Page 13 - Budget

India plans spending boost as govt tries to revive Covid-19 hit economy

Curbs imposed by the finance ministry on more than 80 government departments and ministries earlier in the year to preserve cash were relaxed this quarter

In search of a new fiscal road map

Budget 2021 must overhaul the existing FRBM Act to set feasible targets on deficit and debt

Two-wheeler industry hopeful of growth in Q4 but wary of Budget: HMSI

The farmers' agitation and Budget are "sort of dark clouds" as the two-wheeler industry is hoping for a low single-digit sales growth in Q4 of 2020-21 on the back of a low base of previous year

Seek harmony between budget allocation, asset monetisation: NHAI chairman

The idea is to welcome more private investment and boost the economy through highway construction, said Sandhu

In a rare move, Japan sells 80 tons of gold to fill budget hole

Saddled with public debt twice the size of its economy and tax revenues hit by the pandemic-induced recession, the finance ministry is under pressure to find non-tax revenues

FM Sitharaman holds pre-Budget consultations with top industrialists

Sitharaman has concluded a comprehensive review of Aatma Nirbhar Bharat Package (ANBP) with the Secretaries of various Ministries/Departments

Towards Budget 2021-22

The budget-making exercise offers golden opportunities despite challenges

The country needs the rich too: Making a case for lower personal income tax

The forthcoming Budget, if it wants to rekindle growth on a sustained basis, must leave far more income in the hands of the rich and well-off than it does now

Govt collects Rs 72K-cr under Vivad Se Vishwas direct tax resolution scheme

A total of 45,855 declarations have been filed under Form 1 as on November 17 and declarations amount to Rs 31,734 crore

Industry bodies, experts to submit ideas on Budget 2021 via e-mail: FinMin

The Union Budget 2021-22 is expected to be tabled in Parliament on February 1

EU parliament, govts finalise 2021-2027 budget, £1.6 trn recovery package

The deal, which took almost four months to negotiate, now needs to be formally endorsed by EU governments and the European Parliament

Why the govt should stop assuming any revenue from disinvestment

The government is sitting on a pile of dross which has a veneer of gold and nobody wants the dross while the govt can't sell the gold

Spain to hike taxes on large companies, high earners in 2021 budget

Governments around the world have so far said very little about how they plan to pay for the cost of unprecedented levels of state support to virus-hit economies

Budget won't be a constraint in vaccination programme: Expenditure Secy

Managing the sequencing of expenditure is not an easy job, but we will do it, we are ready, says T V Somanathan

Talks continue on implementation of long-term European Union budget

EU institutions have started talks on the implementation of a massive recovery package linked to the bloc's next seven-year budget that was agreed during a summit meeting this month

Govt plans to raise Rs 20,000 crore by selling stakes in CIL, IDBI Bank

In case of Coal India, if valuations are not attractive, company will buy back shares from the govt

India's fiscal deficit at Rs 4.66 trn, 58.6% of annual target in 2 months

Net tax receipts during April-May period were Rs 33,850 cr, while total expenditure was Rs 5.12 trillion

Direct tax mop-up rises 39% amid sharp decline in disbursement of refunds

Collections may come under pressure once the base effect wears off

India at 53rd position in budget transparency, accountability: IBP survey

Some of the other large developing countries, with the exception of China, have got much higher transparency scores compared to India

All govt departments told to cut expenses by 60% amid coronavirus outbreak

Each department has to make the "savage cuts" by redoing the Budget maths.