When is Union Budget 2019

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

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

Addressing industry representatives, Sitharaman said India's macro-economic indicators were on a solid footing

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%

FPIs have turned negative and the budgetary announcement on tax surcharge has been a factor that has restricted their activity

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

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

Instead, the report argued that increasing the ceiling on foreign portfolio investors in govt securities is a better option considering the huge risks in raising debt in a foreign currency

Globally, index funds and ETFs are popular because of the low management fees

He sought to corner the finance minister, saying she did not present macro economic data, including receipts from revenue, in her Budget Speech in Lok Sabha on July 5

The realisation that the new tax rate applies not just to the super rich but also to trusts - a structure of choice for a large number of foreign funds that invest in the nation