Union Budget

Govt keen 2017-18 Budget should not clash with polls: Jaitley 

Oct 11, 2016 at 14:42 | Source:PTI

The Cabinet on September 21 had in-principle decided to end the colonial-era tradition of presenting the Union Budget on last day of February and advance it by about a month to help complete the legislative approval for the annual spending plans and tax proposals before beginning of the new financial year on April 1.

FinMin may finalise listing plan for PSU insurers in 2 mths 

Oct 09, 2016 at 12:42 | Source:PTI

The Finance Ministry is likely tofinalise contours of listing of public sector generalinsurance companies in a couple of months.

Finmin seeks industry suggestions on taxation for Budget 

Oct 07, 2016 at 17:42 | Source:PTI

Gearing up for early presentationof Union Budget 2017-18, the Finance Ministry has askedindustry and trade bodies to start sending suggestions ontaxation and other fiscal issues.

FM officials brainstorm over merger of rail & union budget 

Oct 06, 2016 at 22:25 | Source:CNBC-TV18

Finance Ministry officials met with the parliamentary standing committee on finance to defend the proposal to merge the Railway and Union Budget.

Finmin officials to brief MPs on Budget reforms today 

Oct 06, 2016 at 09:52 | Source:PTI

The Parliamentary Standing Committee on Finance headed by by former Union Minister and senior Congress leader M Veerappa Moily will deliberate on the Budget reforms.

Winter session schedule likely to be decided next week 

Oct 05, 2016 at 09:10 | Source:PTI

The Cabinet Committee on Parliamentary Affairs, headed by Home Minister Rajnath Singh, is sheduled to meet next Thursday to decide the schedule, sources said.

Finance Ministry may talk to EC before finalising Budget date 

Sep 26, 2016 at 10:08 | Source:PTI

The elections in five states, he said, are likely to be held in phases and the government in no way wants any of them to clash with the Budgetary exercise.

UBI receives Rs 608 cr capital infusion from government 

Sep 23, 2016 at 11:12 | Source:PTI

"The bank has received Rs 608 crore from the central government towards preferential allotment of 26,74,87,901 equity shares of Rs 10 each at a price of Rs 22.73 per share," UBI said in a BSE filing.

'Merger of Budgets a step towards privatisation of Railways' 

Sep 22, 2016 at 16:20 | Source:PTI

"The abolition of a separate railway budget is not what it is purported to be. It is a measure towards commercialisation and privatisation of the Indian Railways," CPI(M) Politburo said in a statement.

Budget overhaul: 2017 may be a breakout year for policy making 

Sep 21, 2016 at 19:07 |

The Cabinet decision to bring forward the presentation of the union Budget and merge the Railway budget with it, along with a likely roll-out of the Goods and Services Tax from April 1 next year, could well make 2017 a breakout year for policy-making.

Merging Budgets will bring railways to center stage of policy 

Sep 21, 2016 at 17:01 | Source:CNBC-TV18

With plans to remove classification according to plan and non-plan expenditures, Shaktikanta Das says the government has already started conducting dry runs of a budget without plan and non-plan expenditures.

Rlys won't have to pay dividend under merged Budget: Fin Secy 

Sep 21, 2016 at 15:27 | Source:CNBC-TV18

Once the circular is issued Budget exercise will kick off, Finance Secretary Ashok Lavasa told CNBC-TV18. Under the contours of the merged Budget, gross budgetary support to Railways Ministry will continue, so will the commercial arrangements of Railways Ministry, he said.

Investments for rlys won't go down after merger: Yashwant Sinha 

Sep 21, 2016 at 15:23 | Source:CNBC-TV18

Speaking to CNBC-TV18 Former Finance Minister Yashwant Sinha said the railways cant be treated like any other department. "My own feeling is that the Finance Minister will have to grant a lot of autonomy to the Ministry of Railways, he said.

7 questions you wanted to ask about Rail, Union Budget merger 

Sep 21, 2016 at 13:52 |

The Finance Ministry on Wednesday accepted the NITI Aayog member Bibek Debroy-initiated and Railway Minister Suresh Prabhu-backed proposal to merge the Rail and General Budgets. Heres a quick take on the benefits and drawbacks of the merger.

On a single track: Rail, Union Budget merged 

Sep 21, 2016 at 12:38 |

The 92-year-old habit of presenting a separate Railway Budget has finally come to an end. Railway Budget has been merged with Union Budget. The government has also advanced the date for Budget presentation and having just one head of expenditure by merging both plan and non-plan expenditures.

Sensex, Midcap hold gains; Rail, Union Budget to be merged 

Sep 21, 2016 at 12:00 |

Finally the Cabinet has approved merger of Rail Budget with the Union Budget. It also approved advance Budget date and the date for Union Budget will be announced later.

Cabinet to discuss Union Budget presentation on February 1 today 

Sep 21, 2016 at 08:12 | Source:PTI

The proposal for advancing of the Budget and the merger of the railway Budget with it will be considered tomorrow at a meeting of the union Cabinet to be chaired by Prime Minister Narendra Modi, who has been pushing for it.

Cabinet approval for merger of Rail Budget with Union Budget 

Sep 20, 2016 at 20:08 | Source:PTI

The decision for the merger of Railway Budget with the General Budget is likely to get the official seal at the Union Cabinet meeting which is slated for tomorrow.

Advancing Budget to leave govt with lesser fiscal data: ICRA 

Sep 20, 2016 at 18:26 | Source:PTI

As the government looks toadvance the Union Budget presentation by a month toJanuary-end, rating agency ICRA today flagged concerns aboutavailability of lesser data, saying advance GDP estimates aswell as corporate tax filings are available only in February.

Budget overhaul, advancement of session on Cabinet agenda 

Sep 20, 2016 at 15:44 | Source:PTI

The Cabinet is likely to suggest a window for the Budget session and subsequently Cabinet Committee on Political Affairs (CCPA) would take final decision on the exact date for the session, sources said.

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