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Budget Headlines

All you need to know about halwa ceremony ahead of Budget

Finance Minister Nirmala Sitharaman, other officials of the ministry and clerks will be present at the ceremony which will be...

Hike in housing income tax sop urged in Budget

Providing tax incentives on house property income would stimulate demand and help boost the sector.

RBI should act as lender of last resort, provide liquidity to NBFCs: SBI

In its report on Budget expectations, the economists said RBI should "seriously think" of providing liquidity to NBFCs agains...

Give cash in hand to push demand: FMCG Inc

Industry bats for stimulus measures such as reduction in income tax, job creation and direct incentives for rural consumers. ...

Remembering  the Budget speech that changed India

Towards the end of his speech Manmohan cited Nehru's advice to daughter Indira that in dealing with the affairs of the state ...

FM urged to equalise tax benefits for govt and non-govt employees in Budget 2020

The Income-tax Act, 1961 differentiates between a government employee and non-government employee. However, this should not b...

Runup to the Budget 2020-21: Govt mulls no tax on LTCG with 2-year holding period

The government may also tweak the definition of ‘long term’ from a year to two years.

Budget 2020 should cut income tax slabs, offer tax breaks to boost investment: EY

The Indian economy is growing at around 5 per cent in FY 2019-20, which is the lowest in the past 11 years.

Govt considering hike in customs duty on toys, certain paper, footwear products in Budget

The Commerce and Industry Ministry in its Budget recommendations to the Finance Ministry has proposed rationalisation of basi...

Budget may have a big surprise for small companies

It would be modeled on the lines of FoF suggested by former Sebi chairman-headed panel on MSME.

What do you want from Budget? Take our survey

What do you want from Budget? Take our survey

As February 1 draws near, hope and fear make for a complex interplay in a nation caught in the worst downturn in recent memor...

PPF, NSC sops on cards to increase taxpayers' savings

PPF, NSC sops on cards to increase taxpayers' savings

Finance Ministry may allow tax exemptions of up to Rs 2.5L for savings and up to Rs 50,000 for NSC.

Swaminathan Aiyar on why India needs an 'honest' Budget

Swaminathan Aiyar on why India needs an 'honest' Budget

As India awaits the Union Budget for 2020-21, ET's Consulting Editor Swaminathan Aiyar shares his views on why the country ne...

Budget may make faking input tax non-bailable crime for buyers too

Budget may make faking input tax non-bailable crime for buyers too

CXOs, directors or employees directly responsible for making such claims can also be penalised.

ET Special Podcast: Countdown to Budget 2020 begins!

ET Special Podcast: Countdown to Budget 2020 begins!

18 days to turn things around rather. Populist, pragmatic or plain jane Budget.. We will get to know on February 1. Tune in t...

What India Inc's expectations are from Budget

What India Inc's expectations are from Budget

TVS Motor Group Chairman Venu Srinivasan said, “One of the most mportant issues facing us today is job creation. Young people...

Rakesh Jhunjhunwala’s Budget wish-list, views on Tatas, bubble asset & sectors to bets

Rakesh Jhunjhunwala’s Budget wish-list, views on Tatas, bubble asset & sectors to bets

Jhunjhunwala said the government must make investing in real estate tax-free.

Include national plastic recycling fund, R&D support for zero carbon tech in upcoming Budget: TERI

Include national plastic recycling fund, R&D support for zero carbon tech in upcoming Budget: TERI

In a meeting held with Union Finance Minister Nirmala Sitharaman recently, Ajay Mathur, Director General (DG) of The Energy a...

Government may address inverted duty structure in Budget

Government may address inverted duty structure in Budget

Industry has been demanding that government should remove the anomalies with regard to taxation of raw material and other inp...

Budget 2020: ISSDA seeks nil duty on import of key raw materials

Budget 2020: ISSDA seeks nil duty on import of key raw materials

ISSDA also urged the government for simultaneous imposition of 12.5% custom duty on stainless steel flat product imports in o...

How bad really is the fiscal situation?

How bad really is the fiscal situation?

At this point, it makes sense to bite the bullet. Govt can fret over deficit after growth has picked up.

What the govt exactly needs to do for the economy

What the govt exactly needs to do for the economy

When options are limited, 'reorienting' the State’s priorities is applicable to the businesses it owns.

What FM Sitharaman could do in budget to revive economy

What FM Sitharaman could do in budget to revive economy

Consumer demand is lacklustre, tax collection is modest & estimated GDP growth for 2019-20 is 5%, an 11-yr low.

View: India needs a Swachh budget with less fiscal fudging

View: India needs a Swachh budget with less fiscal fudging

For too long, govt spending and borrowing have been hidden by fudging. It's time India took note of that.

Auto industry seeks bold fiscal measures in the Budget to revive growth

Auto industry seeks bold fiscal measures in the Budget to revive growth

The sector — suffering for a year now — reported its worst-ever sales decline in two decades during 2019.

How FM can help steel sector without any Budget relief for it

How FM can help steel sector without any Budget relief for it

A road map to revive auto sector and govt's infra push may act as antidotes to the steel sector’s woes.

