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Budget


The Interim Budget proposal to hike tax deducted at source (TDS) limit on interest earned is likely to make bank deposits attractive, which can even take some sheen off equities and mutual funds, states analysts. Real estate investment may also pick up following the Budget sops, they alleged Among many popular announcements created in the …

This is the mother of all election budgets. A politician might give it nine marks out of 10, but an economist will give it no more than five out of 10. The Sensex initially skyrocketed in populist euphoria but ended with a healthy but not spectacular gain of 212 points. The budget showers Rs 6,000 …

Finance Minister Piyush Goyal has proposed Rs 5,831.48 crore budgetary distribution for the textile ministry for 2019-20, which is 16.01 percent lower than the current fiscal. According to the budget document tabled in Parliament on Friday, the revised expenditure (RE) for the textile ministry has been pegged at Rs 6,943.26 crore during 2018-19. The original …

Tractors and two-wheelers could witness demand traction thanks to enhanced sentiment following rural and farmer oriented measures announced in the interim budget, according to industry experts. The outlook for the two segments is positive considering the improved allocation towards various farmer welfare and rural development schemes, they said. As per ICRA Vice President & Sector …

A day after Andhra Pradesh Chief Minister N Chandrababu Naidu thrown out at a BJP legislator in the assembly, the saffron party on Saturday called him an “assembly rowdy” and alleged that he was in “deep frustration”. “A frustrated, defeatist Chandrababu Naidu has threatened BJP MLAs Vishnu Kumar Raju &Manikyala Rao in Andhra assembly y’day …

The Interim Budget for 2019-20 fiscal was laid down in the Rajya Sabha on Friday, following which the Upper House was adjourned till Monday. After showing the Budget 2019 in the Lok Sabha, Finance Minister Piyush Goyal laid down in the Upper House the ‘medium-term fiscal policy cum fiscal policy strategy statement’ and ‘macro-economic framework statement’ …

The Congress on Friday stated that the government presented a full-fledged budget instead of an interim one, and said it was not a vote on account, but an “account for votes”. Senior Congress leader P Chidambaram, addressing a press conference after the government presented the interim budget, alleged Finance Minister Piyush Goyal tested patience by …

Congratulating Finance ministry for presenting a populist budget, Prime Minister Narendra Modi today stated that the Interim Budget is just a trailer of the budget which, after elections, will take India on the path to development. “This Budget is for New India. There is something for everyone in this Budget,” Prime Minister said. In his …

Terming the interim Budget “historic”, Union Home Minister Rajnath Singh on Friday said it is focused on strengthening the economy and will benefit all sections of society. Finance Minister Piyush Goyal presented the interim Budget for the 2019-20 in the Lok Sabha. He doled out tax sops to the middle class, covering doubling of income …

The around the 100-minute presentation of the NDA government’s final Budget Friday intermittently witnessed noisy protests from opposition members and a spirited reaction from Treasury benches regularly thumping their desks. Presenting his first Budget, Finance Minister Piyush Goyal faced protests even before he commences his speech as some Congress members shouted that the Budget has …

Opposition parties in Lok Sabha on Friday protested stating “leak” of budget proposals to the media before being presented in the House. Soon after Speaker Sumitra Mahajan took her seat, members from opposition parties, consisting the Congress and the Left, alleged that proposals of the interim budget were leaked to the media even before the …

Northeast India has hailed the interim budget for 2019-20 published by Union Minister for Finance, Piyush Goyal. Assam finance minister, HimantaBiswaSarma said the budget 2019-20 has significantly grown the allocation of Northeast India and Assam is going to get a large chunk of it. Allocation for the North Eastern Areas is being proposed to be …