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Union Budget 2019

Govt should hike public sector spending; incentivise private cos for new projs: Icra

In addition, higher budgetary allocation for key implementing agencies like National Highways Authority of India (NHAI) is a necessity, it added.

Jun 25, 2019, 10:13 AM IST

Union Budget 2019: Gem and jewellery industry seeks lower customs duty on gold

The council has also urged the government to allow EMI purchases of jewellery, which the RBI currently does not allow, as gold is declared an asset class.

Jun 24, 2019, 18:12 PM IST

PM Modi meets top economists at NITI Aayog ahead of Union Budget

The meeting comes ahead of Finance Minister Nirmala Sitharaman full Union Budget for 2019-20 on July 5 in the Lok Sabha.

Jun 22, 2019, 19:36 PM IST

PM Narendra Modi to meet top economists at NITI Aayog today, review economic growth

Prime Minister Modi will also hold discussions on the Union Budget and the proposals made for taxpayers.

Jun 22, 2019, 13:05 PM IST

Goa CM seeks central package for crisis-hit mining industry

He made the demand during the pre-budget consultation meeting held in New Delhi. Sawant, who also the Finance portfolio, represented the state during the meeting hosted by Union Finance Minister Nirmala Sitharaman.

Jun 21, 2019, 15:42 PM IST

Finance Minister Nirmala Sitharaman to hold pre-budget meeting with finance ministers of states on Friday

It is learnt that states which are battling drought-like condition can seek extra budget from Sitharaman during the pre-budget meeting.

Jun 20, 2019, 21:10 PM IST

Govt invites ideas, suggestions on Union Budget; last day to submit your idea today

You can be a part of this democratic exercise by submitting your suggestions either directly in the comments box or attach a PDF document on mygov.in website.

Jun 20, 2019, 18:04 PM IST

Budget 2019: Govt should cut income tax for individuals, corporates, focus on boosting growth

Experts also hope the budget introduces friendly policies for sectors like IT, Tourism and Manufacturing.

Jun 20, 2019, 17:37 PM IST

First GST council meet under Modi 2.0 on Friday: Auto, Cement sector expect reduction in tax slab

This will be the first GST Council meeting after Modi 2.0 took charge last month and will be held just two weeks before the presentation of Union Budget 2019.

Jun 20, 2019, 16:27 PM IST

FM Sitharaman reviews issues concerning Banking, NBFCs during 20th meeting of FSDC

The Council held consultations to obtain inputs, suggestions of the financial sector regulators for the Budget.d

Jun 20, 2019, 11:10 AM IST

Union Budget 2019: Finance Ministry starts Twitter quiz on Budget

Nirmala Sitharaman, who is the first full-time woman finance minister, will be presenting the budget for 2019-20 on July 5.

Jun 19, 2019, 10:28 AM IST

First GST council meet on June 21 after Modi 2.0 takes charge, to decide on crucial matters of taxation

Among several discussions that is going to be on the GST Council agenda, discussion on proposal to levy 18 percent GST on extra-neutral alcohol (ENA), used for manufacturing alcoholic liquor for human consumption, will be an important one.

Jun 18, 2019, 12:39 PM IST

Parliament convenes for the first time after Lok Sabha election, Budget to be tabled on July 5

Ahead of the Budget session, BJP MP Virendra Kumar on Monday oath as the Protem Speaker of the 17th Lok Sabha at Rashtrapati Bhawan.

Jun 17, 2019, 10:37 AM IST

Budget 2019: Spend more on education, hygiene, woman safety, say social sector experts

Sitharaman, in her opening remarks, said that the present government is committed to improve the educational standards, skilling the youth, enhancing job opportunities, reducing disease burden, empowering women and improving human development in order to have an inclusive development.

Jun 14, 2019, 16:49 PM IST

Budget 2019: Realty sector wants industry status, more bank funds, ITC benefit in GST

From April this year, the government has withdrawn the ITC benefits, but reduced GST rate to 1 per cent from 8 per cent for affordable housing.

Jun 14, 2019, 11:49 AM IST

FM holds pre- Budget consultation representatives of Infra sector

The main areas of discussion during the meeting included issues relating to bringing in more capital to the infrastructure sector such as highways, railways, telecom and automobiles, including incentives for electric vehicles as well as for the renewable energy sector, a finance ministry statement said.

Jun 14, 2019, 10:10 AM IST

Ficci for increasing FDI cap in insurance to 74%

The body also said that there is a need to improve investor confidence about the surrounding ecosystem in the country to attract more FDI inflows.

Jun 13, 2019, 17:29 PM IST

CAIT for lowering GST rates on auto parts, aluminium utensils

Confederation of All India Traders (CAIT) also suggested reviewing items placed under different tax slabs under GST as many of the products are overlapping.

Jun 13, 2019, 17:23 PM IST

Union Budget 2019: FM may announce big tax relief on home insurance

Sources further said that relief may be given in income tax to home buyers who take housing insurance. Such rebate or concession may be given to those in the affordable housing sector.

Jun 13, 2019, 16:29 PM IST

FM Sitharaman holds pre-Budget consultations with financial, capital market sector

Nirmala Sitharaman will present the first Budget of the Modi 2.0 government on July 5.

Jun 13, 2019, 13:32 PM IST