Lok Sabha passes Finance Bill, Nirmala Sitharaman says tax proposals will improve ease of living

The minister said foreign portfolio investors could register as companies to avoid a new tax surcharge.

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· Jul 18, 2019 · 08:03 pm

Nirmala Sitharaman says Union Budget will boost investment without compromising fiscal consolidation

She said that the Budget has set a medium-term target of making India a $5 trillion economy, and this is ‘not without a plan’.

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· Jul 12, 2019 · 02:47 pm

‘Every number quoted in Budget is authentic,’ says Nirmala Sitharaman in Lok Sabha

The finance minister said the difference in the growth rate was because a lower GDP base was taken for calculation in the Interim Budget presented in February.

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· Jul 10, 2019 · 06:57 pm

Centre’s decision to increase fuel prices will not be reflected in inflation soon, says RBI

Shaktikanta Das said the central bank’s internal team will assess the decision during a meeting in first week of August.

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· Jul 08, 2019 · 06:09 pm

Budget gives political direction for ‘aspirational India’, says Arun Jaitley

The Budget expands the roadmap on which the government ‘built up India’s growth story’ from 2014 to 2019, the former finance minister said.

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· Jul 06, 2019 · 05:26 pm

Budget 2019 set to launch National Sports Education Board under Khelo India program

The Sports and Youth Affairs Ministry had got a substantial raise of Rs 214.2 crore from the interim budget presented in February.

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· Jul 06, 2019 · 01:06 pm

Union Budget: Fiscal deficit target of 3.3% is realistic, says Centre

The finance ministry said it expects net additional revenue of Rs 6,000 crore over the estimates made in the interim Budget in February.

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· Jul 05, 2019 · 07:43 pm

Union Budget: All rural households will get piped water supply by 2024, says finance minister

Nirmala Sitharaman said every rural family in the country would have an electricity connection and a clean cooking facility by 2022.

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· Jul 05, 2019 · 06:49 pm

Never mind $5 trillion by 2024 – does the Budget do enough to halt India’s economic slowdown now?

Maybe because it is this year’s second budget, there was nothing memorable in it.

Rohan Venkataramakrishnan

· Jul 05, 2019 · 06:45 pm

‘Budget was utterly lacklustre and rubbed salt on wounds by increasing fuel prices,’ says Congress

Communist Party of India (Marxist) General Secretary Sitaram Yechury called the Budget fraudulent.

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· Jul 05, 2019 · 04:51 pm

Budget 2019: Government allocates Rs 70,000 crore for PSU bank recapitalisation

Nirmala Sitharaman said reforms will be undertaken to strengthen governance in public sector banks, but did not specify any measure.

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· Jul 05, 2019 · 04:25 pm

Union Budget: Centre extends tax rate of 25% to firms with turnover of up to Rs 400 crore

Finance Minister Nirmala Sitharaman said the Centre would tax cash withdrawals of more than Rs 1 crore from one bank account in a year at 2% TDS.

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· Jul 05, 2019 · 04:10 pm