Union Budget 2018

Budget 2019: Gold to get costlier, import duty hiked

Sat, Jul 06, 2019

The government today increased customs duty on gold. Currently, gold attracts an import duty of 10%. According to the Budget proposals, import duty to be hiked on gold and precious metals to 12.5%, from the current level of 10%. India is one of the largest gold importers in the world, and the imports mainly take care of demand from the jewelry sector.

More >

Money Guru: Understanding an interim budget?

Sat, Jan 19, 2019

Ahead of the elections which is slated during May 2019, the central government is all geared up to announce its interim budget most likely on February 1, 2019. In this episode of money guru, find out what an interim budget is and the need for it at the moment.

More >

Petrol, diesel prices down in India despite global crude touching 2-week high

Fri, Feb 23, 2018

State-owned oil marketing companies (OMCs) like IOCL, Bharat Petroleum Corp Limited (BPCL) and Hindustan Petroleum Corp Limited (HPCL) have started to bring petrol and diesel prices from February 8. 

More >

Budget 2018: Boon or bane for individual tax payers?

Fri, Feb 02, 2018

The Finance Minister in his Budget speech mentioned that there would be no changes to individual income-tax rates as the government has made many positive changes in the personal income-tax in the last three years.

More >

Market extends losses a day after Budget 2018; Sensex down over 300 points

Fri, Feb 02, 2018

The S&P BSE Midcap and the S&P BSE Smallcap indices underperformed with both the indices shedding over 1 per cent each.

More >

Bitcoin slips below $9000, lowest since Nov as Arun Jaitley unnerve investors

Fri, Feb 02, 2018

Bitcoin, the world’s largest cryptocurrency, extended losses on Friday, after skidding 11 per cent on Thursday to its lowest since November, As Finance Minister Arun Jaitley announced a clampdown on cryptocurrency in Union Budget 2018.

More >

Union Budget 2018 and impact on the market

Thu, Feb 01, 2018

Fiscal deficit stands at 3.5% and the projection for the next fiscal is 3.3%

More >

Enhanced allocation to Smart City mission pleases realty sector

Thu, Feb 01, 2018

The Budget allocated 2.04 lakh crore for 99 cities under Smart City mission

More >

Fiscal slippage, LTCG, rural push main focus of Budget 2018

Thu, Feb 01, 2018

Higher than estimated expenses and lower revenue on account of lower GST collections and no spectrum auctions lead to miss fiscal deficit target

More >

Budget 2018 from a stock trader's point of view

Thu, Feb 01, 2018

By Nikhil Kamath The much-anticipated budget is finally out and as expected the government in their last year of incumbency have largely delivered a budget that looks to appease a larger vote bank.

More >

Happy as an Indian, not as investor: Madhusudan Kela on LTCG

Thu, Feb 01, 2018

As for stock market, reinstating LTCG may dampen the sentiment in the short-run, but Kela favoured taxing the long-term capital gains. 

More >

Jan Dhan Accounts get a boost from Budget 2018

Thu, Feb 01, 2018

 “The government will expand the coverage under Prime Minister Jan Dhan Yojana by bringing all sixty crore basic accounts within its fold,” said the Finance Minister.

More >

7 out of 10! This is Nirmal Jain's rating for Union Budget 2018

Thu, Feb 01, 2018

Re-introduction of long-term capital gains (LTCG) on equities should not be seen in a negative light, said Nirmal Jain, Founder & Chairman, IIFL Group- FCA, ICWA.  

More >

Average budget, policy uncertainty back, LTCG a retrograde step: Ajay Bagga

Thu, Feb 01, 2018

"No path-breaking measures have been announced. I would call it an average Budget, Bagga said. 

More >

Jaitley makes an effort to please all through his budget

Thu, Feb 01, 2018

Finance Minister Arun Jaitley today presented the Budget for 2018-19 with several important announcements. Jaitley spoke of massive spending on rural infrastructure, to win over voters in the countryside where two-thirds of India`s people.

More >

This stock surged 14% after a favourable announcement in Budget 2018

Thu, Feb 01, 2018

This company is the leading manufacturer of prawn and fish Feeds and shrimp processor and exporter from India.

More >

Jaitley: Govt to spend Rs 14.34 lakh crore for Rural India in FY19

Thu, Feb 01, 2018

 "Our emphasis is on generating higher income for farmers, They are also focusing on generating productive employment on farms and non-farm workers," said Jaitley.

More >

Union Budget 2018: Sensex erases gains as govt plans to tax equities

Thu, Feb 01, 2018

Equity markets firm up as Finance Minister, Arun Jaitley, presents Union Budget in Parliament.  

More >

Agriculture stocks spike up to 6% on big push to rural India in Budget 2018

Thu, Feb 01, 2018

Agriculture-related stocks rallied up to 6 per cent on Thursday soon after the Finance Minister Arun Jaitley announced favourable measures such as hiking minimum support price (MSP), allocating more funds to rural-focused schemes to boost agriculture sector. 

More >

Key Highlights of Union Budget 2018

Thu, Feb 01, 2018

More >

Budget FY19: Will there be any change in GST?

Thu, Feb 01, 2018

Economic Survey 2018  says, “GST promises to be a buoyant source of future revenues.”

More >

Budget 2018: Focus on these key areas as you listen to Arun Jaitley’s speech

Thu, Feb 01, 2018

Keeping an eye on these five points will just be enough for you to make out if this year’s Budget has been good or bad for you.

More >

Relief to market ahead of Budget 2018 as US Fed leaves rates unchanged

Thu, Feb 01, 2018

Experts believe Budget 2018 would be more of a populist budget and markets have partly factored in the possibility of a fiscal slippage

More >