Union budget

Market mind's on the monsoon with one eye on budget as uncertainty reigns

Benchmark indices expected to consolidate during the wait for fresh cues; Union Budget and GST Council meetings to be watched domestically; Fed meeting, US response to India's tariff tweak, US-China trade wars and the Middle East among key global cues.

8 hours ago

Risk aversion of mutual funds key reason for NBFC liquidity crunch, defaults

Ballooning IL&FS and DHFL crises drove mutual funds to reduce exposure to NBFCs in a big way since September sapping liquidity from shadow banks.

6 days ago

Kamal Haasan on Budget 2019: Sounds in some parts like legitimate version of money for votes

Kamal Haasan has given a thumbs-down to the Budget 2019, which was presented by Union minister Piyush Goyal.

Feb 5, 2019

Modi's election-year largesse makes fiscal targets elusive: Moody's

US rating agency Moody's says though there is no threat to the country's 'Baa2' rating, long-term failure to meet fiscal targets could affect the rating

Feb 5, 2019

Interim Budget 2019: Modi govt sets record in defence allocation

In the last year's budget the outlay for defence was Rs 2.95 lakh crore.

Feb 1, 2019

It will be interim budget on Friday; hopes dashed for direct tax concessions

According to the convention, the government refrains from announcing any direct tax proposals in the interim budget that might require an amendment to the Income Tax Act

Jan 31, 2019

Piyush Goyal's meeting with PSB chiefs will review policy tweaks in budget

Standing in for Arun Jaitley for the second time, Piyush Goyal receives North Block officials' briefings to steer the Finance Bill through this government's last parliamentary session.

Jan 25, 2019

Halwa Ceremony: Budget makers enjoy their sweets, will you get yours on Feb 1?

The Halwa ceremony marks the beginning of the budget printing at the finance ministry. After the sweets, the top officials are locked in North Block basement.

Jan 22, 2019

Stockbrokers seek securities transaction tax rationalisation in budget

Traders urge Sebi to approach the government for considering in the budget demands on long-term capital gains tax and dividend distribution tax.

Dec 17, 2018

Easing inflation does little to end RBI's policy dilemma

Consumer price index rose 5.07 percent in January from a year earlier.

Feb 13, 2018

OPINION: Don't ask old blokes in Lutyens why big salary is their privilege, not yours

The salary hike for the President, VP and MPs invariably signals the outlook of the ruling classes.

Feb 1, 2018

Union Budget 2018 highlights: FM throws cold water on hopes of individual taxpayers

No changes in personal tax slabs but partial relief in the form of Rs 40,000 standard deduction.

Jan 31, 2018

Union Budget 2018: Why all eyes are on Arun Jaitley's budget speech? Top 5 reasons

Finance Minister Arun Jaitley is likely to propose National Employment Policy (NEP) in the Union Budget 2018, which will address the critical issue of job creation in the country.

Jan 31, 2018

Budget is a good season for India's 'aliens' to read the Constitution's Preamble

The corruption-fuelled black economy causes an asset price bubble that effectively renders the honest taxpayers aliens and beggars in their own country.

Jan 31, 2018

From halwa ceremony to leather briefcase, interesting traditions of Union Budget 2018

Ahead of the budget, the Finance Minister and top officials take part in the halwa ceremony. Having something sweet before a big event has been a tradition for long in India.

Jan 31, 2018

Experts talk about their pre-budget expectations on IBT talk show

Watch the Deloitte India partners Kalpesh Maroo - Direct Tax, Saraswathi Kasturirangan - Personal Tax and Vishweshwar Mudigonda - Direct tax-Transfer Pricing talk about their budget expectations.

Jan 30, 2018

Budget 2018: Health sector wants insurance for all, zero GST on services and a funds boost

In India, the current spending in healthcare is about 1.4 percent of GDP. The sector hopes a significant increase in healthcare funding will be announced in Budget 2018.

Jan 29, 2018

Union Budget 2018: Electric vehicle industry seeks reduction of GST to 5% to achieve FAME targets

SMEV points out the Government of India should take immediate remedies and proactive measures to accomplish its ambitious vision of selling only e-vehicles in the country by 2030.

Jan 26, 2018

Budget 2018: Last Budget of this govt to be presented on February 1

The Budget Session will commence on January 29 and Finance Minister will present Union Budget 2018 on February 1.

Jan 6, 2018

Unstimulating: Fiscal deficit hovers at 96% of full-year target, dashes stimulus hopes

During the same period last year, fiscal deficit had touched 76.4 per cent of the full-year target

Sep 30, 2017