfolios, creation of a bad...

Railways, India Post not among PSUs to be sold

The department of investment and public asset management (Dipam) can also...

'This Budget will not take us to 12%, but...'

'There is good indication that the economy is bouncing back, but the problem...

Budget 2021: Bad bank will be a win-win for lenders

All banks are eligible for privatisation. A committee of secretaries will...

How brokerages read Budget 2021

PSU divestment, LIC IPO, fiscal deficit: Budget 2021 marks a clear change in...

Personal tax brings more revenue than corporate tax

That's a big change that was made possible due to corporate tax cuts....

Investors become richer by Rs 10.48 lakh cr in 2 days

Investor wealth zoomed over Rs 10.48 lakh crore in two days as the...

Sensex soars nearly 1,200 pts; Nifty tops 14,600

Tuesday's top gainers included SBI, UltraTech Cement, HDFC Bank, L&T, Bharti...

'Budget has ambition, resolution and innovation'

It was one of the toughest times in history to announce a budget, says Harsh...

Budget cuts spend on welfare schemes, salary, pension

The continuing fiscal stimulus is heavily tilted towards capex, to the extent...

Budget: Easier tax administration to boost revenue

The Budget proposed abolishing the under-performing, authority of advance...

Here's how the Budget affects some key sectors

From real estate to metals, what Sitharaman's Budget has in store.

Budget 2021: 'Road map for sustainable growth'

The Budget kept away from mood dampeners such as an increase in taxes...

Budget gives big relief to FPIs on dividend tax

'Rationalising TDS on dividends for FPIs to reduce it to treaty rates ranging...

FM brings transparency in off-budget borrowings

Sitharaman does away with loans from National Small Savings Fund to Food...

'Bad bank' gets nod, discoms to get funds

Finance Minister Nirmala Sitharaman presented her third Budget on February 1.

Clarity needed on tax framework for IT sector: Nasscom

The government has created a comprehensive budget with sharp focus on...

Budget: RSS arm slams govt policies on FDI, divestment

RSS-aligned Bharatiya Mazdoor Sangh (BMS) on Monday expressed disappointment...

Govt targets gross tax revenue of Rs 22.17 lakh cr

The government on Monday projected a 16.67 per cent growth in gross tax...

Budget 2021: What is costlier, and what's cheaper

Here's how the budget impacts the pocket of the common man.

How FM plans to tackle air pollution, save environment

The Centre on Monday earmarked a separate Rs 2,217 crore for 42 urban centres...

Budget transparent, nothing hidden under carpet: FM

Finance Minister Nirmala Sitharaman on Monday said the government has come...

Govt depts to add over 1.4 lakh jobs by March 1

Over 1.4 lakh jobs are estimated to be created between March 2019 and March...

Interest on PF money over Rs 2.5 lakh to be taxed

Interest on employee contributions to provident fund over Rs 2.5 lakh per...

Subsidy bill nears Rs 6 lakh cr in FY'21

The government's subsidies on food, fertilisers, LPG and kerosene are pegged...

FM: 'We have spent, we have spent, we have spent'

The government has decided to spend big on infrastructure across a wide...

Budget: Nothing but Housekeeping

The Budget would have been the perfect vehicle to introduce some bold...

Budget boosts spend on infra, health; levies agri cess

In her Budget for the fiscal year beginning April 1, she restricted tax-free...

Record Rs 1.10 lakh cr for Railways in Budget

Finance Minister Nirmala Sitharaman announced on Monday a record sum of Rs...

Budget has farmers at its heart: PM Modi

In televised remarks after Finance Minister Nirmala Sitharaman presented the...

Yay or nay? Rate the Budget

Does this Budget deserve cheers or boos? You decide

Post-Covid India land of hope: FM, citing Gabba win

Drawing inspiration from the recent performance of the Indian cricket team in...

Divestment of BPCL, A-I to be completed in FY22: FM

The government on Monday budgeted Rs 1.75 lakh crore from stake sale in...

Firms can't claim deduction if PF deposits delayed

The government on Monday said the employers who delay the deposit of workers'...

India to allow NRIs to set up one-man companies

The government on Monday said it proposes to incentivise incorporation of one...

Bull rules D-Street; Sensex zooms 2,315 points

On the Sensex chart, IndusInd Bank was the top gainer, rallying over 11 per...

Budget proposes major boost for infra sector

Expressing commitment to augment the country's infrastructure, Finance...

Budget goes paperless; Sitharaman quotes Tagore

It was also the shortest speech by Sitharaman, who had delivered the longest...

Govt pegs fiscal deficit at 6.8% in FY22

Finance Minister Nirmala Sitharaman on Monday said the government estimates...

Govt to borrow about Rs 12 lakh cr in FY22: FM

Sitharaman also said states will get 41 per cent share of taxes as per the...

Budget: Highways announced for 5 poll-bound states

While presenting the Union Budget 2021-22 in Parliament, the finance minister...

Highlights of Union Budget 2021-22

Finance Minister Nirmala Sitharaman on Monday presented the Budget for...

Rs 20,000-cr recapitalisation for PSBs in 2021-22

Finance Minister Nirmala Sitharaman on Monday said the government would...

Govt to increase FDI from 49% to 74% in insurance

The government on Monday proposed to increase foreign direct investment limit...

Aatmanirbhar packages structural reforms: FM

Finance Minister Nirmala Sitharaman on Monday said the government's...

FM meets President Kovind ahead of Budget speech

Finance Minister Nirmala Sitharaman on Monday called on President Ram Nath...

Budget 2021: Sitharaman again opts for 'bahi-khata'

Finance Minister Nirmala Sitharaman on Monday used her trademark...

Sitharaman to explain Budget in 15 states

The finance minister will also visit the school in Tamil Nadu where she...

Will Budget 2021-22 go beyond 'bahi-khata'?

As India emerges from the COVID-19 crisis, the ninth budget under the Modi...

