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For FY 18, the fiscal deficit target was supposed to be 3 per cent but it may choose the upper band of 3.5 percent in the Union Budget.

Here's what to expect from 2019-2020 interim budget

The government is expected to project economic growth of around 7.5 per cent for the next financial year.

31 Jan 2019 2:16 PM IST

Union minister Piyush Goyal borrowed the phrase to hit back at the Congress chief for a tweet targeting him over corruption allegations. (Photo: File)

Goyal to present interim Budget 2019-20 on Feb 1

The last Budget of the present NDA government is likely to be presented by interim Finance Minister Piyush Goyal in the...

30 Jan 2019 5:35 PM IST

New Tamil Nadu Chief Minister O Panneerselvam. (Photo: File)

Delay in release of GST share impinging TN finances: O Panneerselvam

The fiscal deficit as per the budget estimates of 2019-20 was expected to be at Rs 44,176.36 crore.

8 Feb 2019 2:33 PM IST

Any taxpayer who is in receipt of pension from his former employer shall be entitled to claim a deduction of Rs 40,000.

No new taxes in Tamil Nadu budget for 2019-20

The government proposed a revenue deficit estimated at around Rs 14,300 crore.

8 Feb 2019 2:16 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI to change stance to neutral but may hold rates

Higher budgeted market borrowings and increased inflationary concerns are likely to keep the bond yields elevated.

6 Feb 2019 3:12 AM IST

The ministry of home affairs (MHA) recently made changes in the circular by including CEOs of PSBs in the list of officials who can make request for issuance of LOCs to the ministry.

Piyush Goyal: No tax on notional rent

The move is expected to increase the demand for housing in the country.

2 Feb 2019 1:44 AM IST

The Income-Tax department, in coordination with their foreign counterparts, is investigating offshore bank deposits and purchase of assets by thousands of Indians .

Budget 2019: Tax scrutiny to go faceless soon

Experts believe that the lack of interface between the tax officer and the taxpayer would considerable reduce the...

2 Feb 2019 1:43 AM IST

Labour minister Santosh Gangwar.

Over 30 lakh enrolments under PM-SYM scheme so far: Gangwar

The scheme provides assured monthly pension of Rs 3,000, with contribution of Rs 100 per month.

24 Jun 2019 7:05 PM IST

Reacting on Gandhis reply in Supreme Court, Defence Minister Nirmala Sitharaman said, His credibility has taken a beating. (Photo: Twitter/ ANI)

Sitharaman's pre-budget meeting underway with Social Sector Groups...

Union Budget will be presented on July 5 followed by presenting the Economy Survey on July 4.

14 Jun 2019 2:32 PM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Finance Ministry may retain allocations made in interim budget

In run-up Lok Sabha polls, Finance Ministry came up with an interim budget in February, authorising govt expenditure for...

5 Jun 2019 10:26 AM IST

A professional tax is proposed to be levied on individuals, who have an annual income of Rs 5 lakh. This would generate Rs 5 crore, the budget document read.

Govt to present Budget 2019-20 on July 5

This will be first full Budget of Modi 2.0 government.

1 Jun 2019 11:17 AM IST

Congress leader P. Chidambaram addresses the media as party spokesperson Randeep Singh Surjewala looks on in New Delhi on Friday. (Photo: PTI)

Congress blasts opaque' Budget

Finance minister gave no meaningful relief to any section of society, says Chidambaram.

6 July 2019 2:31 AM IST