budget

New Delhi: The protesting farmers have called for a countrywide ‘chakka jam’ (road blockade) on February 6. It’s not a daylong bandh, but a temporary road blockade. The blockade will take place in and around Delhi, mainly the National…

New Delhi: The Economic Survey, which was tabled by Finance Minister Nirmala Sitharaman in Parliament on Friday, has forecast a “V-shaped” recovery for the Indian economy and real GDP growth of 11 per cent in 2021-22, citing the mass…

New Delhi: The Union government may impose a new cess or surcharge to fund expenditure incurred due to the COVID-19 pandemic. Developing vaccines and the process of rolling it out in a country of 130 billion entails enormous amount of…

The benchmark equity Sensex slipped over 1000 points to settle below the 40,000 level after Finance Minister Nirmala Sitharaman presented the Union Budget for 2020-21. At 3.14 pm, Sensex read 39,709 points. Similarly, NSE Nifty plunged…

New Delhi: Finance Minister Nirmala Sitharaman unveiled the Union Budget 2020 on Saturday. Here is the list of things that have become cheaper and expensive: Costlier: Excise duty hike on cigarettes and tobacco products Customs duty…

New Delhi: Finance Minister Nirmala Sitharaman on Saturday announced reduction in personal income tax slabs. The new rates are as follows: Income            Tax Up to 5 lakh - no tax 5-7.5 lakh      - 10 per cent 7.5-10 lakh    - 15 per…

The annual financial statement, popularity known as Budget for the year 2019-20 seems to have lost its constitutional authority and financial sanctity with historical interventions and frequent changes in the post- budget months. The Budget…

Finance Minister Nirmala Sitharaman on Friday recommended reduction in GST rate on electric vehicles (EV) from the current 12 per cent to 5 per cent, in a bid to reduce pollution and dependence on foreign oil. EV buyers will be eligible…

Bhubaneswar: The Union Budget presented on Friday seem to have little to offer to Odisha despite heightened expectations from the people. The growing proximity between the BJD and the BJP post-election notwithstanding, the budget has…

New Delhi: Union Finance Minister Nirmala Sitharaman may not have given any relief to middle-income tax payers in her budget proposals, but one can still benefit from other tax incentives. Here's how... Affordable housing: As per the…