States worry as Centre plans to trim schemes in Budget

'It is just an excuse to say that the Centre has run out of money.''Pruning...

Will this Budget be a 'Game Changer'?

That is what you will hear again after Nirmala Sitharaman presents a speech...

Govt stares at revenue shortfall of Rs 7 trn in FY21

Revenue from divestment has fetched Rs 40,000-50,000 crore against target of...

Budget likely to focus on growth, structural reforms

The Budget, to be presented on February 1, is likely to be less worried about...

Modi on what to expect from Sitharaman's 3rd Budget

Prime Minister Narendra Modi on Friday said Finance Minister Nirmala...

'Budget would have done a wonderful job, if...'

'If the Union Budget can provide incentives for animal spirits to come as...

IMF's Gopinath bats for infra investment in Budget

Ahead of India's annual budget presentation next week, IMF's chief economist...

What Budget has in store for regional rural banks

RRBs were formed under an Act to provide credit to small farmers,...

Dom's Take: Will it be Common Man's Budget?

Dominic Xavier hopes Budget 2021-2022 will belong to the common man.

Budget may open window for big-ticket foreign inflows

The Centre plans to create a special window for strategically important...

Budget: Customs duties on host of goods may be tweaked

The government may tweak customs duties in the Budget next week on several...

EV makers urge FM to rejig rules to boost sales

Ahead of the upcoming Union Budget, Society of Manufacturers of Electric...

Budget: Govt may target fiscal deficit at 4% of GDP

To enable widen the fiscal deficit beyond the permissible limit under the...

'Halwa ceremony' kickstarts Budget proceedings

As part of the ritual, ''halwa'' is prepared in a big ''kadhai'' (large...

What brokerages expect from Union Budget

While most experts suggest the government loosen its purse strings and not...

Budget: Gross tax revenues likely to get back on track

While the tax-to-GDP ratio of 9.88 per cent has been assumed for FY21, the...

Budget: Experts waiting for a debt management road map

There are various estimates of India's debt to GDP ratio, but the consensus...

Budget: Dividend anomaly for FPIs may be corrected

Last year's Budget had created uncertainty about the quantum of tax to be...

Budget: Tax sops for employees working from home?

The government could look at providing deductions for expenses incurred by...

Govt likely to unveil new DFI framework in Budget

Industry players believe the new DFI model will be initially risk capital,...

Budget 2021: Sharper focus on health care likely

CII has also called for tax incentives for new health care projects and...

Ministries to get the same budget funds as last year

The government, it would seem, is reserving its firepower to spend on...

Budget: 'Ease fiscal deficit, look at higher spend'

As spending on infrastructure has three times the desired impact, the...

Budget must cut I-T rates, invest in infra: CEOs to FM

Besides low interest rates, a reduction in active Covid cases and strong...

Budget: E-platforms likely to sell non-core assets

It is estimating that this would help monetise assets worth Rs 10,000 crore.

Budget must provide a realistic road map

'But can it afford to present a scenario within the existing legal framework...

Dom's Take: Fly, Robin, Fly!

In the first of the series on Budget 2021, Dominic Xavier hopes the FinMIn...

Govt not to print Budget documents this year

This will be the first time since the presentation of independent India's...

CEOs against investing in new parliament, bullet train

A majority of the CEOs are expecting the economy to show growth in the next...

Budget: Tax parity with ULIPs tops Afmi's wish list

The pre-Budget proposals sent to the finance ministry aim to bring uniformity...

Dear Nirmalaji: What I want from the Budget

A security guard in Mumbai tells Rediff.com's A Ganesh Nadar what he would...

Don't tweak inflation target range: Economists to FM

They have also called for giving cash to the poor, so that demand is...

Will this Budget lower income tax?

The budget-making exercise offers golden opportunities despite challenges,...

Sitharaman on the key elements of Budget 2021-22

Finance Minister Nirmala Sitharaman on Tuesday said the upcoming Budget for...

What will Nirmalaji's Budget give us?

Can the finance minister manage our expectations, asks A K Bhattacharya.

FinMin mulling 75% cut in foreign travel budget

The COVID-19 pandemic and the ensuing restrictions in mobility may result in...

Budget 2021 will be 'prudent; growth oriented'

With the Budget-making exercise in full swing, RBI Governor Shaktikanta Das...

Budget exercise starts, health may get 50% boost

Outlay for infra is also expected to see a significant increase in view of...

Agriculture, health to be focus of Union Budget 2021

The ministry of finance will kickstart its massive budgetary exercise from...

Fiscal deficit overshoots budget target in July

The government had pegged the fiscal deficit for 2020-21 at Rs 7.96 lakh...

FinMin unlikely to take FY21 as a base for FY22 Budget

Instead, 2019-20 could be the base from which the Budget estimates for next...

SpiceJet first budget carrier to get nod to fly to US

Budget carrier SpiceJet on Thursday said it has been designated as the...

Centre's fiscal deficit to be twice Budget target

At a combined level, the fiscal deficit of the Centre and states together...

'Govt should present new Budget'

'This prime minister thinks he knows everything.''He has to consult, he has...

Post-coronavirus GDP, Budget targets likely in July

'The numbers are null and void now. Look, we can give out projections now,...

Budget, the other casualty of COVID-19

'Even before the outbreak of the flu, it had become clear that the tax...

Rishi Sunak's Budget to increase UK visa fee

Sunak announced that the Immigration Health Surcharge (IHS) would be hiked...

Fiscal deficit touches 128.5% of budget estimate

While presenting the Union Budget to Parliament earlier this month, Finance...

Budget: Government must explain the numbers

'Nirmalaji's Budget announcements have long-term implications and are not...

Budget proposals that may give rise to tax disputes

Tax experts say one of the most dispute-prone proposals is making "fraudulent...

It does not look like a 'do or die' Budget

'More a show that you are doing something in the Budget even if that...

Does Modi dislike Budgets?

'The Modi doctrine of national Budget is clear now.''If six of these in a row...

