Page 227 - Budget 2026 News

The good, the not-so-good and the tricky

In the aftermath of the Union Budget, the onus of igniting the animal spirit seems to be on the RBI. More rate cuts are on the cards

Handle with care

Sovereign borrowing in foreign currency has inherent risk

The right figures

The Budget should have used up-to-date data on revenue

Accelerating growth

An export-led backward integration strategy for manufacturing and business services is essential for accelerating economic growth

Budget 2019: Boost for EVs evokes mixed reactions from auto industry

The income tax rebate of Rs 1.5 lakh for EV buyers along with GST rate of 5% will encourage buyers in the personal mobility space to "seriously consider EVs", believe industry experts

Budget impact: Electronic, fashion brands may accelerate India plans

Finance Minister Nirmala Sitharaman said the 30 per cent local sourcing norms in single-brand retail would be relaxed as she sought to make India an attractive destination for foreign players

TDS on Rs 1-crore cash withdrawal aimed at cracking down on black money

The ministry said that the 2% tax, announced in last week's budget and to start in September, was prompted by information showing misuse

Budget 2019: Liquidity support to banks does not rescue weak NBFCs

The Budget allowed more NBFCs to come to the bill discounting platform TreDs, potentially solving the funding need for MSMEs

Budget misses scrappage policy which is key for CV revival, says industry

Icra maintains a stable outlook for the domestic CV industry, expecting it to grow in the range of 7-9% during FY2020

Budget 2019 proposes tax incentives to make GIFT City global financial hub

Standard Chartered Bank is setting up an international banking unit primarily to look after Indian company requirements

Plan to tap global mkts for govt borrowing added at last minute in Budget

The investors said that this was necessary for India to push for more foreign investors to pick up stakes in the bankruptcy-hit companies

Letter to BS: Union Budget 2019 did not offer too many tax sops

Raising the threshold limit from Rs 2.5 lakh to Rs 5 lakh paved way for many lower income salary earners

The long and tangled pipe

Perhaps the most critical task facing the new Jal Shakti minister will be a diplomatic one

A political Budget

It is a smartly crafted document that, amidst the din of a pro-Bharat policy package, further opens up the Indian economy to foreign capital

Budget 2019: How FM Nirmala Sitharaman aims to plug tax leakages

Several proposals in the finance minister's speech aim to increase the number of tax filers and reduce the scope for tax avoidance

FM bowls a googly: Living on the edge with widening black money net

A threat of getting prosecuted under both Income Tax Act and Black Money Act

Budget 2019 is a delicate balancing act with focus on social outcomes

The finance minister has balanced allocations across development, fiscal prudence and competing socio-economic priorities

Budget impact: Direct tax proposals are futuristic and far reaching

Tax exemption on withdrawal from NPS at the time of closure or opting out will be enhanced from 40% to 60%

In Sitharaman's first Union Budget, the focus is on Make in India

The priority to ease of doing business and measures against tax malpractices should widen the country's tax base, but implementation will be key to success

Budget impact: Infrastructure, housing finance, cement firms key gainers

Rural development initiatives both on physical and social infrastructure could spur employment and consumption