Financial services sector: Tackling demand and credit crises

Financial services sector: Tackling demand and credit crises

With banks risk-averse & NBFCs facing liquidity crunch, the sector wants to regain confidence to restart lending.

India's auto sector: Traversing a road with many bumps

India's auto sector: Traversing a road with many bumps

Auto Inc's been battling high tax and weak sentiments. It is high time for incentive-based scrappage policy.

Startups: Waiting for regulatory relief

Startups: Waiting for regulatory relief

Entrepreneurs want a stable policy environment, a longer time horizon to carry forward losses and to pay taxes on ESOPs only ...

PM Modi keen to move beyond gradual moves in Union Budget

PM Modi keen to move beyond gradual moves in Union Budget

PM Modi seems keen to present a budget that goes beyond incrementalism and gradualism.

Finance minister holds pre-budget consultation with BJP leaders

Finance minister holds pre-budget consultation with BJP leaders

Finance minister held four rounds of meetings with BJP leaders at the party headquarters here, taking feedback for the budget...

Do away with GST on services by microfinance companies: Industry's Budget wish-list

Do away with GST on services by microfinance companies: Industry's Budget wish-list

Highlighting the key demands, Sa-Dhan Executive Director P Satish said, "MFIs (microfinance institutions) offer different ser...

PM Modi calls for focussed effort to make India $5 trillion economy

PM Modi calls for focussed effort to make India $5 trillion economy

Prime Minister said that the idea of 5 Trillion Dollar Economy is not a sudden development and that it is based on a deep und...

The reforms we need to bring the economy back on track

The reforms we need to bring the economy back on track

It is time for commentators on the economy to offer their wish lists of reforms to the finance minister.

India asset sales to fall short of target by nearly 50%

India asset sales to fall short of target by nearly 50%

The shortfall will add to govt's financial problems, which is already grappling with lower GST collections.

Budget 2020 can end India Inc's wait and watch mode

Budget 2020 can end India Inc's wait and watch mode

The government has been intervening, at regular intervals, to pump prime the economy. Finance minister Nirmala Sitharaman ann...

India official sees Budget gap widening to 3.8%, over target

India official sees Budget gap widening to 3.8%, over target

The government can miss its target if it faces acts of war or if the economy is undergoing structural reforms.

Budget 2020: Can government afford to miss its fiscal deficit target?

Budget 2020: Can government afford to miss its fiscal deficit target?

A number of experts have revised their fiscal deficit target for current fiscal. Fitch has raised the fiscal deficit target t...

PM meets economists, experts at Niti Aayog

PM meets economists, experts at Niti Aayog

Prime Minister Narendra Modi is meeting economists and experts at the Niti Aayog to discuss the state of economy and steps to...

BJP holding meetings with stakeholders seeking suggestions for Budget

BJP holding meetings with stakeholders seeking suggestions for Budget

Agarwal, who is a spokesperson for economic issues and coordinating these meeting, said in all 11 meetings were planned out o...

PM Modi seeks ideas, suggestions for Union Budget

PM Modi seeks ideas, suggestions for Union Budget

"The Union Budget represents the aspirations of 130 crore Indians and lays out the path towards India's development. I invite...

CCPA recommends Budget Session from Jan 31; Union Budget on Feb 1

CCPA recommends Budget Session from Jan 31; Union Budget on Feb 1

There is usually a month-long break between the two phases of the Budget Session to allow parliamentary committees to examine...

Government mulls tax break for Indian pharma companies

Government mulls tax break for Indian pharma companies

The government had introduced a weighted tax deduction of 200% on expenditure on R&D in the 2010 budget, in order to boost in...

After 5% growth estimates, PM seeks suggestions on Budget

After 5% growth estimates, PM seeks suggestions on Budget

Finance Minister Nirmala Sitharaman had already asked for public views on the budget earlier. Modi had a brainstorming sessio...

Government unlikely to announce capital infusion for PSU banks in Budget

Government unlikely to announce capital infusion for PSU banks in Budget

Banks may look for divesting their non-core business as part of fund raising exercise during 2020-21.

Budget may introduce tax dispute settlement scheme

Budget may introduce tax dispute settlement scheme

An estimated 500,000 cases have been pending in the courts and quasi-judicial forums for years.

No more cuts in corporate tax: Abhijit Banerjee’s advice to FM

No more cuts in corporate tax: Abhijit Banerjee’s advice to FM

"No more cuts in corporate taxes...the corporate sector (is) sitting on cash, it is not investing, " he said.

Team Nirmala: A look at FM's team that is led by finance secretary Rajiv Kumar

Team Nirmala: A look at FM's team that is led by finance secretary Rajiv Kumar

Finance minister Nirmala Sitharaman gears up to present her second budget amid wide expectations of major reform measures to ...

5 things you need to know about Modi government's most challenging Budget

5 things you need to know about Modi government's most challenging Budget

Finance Minister Nirmala Sitharaman faces one of the toughest balancing acts of her career and the numbers before her are not...

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