Redefined in Budget 2020: Who's an Indian resident

No attention to detail seems to have been paid while introducing such a major...

ITC is first to hike cigarette prices post budget

While the American Club Cool Fresh Taste saw the minimum hike of 10 per cent,...

How to judge Nirmalaji's second Budget

'The next general election is four years away. That's enough time to recover...

Post Budget, companies may change dividend tax policy

An analysis of S&P BSE 500 companies suggests that promoters of Indian...

Budget 2020: Few hits & misses for overseas investors

The Budget has relaxed a few safe harbour rules that aim to make it easier...

Will taxpayer's charter help bridge trust deficit?

India is often viewed as an aggressive tax jurisdiction by domestic and...

Budget: Why senior citizens may pay more tax

'There are no new benefits for senior citizens, but on the other hand senior...

Budget Chat: How to invest in stocks

Ajit Mishra, vice president, Research, Religare Broking, will be answering...

Budget Chat: Make the most of your IT exemptions

Mahesh Padmanabhan, principal advsior, RelaxWithTax, will answer all your...

Brokerages disappointed with Budget 2020

Despite a slowing economy, the Budget does not envisage any major stimulus...

Sensex gains 917 pts to settle around pre-budget level

Titan was the biggest gainer in the Sensex pack, rallying 7.97 per cent,...

Budget in graphs shows Sitharaman's awry fiscal maths

The impact of economic slump was visible in the Budget's fine print, as this...

Live Budget Chat: Best mutual funds to buy now

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will...

'Budget's tax rates are a laughing matter'

'The economy needed 3 or 4 major fixes. The major one was, of course, the...

New tax regime: 'Not a single person will be loser'

The tax rate rises to 10 per cent, 15, per cent, 20 per cent and 25 per cent...

Budget 2020: Govt clarifies on NRI tax

The ministry said it was an anti-abuse provision amid growing instances of...

No tax relief for these home buyers

There was no relief for existing home buyers who are stuck in stalled...

Sensex recovers from Budget blues; gains 137 points

NSE Nifty finished higher by 46.05 points, or 0.39 per cent, at...

Budget Chats: Will new tax slabs benefit you?

Tax experts G Srikanth and Anil Rego will answer all your tax queries in two...

Corporate tax growth of 12% for FY21 'unrealistic'

The increased tax target comes at a time when consumer spending and sales...

FCI to get Rs 2.15 trillion as food subsidy in 2020-21

This is the highest in the past five years and almost 24 per cent more than...

How FM plans to boost electronic manufacturing

But it may come with a downside risk of further rise in prices of several...

1% TDS levy could make ecommerce buys costlier

Apart from making your purchases on these platforms expensive, it will also...

Stock market will remain volatile for few days

'The market was expecting the Budget to do more, given the domestic economic...

Insurers, MFs fear impact of Sitharaman's tax 'sop'

While the proposed new tax regime is optional for taxpayers, the finance...

Budget 2020 has failed to live up to expectation

The immediate need is to put more money in the hands of agriculture-based and...

15th FC:Devolution for FY20-21 cut marginallyarginally

This is due to the newly formed Union Territories of Jammu and Kashmir, and...

10 questions you always wanted to ask on the Budget

The Union Budget is not everyone's cup of tea. But here's how you can make it...

Budget hikes food subsidy, but cuts it for fertilisers

Finance Minister Nirmala Sitharaman has brought down the budgetary allocation...

MPs who heckled Sitharaman were first to rush to her

It is a tribute to India's democracy, however flawed, that the very same MPs...

Budget: Govt hikes farm credit target to Rs 15 lakh cr

The government also proposed promoting 'one product one district' for better...

Govt ups fiscal deficit target to 3.8% for FY20

The government has utilised 'escape clause' under the FRBM Act which provides...

Budget 2020 has both vision and action: PM Modi

The PM said that the Union Budget will accelerate the economic growth,...

Budget: Rs 69,000 cr for health; Rs 6,400 cr for PMJAY

In the Union budget, Rs 65,011.8 crore has been allocated to the Ministry of...

For every Re in govt kitty, 64 paise come from taxes

The collection from borrowings and other liabilities will be 20 paise, while...

What Moody's says about Budget 2020

The government has limited room to reduce expenditure without further...

Employees' social security contribution capped

It is proposed to provide a combined upper limit of Rs 7.5 lakh in respect of...

Budget: MGNREGA funds cut by 13%

Sources in the Rural Development Ministry said the actual expenditure...

Forego exemptions, and pay less income tax!

The new tax regime will be optional and the taxpayers will be given the...

Sitharaman quoted Kashmiri verse, Tamil literature

She recited a Kashmiri verse, which was part of a poem by Sahitya Akademi...

Budget: Non-taxpaying NRIs will now be taxed in India

This could impact non-resident Indians staying in countries such as UAE which...

Budget day impact on Sensex for last 5 years

February 01, 2020, was the benchmark's biggest drop since October 24, 2008.

Budget 2020: Auto industry left disappointed

Automobile dealers' body FADA said the Budget lacked immediate demand...

Budget: Income tax cut; more spending to boost growth

The cut in income tax rates, which would help save about Rs 31,000 a year in...

Will this Budget pull India out of economic slump?

The actual expenditure will only be marginally higher and hence, the...

Mkts sink; Rs 3.46 lakh cr investor wealth wiped off

ITC was the top laggard in the Sensex pack, tanking 6.97 per cent, followed...

Thumbs up or thumbs down? Rate the Budget!

Finance Minister Nirmala Sitharaman on Saturday unveiled the budget for...

DDT abolished; revenue loss pegged at Rs 25,000 crore

Finance Minister Nirmala Sitharaman while unveiling the Union Budget said the...

Did the FM even read Economic Survey, asks Chidambaram

Slamming the Budget, senior Congress leader P Chidambaram on Saturday said...

Budget 2020: What's more expensive, what's cheaper

Finance Minister Nirmala Sitharaman on Saturday announced increasing customs...

