Page 11 - Budget 2019

Those doubting $5 trn economy vision are 'professional pessimists': Modi

The PM said India took 55-60 years to become a $1 trillion economy, while the country became a $2 trillion economy in just 5 years under his rule

Angel tax worries sorted in Budget, start-ups can focus on biz: CBDT chief

Central Board of Direct Taxes (CBDT) Chairman P C Mody told PTI in an interview that all "legacy issues" related to start-ups will be resolved through a consultative process

Budget 2019: Cut GST temporarily to revive auto demand, says Pawan Goenka

The additional income tax deduction for electric vehicle (EV) buyers will incentivise purchase and spur demand

Screenwriter Kanika Dhillon's take on the best and worst things in Budget

The fact that the taxes have gone up is perhaps a negative aspect of this Budget

All finesse: Nirmala Sitharaman doesn't miss a beat in her Budget debut

Unlike her predecessors Arun Jaitley and Piyush Goyal, Sitharaman had no band of cheerleaders

Union Budget 2019: MSMEs get a leg-up, says Crisil COO Amish Mehta

Creation of a new payments platform by the Centre to facilitate faster payments for MSME vendors will also ease working capital and cash flow stress

Nirmala Sitharaman's maiden Budget hits the right notes to propel growth

The finance minister has sent a strong signal to the world that India is open for business

Good economics or clever politics? Jaitley's take on Union Budget 2019

n a Facebook post a day after the Budget presentation, Jaitley said a fundamental question has always been asked as to what would one choose between good economics and clever politics.

Visionless or futuristic? How Indian politicians reacted to Budget 2019

Here is what those in the Indian politics had to say about the 2019 Budget

Shekhar Gupta: Robbing the middle class to pay the poor?

The poor are fooled purely for their cheap thrills and entertainment, but the real joke is on the middle classes

US corporate sector hails 'inclusive' Budget, says it will encourage FDIs

President of US India Strategic and Partnership Forum (USISPF) Mukesh Aghi said the budget is inclusive and policy decisions are encouraging for American companies.

A silent fiscal crisis?

The ability of government to shrink the expenditures in 2019-20 would severely strain attempts to maintain fiscal discipline

An incomplete agenda: Many indirect tax changes but basic reforms left out

Changes made only to Customs as GST can get no tweaks in Budget, but some indications were given about improvements in procedure

Budget 2019: Fiscal goals to welfare, DBS lauds mix of continuity, change

Credit flow is likely to return to the NBFCs once the asset-liability mismatch has been tended too, with banks, meanwhile, likely to come back to the fore," said economist Rao at DBS group research

Budget 2019: Fiscally correct, but familiar tax targets

FM rationalises revenue estimates, squeezes capex ; focuses on repairing financial sector and ease of paying taxes

A path to $5-trillion economy

The Budget focused on redistribution of wealth with tax administration reforms

Chef Manish Mehrotra's take on the best and worst things in Budget

The food and beverage industry is responsible for a lot of jobs in the country today, said Mehrotra

Budget eases criteria of obtaining Aadhaar for NRIs with Indian passport

Second, gifts by Indian residents in the form of property or money will be taxable in India

Budget 2019: Welcome changes in fiscal laws, says Shardul Shroff

The Budget makes several futuristic announcements to stir foreign investment

Sitharaman's maiden Budget provides building blocks for $5-trn economy

Overall, the first Budget of Modi government's second term is pragmatic, fiscally prudent