Page 204 - Budget 2026 News

FM says govt looks at corporatisation, listing of at least one major port

Major ports in the country have an installed capacity of 1,514.09 million tonne per annum

India's growth, fiscal deficit projections challenging to meet: Moody's

Nirmala Sitharaman, set a fiscal deficit target of 3.5% of GDP for the year ending March 2021 and said it expected nominal GDP of 10%

Step-motherly treatment meted out to Delhi again: Kejriwal on Union Budget

Kejriwal took to Twitter to express his disappointment over the Budget for 2020-21 presented by Finance Minister Nirmala Sitharaman

Budget will revive economic growth, create new job opportunities: Rajnath

Kejriwal took to Twitter to express his disappointment over the Budget for 2020-21 presented by Finance Minister Nirmala Sitharaman

Budget proposals are not really a stimulant amid lack of big-bang steps

The fiscal target seems to be reasonable at 3.5 per cent but dependent heavily on how GDP progresses

FM declares hike in customs duty on imported fans, tableware, kitchenware

Customs duty on catalytic converters, parts of commercial vehicles, other than electric vehicles, have also been hiked

Budget 2020: Govt proposes to cut import duty on newsprint to 5% from 10%

The total consumption of standard newsprint in India is 2.5 million tonnes and the indigenous mills have a capacity of 1 million tonnes only, the INS had said

Income Tax slabs to fiscal deficit, all the key points from Budget 2020

Govt estimates economic growth this fiscal year, which ends on March 31, will slip to 5% - its weakest pace since the global financial crisis of 2008-09

Budget 2020: FM Sitharaman's sops to boost affordable housing projects

Rs 1.5 lakh benefit on interest paid on affordable housing loans extended by a year; Tax holiday for developers; industry hails initiatives

Budget 2020: FM Sitharaman proposes easing of tax payments for startups

During their formative years, startups generally use ESOPs to attract and retain highly talented employees, she added

Budget lacks solutions to revive growth, focuses more on praising PM: Cong

"Longest Budget speech is also the most lacklustre budget ever", Patel said

Budget 2020 proposes cut in tax on cooperative societies to 22% from 30%

Sitharaman also announced extending by one year the date of approval of affordable housing projects for availing tax holiday on profit earned by developers

FM Sitharaman speaks for 160 min, cuts short Budget speech after fatigue

Sitharaman had only two pages of her Budget speech unread when she appeared uneasy and was seen wiping sweat from her forehead

Dividend distribution tax to be levied on individuals instead of firms: FM

FM also proposed deferment of tax payment by employees on employee stock ownership plan from startups by five years

New scheme to provide subordinate debt to MSME entrepreneurs to be launched

The government has also asked the Reserve Bank to extend the Debt Restructuring window for micro, small and medium enterprises by a year to March 31, 2021

National logistics policy soon to make MSMEs more competitive: Sitharaman

Explaining further, she said the proposed policy will clarify the role of the Centre, states and also key regulators

100 more airports to be developed by 2025 to support UDAN scheme: FM

Presenting the Budget for 2020-21, Sitharaman said Rs 1.7 lakh crore has been provided for transport infrastructure in 2020-21

Budget introduces 5 tax slabs, lower rates for those foregoing exemptions

Under the proposal, people with an annual income of Rs 5 lakh to Rs 7.5 lakh will have to pay a reduced tax rate of 10 per cent; between Rs 7.5 lakh and Rs 10 lakh 15 per cent

Nominal GDP growth for FY21 estimated at 10%, says FM Sitharaman

Sitharaman said income tax rates will be significantly reduced for those who forego reliefs, exemptions

Budget 2020: Healthcare sector allocation rises to Rs 69,000 crore

Ayushman Bharat gets a boost as hospitals to be developed under PPP mode; Jan Aushadhi scheme to be expanded to every district