'FM has not been brave, but acted safely'

There have been some benefits to the corporate sector, agreed they also need...

Highlights of Union Budget 2020-21

The Budget emphasises on capacity building and empowerment of marginalised...

Tax burden of start-up employees eased

Under the Start-Up India campaign, recognition has been accorded to 27,000...

100 more airports to be developed by 2025: Sitharaman

Presenting the Budget for 2020-21, Sitharaman said Rs 1.7 lakh crore has been...

Feeling ill, Nirmala cuts short longest budget speech

She was offered sweets by her ministerial colleagues, but that did not help...

The Problem With Budgets...

'There is a time for lowering one's expectations of the economy -- and...

FM pegs nominal GDP growth for FY21 at 10%

The revised estimated expenditure for FY20 has been pegged at Rs 26.99 lakh...

Govt allocates Rs 99,300 cr for education in FY21

Steps will be taken to attract external commercial borrowing and FDI in the...

Rs 22,000 cr outlay for power, renewable energy sector

At present, except some households in difficult areas and Maoist-hit...

Govt allots Rs 30,757 crore for Jammu-Kashmir

Finance Minister Nirmala Sitharaman on Saturday said the Centre has proposed...

100,000 gram panchayts to be linked through BharatNet

AI, IoT, 3D printing, drones, data storage, quantum computing etc are all...

Rs 103 lakh cr infra projects launched under NIP: FM

Accelerated development of highways will be taken up with 2,500 km access...

Govt to provide high insurance cover for exporters

Under the scheme, also called the Export Credit Insurance Scheme, the...

Simplified GST returns from April 2020

Average household now saves 4 per cent in monthly expense after the rollout...

FDI rises to $284 bn during 2014-19: FM

Sectors which attract maximum foreign inflows include services, computer...

Sitharaman pays homage to Arun Jaitley in Budget

"Of the structural reforms, the GST has been the most historic in our...

India now world's 5th largest economy: Sitharaman

Sitharaman also listed out various welfare schemes like affordable housing,...

Nirmala's family in Parliament to watch Budget

Like last year, Sitharaman opted for a traditional 'bahi-khata' to carry...

Fundamentals of economy strong, says Sitharaman

Presenting the Union Budget for 2020-21, Sitharaman said it is aimed at...

Sitharaman back with 'bahi-khata' for her 2nd budget

Last year, Sitharaman had ditched the long-standing tradition of carrying...

Stock market open on Budget day but not for MF holders

Mutual funds subscriptions and redemptions will not be permitted on February...

The most important number in Sitharaman's 2nd Budget

The numbers become all the more important because actual tax collections fell...

Budget may do away with dividend distribution tax

DDT is levied on dividends that a company pays its shareholders out of its...

Can this week's Budget revive the economy?

'Slowing down of the economy was mainly due to the demonetisation...

Exporters want Budget to address slow tax refunds

With exporters' claim for over five months still pending, liquidity has been...

What BJP wants in Budget: Not tax cut, but solutions

Sources said much has been done to ease the tax burden of the middle classes...

India Inc expects Budget to lower personal I-T rates

Majority of respondents feel that the government in the forthcoming Budget...

Budget 2020: What Nirmalaji must focus on

'The economy has to become the government's No. 1 priority, which it is not...

Stock markets to remain open on Budget day

The decision has been taken following requests made in this regard by market...

'FM not invited for pre-Budget meets by PMO'

Congress leader Prithviraj Chavan claimed that Modi held 13 pre-Budget...

Can Budget 2020 help tackle tax disputes?

A robust dispute settlement system would help the government unlock tax...

Sitharaman kicks off Budget process with halwa ritual

The 'halwa ceremony' marks the beginning of the lockdown of several officials...

63 Indian billionaires' wealth more than Budget 2018

It will take a female domestic worker 22,277 years to earn a top CEO of a...

Budget may see railways getting 18% hike in capex

If the finance minister meets the Board's expectation, the next fiscal year...

Budget maths won't be hit if oil is below $70

Oil sank to the lowest level in a month after shedding all of its gains from...

Budget 2020: Tax changes for charitable trusts likely

The new provision under the Income-Tax Act may enable the authorities to...

PM seeks ideas for Budget, meets economists, experts

"The Union Budget represents the aspirations of 130 crore Indians and lays...

Slowdown set to worsen, but Budget may help: CEO poll

Most CEOs say fear is the main reason for the slowdown and spending on the...

Budget will play a role in reviving growth: Economists

Measures that quickly boost demand and increase employment are needed to push...

Nirmalaji, time has come to modernise Budgeting

'The finance minister in her Budget speech should spell out how exactly she...

Budget: Modi meets Ambani, Tata, other biz leaders

Further stimulus measures are expected in the upcoming Budget where the focus...

Budget 2020: FY21 growth rate may be pegged at 6-6.5%

It is also likely to assume a deflator of around 4 per cent. That could take...

Why Budget 2020 will be different

In fact, no other recent Union Budget has held so much significance for the...

What Nirmalaji should say in her Budget speech

'We have set out a timetable to reduce income tax rates for all incomes below...

The men behind Sitharaman's 2nd Budget

Finance Minister Nirmala Sitharaman will present her second Budget a little...

Centre, Sebi spar over transfer of surplus funds

In 2009, FinMin proposed to move regulators' reserves into public account....

'Budget must focus on rural demand, not tax cut'

To propel demand, one should concentrate on indirect taxes and bring down the...

Budget: TUs want FM to hike I-T ceiling to Rs 10 lakh

They said that massive public investment in infrastructure, social sectors...

Budget 2020: What states want from Sitharaman

During the pre-budget consultation with Union finance minister, some states...

Renault Triber is everyman's budget car

'The Triber, which sits between the Kwid and the Duster in the Renault...

Budget: Farm experts want GST on agri-inputs to go

Bharat Krishak Samaj demanded that the Pradhan Mantri Fasal Bima Yojana...

