Budget 2019-live

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Budget 2019-live - Total results - 43
Highlights of Budget 2019: Chidambaram claims Budget 'bereft of any reforms', says chief economic adviser must be most disappointed
Business

Highlights of Budget 2019: Chidambaram claims Budget 'bereft of any reforms', says chief economic adviser must be most disappointed

Budget 2019 LIVE Updates: At a press conference, former finance minister P Chidambaram claimed that the Union Budget was "bereft of any reforms". "The most disappointed person must be the chief economic adviser. The only investment-related proposal was the to increase the FPI percent. The Modi government treats India as one big state government. Apparently the prime minister believe that only his government can deliver basic public goods and services. It is not good to reduce state government to local administrations," he said.

Interim Budget 2019 PDF: Full text of Piyush Goyal's speech in Parliament; finance minister dangles pre-poll carrot for middle class ; download here
Business

Interim Budget 2019 PDF: Full text of Piyush Goyal's speech in Parliament; finance minister dangles pre-poll carrot for middle class ; download here

In a clear pre-poll sop for the middle class, Finance Minister Piyush Goyal said that the government proposes to raise the income tax exemption limit to Rs 5 lakh, but left the implementation to the next government in the full-fledged budget. It has also proposed to raise the standard deduction to Rs 50,000.

Budget 2019: Farm relief package of Rs 75,000 cr targetted at small and marginal farmers, says Finance Secretary
Business

Budget 2019: Farm relief package of Rs 75,000 cr targetted at small and marginal farmers, says Finance Secretary

Along with the relief package for farmers, the government has initiated a range of measures to boost agriculture.

Budget 2019: Raising income tax exemption limit to Rs 5 lakh will give relief to many; ensure more savings and investments
Business

Budget 2019: Raising income tax exemption limit to Rs 5 lakh will give relief to many; ensure more savings and investments

One very important move in Budget 2019 is that income tax returns will now be processed within 24 hours and refunds will be initiated immediately.

Budget 2019: Narendra Modi govt has gone back to Congress' 'Garibi Hatao' in same tax-and-spend way
Business

Budget 2019: Narendra Modi govt has gone back to Congress' 'Garibi Hatao' in same tax-and-spend way

Filling in for Finance Minister Arun Jaitley, who is ailing and under medical treatment in the United States, Piyush Goyal said he was presenting an interim Budget but tabled a full-fledged on

Budget 2019: Law Ministry gets additional Rs 666.66 crore for conducting Lok Sabha polls
India

Budget 2019: Law Ministry gets additional Rs 666.66 crore for conducting Lok Sabha polls

The Law Ministry has been allocated an additional sum of over Rs 666 crore for conducting Lok Sabha elections due this summer.

Direct tax collection exceeds target in FY19, pegged at Rs 13.80 lakh cr in FY20; mop-up from customs crosses target
Business

Direct tax collection exceeds target in FY19, pegged at Rs 13.80 lakh cr in FY20; mop-up from customs crosses target

As per the 2019-20 Budget estimates, out of the Rs 13.80 lakh crore direct taxes, the government aims to raise Rs 7.60 lakh crore from corporate tax and Rs 6.20 lakh crore from PIT.

Budget 2019: Govt plans to mop up Rs 90,000 cr from CPSE share sale in FY20; confident of crossing previous year’s target
Business

Budget 2019: Govt plans to mop up Rs 90,000 cr from CPSE share sale in FY20; confident of crossing previous year’s target

The government, which has already raised around Rs 36,000 crore from disinvestment so far in the current fiscal, expects to raise another Rs 44,000 crore from share sale in state-owned companies in the two months till March 2019.

Budget 2019: Things to watch for in the new mega pension scheme; will it make Atal Pension Yojana redundant?
Business

Budget 2019: Things to watch for in the new mega pension scheme; will it make Atal Pension Yojana redundant?

The Atal Pension Yojana levies heavy penalties for delay in paying monthly contributions, or inability to pay contributions for certain months.

Budget 2019: Income tax rebate hiked for income up to Rs 5 lakh; here is how much you will save now
Business

Budget 2019: Income tax rebate hiked for income up to Rs 5 lakh; here is how much you will save now

Finance Minister Piyush Goyal on Friday doled out tax sops to middle class including doubling of income tax exemption limit to Rs 5 lakh and raising standard deduction to Rs 50,000, and provided concessions on interest income from bank deposits and rent.

