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  • Open to further stimulus, assessing impact of the COVID-19 pandemic on FY21: Nirmala Sitharaman Oct 19, 2020 07:27 PM IST

    Open to further stimulus, assessing impact of the COVID-19 pandemic on FY21: Nirmala Sitharaman

    Finance Minister Nirmala Sitharaman also said the Centre would come out with fresh growth and budgetary estimates for the COVID-19 pandemic-hit 2020-21.

  • Exclusive | LIC IPO may not happen before second quarter of FY22 Oct 08, 2020 03:15 PM IST

    Exclusive | LIC IPO may not happen before second quarter of FY22

    The government is yet to appoint book running lead managers and legal advisors. An embedded value has to be decided, the insurer has to pare its stake in a number of other listed companies and has to tweak its balance sheets to comply with regulations, and the LIC Act has to be amended in Parliament.

  • Budget 2020 | Home Ministry gets Rs 167,250cr allocation, 41% higher than 2019: Report Feb 20, 2020 04:07 PM IST

    Budget 2020 | Home Ministry gets Rs 167,250cr allocation, 41% higher than 2019: Report

    This year's budgeted expense of the ministry makes up about 5 percent of the total expenditure budget of the government for 2020-21.

  • Union Budget 2020: Five Significant Things You Should Know About Home Loan Incentives Feb 03, 2020 04:15 PM IST

    Union Budget 2020: Five Significant Things You Should Know About Home Loan Incentives

    now the essential points on Home loan included in the Indian Union Budget of 2020 covered by the Finance Minister.

  • No intention to tax global income of NRIs in India, says FM Feb 02, 2020 04:29 PM IST

    No intention to tax global income of NRIs in India, says FM

    Following the Budget announcement on Saturday there was confusion about the tax liability of Non-Resident Indians (NRIs) on their global income.

  • Cess on imported medical devices to lead to cost escalation for patients: MTaI Feb 02, 2020 02:45 PM IST

    Cess on imported medical devices to lead to cost escalation for patients: MTaI

    This is against the basic ethos of Pradhan Mantri Jan Arogya Yojana (PMJAY) wherein government wants to provide affordable healthcare for all, MTaI said.

  • Govt hikes allocation for Fund of Funds, Make in India prog in FY21 Budget Feb 02, 2020 12:03 PM IST

    Govt hikes allocation for Fund of Funds, Make in India prog in FY21 Budget

    The government has set up a Fund of Funds for Startups (FFS) with a corpus of Rs 10,000 crore.

  • Startups hail Budget for relaxing ESOPs norm Feb 02, 2020 08:58 AM IST

    Startups hail Budget for relaxing ESOPs norm

    During her Budget speech, Finance Minister Nirmala Sitharaman proposed easing of tax payments for startups - a decision which has been hailed by budding entrepreneurs.

  • Budget allocation to steel ministry drops by 49% to Rs 100 cr in 2020-21 Feb 02, 2020 08:55 AM IST

    Budget allocation to steel ministry drops by 49% to Rs 100 cr in 2020-21

    This decline has been over the revised estimates of the 2019-20 Budget, according to Budget documents.

  • Prices of consumer goods may rise due to duty price hike: CEAMA Feb 02, 2020 08:52 AM IST

    Prices of consumer goods may rise due to duty price hike: CEAMA

    According to the Consumer Electronics and Appliances Manufacturers Association (CEAMA), the price escalation would be in the short run but the move would give a boost to domestic manufacturing.

  • NBFC players say budget offers some hope, finally Feb 02, 2020 08:50 AM IST

    NBFC players say budget offers some hope, finally

    The shadow banking sector, which also includes housing finance companies, has been struggling ever since the bankruptcy of IL&FS in September 2018 which created a crisis of confidence for the system and the resultant snapping of credit flow to them.

  • Pvt trains, solar power-driven network, transport of perishables form budget blueprint for railways Feb 02, 2020 08:47 AM IST

    Pvt trains, solar power-driven network, transport of perishables form budget blueprint for railways

    In 2019-2020, the budgetary support was revised to Rs 69,967 crore.

