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Budget Headlines

India braces for deficit blowout, higher borrowing: Budget guide

Finance Minister Nirmala Sitharaman is set to outline fiscal steps that may include higher spending in rural areas and possib...

View: It's time to shed the colonial tradition of secrecy around budget making

Over the years, the Indian budget has been shedding its colonial traditions. In 1999, we changed the timing of the budget fro...

Budget: PM-KISAN fund allocation may be trimmed by 20%

Agriculture ministry seeks Rs 60,000 cr for FY21 against Rs 75,000 cr in FY20 budget.

View: Making sure investors feel safe putting resources here

Boosting investor sentiment is something the government has been focusing on.

Announce convergence of all corporate tax rates to 15 pc in Budget: CII

The government last year reduced corporate tax rates to 22 per cent, plus surcharge and cess. However, companies will not be ...

FM may announce second round of capital infusion for non-life insurers in Budget

The government infused Rs 2,500 crore in the three insurers -- National Insurance, Oriental Insurance and United India Insura...

No state-specific schemes to be announced in Budget: Election Commission

Replying to a query while addressing a press conference, Arora said as the Model Code of Conduct (MCC) comes into effect imme...

Decoding the budget 2019: Strict rules soon for PSBs buying NBFC assets

According to a recent report released by rating agency ICRA, banks have emerged as a large buyer of pooled assets from NBFCs ...

Budget, Economic survey show divergent numbers

The immediate implication is that many schemes are likely to have received lower amounts than the figures shown in the revise...

ET Graphics: What India Inc wants from the Budget

India Inc expects finance minister Nirmala Sitharaman to carry forward the direct tax reform process in her second budget to ...

MTaI seeks streamlining of tax & duty structure to make medical devices affordable

MTaI seeks streamlining of tax & duty structure to make medical devices affordable

"High customs duties have adversely impacted the costs of medical devices and equipment in India which contradicts the govern...

View: Why Sitharaman's budgetary allocation is unlikely to satisfy defence establishment

View: Why Sitharaman's budgetary allocation is unlikely to satisfy defence establishment

Under Sitharaman’s leadership as defence minister before becoming FM, the armed forces had projected a combined shortfall of ...

View: If it moves, tax it. That's desperate, India

View: If it moves, tax it. That's desperate, India

Having lost the fiscal plot, bureaucrats are trying to marshal resources by squeezing taxpayers.

View: How urban primacy assumed importance in Sitharaman's Budget speech

View: How urban primacy assumed importance in Sitharaman's Budget speech

Water for every household by 2024, as promised by the FM in her Budget, is attainable only if water is conserved, reused and ...

View: The long-term test that the budget failed

View: The long-term test that the budget failed

India is facing both a cyclical and a structural slowdown. The budget has offered some hope for the first.

India's 'high' super-rich tax still lower than in many countries

India's 'high' super-rich tax still lower than in many countries

Sitharaman in the Budget proposed to hike surcharge from 15% to 25% on taxable income between Rs 2-5 cr.

An ex-CEA decodes the budget for the layman

An ex-CEA decodes the budget for the layman

The ratings given by Arvind Virmani are starkly different for Part A and B of Friday's Budget.

Why Budget 2019 could be a gamechanger

Why Budget 2019 could be a gamechanger

While market reaction has been subdued, I believe the approach will result in longterm benefits.

Government clear on promoting EVs: Rajiv Kumar

Government clear on promoting EVs: Rajiv Kumar

Niti Aayog has planned transitioning to full EVs for three-wheelers by 2023 and two-wheelers with an engine capacity less tha...

Govt may draw additional Rs 30k crore from taxes

Govt may draw additional Rs 30k crore from taxes

The annual gain from increase in Special Additional Excise duty and road cess on petrol and diesel is Rs 30,000 crore.

Thought PAN card's time was up? Think again

Thought PAN card's time was up? Think again

PAN is "certainly not dead" and the recent Budget announcement is just an "additional facility", CBDT said.

Self-assessment tax can help save you from prosecution

Self-assessment tax can help save you from prosecution

The budget proposes that if the net tax is less than Rs 10,000 then there will be no prosecution. The earlier limit was Rs 3,...

The section for whom salary hikes are now meaningless

The section for whom salary hikes are now meaningless

In the new system, if one's income increases by Re 1 from Rs 2 cr or Rs 5 cr, his tax liability will go up.

Visa, Mastercard brace for serious Budget blow

Visa, Mastercard brace for serious Budget blow

Merchants are now likely to find it more profitable to accept UPI and other local e-payments.

Budget 2019 gives direction for aspirational India: Arun Jaitley

Budget 2019 gives direction for aspirational India: Arun Jaitley

The Budget takes upon itself the task of concentrating, in the next five years, on a ‘tap for every home’.

