Interim Budget 2019

Experts attribute the slow offtake under the scheme to high inflation and rise in cost of living

Commending Finance Minister Nirmala Sitharaman for her consistency and focus on growth in her interim Budget, a US-based India-centric business advocacy group has said that it represents a welcome statement of responsible fiscal management in an election year. The US-India Strategic and Partnership Forum (USISPF) also commend the government's continued focus on the trinity of infrastructure, inclusive growth, and fiscal prudence in line with growing US-India commercial ties. The interim Budget was presented on February 1 by Sitharaman. As an interim, pre-election budget with no major policy pronouncements, it represents a welcome statement of responsible fiscal management in an election year, the USISPF said in a statement. General elections are expected to be held in India between April and May. According to budget projections, the fiscal deficit for the upcoming financial year (2025) will narrow to 5.1 per cent and GDP growth will remain between 6-7 per cent GDP. On the expendi

The budget this week is an interim one until a new administration takes office, and the finance minister has already hinted there won't be any major announcements

The scheme aims to promote India's exports on a sustained basis

Country self-sufficient in face of global challenges like the Red Sea crisis, she says

Interim budget 2024: While interim budgets are said to have no major policy changes, let us take a look at some key announcements Piyush Goyal made in Interim Budget 2019

The largest players in the industry, including American Towers, Indus Towers, and Summit Digitel, are members of DIPA

Brent crude prices moved up on Thursday, ending at $78.9 per barrel

EY said that no major tax amendments or reforms are expected in the upcoming Budget as evidenced from the previous Interim Budgets of 2009, 2014 and 2019

The effective containment of the fiscal deficit in the first half of FY24 provides the government with leverage to announce pro-people schemes in the interim Budget

Former Lok Sabha Secretary-General PDT Achary says it is not appropriate for a government facing elections to announce programmes and policy changes for the next year

Year in Review: From job data to growth woes, India's 'shrinking' feeling

A list of events and policy decisions that made the biggest impact on Indian economy during the year 2019

PM Narendra Modi hailed Finance Minister Nirmala Sitharaman's maiden Budget as a 10-year vision. Here are the key takeaways of Budget 2019

With revenues expected to grow at a slower pace, states have curtailed their expenditures

The interim Budget will be presented on February 1. Finance Minister Arun Jaitley, who is in New York for a medical check-up, will be back by the end of January and is expected to present it

New Delhi, 13 MarchThe Lok Sabha couldn't take up Finance Bill 2018-19, Appropriation Bills and demands for grants with protests forcing a washout of the proceedings for the seventh consecutive day.The government had listed the Finance Bill, Appropriation Bills and a vote on all the outstanding demands for grants in respect of the Budget 2018-19, called 'Guillotining' in parliamentary parlance, in the revised list of business of the Lok Sabha for Tuesday.Cut motions on demands for grants of the ministries of railways, agriculture and farmers' welfare and social justice and empowerment were also listed in the business agenda of the Lok Sabha, which could not be taken up.Several of the Opposition parties, including the Congress, met Speaker Sumitra Mahajan to protest what they called the government's "arrogance" in listing these Bills. They said this was the government's "unilateral move to bulldoze all the financial business without discussing them on the floor of the House."In their ..

Finance Bill passed by Lok Sabha without debate; relief for start-ups, PPF holders

The Lok Sabha on Wednesday passed the Finance Bill 2018, allowing the benefit of inflation adjustments to stocks that were unlisted till January 31 while levying long-term capital gains (LTCG) tax.

Goyal also took a swipe at the Congress, saying unlike the previous UPA dispensation, the Modi government in its interim Budget did not reduce levies on SUVs, which are used by the rich

Rajya Sabha Chairman M Venkaiah Naidu put the bills to vote, which were approved by voice vote and returned to the Lok Sabha