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Budget 2020 - Rediff.com Business

Mon, Mar 8, 2021
Budget session may conclude before polls: Sources

Several parties had requested that the session, which was originally...

RS adjourns for the day without transacting business

Opposition parties created an uproar over its demand to hold a discussion on...

Sat, Mar 6, 2021
4 ways Nirmalaji's Budget is different

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

Fri, Mar 5, 2021
China hikes defence budget by 6.8% to $209 billion

China on Friday hiked its defence budget to $209 billion, maintaining a...

Thu, Mar 4, 2021
The Budget: A Reality Check

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

Wed, Mar 3, 2021
Visionary Budget or worse than Pranab's?

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

WH budget chief pick Neera Tanden withdraws nomination

Tanden, president of the left-leaning think tank Center for American...

Wed, Feb 24, 2021
Gehlot announces universal healthcare, agri budget

Rajasthan Chief Minister Ashok Gehlot-led Congress government on Wednesday...

Tue, Feb 23, 2021
Why households are unhappy with the Budget

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

Fri, Feb 19, 2021
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...

Wed, Feb 17, 2021
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,...

Mon, Feb 15, 2021
Budget 2021: No evidence of an economic strategy

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

Sat, Feb 13, 2021
First phase of Budget session concludes

The recess allows department-related standing committees to examine demands...

Fri, Feb 12, 2021
Budget has good news for Chinese steel mills

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

Budget session Part 1: RS clocks 99% productivity

Parliament will now meet on March 8 for the second part of the Budget session.

Nirmala attacks Oppn for false narrative on Budget

She said that despite government scheme and initiatives ranging from roads to...

Nothing for common man: Oppn slams govt over Budget

Participating in the debate on the budget, leaders of parties like the...

Not a Budget for Employment

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

Wed, Feb 10, 2021
Two cheers for the Budget!

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

Sat, Feb 6, 2021
Railways, India Post not among PSUs to be sold

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

Fri, Feb 5, 2021
Budget ignores women and children

Women and children have been given short shrift with these crucial sectors...

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

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

Thu, Feb 4, 2021
Previous govts drafted Budget with eye on votes: PM

"For decades in our country, the meaning of the Budget was restricted to what...

Wed, Feb 3, 2021
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....

Tue, Feb 2, 2021
Farmer issue rocks Parl, govt says ready to discuss

The government on Tuesday asserted in Lok Sabha that it was ready to discuss...

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...

Is it right to use budget as tool to win polls: Sena

Accusing the Centre of setting a new trend of playing "dirty politics" for...

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.

The Politics behind the Budget

The BJP would want that by March 2022, when UP votes, the economy starts...

Mon, Feb 1, 2021
Budget: Rs 4.78 lakh crore allocated for defence

Excluding the pension outgo, the allocation in the Union Budget for the armed...

Budget doesn't matter, want laws repealed: Farmers

Farmers protesting at various sites on the border of Delhi on Monday...

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...

Budget: Rs 7,100 cr set aside as aid to neighbours

India on Monday set aside over Rs 7,100 crore in its budget for 2021-22 as...

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: Who said what

The Union Budget on Monday evoked contrasting responses in the political...

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...

Security forces guarding Pak, China receive more funds

Finance Minister Nirmala Sitharaman has allocated a total of Rs 1,03,802.52...

Budget has farmers at its heart: PM Modi

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

SPG gets marginal increase of Rs 2.7 crore in Budget

In the Union Budget for 2021-22 presented by Finance Minister Nirmala...

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...

Budget is anti-people and anti-country: Mamata

"This is a budget to deceive the masses. It's an anti-farmer, anti-people and...

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...

Dept of Space gets Rs 13,949 crore in Budget

In Budget 2020-21, the Department of Space has been allocated Rs 13,949.09...

CBI gets over Rs 835 crore in Budget

The CBI had received Rs 802.19 crore initially in the last budget and it was...

Budget goes paperless; Sitharaman quotes Tagore

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

Case of wrong diagnosis & prescription: Cong on Budget

The Congress on Monday strongly criticised the Union budget, saying Finance...

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...

Watch Live! Union Budget 2021

WATCH the budget speech live here.

Sitharaman to explain Budget in 15 states

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

Sun, Jan 31, 2021
First part of budget session to end on February 13

Rajya Sabha Chairman M Venkaiah Naidu also made a fervent appeal to the...

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...

Fri, Jan 29, 2021
Budget Session Part 1 likely to end 2 days earlier

The first part of the Budget Session of Parliament is likely to end on...

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...

Watch Live! President's address to Parliament

Watch all the proceeding from the Parliament.

Thu, Jan 28, 2021
Parliament set to witness stormy budget session

The session will begin with the address of the President to the joint sitting...

Wed, Jan 27, 2021
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.

