Friday, Mar 29, 2024 | Last Update : 12:05 AM IST

budget 2019

USD 42 billion erased off Indian share markets as misgivings on tax linger

Global and non-resident investors make investments in India via so-called association of persons (AOP) and non-corporate trusts.

12 Jul 2019 3:40 PM

FPIs can opt for corporate route to avail lower tax surcharge: CBDT chief

FPIs get covered by higher tax rate as they have been investing as a non-corporate entity such as trust or association of persons.

10 Jul 2019 6:10 PM

5 key changes in annual income tax assessment in Budget 2019

Additional income tax deduction of Rs 1.5 lakh on home loans for houses under Rs 45 lakh announced in Budget 2019.

08 Jul 2019 8:32 PM

Budget revealed govt's intention to 'aggressively' push privatisation: Railway union

Railways will need Rs 50 lakh crore between 2018 to 2030 to complete the sanctioned projects, Sitharaman said.

07 Jul 2019 6:08 PM

Govt duty bound to achieve fiscal deficit of 3 pc as per law: FM

In Budget presented on Friday, government lowered the fiscal deficit target to 3.3 pc of the GDP for 2019-20.

07 Jul 2019 6:00 PM

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Budget's infra push to boost demand for steel: Industry

Announcement of streamlining multiple labour laws into 'four labour codes' is a progressive step, said TV Narendran.

07 Jul 2019 4:51 PM

Highest personal I-T rate in India still lower than in China, US, South Africa

Following increase in surcharge, effective income tax rate for individuals with income of Rs 2-5 crore will go up to 39 pc.

07 Jul 2019 4:00 PM

Markets to see Budget overhang this week; IIP, inflation data eyed: Analysts

Analysts said that now that the much-awaited Budget is over, focus will shift to first quarter earnings starting mid-July.

07 Jul 2019 3:05 PM

Government will relax FDI rules to spur economic growth: Finance Secretary

Government will tap additional sources of revenue like opening up sectors for private and foreign investments

06 Jul 2019 8:17 PM

Budget clean break from past, sets out agenda for Modi 2.0 govt: Rajiv Kumar

Narendra Modi government had exempted people with earnings of up to Rs 5 lakh from payment of income tax.

06 Jul 2019 4:30 PM

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Budget lays down roadmap for India to get back on high growth track: Jaitley

India's economic growth slowed to a five-year low of 5.8 per cent in the January-March quarter.

06 Jul 2019 12:29 PM

Budget 2019 puts onus on RBI to spur growth

In the fourth quarter of the fiscal year to last March 31, economic growth slumped to 5.8 per cent, the slowest pace in 20 quarters.

06 Jul 2019 12:24 PM

Owning an electric vehicle to give tax benefits in India

India wants electric vehicles to account for 30 per cent of all passenger vehicle sales in India by 2030.

06 Jul 2019 10:31 AM

Budget 2019: Not Big Bang, but comprehensive focus on corporates to rural India

Finance Minister Niramala Sitharaman's maiden budget received mixed response from critics and industry experts.

05 Jul 2019 8:46 PM

Budget 2019: Little done to address economic slowdown, says FICCI Karnataka

FICCI felt there was little done to address the economic slowdown while health and education did not get the required filip.

05 Jul 2019 8:01 PM

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West Bengal CM Mamata Banerjee terms Union Budget as 'completely visionless'

FM Sitharaman said an additional excise duty and road and infrastructure cess of one rupee will be imposed on petrol and diesel.

05 Jul 2019 7:44 PM

Budget 2019: KYC norms relaxation, other proposals for FPIs to boost economy: Experts

Finance Minister Nirmala Sitharaman in the Budget for 2019-20 proposed easing KYC norms for foreign portfolio investors.

05 Jul 2019 7:32 PM

Budget 2019: Tax deduction on home loan interest to boost housing demand: realtors

Many, however, rued that real estate sector was not given 'industry' status and no stress fund got created for stalled projects.

05 Jul 2019 7:17 PM

Budget 2019 -- long on talk, short on delivery: Punjab Finance Minister Badal

He said that Rs 1 lakh crore is to be invested in infrastructure sector, but there was no mention about any master plan to be implemented.

05 Jul 2019 6:43 PM

Budget 2019: Markets snap winning run as public float proposal spooks investors

Sitharaman said it was the right time to consider increasing minimum public shareholding from 25 pc to 35 pc.

05 Jul 2019 6:16 PM

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