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Budget 2020: Anand Mahindra asks FM Sitharaman for a blockbuster budget
Updated : Jan 20, 2020

Budget 2020: Anand Mahindra asks FM Sitharaman to surprise world with a 'blockbuster' budget

Budget 2020: Anand Mahindra said that since our growth forecast pegs India's growth rate at 5 per cent, India will fall behind China again

With a view to increase compliance, the Budget provides for compulsory filing of tax return for specified category of taxpayers covering individuals with high-value transactions.
Updated : Jul 8, 2019

Union Budget 2019: Nirmala Sitharaman gives no relief to individual taxpayers, disappoints super-rich

While the Budget did not provide much incentive to middle or lower income group, it is hard hitting for the super-rich. True to the intent of the Government, the Budget focusses on increasing tax compliance and at the same time easing the processes.

On the Indirect tax front, Finance Minister Nirmala Sitharaman has brought some radical changes in customs duties driven by the idea of promoting ‘Make in India’ initiative of the government.
Updated : Jul 8, 2019

Union Budget 2019: Changes in indirect taxes that you must know about

In order to incentivise and give thrust to electric vehicles sector, customs duty on specified parts required for the manufacture of EVs has been brought down to nil.

Updated : Jul 6, 2019

Budget 2019: Old wine in old bottles

Despite the list of achievements of Modi 1.0 that Sitharaman talked about, and the new targets she laid out - in terms of piped water to rural households, a common power grid etc - there was actually no tough decision or new idea that the Finance Minister announced

"This is a budget for 130 crore Indians, rich or poor, for entrepreneurs, for the industry, promoting new work and opportunities," said Railway Minister Piyush Goyal.
Updated : Jul 6, 2019

Budget 2019: Railways get budgetary allocation of Rs 65,837 crore; govt to focus on PPP mode for faster development

The Railways has received the highest ever outlay for capital expenditure amounting to Rs 1.60 lakh crore; last year, the outlay for the railways was Rs 1.48 lakh crore

Updated : Jul 6, 2019

Budget 2019: Filing income tax returns to be made easier with pre-filled forms

Apart from making "pre-filled tax returns" available to taxpayers, which will contain details such as salary income, capital gains from securities, bank interests, tax deductions, dividends and the like, Sitharaman proposes to simplify tax laws and enable interchangeability of Aadhaar and PAN Card

Updated : Jul 6, 2019

Arun Jaitley terms Budget 2019 blend of good economics, good politics; roadmap for economy to get back on track

Arun Jaitley says PM Modi's first tenure witnessed a mixed blend of both "good economics and good politics"

Budget 2019: Mahindra & Mahindra Chairman Anand Mahindra on Modi government's Union Budget 2019.
Updated : Jul 6, 2019

Budget 2019: Expected Sitharaman to hit 'boundaries' but she took 'steady singles', says Anand Mahindra

Budget 2019: Anand Mahindra says Sitharaman's budget will help the country in its journey to becoming a $5-trillion economy

Updated : Jul 6, 2019

Union Budget 2019: Modi govt's cautious budget puts onus on RBI to spur growth

Finance Minister Nirmala Sitharaman stuck to the government borrowing target announced in an interim budget in February and cut the fiscal deficit target to 3.3% of gross domestic product for the current year ending March 31, 2020, from an earlier, upwardly revised target of 3.4%

TV Narendran, Global CEO and MD, Tata Steel
Updated : Jul 6, 2019

Several welcome steps announced in Union Budget 2019: Tata Steel CEO

Narendran says the domestic steel market has seen some decline in demand and the measures announced Friday for the steel sector aimed to further boost 'Make in India' policy is a welcome development

Finance Minister Nirmala Sitharaman
Updated : Jul 5, 2019

Budget 2019: We are against cash transactions, says Nirmala Sitharaman

In the post-Budget interaction with the media, Finance Minister Nirmala Sitharaman elaborated on key Budget announcements from Rs-2 cess on petrol and diesel, 2 per cent TDS on cash withdrawal over Rs 1 crore in a year, fiscal deficit, corporate rate reduction to divestment

Finance Minister Nirmala Sitharaman will present her maiden Union Budget in Parliament today
Updated : Jul 5, 2019

Union Budget 2019: Additional cess of Rs 1 per litre imposed on petrol and diesel

Budget 2019: Indian economy will reach $3 trillion in current year, it is well within our capacity to reach $5 trillion economy in few years, says FM

Updated : Jul 5, 2019

Experts views: India proposes opening up insurance, aviation wider to help revive growth

Finance Minister Nirmala Sitharaman unveiled the proposals while presenting the budget for the fiscal year ending March 31, 2020 to parliament

Updated : Jul 5, 2019

Union Budget 2019: Govt carves out new ministries for fisheries, animal husbandry, dairy

The new scheme, Pradhan Mantri Matsya Sampada Yojana (PMMSY), will be established under the Department of Fisheries for a robust fisheries management framework

Union Budget 2019: In her Budget speech, FM Nirmala Sitharaman said that strategic disinvestment will be the government's priority in the ongoing fiscal.
Updated : Jul 5, 2019

Union Budget 2019: Govt sets higher disinvestment target of Rs 1.05 lakh crore for FY20

Presenting the Union Budget 2019, FM Nirmala Sitharaman stated that the government will undertake strategic sale of PSUs and also continue to do consolidation of PSUs in the non-financial space as well.

Union Budget 2019: FM Nirmala Sitharaman said the government will take up startegic disinvestments of CPSEs on priority to meet the fiscal deficit target.
Updated : Jul 5, 2019

Union Budget 2019: Govt lowers fiscal deficit target to 3.3%, experts raise doubts

While the Modi government has favoured fiscal prudence over populism in Union Budget 2019, experts believe the lowered fiscal deficit target will be a tough nut to crack

Updated : Jul 5, 2019

Union Budget 2019: Government allocates Rs 1.19 lakh crore to Home Ministry

The ministry, currently headed by Amit Shah, received a modest 5.17 per cent hike over the revised estimate of 2018-19 amounting to Rs 1,13,167 crore

Updated : Jul 5, 2019

Union Budget 2019: Massive stress on infra investments to become $5 trillion economy

This government envisions using the rivers for cargo transportation, which will also help to decongest roads and railways

Updated : Jul 5, 2019

Budget 2019: Congress opposes increase in petrol, diesel prices

Budget 2019: At a time when fuel prices are falling across the world, the Centre has decided to increase the levy on fuel, says the Congress

Budget 2019: Since 2014, the government has been found increasing excise duty even as global prices fell, leading to an increase in the central government's revenue.
Updated : Jul 5, 2019

Budget 2019: Govt increases excise duty, cess on petrol, diesel by Rs 2

Union Budget 2019: Petrol attracts excise duty of Rs 17.98 per litre while the government charges Rs 13.83 per litre excise duty on diesel

Union Budget 2019: The Form 16 has also been beefed up.
Updated : Jul 5, 2019

Budget 2019: Tax returns filing mandatory if you spend over Rs 2 lakh on foreign travel

Union Budget 2019: The Centre also proposes to make return filing compulsory for people who have deposited more than Rs 1 crore in a current account in a year

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