Budget 2018: It isn't really a boring affair; 'halwa', locked-in officials are part of budget rituals
In the run-up to budget day, there are many tradition observed by finance ministers of India. The reasons behind many longstanding traditions are not-known though
In the Union Budget 2015-16, the SGB scheme was launched as an alternative to keeping physical gold.
The equalisation levy could end up making life more difficult for Indian companies, especially start ups by increasing compliance costs and throwing up new accounting hassles.
Meeting this target is critical for Arun Jaitley to adhere to the fiscal deficit roadmap (3.5 per cent in fiscal year 2017) and a repeat of the 2016 flop show could put the deficit management under pressure
With the Budget Session scheduled to take go on a break from Thursday, top BJP authority on Tuesday asked party MPs to publicise the "pro-poor" and "pro-farmer" aspects of the budget during the break with the top leaders asserting that it has created a "sense of victory" among the masses.
Arun Jaitley said, "I have no problem with this phrase.. But this phrase is politically incorrect. It shows a racist mindset that what is not fair is not lovely."
Education on a Budget: More than fund allocation, increased attention can energise the education sector
If the current budget and the indications are anything to go by, we have a good chance to aim for a turnaround in the education scenario in the country.
Opposition in Lok Sabha on Thursday accused the government of slashing expenditure on various social sector schemes, cutting food and fertiliser subsidies and burdening the common man through the latest budget by doing nothing to check rising prices.
Ahead of the Assembly elections in five states, the BJP has asked its MPs to play a proactive role in making people aware about the Union Budget presented in the current Parliament session.
The Narendra Modi government has bowed to public pressure and completely withdrawn its unpopular budget proposal to tax 60 percent of an individual's EPF corpus at the time of withdrawal.
There has been a "sizable" increase of 21 per cent in this year's budget allocation for the health sector, the government on Tuesday said.
Naidu on Monday confidently said that the Real Estate Bill will become a "reality" during the ongoing Budget session of Parliament.
The money you invest in EPF actually goes into government paper, where yields are typically lower than in fixed deposits. So, it is government that benefits by getting access to your EPF money.
Prices hiked by up to Rs 79,000
Auto makers Hyundai, Mahindra and Honda today announced price hikes of up to Rs 82,906 across their entire product range on account of new levies announced in the Union Budget.
The government will notify categories of employees who will be excluded from the controversial tax proposal on provident fund withdrawals, a Finance Ministry official said today.
Many of these schemes are to be financed as per the restructured formula of the Centrally Sponsored Schemes where the States would be contributing more towards implementation. Amidst the competing priorities of States, the sector may not receive adequate attention in their budgets.
Post the Union Budget 2016-17, more than a dozen companies, including Alkem Laboratories, Cadila Healthcare and Suven Life Sciences, have announced dividends and many more are likely to follow.