Budget 2020: Financial sector cos pitch for tax break

In a pre-Budget meeting with Finance Minister Nirmala Sitharaman,...

Budget 2020: Key demands of the IT sector

A 15 per cent corporate tax rate for services companies in SEZs, setting up a...

Modi, team to start pre-Budget consultations next week

In the 2020-21 Budget, the prime minister and the finance minister are keen...

Budget 2020: Will ATF, natural gas come under GST?

5 commodities namely crude oil, natural gas, petrol, diesel, and aviation...

Budget 2020: What Sitharaman has in store for you

Long-term capital gains tax may be scrapped and the burden of dividend...

Gold is selling at premium for first time since Budget

The yellow metal now trades at a 0.5 per cent premium over its landed cost,...

Budget 2020: What FM has in store for tax payers

Govt may tighten presumptive taxation norms and also do away with some...

Want tax rates changed in next Budget? Tell Sitharaman

While the ministry holds pre-budget consultations with representatives of...

Former chief economic advisor pays tribute to Jaitley

His sharp mind, sober head, and restraining hand will forever be unavailable...

As FM, Jaitley will be remembered for fiscal rectitude

For his first Budget in July 2014, Jaitley inherited a fiscal deficit target...

India Inc hails Jaitley's reform measures

Bharti Airtel Chairman Sunil Bharti Mittal said India has lost one of the...

Post-Budget blues: Investors lost Rs 1.33 trillion

This amount does not include losses suffered indirectly through investment in...

Is zero budget farming the solution to India's woes?

Natural farming, termed Zero Budget Natural Farming in India, has been...

2 preconditions for Budget's growth strategy to work

'The Budget provides the clearest statement of the government's intention of...

India can't afford flight of entrepreneurs and capital

'The super-rich -- entrepreneurs, CEOs, CFOs -- are generators of wealth....

As finance secy, Garg rubbed too many the wrong way

Owing to Finance Minister Nirmala Sitharaman being new to her role, a number...

Should India's next be a well-being Budget?

'Perhaps India can become the first emerging economy to present a well-being...

Experts confused by proposal to levy TDS on insurance

There is no clarity on how the gains should be calculated on life insurance...

Budget done, over to the RBI now

'With low inflation and fiscal prudence, we will see more rate cuts in coming...

Budget: I-T collection target 'too steep', say experts

CBDT has been given a collection target of Rs 5.69 trillion in personal...

Nothing but a political Budget

Note that the Budget speech's focus on rural India is part of a carefully...

Budget does little to provide growth impetus

'Alas, there is no "big bang" reforms package in this Budget,' says Shankar...

Post-Budget foreign investors sell Rs 6Kcr of equities

They have been on an unbroken selling streak since the Union Budget, spooked...

'No policy to encourage household saving in Budget'

'The household sector, which is still the largest contributor of financial...

Budget an exercise in hiding bad government finances

'No Budget has so far has addressed the issue of the government's abysmal...

Where the Budget falters

'The future will lie with countries that stay ahead of the globalisation...

Budget: Govt to tighten screws on tax avoidance

'The government believes there is still significant scope to bring more...

Infy tops 9 cos with share buyback plans hit by Budget

According to PRIME Database, there are nine companies with active buyback...

Budget: The joke's on the middle class

'That Modi and the BJP can continue to treat the rising and expanding middle...

Did the Budget ignore the fiscal crisis?

'The Budget numbers presented severely underestimate the magnitude of the...

Sitharaman's first Budget is progressive and visionary

The Budget is impressive in its clarity on both the destination and the...

Share buyback tax was not warranted

Levying buyback tax at a flat rate of 20 per cent (plus applicable surcharge...

Sitharaman's 4-pronged attack on tax leakages

In this Budget, too, there were a number of measures aimed at plugging tax...

Which fund should you invest in post Budget?

Investment guru and mutual fund expert Ashok Kumar, answers all your MF...

Live Budget Chat! Which funds should you invest in?

Investment Guru and Mutual Fund Expert Ashok Kumar, MD, LKW Investment...

Sitharaman vows: 'Every number in Budget is authentic'

A query has been raised about the "missing" Rs 1.7 trillion fiscal hole in...

'It was a vision document, not a Budget'

'Part A of the Budget was like it was written by somebody from the 21st...

'Budgets are becoming irrelevant'

'If you look at this Budget, except for the Rs 2 increase in petrol and...

Budget 2019 puts brakes on some funds for states

Nirmala Sitharaman has designed the revenue mix in such a way that while...

Budget a big boost for affordable housing segment

Budget has proposed an additional deduction of Rs 1.5 lakh for interest paid...

India likely to raise funds from interest-soft markets

Some international markets offer interest rates as low as one per cent, which...

Industry divided over Budget sops for EVs

While home-grown firms like Tata and Mahindra have been actively...

Budget tax sops to make GIFT City global financial hub

Standard Chartered Bank is setting up an international banking unit primarily...

Budget misses scrappage policy, a key for CV revival

The industry said if the policy was announced, it would have taken 28 million...

Is the Rs 6.63 trillion GST target too ambitious?

A well-established tax system would have a predictable buoyancy - how fast...

Budget 2019: 'It was a fine balancing act'

'If some measures are implemented quickly, they can help revive growth.'

Tax hike on rich will also hurt global companies

Tax experts said that in FY17 around 80,000 people had reported incomes of...

Noose around NRI tax evaders tightens

At present, the Black Money (Undisclosed Foreign Income and Assets) and...

Income tax filing to be lot easier

Some of the policy measures announced are expected to go a long way in...

Budget: Centre's capex seen to rise to Rs 3.38 trn

As a percentage of the aggregate Budget expenditure, it is 12 per cent.

With subsidy bill rising, FM banks on oil price dip

More than half of the total subsidy provisioning, amounting to 54 per cent,...

Budget: Tax sops may attract investors to govt ETFs

If one compares returns, the two public-sector ETFs have done better over the...

