New Delhi: Finance Minister Nirmala Sitharaman proposes to increase customs duty on gold, precious metals to 12.5%
Government to impose additional excise duty on petrol and diesel by rupees one per litre
New Delhi: People with annual income of Rs 5,00,000 and less will not have to pay income tax
TDS of two per cent on cash withdrawal of more than rupees one crore from a bank account
Surcharge on individuals having taxable income of Rs 2 crore to Rs 5 crore and Rs 5 crore and more raised
New Delhi: PAN and Aadhar cards now interchangeable, Sitharaman says in her budget speech. Those without Pan card can use the Aadhar card number for paying income tax.
New Delhi: A new series of coins of Rs 1, 2, 5, 10, 20 easily identifiable for the visually-challenged will be made available for public use shortly Finance Minister said while presenting Friday the Union Budget
She also proposed to allow an additional tax deduction of 1,50,000 rupees on interest paid on housing loans for self-occupied house owners
All companies with annual turnover of up to four billion rupees will have to pay a corporate tax of 25%
New Delhi: Finance Minister Nirmala Sitharaman said Friday that financial gains from cleaning of banking system is clearly visible with NPA reduced by over rupees one lakh crore in the last fiscal
She also said that RBI will get regulation authority of the housing finance sector
An expert committee to be set up to make recommendations on infrastructure finance
PSU banks to get Rs 70,000 crore capital to boost credit
New Delhi: Aadhaar cards to be issued to non-residents Indians with Indian passports after arrival in India without waiting for 180 days states Finance Minister
New Delhi: 35 crore LED bulbs distributed leading to cost saving of Rs 18,341 crore annually announced the FM.
Standup India scheme has delivered enormous benefits and hence the scheme has been extended till end of 15th Finance Commission. In two years, 300 entrepreneurs have emerged as result of Standup India scheme, informed Sitharaman
New Delhi: The government will streamline multiple labour laws into a set of four labour codes said the Finance Minister while presenting the Union Budget.
In the field of education the government will bring a new national educational policy
India has potential to become educational hub said the FM and proposed a ‘Study in India’ programme to attract foreign students. She also earmarked Rs 400 crore for world class institutions
New Delhi: Govt proposes to expand Swachch Bharat to include solid waste management in every village says the Finance Minister
To harness India’s space ability commercially, New Space India Limited (NSIL) has been incorporated to tap the benefits of ISRO
We will invest widely in agriculture infrastructure; support private entrepreneurship in value addition in agriculture says FM
New Delhi: Finance Minister Nirmala Sitharaman says 125,000 km of road to be upgraded over next 5 years at a cost of 802.5 billion rupees
Jal Shakti ministry will ensure water supply to all rural households by 2024 states FM
New Delhi: Every single rural family, except those unwilling to take connection, will have electricity and LPG connection by 2022 states Sitharaman
FPI investment limit increased from 24 per cent to sectoral FDI investment limits
NRI portfolio route to be merged with FPI for seamless investment in stock markets
The government also proposes rationalising and streamlining of KYC norms for Foreign Portfolio Investors to make it investor-friendly
New Delhi: The FM states that FDI norms will be eased for single-brand retail. She also stated that FDI in aviation, media and animation will be increased substantially
New Delhi: Cargo movement in Ganga will increase four times in four years states FM.
Schemes such as Bharat Mala, Sagarmala and UDAN are bridging rural urban divide and improving transport infrastructure
Public private parternship to be unleashed to develop rail infrastructure
New Delhi: Finance Minister Nirmala Sitharaman says pension programme for 30 million retail traders will be introduced.
Development of Railways infrastructure will need an investment of rupees 50 trillion between 2019 and 2030 informs FM
New Delhi: Amount spent on food security doubled during 2014-19 from previous five years says FM
New Delhi: We need to invest in infra, digital economy and jobs creation in small and medium enterprises states Sitharaman
New Delhi: India to enter into aircraft financing and leasing activities states Sitharaman while presenting the budget
New Delhi: Finance Minister Nirmala Sitharaman says while presenting the Union Budget that India can become a USD 3-trillion economy in current fiscal year
New Delhi: Union Cabinet headed by Prime Minister Narendra Modi approves budget for 2019-20.