Budget 2019

Showing of 21 - 40 from 479 results
Budget 2019 - Total results - 479
Aadhaar-PAN linking deadline remains 30 September 2019; here's how to link your biometric card with PAN
Business

Aadhaar-PAN linking deadline remains 30 September 2019; here's how to link your biometric card with PAN

The interchangeability of Aadhaar and PAN as mentioned by the finance minister does not mean there is a relaxation of rules with regard to either

TMC terms govt's aim to make India $5 trillion economy 'misleading', slams Budget for not mentioning rise in unemployment
India

TMC terms govt's aim to make India $5 trillion economy 'misleading', slams Budget for not mentioning rise in unemployment

Trinamool Congress on Tuesday hit out at the Central government over its aim of making India a five trillion dollar economy and accused it of shifting of goal posts like a "totalitarian" government.

India faces continued fiscal challenges, despite lower deficit target: Moody's
Business

India faces continued fiscal challenges, despite lower deficit target: Moody's

Weak growth prospects for India will complicate the government's fiscal consolidation efforts, weighing on the sovereign's credit quality, Moody's Investors Service said on Tuesday

Budget 2019 has delivered quick fixes; govt seems to have made attempt to address several policy gaps
Business

Budget 2019 has delivered quick fixes; govt seems to have made attempt to address several policy gaps

The maiden Budget speech of Finance Minister Nirmala Sitharaman, perhaps the longest in recent years, witnessed a flurry of policy announcements, both for rural and urban India.

Payments Council says abolishing MDR charges to dry up investment capital; will kill revenue source for industry
Business

Payments Council says abolishing MDR charges to dry up investment capital; will kill revenue source for industry

Abolishing merchant discount rate (MDR) to facilitate digital transaction in the country will dry up foreign capital investment besides leaving the sector without sources of revenue generation, the Payments Council of India (PCI) said on Tuesday

Govt working on administrative mechanism to resolve startups' legacy tax issues: CBDT chief PC Mody
Business

Govt working on administrative mechanism to resolve startups' legacy tax issues: CBDT chief PC Mody

Startups should not have any concern related to taxation and the government is putting in place an administrative mechanism to resolve the legacy issues, CBDT chief PC Mody said on Tuesday

Budget 2019 offers no big tax relief to middle-class taxpayer though Narendra Modi sets $5-tn economy vision
Business

Budget 2019 offers no big tax relief to middle-class taxpayer though Narendra Modi sets $5-tn economy vision

As far as the employment generation initiatives are concerned, tax concessions to businesses surrounding, setting up of more workplaces and factories have always been a favoured option to create employment opportunities.

Market reverses losses: Sensex down 60 points, Nifty dips 29 points in mid-session trade; Titan, DHFL among top losers
Business

Market reverses losses: Sensex down 60 points, Nifty dips 29 points in mid-session trade; Titan, DHFL among top losers

TCS was among the top losers in the Sensex pack, falling up to 1.79 percent, ahead of its quarterly results, scheduled to be announced later in the day.

Budget 2019 'status-quoist', does not seek radical reforms for faster growth: P Chidambaram
Business

Budget 2019 'status-quoist', does not seek radical reforms for faster growth: P Chidambaram

Chidambaram said, if there are no structural reforms, it appears that the government wants to carry on with existing policies and reforms

RBI governor Shaktikanta Das says central bank to discuss issuance of sovereign bonds with govt
Business

RBI governor Shaktikanta Das says central bank to discuss issuance of sovereign bonds with govt

Shaktikanta Das said the Budget provision of Rs 70,000 crore towards bank capitalisation is a very positive development

Govt aims to reduce stake in state-run firms to minimum in FY20 to meet disinvestment target figure of Rs 1.05 lakh cr
Business

Govt aims to reduce stake in state-run firms to minimum in FY20 to meet disinvestment target figure of Rs 1.05 lakh cr

The government will initiate privatisation of CPSEs as it sets a record high disinvestment target of Rs 1.05 lakh crore that will see the government lowering its stake in some CPSEs to below 51%.

Super-rich tax lacks teeth: Special treatment for dividend, capital gains take away its sting
Business

Super-rich tax lacks teeth: Special treatment for dividend, capital gains take away its sting

Finance Minister Nirmala Sitharaman has steeply hiked the wealthy with a super-rich tax in Union Budget 2019

Additional tax burden on super-rich is flawed; goes against Narendra Modi's claim of kamdars over naamdars
Business

Additional tax burden on super-rich is flawed; goes against Narendra Modi's claim of kamdars over naamdars

Sitharaman's Budget can potentially disincentivise those who invest in high-value skills such as a surgeon or an architect, for instance

Markets to see Budget 2019 overhang this week; IIP, inflation data eyed, say analysts
Business

Markets to see Budget 2019 overhang this week; IIP, inflation data eyed, say analysts

Analysts said that now that the much-awaited Budget is over, the focus will shift to first-quarter earnings starting mid-July

Nirmala Sitharaman to address RBI board’s post-budget meeting today focus on fiscal consolidation roadmap
Business

Nirmala Sitharaman to address RBI board’s post-budget meeting today focus on fiscal consolidation roadmap

Finance Minister Nirmala Sitharaman is scheduled to address the post-budget meeting of the RBI's central board on Monday and highlight the key points of the Budget, including the fiscal consolidation roadmap

Govt duty-bound to achieve fiscal deficit of 3% as per law, says Finance Minister Nirmala Sitharaman
Business

Govt duty-bound to achieve fiscal deficit of 3% as per law, says Finance Minister Nirmala Sitharaman

In the Budget presented on Friday, the government lowered the fiscal deficit target to 3.3% of the GDP for 2019-20

Firstpost Editor's Picks: Modi's economic vision, Karnataka political crisis, ICC Cricket World Cup; today's must-read stories
India

Firstpost Editor's Picks: Modi's economic vision, Karnataka political crisis, ICC Cricket World Cup; today's must-read stories

Modi is intent on unleashing India’s economic potential to create opportunities rather than following the beaten path of pandering to the poor

Firstpost Editor's Picks: Amit Shah's vision, Nirmala Sitharaman's promise, Coco Gauff's comeback; today's must-read stories
India

Firstpost Editor's Picks: Amit Shah's vision, Nirmala Sitharaman's promise, Coco Gauff's comeback; today's must-read stories

The Kashmir Assembly elections will be held at some time down the road. It is then that Amit Shah’s political coming of age at the national level will be judged

Budget 2019: Ahead of his 150th birth anniversary, Mahatma Gandhi top of Centre's agenda in an otherwise mixed-bag Budget
Politics

Budget 2019: Ahead of his 150th birth anniversary, Mahatma Gandhi top of Centre's agenda in an otherwise mixed-bag Budget

A deeper look at the Budget document and the government's policies in the past, shows that the Modi government walks the talk in assimilating Gandhi's views and principles in governance