Budget: India to issue sovereign bonds in global mkts

The government planned to borrow 10-15 per cent of the total borrowing...

6 key changes in tax rules and their impact

Pranay Bhatia offers insights on some key issues from Nirmala Sitharaman's...

The vision is missing, Nirmala-ji!

Nirmala Sitharaman's maiden Budget has not disappointed but vision and...

This is a reform-oriented Budget: Piyush Goyal

'Are all roads in India privatised? Are governments not playing a role in...

With Rs 62,398 crore, health budget sees a 19% rise

The budgetary allocation for the sector is Rs 60,908.22 crore, with Rs 6,400...

Fiscal deficit target lowered to 3.3% for FY20

Several critics including some rating agencies have doubted prospects of...

FM seeks India Inc's help for rail infrastructure

Sitharaman said, public private partnership to be unleased to develop rail...

How FM plans to change the face of Indian education

Sitharaman said the government will bring in a new national education policy...

Budget a 'missed' opportunity for India: Nasscom

Nasscom, however, lauded the government's intent to enhance digital skills...

Budget 2019: What's costlier, what's cheaper

A large number of items including petrol, diesel, gold, silver, cigarettes,...

Sitharaman delivers 2.17 hr-long speech, earns praises

Her speech was laced with Hindi, Urdu, Sanskrit and even Tamil verses.

Budget 2019: Why car prices are likely to go up

Increasing the duties on auto parts and putting an additional cess on petrol...

How tax break on housing loan interest benefits you

A person in the 30% income tax bracket with a Rs 40 lakh home loan at 9%...

Fuel, gold to get costlier, sops for rural India

Finance Minister Nirmala Sitharaman on Friday hiked tax on petrol and diesel,...

Govt to earn Rs 25,000 cr from hike in duties

While the surcharge on super-rich would help garner additional income of...

Investor wealth plunges Rs 2.22 lakh cr on Budget day

From the 30-share pack, 24 companies fell, with Yes Bank emerging as the top...

Start-ups get major boost in Sitharaman's first Budget

To resolve the so-called 'angel tax' issue, the start-ups and their investors...

Truckers' body slams Modi 2.0's first Budget

Fuel cess, TDS on large cash payouts bid to destroy truckers and get foreign...

Sensex tanks over 350 points; power, metal stocks sink

Yes Bank was the top loser in the Sensex pack, crashing 8.36 per cent,...

From Hashmi to Puranaanuru, Sitharaman waxes poetic

While speaking of taxation, Sitharaman also quoted Sangam era Tamil classic's...

Firms with turnover up to Rs 400 cr in 25% tax bracket

Finance Minister Nirmala Sitharaman said: "This will cover 99.3 per cent of...

For every Re in govt kitty, 68 paise come from taxes

Corporation tax is the single largest source of income, contributing 21 paise...

RATE: Modi 2.0's first Budget

How do you feel about Modi 2.0's first Budget? Does it meet your...

Petrol, diesel, gold to cost more

Sitharaman said surcharges on individuals having taxable income of Rs 2 crore...

PAN, Aadhaar interchangeable for filing of I-T returns

Sitharaman said Aadhaar card for NRIs with Indian passports will be issued...

Govt raises divestment target to Rs 1.05 lakh crore

Strategic divestment of select public sector undertakings will remain a...

Govt aims to build 1.95 cr affordable houses in 2 yrs

These houses will have amenities such as LPG, electricity and toilets, she said.

Govt will invest widely in agri infrastructure: FM

Sitharaman said the government also proposes Pradhan Mantri Matsya Sampada...

'Electricity, clean cooking for rural homes by 2022'

Sitharaman said that the government keeps 'Antodaya' (development of all) at...

Sitharaman, only 2nd woman to present Union Budget

Former Prime Minister Indira Gandhi was the first and only women till now to...

Sitharaman's parents in Parliament to watch Budget

Savitri and Narayanan Sitharaman arrived in a separate car in Parliament.

Sitharaman promises to ease KYC norms for FPIs

Among other proposals, she said NRI portfolio route would be merged with the...

Govt proposes more FDI in media, aviation, insurance

Finance Minister Nirmala Sitharaman in his Budget speech said that India's...

Structural reforms must to become $5 trn economy: FM

In the current year, India's economy will grow to become $ 3 trillion...

Sensex, Nifty extend gains; all eyes on Budget

Top gainers in the Sensex pack included Bharti Airtel, Tata Motors, IndusInd...

Budget: 'Very challenging for govt to earn income'

'The government's projections for 2019-2020 will be disappointing big time.'

12, 18 pc slabs may merge making GST 2-tier: Jaitley

Penning a Facebook post on the second anniversary of GST rollout, Jaitley...

Budget: Divestment target likely to be Rs 90,000 cr

The divestment target remaining unchanged, from the 2019-20 interim Budget,...

Halwa ceremony launches Budget process

A large number of officials and support staff, who are directly associated...

Budget is a 5 year Test match, not a one-day event

'The fiscal situation is stressed (when is it not?!), economic growth has...

Modi starts pre-Budget meets to brainstorm on economy

Tuesday's meeting at the PM's residence, attended by all the five secretaries...

Why FM may stick to fiscal deficit target of 3.4%

Budget-makers in North Block are looking to maintain this fiscal status quo,...

What economists, Sitharaman discussed in Budget meet

Concerned by GDP slowdown and unrealistic tax targets, the economists urged...

PM to meet all FinMin department officials on June 20

This meeting has led to the deferment of the Goods and Services Tax (GST)...

Ficci for increasing FDI cap in insurance to 74%

It also said that there is a need to improve investor confidence about the...

Why your household budget will go through the roof

Farmers in Maharashtra, Gujarat, Karn­ataka, Tamil Nadu and Telan­gana...

Why not to expect a runaway pre-Budget market rally

Liquidity issues post the crisis at DHFL, progress of monsoon, rupee...

