Page 91 - Budget 2025 News

Budget 2020: Bank's deposit insurance premia to rise by over Rs 28,000 cr

Bankers say move will not dent their balance sheets significantly, but will take up the matter with RBI, which they say can share some of the burden

Govt provides 30% higher budget allocation to agriculture for FY21

Maximum of Rs 75,000 crore has been allocated for the government's flagship scheme PM-Kisan for the 2020-21 fiscal

FM defends new tax regime, says it will benefit taxpayers in some brackets

She defended the new scheme by saying that it will benefit some taxpayers falling in certain brackets, if not all

Revised 3.8% fiscal deficit for FY20 looks ambitious, says SBI Research

The revised deficit target is propped on the belief that the divestment will fetch Rs 65,000 crore through the next two months

Govt raises outlay for digital India programme by 23% to Rs 3,958 crore

The government has increased allocation for National Knowledge Network to Rs 400 crore from Rs 274 crore in the current fiscal

Niti Aayog VC expresses surprise over market's reaction on Budget proposals

'I am actually quite surprised by the market's reactions yesterday, going down 1,000 points', said Niti Aayog Vice Chairman Rajiv Kumar

No intention to tax global income of NRIs in India, says FM Sitharaman

'What we are doing now is that the income of an NRI generated in India will be taxed here', said FM

Budget: UP needs to shut thermal power plants generating 2,500 mw power

All India Power Engineers Federation urges CM Adityanath to intervene

Govt budgets Rs 985 crore for UIDAI in the next financial year; up 17%

The document did not provide reasons for the downward revision but it could be because of non-utilisation of all the funds allocated to the UIDAI

New tax slabs proposed in Budget to benefit taxpayers: CBDT chairman

The set target for revenue collection (personal income tax, corporate tax and others) was Rs 13.35 trillion for the 2019-20 financial year that ends on March 31

US industry leaders hail budget, say it will fetch India more FDI

Welcoming the budget, the US-India Business Council said that abolition of the dividend distribution tax removes a major disincentive to foreign companies seeking to set up operations in India

LIC listing could come in second half of FY21, says Finance Secretary

Finance Minister Nirmala Sitharaman while presenting the Budget 2020-21 on Saturday announced stake sale in LIC through an initial public offer in the next financial year

2 tax regimes after Budget: Which one to choose if you claim exemptions

Experts say paying tax has now become very person-specific. Each taxpayer will have to study the situation and decide whether to opt for the new regime or not

Small Bang theory: Irrational expectations, and uneventful Budget

Modi likes the budget to be a low-key, routine, annual statement of accounts. Big bang announcements can be made through the year, when it suits his politics

Steps in Budget should help lift India Inc's optimism: Edelweiss Group CEO

The finance minister wants to encourage people to move from savings to consumption

Nirmala Sitharaman's second Budget is a missed chance for the markets

Expectations of a growth stimulus have been belied

FM Nirmala Sitharaman's second Budget is falling short of expectation

The government should have increased allocations to the MGNREGA, PM-KISAN and rural infrastructure to raise incomes in rural areas

Budget 2020: Has FM Sitharaman done enough to address the slowdown?

It appears to incentivise consumption but also puts hurdles in its path

Budget 2020: E&Y analyses movement of stocks, gives key reasons behind it

Benefit of reduced corporate tax rate of 15% extended to newly set up domestic companies engaged in power generation

Nirmala Sitharaman's Budget 2020: Balancing act or leap of faith?

FM fights shrinking fiscal space by increasing non-tax revenue, freezing growth in subsidies