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Serious allegations: Kiren Rijiju on 'Sonia Gandhi-George Soros link' | Delhi: Over 40 schools receive bomb threats, students sent back home; Kejriwal slams Amit Shah | 'Happy if she takes more responsibility': Supriya Sule on Mamata Banerjee expressing willingness to lead INDIA bloc | Rajnath Singh to visit Moscow to attend India-Russia Inter-Governmental Commission on Military and Military Technical Cooperation | Eknath Shinde wants home ministry in Mahayuti govt: Shiv Sena | Delhi businessman, returning from morning walk, shot dead by bike-borne men | Eight people killed in Kannauj bus accident, PM Modi announces compensation | Class 12 student shoots principal in Madhya Pradesh school toilet | 8 farmers injured in tear gas shelling during 'Dilli chalo' march near Shambhu border | Chaos in Parliament after cash recovered from Congress MP Abhishek Singhvi's Rajya Sabha seat

'Bahi Khata' instead of 'brief case', Nirmala Sitharaman upholds Indian tradition in budget

Jul 05, 2019, at 10:41 am

New Delhi, July 5 (IBNS): Upholding the Indian tradition in the budget, Union Finance Minister Nirmala Sitharaman on Friday used 'Bahi Khata'  instead of brief case to carry the documents in the parliament.

Ahead of Finance Minister Nirmala Sitharaman's budget presentation, Sensex trades above 40,000

Jul 05, 2019, at 10:12 am

New Delhi, July 5 (IBNS): On a day when Finance Minister Nirmala Sitharaman is going to present her maiden Union Budget, the benchmark indices are trading higher on Friday.

Nirmala Sitharaman to present her maiden budget today

Jul 05, 2019, at 08:55 am

New Delhi, July 5 (IBNS): Finance Minister Nirmala Sitharaman is all set to present her first Union Budget on Friday.

Nirmala Sitharaman tables Economic Survey report, calls for sustained 8% growth rate; India forecasts 7% GDP growth

Jul 04, 2019, at 04:55 pm

New Delhi, July 4 (IBNS): A day ahead of the Union Budget, Finance Minister Nirmala Sitharaman on Thursday tabled the Economic Survey which has given a call for a sustained 8% growth rate for India to become a USD 5 Trillion Economy by 2024-25. The government forecast the real GDP growth for the year to 7% percent this year, while being wary of checking the fiscal deficit.

Printing process for General Budget 2019-20 commences with Halwa Ceremony, Nirmala Sitharaman participates

Jun 22, 2019, at 04:50 pm

New Delhi, June 22 (IBNS): Halwa ceremony marking the commencement of Budget printing process for the General Budget 2019-20 was held in North Block here on Saturday  in the presence of Union Minister of Finance & Corporate Affairs Nirmala Sitharaman.

Union Budget: Finance Minister Nirmala Sitharaman participates in Halwa Ceremony

Jun 22, 2019, at 04:35 pm

New Delhi, June 22 (IBNS): Union Finance Minister Nirmala Sitharaman on Saturday participated in the Halwa Ceremony in North Block of New Delhi to mark the beginning of printing of Budget related documents.  

Rs. 1330 Crore provided in the Interim budget 2019-20 for the mission for protection and empowerment for women

Feb 01, 2019, at 05:25 pm

New Delhi, Feb 1 (IBNS): An amount of Rs.1330 Crore has been provided in the Interim Budget for 2019-20 for the Mission for Protection and Empowerment for Women.

Union Budget: Indian government allocates Rs.64,587 Crore for Railways in 2019-20

Feb 01, 2019, at 05:17 pm

New Delhi, Feb 1 (IBNS): In the Interim Budget 2019-20, the Railways has been allocated Rs.64,587 crore. 

One Lakh villages to go digital over next five years: Govt

Feb 01, 2019, at 05:15 pm

New Delhi, Feb 1 (IBNS): India having emerged as the world leader in the consumption of mobile data, the Government on Friday said it is now aiming to widen its impact by reaching out to the interior and rural areas.

Anti-black money measures brought undisclosed income of about Rs 1.3 Lakh Crore to tax: FM Piyush Goyal

Feb 01, 2019, at 05:01 pm

New Delhi, Feb 1 (IBNS): The anti-black money measures taken by the Government during the last four and half years in the form of Black Money Law, the Fugitive Criminal Offenders Act, and Demonetisation, have brought undisclosed income of about Rs 1,30,000 crore to tax, said Finance Minister Piyush Goyal.

Rationalization of customs duty and procedures to give boost to “Make in India” initiative: Piyush Goyal

Feb 01, 2019, at 04:52 pm

New Delhi, Feb 1 (IBNS): The Indian government on Friday said it has undertaken rationalization of customs duties and procedures to promote the “Make in India” initiative.

GST, the biggest taxation reform, led to increase in tax base, higher collections and ease of trade: Piyush Goyal

Feb 01, 2019, at 04:46 pm

New Delhi, Feb 1 (IBNS): The Goods and Services Tax (GST) reforms has resulted in increased tax base, higher collections and ease of trade, Union Finance Minister Piyush Goyal said on Friday. 

India now 6th largest economy in the world with high growth: FM Piyush Goyal

Feb 01, 2019, at 04:38 pm

New Delhi, Feb 1 (IBNS): Under the leadership of the Prime Minister Narendra Modi, the country has witnessed its best phase of macro-economic stability, becoming the sixth largest economy in the world from being the 11th in the World in 2013-14, said Union Finance Minister Piyush Goyal on Friday.

