Thu, Dec 05, 2024
Finance Minister Nirmala Sitharaman will start pre-Budget consultations with various stakeholders beginning Friday as part of Budget making exercise.
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In the revised budget estimates for 2024-25, the Chief Minister Atishi-led Delhi government has increased the budget outlay to Rs 77,700 crore. The actual budget estimate of Delhi is Rs 76000 crore.
Tue, Dec 03, 2024
This would be the second full budget of the Modi 3.0 government, which is going to give policy direction for achieving the goal of Viksit Bharat (developed India) by 2047.
Mon, Feb 01, 2021
For every rupee in the government coffer, 53 paise will come from direct and indirect taxes, 36 paise from borrowings and other liabilities, 6 paise from non-tax revenue like disinvestment and 5 paise from non-debt capital receipts.
Fiscal deficit in Re 2020-21 9.5% of GDP funded through government borrowing, multilateral borrowing, small saving funds and short term borrowing. government need another 80 thousand crores from which they would approach the market to ensure that the economy gets required push.
Budget 2021: In a bid to boost Prime Minister Narendra Modi's 'AatmaNirbhar Bharat' initiative and make India a $5 trillion economy, Finance Minister Nirmala Sitharaman has some special plans via Protection Linked Incentive (PLI) Scheme.
Government is working towards strategic disinvestment. Target to raise 1.75 Lakh Cr from disinvestment in FY22.
Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in Parliament. Following are the reactions of industrialists to budget proposals:
Finance Minister Nirmala Sitharaman announced the extension of the Ujjwala scheme covering more beneficiaries, the gas pipeline project in Jammu and Kashmir, and the setting up of an independent gas transport system operator.
The BSE Sensex soared over 2,000 points on Monday afternoon after Finance Minister Nirmala Sitharaman completed her first digital presentation of the Union Budget for FY21-22.
Shares of companies related to the insurance sector jumped up to 12 per cent on Monday after the government proposed to increase foreign direct investment (FDI) limit in the insurance sector to 74 per cent.
Nirmala Sitharaman in her budget speech talked about the Financial Capital structure, she added that the Government will extend its full support to the development of a world-class fin-tech hub at IFS.
Has Budget 2021 made fuel costlier for you? Will petrol and diesel prices rise now after presentation of Budget 2021? Finance Minister Nirmala Sitharaman today announced imposition of Agriculture Infrastructure and Development Cess (AIDC) on petrol and diesel. The AIDC of Rs 2.5 per litre has been imposed on petrol and Rs 4 per litre on diesel. What will this do the pockets of the common man?
Finance Minister Nirmala Sitharaman announced that the government would reduce compliances for one-person companies (OPC) to promote entrepreneurship and innovation in India.
Budget 2021 has been presented in Parliament and the question on everyone's mind is - What got cheaper and what got costlier. Union Finance Minister Nirmala Sitharaman on Monday announced the Union Budget 2021. See Zee Business Live TV Streaming Below:
Finance Minister Nirmala Sitharaman proposed to set up 'a faceless dispute resolution mechanism for small taxpayers'. Hence the Income Tax Appellate Tribunal will go faceless, which basically means that all procedures shall now be carried out electronically.
Budget 2021: Finance Minister Nirmala Sitharaman on Monday presented the Union Budget 2021 in the Parliament. In a bid to promote domestic electronic manufacturing, Indian government has decided to remove exemptions on parts of chargers and mobiles.
Motilal Oswal highlights that the Government to increase FDI from 49% to 74% in insurance, this announcement will be positive for HDFC Life, SBI Life, ICICI Prudential Life in Insurance sector.
Presenting the Union Budget for FY21-22, Finance Minister Nirmala Sitharaman today proposed no filing of Income Tax Return (ITR) by senior citizens who are above 75 years of age and have only pension and interest income. Pension from the ex-employer is taxed under the income tax head of Salary while family pension is taxed as ‘income from other sources’.
Finance Minister Nirmala Sitharaman announced that the FDI limit in insurance companies has been raised to 74%. This will increase innovation in insurance products and remove capital shortage.
Budget 2021 is aimed at reviving an economy that plunged into deepest recorded slump amid the COVID-19 pandemic, Finance Minister Nirmala Sitharaman proposed doubling healthcare spending and much more.
Budget 2021: Finance Minister Nirmala Sitharaman on Monday reduced the time limit for reopening of income tax assessment cases to three years from six years, while for serious tax fraud cases where concealment of income is Rs 50 lakh or more it would be 10 years.
Finance minister Nirmala Sitharaman announced a massive ₹3.05 trillion electricity distribution reform program to help reduce losses and improve the efficiency of electricity distribution companies.
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