Forget tax cuts, FM advised against Budget sops

FinMin does not expect tax or non-tax revenue to reach anywhere close to the...

Budget: IT exemption limit may be raised to Rs 5 lakh

'We have promised to ensure reduced tax rates.'

Budget: FinMin starts meeting industry bodies

The final Budget for the fiscal is likely to be tabled in July after...

Arun Jaitley to attend IMF-World Bank meeting in April

RBI Governor Shaktikanta Das and Finance Secretary Subhash Chandra Garg are...

A 4-point formula to boost farm economy

The formula for success of farm economy is very simple -- farmers should be...

Govt needs to keep a tight leash on expenditure

The negative aspect about the Budget is that the capital expenditure has been...

Why political class is betting on welfare spending

There appears to be a growing perception among the political class that...

Budget rebate for individuals not as bold as it seemed

Even if the same party returns to power, what is important to debate is that...

Jaitley is back as finance minister

President Ram Nath Kovind, as advised by Prime Minister Narendra Modi, has...

Piyush Goyal interview: 'Farmers will give response to Mamata'

'A sum of Rs 6,000 a year is very significant for a small farmer whose land...

If GDP is over-estimated, the tax targets are too high

'We get an overzealous army of tax inspectors pushing the economy too hard,'...

An interim Budget with all the features of a full Budget

Forget about interim Budgets, one cannot easily recall even a full Budget of...

Centre backed out of minimum income scheme for all farmers

The decision to scrap the plan for landless workers and focus only on small...

Less-cash drive launched in DeMo gets boost in Budget

In an otherwise agriculture- and public health-focused Union Budget 2018-19,...

How the fiscal deficit, revenue target numbers stack up in Budget

Ehile the Centre had projected tax revenues to touch 12.1 per cent of GDP in...

'Pay tax on any income earned by non-working spouse and kids'

Tax expert Anil Rego answers readers' questions about how Finance Minister...

Jaitley likely to return from US by February 10

It is unclear if he would be renamed the finance minister soon after his return.

Live Budget Chat! How will Goyal's tax sops impact you?

Tax expert Anil Rego will answer questions about how the new Budget affects...

'11 out of 10 for Budget's politics'

'The finance minister has told the BJP's core voters we are hearing you and...

Has Modi Sarkar delivered on Budget 2014?

Fifty-six months on, the government's record in implementing these schemes...

Why brokers are unhappy with revised stamp duty norms

'Rather than abolishing stamp duty as STT is already levied on all...

A MUST read for all property sellers

Besides LTCG tax relief, permitting taxpayers to declare two houses as...

The many loopholes of pension plan for unorganised sector workers

According to official statistics, half of India's GDP comes from as many as...

Budget points to sharp hike in petroleum subsidy

Petroleum subsidy that goes into providing cheap liquefied petroleum gas...

Jaitley justifies govt giving I-T rebate in interim Budget

Goyal's move was criticised by the Opposition saying with general election...

Budget gets a thumbs up from India Inc

"India's middle class, small traders and farmers are the lifelines of its...

Modi's 10-dimensional Vision 2030

The first dimension of this vision will be to build physical as well as...

Budget before Ballot: Who got what from Goyal

Converting what was supposed to be an interim budget or a vote on account...

Piyush Goyal's maiden Budget, at a glance

Here are the key highlights of the Interim Budget 2019-20 presented by...

Govt allocates Rs 60,000 crore for MGNREGA for 2019-20

The amount allocated for 2019-20 is 11 per cent higher compared to Rs 55,000...

Govt extends tax sops for affordable home developers

To give impetus to the real estate sector, Goyal proposed to extend the...

'Sops to farmers not dole but mark of respect for anna daata'

Insisting that PM Modi has consistently cared for the farmers, Goyal said the...

How govt plans to cut fiscal deficit to 3%

The government further said the gross tax revenue as a per cent of GDP is...

Interim Budget is just 'a trailer': PM Modi

The budget will empower the poor, give a boost to the farmer and an impetus...

Budget sets India up for next-gen infrastructure: Goyal

Terming infrastructure as the "backbone" of any nation's development, Goyal...

Govt launches pension plan for informal workers

Goyal also announced hiking of tax free gratuity to Rs 30 lakh from existing...

'Budget has prioritised populism over fiscal prudence'

'The move towards fiscal consolidation had to be diluted because of the...

Moody's says Budget credit negative

The moves on basic income for farmers - Rs 6,000 per person in three...

Govt broke back of 'back-breaking' inflation: Goyal in Interim Budget

Goyal said India has been recognised as brightest spot in the world in last...

'2018-2019 has been the safest for the Indian Railways'

No fare hike was announced in the Railway Budget for 2019.

Rate: PM Modi's 'poll'-itical Budget

So how do you rate the NDA government's election-year budget? Does it meet...

Govt doubles tax exemption limit to Rs 500,000

If an individual invests in the specified tax saving schemes of the...

10 lakh patients treated so far under Ayushman Bharat

Goyal also said the government has been providing cheaper drugs through Jan...

Road construction trebled under Pradhan Mantri Gram Sadak Yojana

Highlighting the the government's focus on providing power to all, Finance...

India attracted massive FDI worth $239 bn since 2014

The main sectors that receive the maximum foreign inflows include services,...

Rs 3 lakh cr recovered from big corporate loan defaulters, says Goyal

The interim finance minister said the Insolvency and Bankruptcy Code was...

Govt announces cash dole for small farmers

Under the scheme called Pradhan Mantri Kisan Samman Nidhi, Rs 6,000 will be...

Fiscal deficit to be at 3.4% of GDP this year: Goyal

Goyal also said that current account deficit is likely to be 2.5 per cent of...

GDP growth fastest in last 5 years: Goyal

Goyal said India has been recognised as the brightest spot in the world in...

General Budget or Interim Budget?

General Budget is a terminology earlier used to differentiate between the...

Why you must brace for Budget day volatility

Past data shows that in 20 Budget sessions, the market has ended with gains...