Budget 2019: Piyush Goyal terms financial help a major relief for small, marginal farmers
Business

Budget 2019: Piyush Goyal terms financial help a major relief for small, marginal farmers

Goyal said that the Centre would request the state governments to give list of farmers with less than 2 hectares of land holding, so that small and marginal farmers can enjoy these benefits

Budget 2019 Updates: Opposition terms interim budget a 'jumla'; Congress says Narendra Modi giving a vision of 10 yrs at end of tenure
Business

Budget 2019 Updates: Opposition terms interim budget a 'jumla'; Congress says Narendra Modi giving a vision of 10 yrs at end of tenure

Budget 2019 LIVE: Rajasthan chief minister Ashok Gehlot termed the budget as another 'jumla' of the Narendra Modi government. The Opposition has been targeting the interim budget calling it an exhibition of hollow dreams. Gehlot said that Narendra Modi was showing people dreams for the next 10 years when in reality, his term is going to end soon.

Budget 2019: Income up to Rs 5 lakh exempt from tax, farmers to get annual cash dole of Rs 6,000
Business

Budget 2019: Income up to Rs 5 lakh exempt from tax, farmers to get annual cash dole of Rs 6,000

Making a strong re-election pitch, the BJP-led NDA government Friday announced the biggest income tax sops for the middle class, including a complete exemption for income up to Rs 5 lakh, and Rs 6,000 annual cash dole to poor farmers in a scheme that will cost Rs 75,000 crore per year

Budget 2019: Finance minister Piyush Goyal proposes to hike TDS threshold on rent income to Rs 2.4 lakh
Business

Budget 2019: Finance minister Piyush Goyal proposes to hike TDS threshold on rent income to Rs 2.4 lakh

Finance Minister Piyush Goyal on Friday proposed to increase tax deducted at source (TDS) limit on rent income to Rs 2.4 lakh from the current Rs 1.80 lakh

Budget 2019 in graphics: Narendra Modi govt steps up rural funding in last budget before Lok Sabha elections, deficit rises
Business

Budget 2019 in graphics: Narendra Modi govt steps up rural funding in last budget before Lok Sabha elections, deficit rises

The Interim Budget presented by Finance Minister Piyush Goyal unveiled an interim budget with giveaways for rural citizens and tax benefits for the middle class, in what is being seen as a critical test for Prime Minister Narendra Modi, who is facing anger over depressed farm incomes and unemployment with a general election just months away.

Budget 2019 is more than lip service for middle class; 100% tax rebate for those earning up to 5 lakh is substantial
Business

Budget 2019 is more than lip service for middle class; 100% tax rebate for those earning up to 5 lakh is substantial

Non-senior citizens have now been spared of the TDS rigor upto Rs 40,000 but without any income tax exemption upto Rs 40,000.

Railway Budget 2019 Highlights: Railways get highest-ever funding; Centre announces Rs 1.58 lakh crore capital expenditure for sector
India

Railway Budget 2019 Highlights: Railways get highest-ever funding; Centre announces Rs 1.58 lakh crore capital expenditure for sector

Finance Minister Piyush Goyal said the operating ratio for Indian Railways is expected to improve from 98.4 percent in 2017-18 to 96.2 percent in 2018-19 and further to 95 percent in 2019-20.

Union Budget 2019: Piyush Goyal announces Rs 60,000 crore allocation to MNREGA scheme in bid to tackle unemployment
India

Union Budget 2019: Piyush Goyal announces Rs 60,000 crore allocation to MNREGA scheme in bid to tackle unemployment

In a bid to woo farmers, poor and the marginalised, Finance Minister Piyush Goyal on Friday announced a higher allocation of funds for their benefit.

Arun Jaitley compliments finance minister Piyush Goyal for 'excellent pro-farmer, pro-poor budget'
Business

Arun Jaitley compliments finance minister Piyush Goyal for 'excellent pro-farmer, pro-poor budget'

Union Minister Arun Jaitley on Friday complimented Piyush Goyal for delivering an excellent pro-farmer, a pro-poor budget which will also strengthen the purchasing power of the middle class