The finance ministry on Friday sought ideas, suggestions and proposals for the annual budget of 2021-22. The Union Budget 2021, which will be the third budget of Modi's 2.0 government and Finance Minister Nirmala Sitharaman, is likely to be presented on February 1.
The Lok Sabha was on Tuesday adjourned till March 1, taking a break of 19 days during the Budget session 2020. It will meet on March 2 again for further business and will continue proceedings till April 3.
RBI pegged India's growth rate in the next financial year at 6% and 5% in the current fiscal and decided to maintain the status quo on the benchmark interest rate.
Members of All India Insurance Employees Association on Monday staged a massive demonstration in Chennai against government’s decision to sell the partial stake in the LIC through an initial public offer
Equity benchmark indices were in the green during early hours on Monday after they witnessed a sharp downswing on February 01, the day government tabled Union Budget 2020.
Given that a large proportion of those availing deductions will not move to the new IT regime, the announcement will at best be a mild positive for taxpayers
With an aim to simplify recruitment process in various examinations, the Finance Minister Nirmala Sitharaman on Saturday proposed to set up a National Recruitment Agency (NRA) that would conduct a common entrance test for all the non-gazetted government and Public Sector Banks posts that comes under category of Group B, Group C, and Group D government jobs.
The budget allocation for the Special Protection Group (SPG), incharge of Prime Minister’s security, has been increased from Rs 540 crore last year to Rs 600 crore this time around
Union Minister Mukhtar Abbas Naqvi slammed the opposition for criticising the union budget which was presented on February 01 by Finance Minister Nirmala Sitharaman.
Union Budget presented by Finance Minister was hailed as being pro-farmer. A survey carried out by IANS-CVoter post-budget poll, however, indicates that the budget has failed to capture the imagination of the middle class. The poll compiled people's responses to a series of questions aimed at measuring popular perception about the Union Budget in the context of issues such as the economy and employment.
Revenue Secretary Ajay Bhushan Pandey said tax collection structure has been simplified in Union Budget 2020-21.
The Union Budget proposals are 'totally disappointing' and the Centre has shown discrimination towards Telangana by imposing substantial cuts in funds to be released to the state, Chief Minister K Chandrasekhar Rao said here on Saturday.
The Budget 2020 allocated the Union Ministry of Home Affairs (MHA) Rs 1.67 lakh crore, an increase of Rs 48,225.05 crore from the previous allocation of Rs 1.19 lakh crore in 2019-20, with the bulk of the money going to police, paramilitary and infrastructure programmes.
In previous budget, the government had allocated Rs 293.42 crore and in the revised budget it was Rs 205.42 crore
Finance Minister Nirmala Sitharaman said on Saturday the government would reduce stake in the life insurer LIC through the initial public offering (IPO). "The government will list LIC on the stock exchanges," she said in her budget speech
Budget 2020: Tourism plays a vital role in boosting the economy of any country. For a surge in tourism, Finance Minister Nirmala Sitharaman on Saturday proposed to allocate ₹2,500 Crore to the sector in the financial year 2020-21.
Bihar Deputy Chief Minister Sushil Kumar Modi on Saturday said the Union Budget 2020-21 will not only help in generating employment opportunities and income but will also be able to tackle recession in a better way.
In major announcements of Union Budget for the financial year 2020-19, Nirmala Sitharaman allocated ₹70,000 crores to Indian Railways and an outlay for capital expenditure amounting to ₹1.61 trillion.
The Budget also proposed to reduce the period of stay in India to 120 days from 182 days earlier for persons of Indian origin (PIOs) to be categorised as NRIs
The Budget 2020 is a developmental growth-oriented Budget ensuring more than 6.5% GDP Growth with Fiscal Deficit of less than 3.5% in FY 2020-21 to pave way for 5 trillion dollar economy by 2024 says IIF Prof. Aman Agarwal.
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