Union Budget: Highest ever growth of 42% recorded in minimum wages of labours during last 5 years

Feb 01, 2019, at 04:32 pm

New Delhi, Feb 1 (IBNS): During the last 5 years, the minimum wages of labours of all classes have been increased by 42% which is the highest increase so far, revealed Union Finance Minister Piyush Goyal while presenting the budget on Friday.

Union Budget: Government proposes to launch pension scheme for unorganised sector workers

Feb 01, 2019, at 04:18 pm

New Delhi, Feb 1 (IBNS): The Government on Friday proposed to launch a mega pension yojana namely 'Pradhan Mantri Shram-Yogi Maandhan'for the unorganised sector workers with monthly income upto Rs. 15,000.

Union Budget: Fiscal deficit pegged at 3.4% of GDP for 2019-20

Feb 01, 2019, at 04:13 pm

New Delhi, Feb 1 (IBNS): The Interim Budget 2019-20 has pegged the fiscal deficit for the year 2019-20 at 3.4% of GDP.

Income upto Rs 5 lakh to get full tax rebate: FM Goyal announces in Budget

Feb 01, 2019, at 04:11 pm

New Delhi, Feb 1 (IBNS): Individual taxpayers having taxable annual income up to  Rs.5 lakhs will get full tax rebate and therefore will not be required to pay any income tax, Union Finance Minister Piyush Goyal announced while presenting the budget on Friday. 

Pradhan Mantri Kisan Samman Nidhi announced to provide assured income support to small and marginal farmers

Feb 01, 2019, at 04:05 pm

New Delhi, Feb 1 (IBNS): To provide assured income support to the small and marginal farmers, the Government said it is launching the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN).

Union Ministry to present interim budget on Friday, industry expectations ride high

Jan 31, 2019, at 09:15 pm

Interim finance minister Piyush Goyal will present the last budget for the Narendra Modi led government on Friday.

Corporate sector reacts to Arun Jaitley's pro-poor Budget

Feb 02, 2018, at 03:26 am

New Delhi, Feb 1 (IBNS): The corporate sector has reacted to the last full budget which was present by Union Finance Minister Arun Jaitley on Thursday.

A record one Lakh Crore Rupees expected to be generated through disinvestment during the period 2017-18

Feb 01, 2018, at 07:56 pm

New Delhi, Feb 1 (IBNS) : Union  Finance and Corporate Affairs Minister Arun Jaitely, while presenting the General Budget 2018-19 in Parliament on Thursday, said that the Government has initiated the process of strategic disinvestment in 24 CPSEs including strategic privatization of Air India.    

Arun Jaitley presents election-bound budget with a revolutionary healthcare scheme for poor

Feb 01, 2018, at 06:45 pm

New Delhi, Feb 1 (IBNS) Ahead of the election year in 2019, Union Finance Minister Arun Jaitley on Thursday presented a wide-ranging Union Budget that envisages a landmark healthcare scheme for the poor proposing to bring 500 million people under it with an annual hospitalisation limit of up to Rs 5 lakh while keeping the personal income tax limits unchanged.

Finance Minister Arun Jaitley to present Union Budget today

Feb 01, 2018, at 03:28 pm

New Delhi, Feb  1 (IBNS): Union Finance Minister Arun Jaitley will present the Union Budget at 11 am on Thursday.

Arun Jaitley to present Union Budget tomorrow, Indian companies hopeful

Feb 01, 2018, at 01:10 am

New Delhi, Jan 31 (IBNS): Union Finance Minister Arun Jaitley will present the Union Budget on Thursday even as many Indian companies are hopeful of measures by the finance minister that would boost industry.

Budget expectations: Bengal Chamber wants corporate tax structure reduced to 28 per cent

Jan 31, 2018, at 07:24 pm

Kolkata, Jan 31 (IBNS): The Bengal Chamber of Commerce and Industry, a Kolkata-based chamber of commerce, has put forth its expectations from the Union Budget 2018.

Union Budget 2018-19: ASSOCHAM seeks 10% customs duty on pulp imports

Jan 16, 2018, at 09:50 pm

New Delhi, Jan 16 (IBNS): Apex industry body ASSOCHAM has urged the Centre to impose 10 per cent customs duty on import of hardwood chemical pulp and bleached chemi-thermo mechanical pulp (BCTMP) to encourage domestic pulp production, provide fillip to job creation and promote overall economic development of India’s vast rural hinterland housing pulpwood plantations.

Adhaar becomes mandatory for IT returns and applying for PAN

Mar 22, 2017, at 03:15 am

New Delhi, Mar 21 (IBNS): Adhaar card would be mandatory for filing Income Tax returns and applying for PAN from July onwards, as the government decided on Tuesday.

Jaitely increases 48% fund allocation for NE development

Feb 02, 2017, at 01:07 am

Guwahati, Feb 1 (IBNS) : Even not a single special project announced for the North East India in the Union Budget 2017-18, Union Finance Minister Arun Jaitely increasing overall fund allocation to the region by 48% in his fourth budget against the previous budget.

Budget: Political Parties cannot receive donation above Rs. 2,000 in cash from one person

Feb 02, 2017, at 12:30 am

New Delhi, Feb 1 (IBNS): Union Minister for Finance and Corporate Affairs Arun Jaitely while presenting the General Budget 2017-18 in Parliament on Wednesday said that the political party can receive maximum donation up to Rs. 2,000 in cash from one person.

Business like budget; high on reforms, rural demand & infra: ASSOCHAM

Feb 02, 2017, at 12:24 am

New Delhi, Feb 1 (IBNS): Apex industry body ASSOCHAM today congratulated Prime Minister Narendra Modi and Union Finance Minister Arun Jaitley for giving a truly workman and business-like Budget, with a great focus on rural economy, small and medium enterprises, small income tax payers and importantly bringing reforms in political funding.