Page 195 - Budget 2026 News

Budget: A few positive prescriptions for a slow cure, says JM Financial MD

It is reassuring to see that the deficit target was kept within expected lines and 10 per cent growth in nominal gross domestic product is projected

Budget 2020: Road to bourses for LIC is not going to be an easy one

Amendment to the Act, sovereign guarantees, investment portfolio, realty holdings, and governance issues to shape valuation

Blaming the Budget? Blame your beliefs

Budget was a disappointment for the market but why despite six previous flop shows, the business community had fervid belief that the seventh time would be any different?

Risks of revised estimates

How a potential fiscal deficit of 4.65% of GDP was brought down in the 2019-20 revised estimates

Crowding out and opening up

Tied spending, revenue crunch mean the finance minister did the best she could on financing the deficit

Disinvestment dynamics

Listing LIC will be a big challenge for the govt

Glide path for direct tax

Exemption-free option a good move, but clarity needed

After foreign companies, budget gives income tax exemption to ISPRL

Tax changes on ISPRL will be effective April 1

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