Budget | The Asian Age

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Budget may hike I-T exemption threshold, levy 40 pc tax on income over Rs 10 cr: KPMG

The pre-Budget survey 2019-20 conducted by KPMG (India) included responses from 226 respondents spanning across industries.

30 Jun 2019 12:36 PM

Union finance minister Nirmala Sitharaman and MoS Anurag Thakur distribute halwa to officials during the “halwa ceremony” to mark the beginning of the printing of budgetary documents in New Delhi. (Photo: PTI)

Marching to a new drumbeat: What to expect from Budget

Budget FY2020 should break this dismal trend and increase capital expenditure to 2 per cent of projected GDP.

30 Jun 2019 7:02 AM

Union Finance Minister Nirmala Sitharaman on Thursday met former Prime Minister Manmohan Singh at his residence. (Photo: Twitter/ ANI)

For first time, FM Sitharaman meets Manmohan Singh at his residence in Delhi

As per sources, Sitharaman's visit was a courtesy call. This is her first meeting with Singh after taking charge of the ministry.

27 Jun 2019 2:07 PM

Remove clutter from your cashflow and devise a budget which you would regularly abide by.

5 rules to make you financially independent

Save before spending. The practice of saving adds to one’s psychological wellbeing.

25 Jun 2019 2:34 PM

Replying to queries during Question Hour, the minister said the government will not allow any compromise on the defence preparedness due to capital constraints. (Photo: File)

Funding won't come in way of defence preparedness: Rajnath Singh

Rajnath Singh said in absolute terms, the defence budget has increased in the last few years.

24 Jun 2019 9:10 PM

Sources said the meeting at the Prime Minister Narendra Modi's residence had in attendance all five secretaries in the finance ministry as well as Niti Aayog officials. (Photo: File)

PM Narendra Modi meets key secretaries in run up to Budget

PM Modi is likely to have discussed the reforms road map for every department.

18 Jun 2019 7:10 PM

The first budget of Modi 2.0 government is scheduled to be presented on July 5 by Finance Minister Nirmala Sitharaman on the backdrop of India's economy hitting 5-year low growth of 6.8 per cent in 2018-19. (Photo: File)

Govt likely to provide Rs 30,000 crore to PSU banks in Budget 2019

The public sector banks would also require capital for the credit growth, which has just started picking up.

16 Jun 2019 3:27 PM

Among those who arrived for the meeting were Defence Minister Rajnath Singh, SP leader Ram Gopal Yadav, Minister of Parliamentary Affairs Prahlad Joshi and leader of BJP in Rajya Sabha Thawar Chand Gehlot.

Ahead of Budget session, all-party meet begins

After the all-party meet, a meeting of NDA leaders will take place in the Parliament later in the evening.

16 Jun 2019 12:43 PM

SBI Chairman Rajnish Kumar said, "lot of suggestions have come regarding infrastructure financing, reviving the economy and what tax benefits can be given for encouraging investments in MSME, exports". (Representational Image)

Extend tax sops to retail investors in corporate bond: Market players to FM

In pre-budget meeting with finance minister, markets players made suggestions on infusion of capital in niche/regional banks.

13 Jun 2019 4:38 PM

Finance Minister prsided over numerous meetings ahead of budget session. (Photo: ANI)

Finance Minister engages with all stakeholders ahead of budget

Sitharaman focused on possible measures to boost the economic infrastructure of the rural sector and to eradicate poverty.

11 Jun 2019 6:05 PM

The finance ministry has indicated that it would be not be making major changes in the allocations earmarked for different ministries and departments in the interim Budget. (Representational Image)

Nirmala Sitharaman to meet industry bodies on June 11 for pre-Budget consultation

Representatives of industry bodies like CII, Ficci and Assocham, among others, are expected to attend the meeting.

07 Jun 2019 6:17 PM

With a government in place now, a full year budget will be presented by the new Finance Minister Nirmala Sitharaman, as the domestic economy suffered its worst slowdown in five years. (Photo: File)

Finance Ministry in 'Quarantine' from Monday as preparation for budget begins

The Ministry will be out of bounds for visitors and media as it gets down to prepare the Budget for 2019-20 fiscal year.

04 Jun 2019 6:55 PM

The Rajya Sabha has been convened to meet for the Budget Session from June 20, the day President Ram Nath Kovind will address the joint sitting of Parliament. (Photo: File)

Rajya Sabha to meet on June 20

The session will continue till July 26, Rajya Sabha Secretariat said on Monday. In all, there will be 27 sittings of the Rajya Sabha.

03 Jun 2019 9:04 PM

itel A46 runs Android Pie 9 OS and caters budget-friendly buyers

itel launches itel A46, a budget-friendly smartphone with latest Android

For the budget constrained semi urban and rural consumers; itel launches the A46 for Rs 4999.

16 May 2019 3:48 PM

Every tech enthusiast wants to get their hands on gaming laptops.

Top 5 budget gaming laptops which are ruling gaming industry in India

5 best budget gaming laptops which will give you lavish gaming experience without affecting much on your pockets.

09 May 2019 5:12 PM

The government borrows money from the market to meet its fiscal deficit, which is the difference between total expenditure and total receipts. (Representational image)

FinMin seeks EC nod for announcing govt's borrowing calendar for Apr-Sept FY'20

"We have sought Election Commission's approval and will announce the borrowing schedule after receiving its nod," an official said.

26 Mar 2019 6:52 PM

"On direct taxes, we are reasonably confident of (meeting the target). But on the indirect tax front, there may be some shortfall," Economic Affairs Secretary Subhash Chandra Garg said last week. (Photo: File)

Net direct tax collection crosses Rs 10 lakh crore mark

Tax collection during April-January of this fiscal stood at Rs 7.89 lakh crore as against Rs 12 lakh crore targeted for 2018-19.

19 Mar 2019 1:59 PM

The AAP government on Tuesday presented a Rs 60,000 crore budget for 2019-20 in the Assembly and said it is 'two times more' than the one presented in 2014-15. (Photo: File)

AAP govt presents Rs 60,000 cr budget in Assembly

Delhi govt allocates over Rs 15,000 crore to education, Rs 100 cr for providing MSP to farmers.

26 Feb 2019 1:08 PM

In the interim Budget 2019-20, the central government had announced the PM-KISAN scheme under which Rs 6,000 per year will be given in three instalments to 12 crore small and marginal farmers holding cultivable land up to two hectares. (Photo: ANI | Twitter)

PM-KISAN scheme to be rolled out Sunday; over 1 cr farmers to get Rs 2,000 each

The ministry in its statement did not mention the number of farmers who will get their first instalment of Rs 2,000 on Sunday.

23 Feb 2019 7:26 PM

The Lok Sabha passed the Bill to this effect on the last day of the budget session by a voice-vote, but the legislation could not get the approval of the Rajya Sabha. (Photo: AFP)

Prez promulgates Unregulated Deposit Scheme Ordinance

The Ordinance will help put a check on illicit deposit taking activities like Saradha scam and Rose Valley chit fund scam in the country.

22 Feb 2019 10:34 AM

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Dilip Cherian