Union Budget 2019: Finance Minister should consider bringing down corporate tax rate for all companies, irrespective of turnover
In February 2019, the then Interim Finance Minister Piyush Goyal adopted a pragmatic approach by providing a pro-growth and fiscally prudent Budget
Union Budget 2019: Corporation tax is one of the biggest source of direct taxation for the central govt
Corporations with a net income of over Rs 10 crore need to pay a 12 percent surcharge.
The government in the upcoming budget should create a Rs 10,000-crore fund to complete stalled real estate projects across the country and provide relief to over five lakh people who have booked properties, according to home buyers' body FPCE
Inclusion of real estate sector in its entirety under GST would help deal with uncertainties caused by various rulings
GST should ultimately subsume stamp duty payable on land sale agreements; ideally, at least on an immediate basis the Budget should address the issue created by notification in January 2018
The traditional 'halwa ceremony' was held at the finance ministry in the North Block in New Delhi on Saturday.
Union Budget 2019: Steel ministry seeks higher import duties on finished products to deter Chinese imports
India’s steel ministry has sought an immediate increase in import duties on finished steel products to 15 percent from a range of 7.5 percent to 12.5 percent, citing a threat from Chinese imports and excess global capacity, an internal note reviewed by Reuters showed
Union Budget 2019: From 1973 ‘Black Budget’ to 1997 “Dream Budget’, a look back at key Budgets in last 7 decades
The Budget is remembered for the introduction of Wealth Tax, which remained in some form or the other for the next six decades.
Union Budget 2019: Nirmala Sitharaman exhorts states to work in cohesion with centre on economic goals
Finance Minister Nirmala Sitharaman on Friday exhorted states to work together with the centre, stating that while the centre sets the direction of economic growth, it is for the states to ensure effective implementation on the ground
India’s government is likely to overshoot the budget deficit target previously set for the current fiscal year, three officials have warned, as a slowing economy creates a big shortfall in tax collections and prompts new stimulus plans
Union Budget 2019: Realtors body NAREDCO calls for boost to rental housing through incentives like 10-year tax holiday
Realtors body NAREDCO has demanded a boost to rental housing in the upcoming budget from the government through incentives like 10-year tax holiday to real estate developers on the profit earned from the business
Ahead of the Budget, representatives of the tech sector and industry bodies like Nasscom, IAMAI and MAIT met Minister of State for Finance Anurag Thakur on Saturday to discuss various issues, including tax structure, and share their views on strengthening the digital economy
Ahead of the Budget, domestic iron and steel players have sought abolition of 2.5 percent basic customs duty on import of coking coal - a key raw material used in steelmaking
Union Budget 2019: CREDAI seeks bank funding for developers to buy land for affordable housing projects
Realtors apex body CREDAI in its budget wish list has demanded that banks should fund developers to buy land for development of affordable housing projects
Representatives of trade unions on Saturday pressed the government to raise the minimum wage to Rs 20,000, provide 200 days of assured work under the rural employment guarantee scheme and ensure minimum monthly pension of Rs 6,000
Union Budget 2019: Economists seek tax reforms, measures for jobs, investments in meeting with Nirmala Sitharaman
Further simplification of GST, implementation of the direct tax code, initiating job-oriented growth measures and maintaining fiscal prudence were some of the key suggestions made by economists for the ensuing Budget to Finance Minister Nirmala Sitharaman on Friday
IT body Nasscom has urged the government to continue the tax incentives to units in special economic zones beyond March 2020, saying that such a move will provide the industry with certainty and enable them to invest in a long-term strategy
As part of the ritual, halwa is prepared in large quantities and served to the officers and support staff involved.
Union Budget 2019: Social sector experts urge Nirmala Sitharaman to spend more on education, hygiene, woman safety
Finance Minister Nirmala Sitharaman should focus on education, hygiene, woman safety, nutrition of infants in the forthcoming budget, suggested social sector experts in their pre-budget meeting
Union Budget 2019: Property consultant Anarock demands industry status for real estate sector, more bank funds, ITC benefit in GST
Property consultant Anarock has demanded industry status for the real estate sector, single-window clearance for development and increase in bank funding to developers for completing projects in its wish list for the upcoming budget