New Delhi, June 24 (IANS) India’s steel industry has sought an increase in basic customs duty for certain steel materials from the government in the upcoming full-budget 2019-20. According to Indian Steel Association’s budget recommendations…
New Delhi, June 24 (IANS) The Forum for People’s Collective Efforts (FPCE) has asked Finance Minister Nirmala Sitharaman to create a stress fund of at least Rs 10,000 crore to complete stalled real estate projects…
By Anjana Das New Delhi, June 24 (IANS) The current basic income tax exemption limit of Rs 2.5 lakh is unlikely to be raised in the forthcoming full Budget 2019-20, according to informed sources, as…
New Delhi, June 23 (IANS) Industry body FICCI has recommended an increase in fund allocation in several aspects of education in the upcoming Union Budget, including creation of a Rs 1,000 crore “State Policy Reform…
By Rinku Behera New Delhi, June 23 (IANS) The defence forces have high hopes from Finance Minister Nirmala Sitharaman that she will loosen the purse strings to meet the challenging requirements of modernising the armed…
New Delhi, June 23 (IANS) Fiscal deficit for the month of April was at Rs 1,57,048 crore which is 22 per cent of the budgeted estimate for the year 2019-20, slightly lower than what it…
By Anjana Das New Delhi, June 23 (IANS) The general Budget in July is likely to give a fillip to the government’s telecom projects to make the Prime Minister’s vision of Digital India a success….
Mumbai, June 23 (IANS) A slowing GDP growth rate is a major sticking point for the Indian stock markets at this points and a delayed monsoon and sharp rise in oil prices is further weighing…
New Delhi, June 22 (IANS) Prime Minister Narendra Modi on Saturday met leading economists to discuss key issues including employment, agriculture, education, and health in the run-up to the Budget. Modi interacted over 40 economists…
New Delhi, June 22 (IANS) The government on Saturday started the process of printing of the Budget 2019-20 documents following the customary ‘halwa’ ceremony in which Finance Minister Nirmala Sitharaman participated. Minister of State for…
By Anjana Das New Delhi, June 21 (IANS) The fertiliser subsidy may be up slightly, by up to Rs 6,000 crore, in the 2019-20 Budget as the government is mulling to provide more funds for…
By Hemant Joshi New Delhi, June 20 (IANS) To accelerate employment generation, incentivising corporates to invest in education and skilling the workforce, especially in the IT – ITES sectors, is likely to be proposed in…
By Subhash Narayan New Delhi, June 19 (IANS) Hydrocarbon exploration companies may be given more time to commercialise their finds with the government looking at a new policy to augment the country’s flagging domestic oil…
Mumbai, June 18 (IANS) With an eye on the upcoming assembly elections, Maharashtra Finance Minister Sudhir Mungantiwar on Tuesday presented an additional please-all state budget with a revenue deficit of Rs 20,293 crore, which is…
By Nirbhay Kumar New Delhi, June 17 (IANS) With government committed to bringing the electric vehicle (EV) revolution to India in the next few years, the industry expectations from the Union Budget 2019-20 run high….
By Subhash Narayan New Delhi, June 17 (IANS) To boost power sector investments, the government is considering a proposal to include power generating units in the list of infrastructure projects that qualify for getting investment-linked…
By Anjana Das New Delhi, June 16 (IANS) The telecom tower industry has urged the Finance Ministry to allow accelerated depreciation rate of 65 per cent on batteries, 20 per cent funding through External Commercial…
New Delhi, June 16 (IANS) The government may have quietly pushed a major income tax reform seeking to reduce tax burden and ease compliance for individual taxpayers. The task of overhauling the current tax law…
By Anjana Das New Delhi, June 16 (IANS) The 2019-20 Budget may consider re-introduction of tax-free bonds to raise capital for the infrastructure projects, sources said. Introduction of tax-free bonds to boost investment is a…
New Delhi, June 15 (IANS) Representatives of digital economy and start-ups on Saturday urged the government to build digital infrastructure and scale up and incentivise research & development within India. They shared their views and…