  • People of J&K, Ladakh want freedom, restoration of human rights: Chidambaram Feb 02, 2020 08:46 AM IST

    People of J&K, Ladakh want freedom, restoration of human rights: Chidambaram

    Chidambaram made the remarks when he was asked by reporters to comment about the higher allocation for the Union Territory of Jammu and Kashmir in the Union budget.

  • FM proposes solar power plants along rail tracks: Rlys says 51,000 hectares of unused land available Feb 02, 2020 08:45 AM IST

    FM proposes solar power plants along rail tracks: Rlys says 51,000 hectares of unused land available

    Railway Board Chairman VK Yadav said the national transporter had planned to set up 1,000-MW solar power plants and about 200-MW wind power plants by 2021-22 across its zones and production units.

  • Budget 2020: Realtors disappointed, say no major announcements to address industry concerns Feb 02, 2020 08:35 AM IST

    Budget 2020: Realtors disappointed, say no major announcements to address industry concerns

    "The direction of the budget is progressive, however, there are no sector-specific measures for the realty sector," CREDAI National Chairman Jaxay Shah said.

  • Union budget falls short of people's expectations in J-K: Cong Feb 02, 2020 08:32 AM IST

    Union budget falls short of people's expectations in J-K: Cong

    The Centre abrogated Article 370 provisions granting special status to Jammu and Kashmir and bifurcated it into Union territories of Jammu and Kashmir, and Ladakh in August last year.

  • Budget 2020: This is a budget for 'New India', to benefit every strata of society, says Thakur Feb 02, 2020 08:30 AM IST

    Budget 2020: This is a budget for 'New India', to benefit every strata of society, says Thakur

    Calling it the new-decade budget for New India, he said Prime Minister Narendra Modi-led government believes in 'Sabka Sath, Sabka Vikas'.

  • Budget 2020 | Manufacturing has something to cheer Feb 01, 2020 09:10 PM IST

    Budget 2020 | Manufacturing has something to cheer

    The underlying theme in the Budget is aligned with the government’s leitmotif – ‘Make in India’.

  • Budget 2020 | Nirmala Sitharaman keeps the future in focus Feb 01, 2020 08:23 PM IST

    Budget 2020 | Nirmala Sitharaman keeps the future in focus

    Finance Minister Nirmala Sitharaman was candid in her Budget speech when she said this is a Budget reminiscent of the fundamentals of economic policy and fiscal planning, which if deployed prudently, will make the promise of a $5trillion+ economy a reality, sooner than later

  • Budget 2020 | Are the tax steps in the right direction? Feb 01, 2020 08:19 PM IST

    Budget 2020 | Are the tax steps in the right direction?

    Overall, the Budget is a continuing step in the government’s journey of conducive tax environment.

  • Budget attempts to optimise stimulus within a credible fiscal framework Feb 01, 2020 07:42 PM IST

    Budget attempts to optimise stimulus within a credible fiscal framework

    Direct tax revenue targets look a little optimistic and seem to have built in excessive buoyancy

  • Budget 2020 | Repair at the cost of India’s fiscal health? Feb 01, 2020 07:30 PM IST

    Budget 2020 | Repair at the cost of India’s fiscal health?

    While the fiscal stimulus towards the rural segment is noteworthy, the additional tax cuts and incentives for the corporate sector raise concerns about the government’s fiscal health

  • Budget 2020 | Corporate tax measures to revive business confidence Feb 01, 2020 07:27 PM IST

    Budget 2020 | Corporate tax measures to revive business confidence

    The government has focused on getting the economy back on track and improve the ease of doing business.

  • Budget 2020 | On climate change, it was business as usual Feb 01, 2020 07:08 PM IST

    Budget 2020 | On climate change, it was business as usual

    Budget announcements on climate change are nothing but a lip service and the proposed incremental measures fall short in their intent to transform India into a sustainable, low-carbon, high-growth economy is disappointing.

  • Union Budget 2020: Lots of talk, but no major increase in allocation to agri sector Feb 01, 2020 07:04 PM IST

    Union Budget 2020: Lots of talk, but no major increase in allocation to agri sector

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