The Budget, presented last Friday, provided Rs 70,000 crore for recapitalisation of public sector banks
Finance Ministers proposal of taxing the rich might be sound in principle but fails on the grounds of fairness and equity
Here is the full text of the Finance Bill as tabled by the first full-time woman finance minister of the country Nirmala Sitharaman
Here is the full text of the memorandum of the finance bill tabled in Lok Sabha
Govt has proposed no charge or merchant discount rate for companies with over Rs 50 cr turnover accepting payments digitally
Thinking India can induce enough private investment just because of the size of its market is a big mistake
What is remarkable about Budget 2019-20 is that it does not even make the pretence to be the financial statement the Constitution enjoins it to be
Budget has proposed an additional deduction of Rs 1.5 lakh for interest paid on loans borrowed up to end-March, 2020 for purchase of an affordable house, valued up to 45 lakh
India needs a predictable, stable, and moderate rate of taxation
Digital payment mandates should be avoided
There is no apparent basis to tax FPIs organised in different legal forms
Internal and extra budgetary resources (IEBR) have been pegged at Rs 5.37 trillion for FY20 in the Budget Estimates (BE) against Rs 6.13 trillion in the RE for FY19
Most global equities fell sharply after the strong US job data cast doubts
Allowing sourcing through a third party or group companies is yet another concession
The move would adversely affect leather value chain from tanning to finished goods, especially at a time when finished leather exports were already down, it says
According to Finance Commission formula, 42% of the divisible pool of tax revenue collected by the Centre has to be distributed to states
Figures hoisted by housing, gas connection schemes
Das said the central bank will provide a backup "if individual banks require additional liquidity"
At present, a draft bill has been moved to give primacy to aircraft repossession rules over all other existing laws
Plan to build 19.5 mn rural houses over next three years will also strengthen steel consumption, ratings agency says in its Budget analysis