Interim Budget: Cheers for taxpayers likely

The finance minister is likely to announce the government's vision for a...

Jaitley targets CBI over Kochhar probe

One of the reasons why conviction rates in India are poor is that...

Markets unlikely to see any pre-interim Budget rally

The government is expected to dole out some populist policies, especially for...

Piyush Goyal to meet PSB chiefs on Monday ahead of Budget

Goyal is expected to discuss the targets for the banks for 2019-20, as well...

Budget 2019 is likely to bring good news for farmers

Government's objective is to bring down the cost of cultivation through...

Budget content would be decided by economic realities: Jaitley

Jaitley also hinted that these very economic realities could decide whether...

Jaitley may return on Jan 25, Budget on schedule

The 66-year-old finance minister underwent a successful kidney transplant...

Here's how Jaitley's on course to meet FY19 fiscal deficit target

However, independent economists are not as gung-ho as the finance ministry...

What to expect from Budget 2019

The losses in state elections in Rajasthan, Madhya Pradesh, and Chhattisgarh...

Despite likely budgetary cut, railways eyes biggest ever capex

The Centre is likely to cut budgetary support to the railways by around Rs...

Jaitley: 'India is struggling between populism and policy'

Finance Minister Arun Jaitley has said that the states were free to announce...

Jaitley says govt keen on single GST rate

A future road map could be to work towards a single standard rate instead of...

Brokers send Budget wishlist to Sebi

'Extensive thought has been put in, and we have pondered over each and every...

Govt to infuse Rs 83,000 cr in PSBs in next few months: Jaitley

The recapitalisation, the finance minister said, will enhance the lending...

Did Jaitley have prior knowledge of Urjit Patel's decision?

Highly-placed sources in the government say that none of the senior ministers...

Will Jaitley present his 6th full Budget next year?

A K Bhattacharya lists three reasons why Finance Minister Arun Jaitley will...

Jaitley defends UPA era's revised GDP numbers

The new numbers show India's economic growth rate averaged 6.7 per cent...

Jaitley to present interim Budget on February 1

FinMin has already sought inputs from different central ministries for the...

Why the team for Budget 2019 will be different

Finance Secretary Hasmukh Adhia vacates his post on November 30 and...

Why the interim Budget will be different this time

There was no law that prevented the government from presenting a sixth full...

'If there's one person who should quit, it is Jaitley'

'The finance minister has messed up the economy.'

Jaitley slams RBI for the present banking crisis

The remarks came amid reports of mounting tension between the finance...

Oil subsidy bill is nearly twice the year's budgeted estimate

Senior policymakers say it is a tough task and the finance ministry may...

Budget hotels beat 5-star peers in revenue growth

The data shows the average room rate of two-star hotels increased by 8.5 per...

Jaitley to review NPAs, credit growth with bank chiefs on Tuesday

The meeting will review annual financial performance of public sector banks,...

Jaitley plans to cut ministries' spending

It would be difficult to stick to the Budget numbers unless the departments...

The many challenges facing Jaitley's fiscal promise

After the April-July fiscal deficit data was released on August 31, several...

On day 2 of review, Jaitley bullish on keeping fiscal deficit down

Finance ministry tells PM fiscal deficit target will be met, capex...

Jaitley denies meeting Mallya, says his claims are 'factually false'

"Since 2014, I have never given him any appointment to meet me and the...

Rupee better off compared to other currencies: Jaitley

He further said the dollar has strengthened against almost every other...

Jaitley returns as Finance Minister, meets officials

He underwent a renal transplant on May 14 and on the same day, his...

Harsh penalties for Indians with illegal Swiss bank A/Cs: Jaitley

Latest data from the Swiss National Bank showed that money parked by Indians...

Goyal runs finance ministry, but Jaitley's watching

While Arun Jaitley remains part of the decision making process, Piyush Goyal,...

GDP didn't fall 2 pc after note ban, GST: Jaitley

"The fourth quarter results of GDP data showed a phenomenal 7.7 percent...

Modi provided scam-free governance: Jaitley

He said the country has witnessed a journey from indecisiveness to clarity...

Smart homes are now within your budget

Whether you have a two bedroom or a three bedroom house, you can convert it...

How to get Parliament to debate the Budget

Let there be a rule that if the Budget is not passed and funds cannot be...

Cash crunch: Jaitley tries to soothe frayed nerves

Adequate currency in circulation, temporary shortage to be tackled quickly,...

Why meeting Budget's commitment on MSP is not easy

From NITI Aayog to industry leaders to the Reserve Bank of India, all are...

Economy on a strong wicket; fundamentals sound: Jaitley

Economic Affairs secretary S C Garg said inflation has consistently come down...

Arun Jaitley: 'In India, tax evasion the rule'

'For the first month, we have only had 5.5 million who have paid the tax.''40...

India did DeMo, GST at right time: Jaitley

'There is global appreciation of the fact that India has the capacity and...

Environment of doing business in India has changed: Jaitley

"I am certain that now that the growth is returning back to the world, the...

Positive mood in US about India, says Jaitley

'American investors have a very clear understanding of the kind of reforms...

Inherited banking system with NPAs, working on plan: Jaitley

'We are working to put up an actual plan in play to deal with the banking...

Transparency in DeMo would have been greatest fraud: Jaitley

Announcing the demonetisation initiative in advance could have resulted in...

'India @70, Modi @3.5 and a job applicant @ 80': FM's jibe at Sinha

Taking a jibe at Yashwant Sinha, the finance minister said that he doesn't...

Why the first post-GST Budget will be 'different'

The forthcoming Budget, the last full one before the 2019 Lok Sabha...

Jaitley likely to announce his final full Budget on Feb 1

Like 2017-18, govt will seek comments from the public at large, including...

Why your household Budget will hit the roof

Vegetable, fruit prices to be on the rise over weak supply, crop damage

Work on Modi Sarkar's last full Budget begins this week

As per practice a vote-on-account or approval for essential government...