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Several housing societies in Mumbai Metropolitan Region (MMR), Pune and other cities will benefit, said officials. (Representation image)

India

Budget 2019: Affordable housing gets shot in the arm, with major tax...

The minister also proposed providing capital gains exemption from profits earned by selling residential houses by...

6 July 2019 6:17 AM IST

The stance of countrys first family in not listening to SCs order on Rafale deal case petition can be termed as, with due respect, amazing audacity, Defence Minister Nirmala Sitharaman said. (Photo: ANI)

India

Budget 2019: Common man hit hard as many items of daily use to get...

Sitharaman said exemptions from customs duty on certain electronic items that are now being made in India are being...

6 July 2019 6:21 AM IST

Finance Minister Nirmala Sitharaman with her team before presenting the budget. (Photo: Twitter | ANI)

Opinion

Sitharaman hits all the buttons, sticks to basics

Despite a long speech there were no magic bullets presented to kickstart a virtuous cycle of investment, growth and...

6 July 2019 1:07 AM IST

Opinion

Nirmala's Budget fullof political flourishes

The Budget speech was a political declamation, but there were strong signs of the government's desperate bid to ...

6 July 2019 12:00 AM IST

India

Budget 2019: Not Big Bang, but comprehensive focus on corporates to...

Finance Minister Niramala Sitharaman's maiden budget received mixed response from critics and industry experts.

5 July 2019 8:46 PM IST

Additionally, the hasty implementation of GST has again hit the economy hard, resulting in a serious economic slowdown.

Business

Budget 2019: Little done to address economic slowdown, says FICCI...

FICCI felt there was little done to address the economic slowdown while health and education did not get the required...

5 July 2019 8:01 PM IST

West Bengal chief minister Mamata Banerjee

India

West Bengal CM Mamata Banerjee terms Union Budget as 'completely...

FM Sitharaman said an additional excise duty and road and infrastructure cess of one rupee will be imposed on petrol and...

5 July 2019 7:44 PM IST

$Foreign portfolio investors are also seeking clarity behind \indirect transfer\ rules that could increase tax liabilities for overseas funds. (Representational Image)$ Business

Budget 2019: KYC norms relaxation, other proposals for FPIs to boost...

Finance Minister Nirmala Sitharaman in the Budget for 2019-20 proposed easing KYC norms for foreign portfolio investors.

5 July 2019 7:32 PM IST

The upcoming elections, rising inflation and interest rates could further dampen the buying sentiment in the real estate, making the task of loan recovery difficult.

Business

Budget 2019: Tax deduction on home loan interest to boost housing...

Many, however, rued that real estate sector was not given 'industry' status and no stress fund got created for stalled...

5 July 2019 7:17 PM IST

There is a need to introduce bank reforms rather than pumping in more money in the banking sector. There was no need for high taxes on petrol and diesel. Therefore, there would be a hike in inflation as well, Badal said. (Photo: ANI)

India

Budget 2019 -- long on talk, short on delivery: Punjab Finance...

He said that Rs 1 lakh crore is to be invested in infrastructure sector, but there was no mention about any master plan...

5 July 2019 6:43 PM IST

The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.

Business

Budget 2019: Markets snap winning run as public float proposal spooks...

Sitharaman said it was the right time to consider increasing minimum public shareholding from 25 pc to 35 pc.

5 July 2019 6:16 PM IST

Out of the total allocation, Rs 1,08,248 crore has been set aside for capital outlay to purchase new weapons, platforms and military hardware. (Representational Image)

India

Budget 2019: Rs 3.18 lakh crore allocated to Defence budget

The outlay for defence sector almost remained unchanged compared to what was allocated in the interim budget on February...

5 July 2019 5:52 PM IST