Finance Minister Niramala Sitharaman's maiden budget received mixed response from critics and industry experts.
05 Jul 2019 8:46 PM
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
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
The outlay for defence sector almost remained unchanged compared to what was allocated in the interim budget on February 1.
05 Jul 2019 5:52 PM
Banking high on infrastructure, the government aimed to collect more revenue to increase growth.
05 Jul 2019 5:29 PM
A litre of petrol costs Rs 70.51 in Delhi and Rs 76.15 in Mumbai.
05 Jul 2019 5:08 PM
To boost jobs, the government announced 10 million youth to take skill training under the Kaushal Vikas Yojana.
05 Jul 2019 5:00 PM
The proposal to separate the two job roles was under consideration for last few years.
05 Jul 2019 4:49 PM
She further said that India is going to be free of incandescent bulbs and govt will promote use of solar stoves and battery chargers.
05 Jul 2019 4:33 PM
The Budget proposes to move to electronic invoice system wherein invoice details will be captured in central system at the time of issuance.
05 Jul 2019 4:20 PM
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman made her maiden Budget Speech and presented it in Lok Sabha.
05 Jul 2019 3:43 PM
Receipts from the telecom sector mainly relate to the licence fees from operators and spectrum usage charges.
05 Jul 2019 3:43 PM
A large number of imported items like books, plastic items and imported auto parts are set to be costlier.
05 Jul 2019 3:25 PM
The NBFC sector is currently undergoing a liquidity hurdle with a spate of defaults of companies.
05 Jul 2019 3:06 PM
Budget 2019 proposes to make return filing compulsory for persons, who have deposited more than Rs 1 cr in a current account in a year.
05 Jul 2019 2:57 PM
FM said said the Centre would take substantial steps to promote rental housing for which government would make amendments in rental laws.
05 Jul 2019 2:48 PM
Finance minister also announced TDS of 2 per cent on cash withdrawal of more than Rs 1 crore from a bank account.
05 Jul 2019 2:26 PM
The fiscal deficit this year is 3.3 per cent brought down from 3.4 per cent.
05 Jul 2019 2:12 PM
On Thursday, the Lok Sabha passed by voice vote the Aadhaar and Other Laws (Amendment) Bill, 2019.
05 Jul 2019 2:02 PM
Aadhaar card for NRIs with Indian passports will be issued after their arrival in India, without waiting for the mandatory 180 days.
05 Jul 2019 1:59 PM