Odisha gets highest ever allocation in railway sector
India | July 10, 2019 19:19 ISTOdisha has received its highest ever allocation of Rs 5,993 crore in the railway sector in the Union Budget for 2019-20, an official said on Wednesday.
Odisha has received its highest ever allocation of Rs 5,993 crore in the railway sector in the Union Budget for 2019-20, an official said on Wednesday.
If you MasterCard or Visa card users then your problems are going to increase in coming days. The government has exempted bank charges on E-payments for the business with an annual turnover of Rs 50 crore. Finance Minister Nirmala Sitharaman in her maiden Budget 2019 speech on July 5 made this announcement in Parliament.
The Union Budget 2019 was carried by the Finance Minister Nirmala Sitharaman enclosed in a 'bahi khata' which happens to be a red cloth folder that had the national emblem emblazoned on it in gold.
It took us over 55 years to reach $1 trillion dollar economy. But when the hearts are filled with hope, trust and aspiration, we in just 5 years, added $1 trillion, said Finance Minister Nirmala Sitharaman while presenting the Union Budget 2019 in the Parliament.
Budget 2019: When and where to watch Union Budget 2019 India: Finance Minister Nirmala Sitharaman will present her maiden Union Budget 2019 speech in the Parliament on Friday at around 11 am. Nirmala Sitharaman will be the first woman full-time Finance Minister to present Union Budget in the Parliament.
The Finance Ministry has made progress in the strategic sale of 28 state-owned companies, of which three have already been sold off in the previous fiscal. The Department of Investment and Public Asset Management (DIPAM) had raised about Rs 85,000 crore from CPSE disinvestment in 2018-19
The Gujarat government has increased Dearness Allowance (DA) by 3 per cent to 12 per cent from the existing nine per cent or over 9 lakh govt employees and pensioners under 7th Pay Commission recommendations.
Top 10 points about 7th pay commission: The Seventh Pay Commission is an administrative system that is set up by the Government of India to determine the salaries of government employees. Every Pay Commission does its research and then produces its recommendations to the Government of India on the same.
Despite the budget announcements, the individuals with annual income upto Rs 5 lakh will have to pay taxes as per old rates in the Financial Year 2019-20 as well, but they will be eligible for full refund.
Delhi Congress chief Sheila Dikshit slammed the Interim Budget presented on Friday as "high on rhetoric, low on content" and disappointing.
Finance Minister Piyush Goyal, in the Interim Budget on Friday, said farmers will be provided Rs 6,000 per year, which amounts to Rs 16.44 daily, in three installments under a central government scheme.
In an apparent reference to the raging controversy over jobs, Jaitley wondered how the Indian economy can grow at an average of 7.5 per cent in the last five years without any job creation.
Gandhi said there is soon going to be a "surgical strike" on the prime minister and his government on issues include that of the Rafale deal.
Terming the Union Budget the "final jumla" of the Narendra Modi government, AAP national convener and Delhi Chief Minister Arvind Kejriwal on Friday said it has disappointed the city.
The government will borrow Rs 4.48 lakh crore from the market in 2019-20, marginally higher than the Rs 4.47 lakh crore estimated for the current financial year ending March 2019.
For every rupee in the government coffer, 70 paise will come from direct and indirect taxes, while the government will spend 23 paise towards state's share of taxes and duties.
Consumer electronics and appliances industry players on Friday said demand for white goods is expected to increase following measure announced to help farmers and middle class in the Union Budget.
For police infrastructure, which comprises office and residential building projects, Rs 384.86 crore has been allocated, seeing a decline from last year's amount of Rs 460.95 crore.
For the first time, budgetary provisions for the Home Ministry has crossed the Rs 1-lakh crore mark and is pegged at over Rs 1,03,000 crore for the next fiscal, with special emphasis on improving border infrastructure of police forces.
The government on Friday increased the sports budget by Rs 214.20 crore for the financial year 2019-2020, including a hike in funds for the Sports Authority of India (SAI) and incentives for sportspersons.
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