The provisional actual numbers reveal revenue shortfall led to a wider fiscal deficit in 2019-20, but unlike the previous year, the gap was met largely through higher borrowing in a transparent manner
It is Mr Modi's govt that has added to the problem, and it can resolve it, only if it has the stomach to ignore the inevitable howls of protest from a very vocal middle class, writes T N Ninan
PM Modi kicked off the "new decade" theme on Friday morning in his customary statement before the beginning of the Budget session.
On January 6, he held a series of meetings with Indian Inc, economists and experts on the Union Budget for 2020.
In annual economic report, the government predicted that economic growth would pick up to 6.0% to 6.5% in the fiscal year beginning April 1
The Budget speech will begin at around 11 am today with Sitharaman beginning it with an address to the speaker of Lok Sabha
On the day of 2019 Union Budget presentation, Sitharaman broke away from long-standing traditions of colonial-era when she ditched the briefcase and opted for traditional bahi khata
The government has been receiving grievances from various quarters for grant of dual family pension including special or liberalised family pension for armed forces personnel on lines of government
From Nirmala Sitharaman addressing post-Budget RBI board meet to Delhi High Court plea hearing on Uniform Civil Code, here are top events of the day
These two amendments were long-pending demands of industry and insolvency professionals
Addressing industry representatives, Sitharaman said India's macro-economic indicators were on a solid footing
To boost rural income, the government could raise the total MGNREGA Budget for 2020-21 to Rs 70,000 crore. In 2019-20 (FY20), it was Rs 60,000 crore
FPIs have turned negative and the budgetary announcement on tax surcharge has been a factor that has restricted their activity
Nirmala Sitharaman had proposed increasing the effective tax rate on individuals with taxable annual income of above Rs 2,000 cr by about 3%, and for those earning above Rs 5,000 cr by 7%
Visa critical of India's move towards no-fee debit card transactions
Despite a cut in the income tax collection target in the full Budget compared to the interim Budget projections, the target is far from realistic
While fuel and gold are set to get more expensive, the Budget proposes tax sops on affordable housing and electric vehicle loans
The Modi regime wants a bigger role for the government but it does not have the comfort of having enough financial resources
Sitharaman had also highlighted that the current rental laws are archaic, as they do not address the relationship between the lessor and the lessee realistically and fairly
From trade trouble to future demographic shocks, here are the best of Business Standard Opinions for the day