Tue, Jan 26, 2021
Budget may open window for big-ticket foreign inflows

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

Mon, Jan 25, 2021
Farmer unions plan Parliament march on Budget day

Ahead of their proposed tractor parade on Republic Day, protesting farmer...

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...

Sat, Jan 23, 2021
'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...

Fri, Jan 22, 2021
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...

Thu, Jan 21, 2021
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,...

Wed, Jan 20, 2021
Budget 2021: Sharper focus on health care likely

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

Budget session: PM to chair all-party meet on Jan 30

The budget session of Parliament is starting from January 29 and will be held...

Mon, Jan 18, 2021
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...

Thu, Jan 14, 2021
Budget session of Parliament from January 29

A communication from the Lok Sabha Secretariat said on Thursday that the...

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...

Wed, Jan 13, 2021
Dom's Take: Fly, Robin, Fly!

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

Mon, Jan 11, 2021
Govt not to print Budget documents this year

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

Fri, Jan 8, 2021
CEOs against investing in new parliament, bullet train

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

Tue, Jan 5, 2021
CCPA recommends 3-part Budget session from Jan 29

According to the Committee's recommendation, while Part 1 of the Budget...

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

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

Mon, Jan 4, 2021
Dear Nirmalaji: What I want from the Budget

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

Thu, Dec 24, 2020
Don't tweak inflation target range: Economists to FM

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

Fri, Dec 18, 2020
Will this Budget lower income tax?

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

Tue, Dec 15, 2020
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.

Fri, Dec 11, 2020
FinMin mulling 75% cut in foreign travel budget

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

Fri, Dec 4, 2020
Budget 2021 will be 'prudent; growth oriented'

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

Mon, Nov 30, 2020
Budget exercise starts, health may get 50% boost

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

Mon, Nov 16, 2020
Winter & Budget sessions of Parliament may be clubbed

The winter session of Parliament usually starts from the last week of...

Tue, Oct 6, 2020
Agriculture, health to be focus of Union Budget 2021

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

Mon, Aug 31, 2020
Fiscal deficit overshoots budget target in July

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

Fri, Aug 14, 2020
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...

Tue, Jul 28, 2020
How can we take on Chinese with our defence budget?

Among the handful of countries with large defence budgets and armed forces,...

Thu, Jul 23, 2020
SpiceJet first budget carrier to get nod to fly to US

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

Fri, Jul 17, 2020
Centre's fiscal deficit to be twice Budget target

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

Sun, May 24, 2020
What the rise in China's defence budget really means

'China's opaque defence allocation processes are shrouded in mystery and have...

Fri, May 22, 2020
China hikes defence budget; nearly 3 times of India

The hike in the budget is the lowest increment in recent years apparently due...

Thu, May 14, 2020
How I trimmed my monthly budget in the lockdown

Felcy Pinto, who works as HR coordinator, tells us how she is preparing for...

Thu, May 7, 2020
'Govt should present new Budget'

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

Wed, May 6, 2020
Govt may slash defence budget by up to 40%

That would result in the military under-spending about Rs 80,000 crore over...

Mon, Apr 27, 2020
Post-coronavirus GDP, Budget targets likely in July

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

Tue, Apr 7, 2020
Budget, the other casualty of COVID-19

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

Thu, Mar 12, 2020
Rishi Sunak's Budget to increase UK visa fee

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

Fri, Feb 28, 2020
Fiscal deficit touches 128.5% of budget estimate

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

Wed, Feb 26, 2020
Budget: Government must explain the numbers

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

Mon, Feb 17, 2020
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...

Thu, Feb 13, 2020
Redefined in Budget 2020: Who's an Indian resident

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

Wed, Feb 12, 2020
ITC is first to hike cigarette prices post budget

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

Tue, Feb 11, 2020
How to judge Nirmalaji's second Budget

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

Mon, Feb 10, 2020
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...

Thu, Feb 6, 2020
Budget: Why senior citizens may pay more tax

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

Wed, Feb 5, 2020
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...

Budget: Is the old tax regime good for you?

In an online chat with Rediff.com readers, personal finance expert Anil Rego...

Tue, Feb 4, 2020
Brokerages disappointed with Budget 2020

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

BMC unveils Rs 33,441 cr budget; no change in taxes

A 5 per cent increase in fees for various licences has been proposed without...

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: How new tax slabs will benefit you

In an online chat with Rediff.com readers, G Srikanth, partner, GSV...

Mon, Feb 3, 2020
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...

Sun, Feb 2, 2020
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...

Sat, Feb 1, 2020
Budget: Govt hikes farm credit target to Rs 15 lakh cr

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

Oppn slams govt for 'all talk, nothing concrete'

Slamming the Union budget as 'insipid' and lacking in stimulus for growth,...

