Presenting her maiden budget in the Lok Sabha, Finance Minister Nirmala Sitharaman on Friday said a new television channel will be set up which will enable discussions of issues that are affecting the growth of startups in the country. In June 2016, the Union Cabinet had approved the setting up of the fund, which is managed by Small Industries Bank of India (SIDBI).

Presenting the first Budget of the Modi government in its second term, Sitharaman proposed to expand self help groups (SHG) to all districts and said one woman in every SHG will get loan of up to Rs 1 lakh under Mudra Yojana.

Finance Minister Nirmala Sitharaman on Friday presented her maiden budget in the Lok Sabha. On home loans, Sitharaman said the income tax exemption limit has been raised by Rs 1.5 lakh. This is applicable for loans upto Rs 45 lakhs.

To discourage the practice of making business payments in cash the government proposes to levy TDS of 2% on cash withdrawal exceeding Rs 1 crore in a year from a bank account.

Prime Minister Narendra Modi on March 7 had unveiled new series of coins of one rupee, two rupees, five rupees, ten rupees and twenty rupees, easily identifiable to the visually impaired.

The scheme was launched in 2015 and has faced criticism from several counters over rising debt and overdues of power discoms.

Budget 2019-20: Finance Minister Nirmala Sitharaman presented her first Union Budget in the Parliament on Friday (July 5). She is the first full time woman finance minister of India.

The key Indian equity indices opened on a positive note before the presentation of the Union Budget by Finance Minister Nirmala Sitharaman with the Sensex trading over 100 points higher.

The government was expected to bring in some changes to promote its policy of digital India wherein, they might put some levy on cash withdrawals so that people rely more on digital transactions.

Presenting her maiden budget in the Lok Sabha, Finance Minister Nirmala Sitharaman on Friday said the government will invite suggestions for the further opening up of foreign direct investment in the aviation sector, media, animation AVGC and insurance sectors in consultation with all stakeholders.

Presenting her maiden Union Budget, the Minister said that the exchange would help social and voluntary organisations which work for social causes to raise capital as equity, debt or a unit of mutual fund.

Making significant announcements on Indian Railways, Finance Minister Nirmala Sitharaman while presenting the Budget 2019-20 said the railway infrastructure will need Rs 50 lakh crore till 2030. Of late, the Railway Ministry has tried to supplement its revenues by the way of asset monetisation.

Former Prime Minister Indira Gandhi was the first and only women till now to have presented the Union Budget. In 1970, she presented the Union Budget of India for 1970-71, after she took over the finance portfolio following the resignation of Morarji Desai as finance minister.

A 'bahi khaata' dates back to the pre-Independence era when the transaction detail of a company or a business firm were maintained on a bundle of papers, stitched to form a ledger and bound by a red canvas fabric.

Piyush Goyal, who presented the interim Budget on February 1, 2019, carried a 'red briefcase'.

Budget 2019-20: India's defence forces are in dire need of modernisation. Indian Army needs new assault rifles, bulletproof jackets. Indian Navy needs modern submarines and helicopters. Indian Air Force needs new fighter jets. Read on to what is expected from Finance Minister Nirmala Sitharaman as she presents her first Union Budget as India's first full-time woman finance minister.

Earlier in 2016, the Union Cabinet had approved the setting up of the fund, which is managed by Small Industries Bank of India (SIDBI). A Startup India status report for 2018 says the Startup India hub, set up to “resolve queries and provide handholding support” to startups, claims to have handled about 1.14 lakh queries. Nearly 2.3 lakh applications were received for an interactive online learning and development module. 

Finance Minister Nirmala Sitharaman literally did a tightrope walk balancing the needs of the economy and fiscal constraints in her maiden Budget. Read through the blog to know how Nirmala Sitharaman's maiden Budget speech flowed out.

Budget 2019-20 will be the first budget of Modi 2.0 government but is the only second budget in 5 months. It will, however, be interesting to see how Sitharaman brings her touch to the economic policies of the nation. Read on to know what all is expected in today's budget.

Finance Minister Niramala Sitharaman presented her first Union Budget of Modi Sarkar 2.0 in the Parliament on Friday. In a major development, Paramilitary Force officials will get great relief from the Central government, as their salaries are likely to get hike without promotion, according to reports.