Budget lays roadmap for a $5 trillion India: Modi

Budget lays roadmap for a $5 trillion India: Modi

"Larger the size of the economy will be, the larger the prosperity will it bring for the country," Modi said.

Targets are realistic and achievable, says Subhash Chandra Garg

Targets are realistic and achievable, says Subhash Chandra Garg

Finance Secretary Subhash Chandra Garg says the revenue assumptions in the budget are sound and expenditure has been kept in ...

Decoding FM's budgetary allocation for MSMEs

Decoding FM's budgetary allocation for MSMEs

When it comes to budgetary allocation for the MSME Ministry, it stands at an all-time high of Rs 7,011.29 crore - an increase...

This is what the Budget did to your fuel

This is what the Budget did to your fuel

Diesel price was hiked by Rs 2.36 per litre in Delhi to Rs 66.69 and by Rs 2.50 per litre in Mumbai to Rs 69.60.

Budget 2019: What happens to your taxes

Budget 2019: What happens to your taxes

​Pick the case study nearest to your annual salary to determine the Budget impact on your savings and taxes.

Did the FM make you richer or poorer? Here's the bottom line

Did the FM make you richer or poorer? Here's the bottom line

The rich and super-rich will have to pay out quite a bit more, owing to a steep increase in surcharge.

10 things consumers should know

10 things consumers should know

From fuel, to Italian marble and luxury cars, here is what has become more expensive for consumers.

Hot tips that will lead to cool savings on tax

Hot tips that will lead to cool savings on tax

An individual taxable at 30% can save Rs 45,000 if he claims Rs 1.5 lakh as deduction under section 80C.

Budget misses attention on export industry at large: TPCI

Budget misses attention on export industry at large: TPCI

Trade Promotion Council of India (TPCI) Chairman Mohit Singla said the industry book order suggests that exports in June will...

Budget 2019: Your tax burden, this year & next

Budget 2019: Your tax burden, this year & next

Here's what the tax slabs and the new higher surcharges on the rich and super-rich now look like, post yesterday's announceme...

Are you paying more or less tax than 5 years ago?

Are you paying more or less tax than 5 years ago?

Find out which income class household has benefited and suffered the most in terms of tax liability.

10 things India Inc should know

10 things India Inc should know

Tax on buyback of listed cos to 2% TDS on withdrawal of over Rs 1 cr, here's what India Inc must know.

Sitharaman bets on easier credit not fiscal boost for faster growth

Sitharaman bets on easier credit not fiscal boost for faster growth

It was protectionist and inward-looking, seeking to reduce import dependence rather than increasing exports.

The rich aren't really upset with this Budget

The rich aren't really upset with this Budget

Only 6,361 individuals in the country have declared their incomes to be over Rs 5 crore.

The Budget at a glance

The Budget at a glance

Retail investors seeking safety would be better off if the proposal to boost their participation in the government bond marke...

Sitharaman's fiscal plan has too many ifs and buts

Sitharaman's fiscal plan has too many ifs and buts

Contrary to our expectations, fiscal deficit has been marginally reduced relative to the Interim Budget.

Will Budget 2019 change investor sentiment?

Will Budget 2019 change investor sentiment?

What stands out prominently in the Budget is the commitment to stick to fiscal consolidation.

Change in customs duties to boost Make in India

Change in customs duties to boost Make in India

The aim is to emerge as an attractive investment destination for companies looking to diversify manufacturing operations from...

LTCG: Gains & losses since Modi govt’s 2014 budget

LTCG: Gains & losses since Modi govt’s 2014 budget

From April 1, 2018, LTCGs in excess of 1 lakh arising on sale of listed equity shares, equity-oriented mutual funds held for ...

Budget 2019: A push for higher rural-urban run rate

Budget 2019: A push for higher rural-urban run rate

Aware of the big unemployment question and the need to expand beyond the ruling party’s dedicated urban electoral base, the g...

Budget 2019: Khadi’s reinvention sees increased budgetary allocation

Budget 2019: Khadi’s reinvention sees increased budgetary allocation

The Budget expenditure for Khadi reflects the intent to get the focus back on the versatility offered by the unique fabric of...

India eyes its own Davos for bigger global role

India eyes its own Davos for bigger global role

The move will help create a niche for Asia’s third-biggest economy within the international financial system.

Economic revival could take longer than expected

Economic revival could take longer than expected

Despite the calls for privatisation of public sector banks, the Budget actually tries to strengthen them by substantially inc...

Budget speech was long on vision, but short on detail

Budget speech was long on vision, but short on detail

Sitharaman’s speech was long on vision, political direction, and intent, but short on detail.

Modi sarkar's second spell continues with reforms: Sunil Mittal

Modi sarkar's second spell continues with reforms: Sunil Mittal

The budget sets the right goals in infrastructure and housing, to spur the economy and create more jobs.

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