Union budget

Indian Entrepreneurs 2023-24 budget wish: A ration shop for raw materials [Details]

A ration or fair price shop for raw materials; bringing Small Industries Development Bank of India (SIDBI) under the Ministry of Micro, Small and Medium Enterprises (MSME); abolition of capital gains tax on properties sold by micro entrepreneurs; are some of the Union Budget 2023-24 wish list of the Association of Indian Entrepreneurs (AIE).

Nov 28, 2022

400 Vande Bharat trains in 3 years: What it means for Integral Coach Factory [Details]

It was a moment of great pride for the team that created Vande Bharat trains (also known as Train 18) when Finance Minister Nirmala Sitharaman announced production of 400 trains over the next three years, said the train creator.

Feb 2, 2022

J&K gets ₹35,581 crore from Budget; ₹33,293 crore to be utilized to meet resource gap [details]

Rs 273 crore has been allocated as grants towards rehabilitation of Dal-Nageen Lake, Rs 279 crore as grants towards contribution to Disaster Response Fund. Read more.

Feb 2, 2022

Cryptocurrency future comes under scanner, attracts 30% tax

Hitting hard private cryptocurrency exchanges and apps, the government announced a 30 per cent tax on any income from the transfer of virtual digital assets, specifying that no deductions and exemptions will be allowed.

Feb 1, 2022

What's missing in Budget? Income support, lower tax burden and many more

The Union Budget 2022-23 continues to focus on boosting supply side over demand, with no mention of rural employment, ta sops, and the continued divide between the formal and informal economy.

Feb 1, 2022

FM Sitharaman to present Union Budget in paperless form, no "Halwa" ceremony

Like last year, Union Minister Nirmala Sitharaman will present the Union Budget for FY23 in paperless form at the Parliament on February 1.

Jan 28, 2022

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Dalal Street hopes for abolition of Securities Transaction Tax

The biggest positive trigger for Dalal Street in the upcoming Union Budget 2022 could be any abolition of Securities Transaction Tax. The street will watch if the government is able to reverse the economic downturn caused by Covid-19 which has led to severe financial disruption at both industrial and individual levels.

Jan 26, 2022

Budget 2022: Countdown to budget session begins, salaried tax payers expect major relief [key points]

The budget session of Parliament will commence on January 31 with the address of President Ram Nath Kovind to both the houses. While the first half of the session will run from January 31 to February 11, it will reassemble on March 14 and sit until April 8

Jan 20, 2022

Social media highlights the plight of differently abled man begging at Tumkur Railway Station

Muniraju, also known as Munirama, has not received pension since March 2020

Feb 24, 2021

Budget 2021: Swasth Bharat scheme, income tax relief for senior citizen | Highlights

At the beginning of the Union Budget session, Finance Minister Nirmala Sitharaman announced the PM Atmanirbhar Swasth Bharat Yojana with a corpus of Rs 64,000 crore.

Feb 1, 2021

What is Economic Survey usually laid down before Budget by the Finance Minister

Economic Survey gives a clearer picture of how the nation has fared economically and a fair idea of what to expect from the Budget 2021-22

Jan 29, 2021

Political leaders reaction on Budget 2020: Rahul Gandhi says 'repetition, lot of rambling'

In her 2.5 hour-long speech, Finance Minister Nirmala Sitharaman announced measures to boost the ailing economy and major tax reliefs. Here's how the political leaders reacted to it.

Feb 1, 2020

Union Budget 2020 highlights: As it happened

As India is facing its worst economic slowdown in a decade, it is expected that the Narendra Modi-led NDA government will announce measures to boost consumer demand and revive growth.

Feb 1, 2020

Budget 2020: Hope for good debate on economy in Budget session, says PM Modi

Prime Minister Narendra Modi asserted that the Budget Session of Parliament would try to establish a base for the bright future of this decade and economy would be the centre of discussion.

Jan 31, 2020

GST Council slashes tax rates on electric vehicles, chargers

GST Council has slashed rate for electric vehicle chargers from 18 per cent to 5 per cent to a bid to make the environment-friendly vehicle affordable for the buyers.

Jul 27, 2019

Nirmala's Budget 2019: 'Gaon, gareeb, kisan' to be core agenda, India inc new job creator, 25% tax for Rs 400 cr firms

Apart from revving economic growth, the rising fiscal deficit is another challenge that Finance Minister Nirmala Sitharaman addressed in Parliament today.

Jul 5, 2019

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Poultry farmers seek 'Agriculture' status under Income Tax Act

The Karnataka Poultry Farmers and Breeders Association (KPFBA) has shared its recommendations for the upcoming Union Budget 2019-20.

Jun 28, 2019

Parliament LIVE: MPs take oath at inaugural session of 17th Lok Sabha

The first session of the 17th Lok Sabha will be convened from June 17 to July 26.

Jun 17, 2019

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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.

Jun 16, 2019

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.

Jun 10, 2019

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