Page 226 - Budget 2026 News

No need to clarify higher tax on FPIs due to surcharges: Nirmala Sitharaman

The government on Friday raised income tax surcharge on people with an annual income of more than 20 million Indian rupees

Govt to soon issue clarification on applicability of surcharge on FPIs

There are concerns that the increased surcharge on super-rich could also affect foreign funds investing in India

Last two fiscals saw 381,000 new jobs in central govt depts: Budget

Budget documents give break-up of the jobs that were created in central govt departments in last two years

Tax proposal in Budget 2019 hits Indian companies' year of share buybacks

More than 70 companies, including software exporter Wipro Ltd., announced or completed Rs 354.6 billion ($5.2 billion) of share buybacks in the first half of 2019

Govt aims to cut stake in state-run cos to minimum required in FY20: Report

The government aims to raise Rs 400 billion from exchange-traded funds, the official told reporters. The official declined to be identified

Rs 70K-cr capital infusion in PSBs credit positive, to boost economy: S&P

S&P said it believe PSBs still require substantial reforms to improve risk management, service quality, efficiency, and diversity of product offerings

Budget proposals bring in some incremental comfort, says Abhinav Khanna

The intended increase in public float to 35 per cent from 25 per cent currently should help boost liquidity in the stocks which fall in that category

Budget 2019: India won't become a superpower with these allocations

Only 3.4% of total federal spending was budgeted for education - down from 3.74% the previous year and from 4.3% when Modi took over in 2014

Budget impact: Infosys, 8 others face 20% tax burden on share buyback

These companies, which are buying back shares, will see costs rising

EV loan to excise duty on fuel: Here're good and bad moves in Budget 2019

Good move to make National Pension Scheme more attractive

India's highest personal tax rate still lower than those in China, US: Govt

Following the increase in surcharge, the effective income tax rate for individuals with taxable income of Rs 2-5 crore will go up from 35.88 per cent to 39 per cent

ZBNF technique has been tested extensively and it does work, says Palekar

This technique can very much be scaled up and used by all farmers in India but it won't happen overnight

Budget 2019: NHB to retain power to inspect, penalise housing finance firms

NHB may also independently inspect the books of the HFCs, according to provisions of the Finance Bill, 2019

Is Subhash Palekar's zero budget natural farming solution to farm woes?

As on date, ZBNF is being implemented in 131 clusters covering 704 villages under the Centre's Rashtriya Krishi Vikas Yojana

A pinch here, a windfall there: Govt's fuel tax earning explained in charts

The effective tax on petrol now stands at 105 per cent, or Rs 35.5 per litre, and excise duties contribute a healthy Rs 20 per litre

Nirmala Sitharaman to address post-budget RBI board meet on Monday

The Finance Minister would apprise the board of various other announcements made in the Budget to spur growth

Budget impact: Sebi may give listed firms two years for 35% public holding

Regulator, however, concerned with implications of takeover code; to start public consultation soon

Budget 2019: India redirects foreign aid to Indian Ocean countries

After Bhutan, which has been allocated Rs 2,802 crore this year, tiny Mauritius will be the second-largest recipient of Indian aid

Budget impact: Super-rich tax hits 1,000 executives in corporate India

Overall, 901 listed companies had 1,720 officials earning more than Rs 1 crore in FY18

New Budget, old outcome

Many parts of the speech had little to do with the Union Budget, says the author