Mon, Oct 07, 2024
Union Minister Piyush Goyal announced on Monday that Abu Dhabi Investment Authority (ADIA) will establish a subsidiary at GIFT City:
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Mon, Sep 16, 2024
Part of the Startup India program, the BHASKAR initiative is a platform meant to help key players in the entrepreneurial ecosystem--startups, investors, mentors, service providers, and government agencies--centralise, simplify, and improve their collaboration.
Fri, Aug 30, 2024
In a post on X, Piyush Goyal said on Friday, "Strengthening ties! Had a productive meeting yesterday with my counterpart from Oman, H.E. Qais bin Mohammed Al Yousef. Discussions focused on boosting bilateral trade, enhancing cooperation, unlocking new avenues for growth, and deepening our economic partnership."
Fri, Feb 01, 2019
"This was primarily because food inflation increased (during 2009-14). In contrast to that, our government broke the back-breaking inflation. We have brought down average inflation to 4.6 per cent, which is lower than the inflation during the tenure of any other government," Goyal said in his Budget speech in Parliament.
Presenting the Interim Budget 2019-20 in the Lok Sabha, Finance Minister Piyush Goyal said, "Half of India's GDP comes from the sweat and toil of 42 crore workers in the unorganised sector working as street vendors, rickshaw pullers, construction workers... and in numerous other similar occupations. Domestic workers are also engaged in big numbers. We must provide them comprehensive social security coverage for their old age".
Presenting the interim Union Budget in Lok Sabha, Finance Minister Piyush Goyal on Friday announced an allocation of Rs 60,000 crores for MGNREGA for budget estimates 2019-20.
Income tax rebate and increase in TDS limit would augur well for cruise tourism as budget 2019 focuses on blue economy through 'Sagar Mala' project.
Asserting the Modi government's commitment to eliminate black money from the economy, he said measures like Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, Fugitive Economic Offenders Act, 2018 and demonetisation were taken that have started showing results.
"Mobile and its parts manufacturing companies have grown from two to 268 now, creating thousands of jobs in both urban and rural areas of the country," Goyal said while presenting the Interim Budget for 2019-20 in the Lok Sabha.
Presenting the budget, Finance Minister Piyush Goyal announced that the TDS threshold on rental income had been increased from Rs 1.8 lakh to Rs 2.4 lakh.
Presenting the Interim Budget 2019-20, acting Finance Minister Piyush Goyal proposed doubling the tax exemption threshold for individual annual incomes from the current Rs 2.5 lakh to Rs 5 lakh. Individuals with yearly income within the proposed limit will not have to pay any income tax for the next fiscal.
"This income support will be transferred directly into the bank accounts of the farmers in three equal instalments of Rs 2,000 each." The scheme will be funded 100 per cent by the central government, he added.
Finance Minister Piyush Goyal was reminded of the recent Bollywood release "Uri: The Surgical Strike" by former Deputy Prime Minister and veteran BJP leader L.K. Advani just as he was about to speak on the entertainment industry during the Interim Budget presentation.
Budget 2019: Finance Minister Piyush Goyal presented the highly awaited Budget 2019 on Friday in Parliament. Here are the Highlights of Interim Budget for 2019-20:
Every employees is liable to pay taxes on their income, and hence such deduction reduces the amount a taxpayer pays to Income Tax Department.
While presenting the Interim Budget for 2019-20 in the Lok Sabha, he said: "Entertainment industry is a major employment generator. To promote the entertainment industry, there will be single window clearance to ease shooting of films.
"The government has taken many steps to support the MSME sector that provides jobs to crores of people in the country. We recently announced a facility to avail Rs 1 crore loan within 59 minutes," Piyush Goyal said, while presenting the Interim Budget for 2019-20.
However, under Rythu Bandhu, farmers irrespective of their land holding are getting Rs 8,000 per acre annually, at the rate of Rs 4,000 per acre per crop.
Interim finance minister Piyush Goyal in a major good news to home buyers and real estate developers, extended the benefits under section 80(i)BA for one more year.
Budget 2019: Yes! Do not pay income tax now if you earn as much as Rs 6.5 lakh! As was expected from Prime Minister Narendra Modi, his government will give respite to salaried employees in different sectors.
"The government will do whatever is necessary for the honour and protection of cows," he said while presenting the Interim Budget for 2019-20 in the Lok Sabha.
"All unmanned level crossings on broad gauge network have been completely eliminated," he said.
Presenting the Interim Budget for 2019-20 in the Lok Sabha, Goyal said the Pradhan Mantri Fund Scheme has been constituted with an aim to double farmers' income by 2022.
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![Govt launches "BHASKAR" one stop digital platform to connect Startup ecosystem](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2024/09/16/319550-startup-freepik.png?itok=UQvNtJnv&c=df0c90d203ce6348ecee61a25fa016ce "Govt launches "BHASKAR" one stop digital platform to connect Startup ecosystem")