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...

PF, LTC: Deductions that will go in new tax regime

Taxpayer will also have to forego deduction under 80CCC (contribution towards...

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...

Budget: CBI gets nominal increase of just Rs 4 cr

This is an increment of about 0.50 per cent compared to the last budget.

Meagre hike in defence budget, lowest since 1962 war

The defence budget was increased to Rs 3.37 lakh crore for 2020-21 against...

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...

India, you have a problem

'The global corporates are concerned: You used to have policy predictability,...

Lokpal gets Rs 74 crore budget, nominal raise for CVC

The CVC has been allocated Rs 39 crore for 2020-21, up from the revised Rs...

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...

FM pegs nominal GDP growth for FY21 at 10%

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

Govt to sell part of its stake in LIC

The FM further said that the listing brings in more financial discipline...

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...

Sitharaman allocates Rs 85,000 cr for SC-OBC welfare

Finance Minister Nirmala Sithraman on Saturday proposed a budget of Rs 85,000...

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...

Over Rs 12,000 crore approved for Swachch Bharat: FM

Union Finance Minister Nirmala Sitharaman on Saturday also said that Rs 3.6...

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...

Watch Live! Union Budget 2020

Nirmala Sitharaman will present the budget of the second term of the Narendra...

Fri, Jan 31, 2020
Here's how India can create 60 lakh jobs annually

The Survey noted that while women account for almost half of India's...

Thalinomics: Indian homes saved Rs 11,787 per year

Both across India and the four regions - north, south, east and west - it is...

Spend $1.4 trillion on infra for $5 tn economy: Survey

Investment in infrastructure was necessary for the economy, as power...

Highlights of Economic Survey 2019-20

Uptick in growth projected in second half of current fiscal based on 10...

Eco Survey pegs next fiscal's growth at 6.5%

The pre-Budget Survey said for wealth to be distributed, it first has to be...

Stock market open on Budget day but not for MF holders

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

Do Modi's ministers understand business?

Piyush Goyal's comments about Amazon founder Jeff Bezos's investment in India...

Thu, Jan 30, 2020
6 states see fall in tax revenues till November

The bulk of states' revenue comes from the devolution from the Centre's...

Wed, Jan 29, 2020
The most important number in Sitharaman's 2nd Budget

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

Tue, Jan 28, 2020
How India can return to higher growth rate

'The slide in growth has arisen primarily because we have an NBFC crisis on...

A fragile economy can't afford social strife

Neither the CAA nor the proposed NRC are important enough to stake the...

Mon, Jan 27, 2020
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...

Sat, Jan 25, 2020
Exporters want Budget to address slow tax refunds

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

Fri, Jan 24, 2020
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...

Thu, Jan 23, 2020
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...

Wed, Jan 22, 2020
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...

Mon, Jan 20, 2020
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...

Fri, Jan 17, 2020
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...

Mon, Jan 13, 2020
Budget 2020: Tax changes for charitable trusts likely

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

Thu, Jan 9, 2020
Next time invite FM: Cong mocks PM's budget meet

Later, Sitharaman's office clarified that the FM had already met the...

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...

Wed, Jan 8, 2020
Budget will play a role in reviving growth: Economists

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

Mon, Jan 6, 2020
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...

Wed, Jan 1, 2020
Why Budget 2020 will be different

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

Tue, Dec 31, 2019
What Nirmalaji should say in her Budget speech

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

Mon, Dec 30, 2019
The men behind Sitharaman's 2nd Budget

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

Sat, Dec 28, 2019
Centre, Sebi spar over transfer of surplus funds

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

Mon, Dec 23, 2019
'Budget must focus on rural demand, not tax cut'

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

Thu, Dec 19, 2019
Budget: TUs want FM to hike I-T ceiling to Rs 10 lakh

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

Wed, Dec 18, 2019
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...

Mon, Dec 16, 2019
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...

Sat, Dec 14, 2019
Modi, team to start pre-Budget consultations next week

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

Thu, Dec 5, 2019
Budget 2020: Will ATF, natural gas come under GST?

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

Wed, Dec 4, 2019
Declining budget makes navy rethink 200 warship plan

'We will prioritise our requirements so that the country's maritime interests...

Tue, Nov 26, 2019
Budget 2020: What Sitharaman has in store for you

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

Fri, Nov 15, 2019
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...

Wed, Nov 13, 2019
Want tax rates changed in next Budget? Tell Sitharaman

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

Tue, Nov 5, 2019
Tips to save: 'Prepare a budget for your weekends'

We asked you, dear readers to share yours smart tips to save money. This is...

Fri, Oct 11, 2019
Delayed, over-budget anti-sub vessel ready to roar

Kavaratti will be commissioned before end-2019 -- three years later than...