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Page 16 - Budget 2019

Model tenancy law to soon replace 'archaic' rental laws: Sitharaman

The new policy is aimed at alleviating housing shortage in urban areas by encouraging renting of homes

Model tenancy law to soon replace 'archaic' rental laws: Sitharaman
Updated On : 05 Jul 2019 | 9:40 PM IST

Govt sets record disinvestment target of Rs 1.05 trn selling PSU stakes

While strategic sale will entail outright privatisation in some CPSEs, the government's direct holding can be brought down below 51 per cent but the effective control will remain with the government

Govt sets record disinvestment target of Rs 1.05 trn selling PSU stakes
Updated On : 05 Jul 2019 | 9:37 PM IST

Sitharaman picks fiscal discipline over calls for stimulus to economy

Sitharaman will be relying on an ambitious revenue target to narrow the deficit as the government reins in spending: she plans to increase taxes on the wealthy, raise duties on gold and gasoline

Sitharaman picks fiscal discipline over calls for stimulus to economy
Updated On : 05 Jul 2019 | 9:23 PM IST

Keeping the focus on fiscal consolidation

India has to compare its tax rates not with the more developed economies but with the ones that are closer home

Keeping the focus on fiscal consolidation
Updated On : 05 Jul 2019 | 9:01 PM IST

Budget 2019 analysis: Here's what 5 key sectors expected and what they got

EY analyses Nirmala Sitharaman's Budget 2019 for Business Standard, comparing the expectations of five key sectors of the economy and what they actually got in Budgetary provisions

Budget 2019 analysis: Here's what 5 key sectors expected and what they got
Updated On : 05 Jul 2019 | 8:59 PM IST

Budget 2019: India Inc grim over customs, direct tax surcharge uptick

Industry captains, experts at CII, FICCI praise some measures; say government could have done much more

Budget 2019: India Inc grim over customs, direct tax surcharge uptick
Updated On : 05 Jul 2019 | 8:27 PM IST

Union Budget 2018-19 is an investment friendly Budget: Pankaj Pandey

On the infrastructure front, the government has set an ambitious plan of annual infra spend of Rs 20 lakh crore per annum versus the present run rate of Rs 7-8 lakh crore per annum

Union Budget 2018-19 is an investment friendly Budget: Pankaj Pandey
Updated On : 05 Jul 2019 | 8:26 PM IST

Budget 2019 hikes outlay for education by 13% to Rs 94,853 crore

A sum of Rs 38,317.01 crore has been set aside for higher education

Budget 2019 hikes outlay for education by 13% to Rs 94,853 crore
Updated On : 05 Jul 2019 | 8:22 PM IST

Finance Minister Sitharaman's Budget increases taxes on petrol and diesel

Sitharaman raised excise duty and road and infrastructure cess on the auto fuels by Rs 2 per litre each to raise over Rs 28,000 crore

Finance Minister Sitharaman's Budget increases taxes on petrol and diesel
Updated On : 05 Jul 2019 | 8:04 PM IST

Govt to earn Rs 25,000 cr from hike in taxes, Rs 12,000 cr from super-rich

Excise duty has been hiked on various tobacco items including chewing tobacco, jarda scented tobacco, and tobacco extracts and essence

Govt to earn Rs 25,000 cr from hike in taxes, Rs 12,000 cr from super-rich
Updated On : 05 Jul 2019 | 7:52 PM IST

Budget: Odisha CM vexed at cut in outlay for MGNREGA, national highways

Says cutback in funds will adversely affect inter-state connectivity, hails enhanced allocation for rail projects

Budget: Odisha CM vexed at cut in outlay for MGNREGA, national highways
Updated On : 05 Jul 2019 | 7:50 PM IST

Winners and losers: Who received how much in Nirmala Sitharaman's Budget

In her maiden budget speech Finance Minister Nirmala Sitharaman announced plans to sell India's first global sovereign bonds and ease rules for overseas investors to help revive economic growth

Winners and losers: Who received how much in Nirmala Sitharaman's Budget
Updated On : 05 Jul 2019 | 7:44 PM IST

Budget 2019: Defence allocated Rs 3.18 trn, Rs 1 trn for new weapons

If allocation for pension is included, then the total outlay for defence stands at Rs 4.31 trillion which accounts for 15.47 per cent of the total central government expenditure for the year 2019-20

Budget 2019: Defence allocated Rs 3.18 trn, Rs 1 trn for new weapons
Updated On : 05 Jul 2019 | 7:43 PM IST

From Income Tax sop to GST cut: Budget 2019's push for electric vehicles

Sitharaman also said that Rs 10,000 crore has already been approved on April 1, 2019, to encourage faster adoption of EVs under the FAME II scheme

From Income Tax sop to GST cut: Budget 2019's push for electric vehicles
Updated On : 05 Jul 2019 | 7:38 PM IST

Budget 2019: Five key income-tax related announcements FM made today

Tax slabs left untouched; Aadhaar good enough for filing returns in case you don't have PAN

Budget 2019: Five key income-tax related announcements FM made today
Updated On : 05 Jul 2019 | 7:27 PM IST

Debt markets, FII & FPI norms: Key market-related proposals in Budget 2019

In Union Budget, the finance minister has asked SEBI to consider to reduce maximum promoter shareholding from the current level of 75% to 65%.

Debt markets, FII & FPI norms: Key market-related proposals in Budget 2019
Updated On : 05 Jul 2019 | 7:04 PM IST

Govt raises income tax on super-rich to support state lenders, small biz

The new rate will include 25% surcharge on income between Rs 2 crore and Rs 5 crore, and 37% on income exceeding Rs 5 crore in a year

Govt raises income tax on super-rich to support state lenders, small biz
Updated On : 05 Jul 2019 | 7:02 PM IST

Budget tax deduction on home loan interest to boost housing: Realtors

Real estate should have been 'industry' status in Budget, say industry representatives.

Budget tax deduction on home loan interest to boost housing: Realtors
Updated On : 05 Jul 2019 | 7:00 PM IST

Budget 2019: No major impact of excise levy on cigarettes, tobacco products

Cigarettes with tobacco substitutes will now attract an excise duty of Rs 5 per thousand from "nil" earlier

Budget 2019: No major impact of excise levy on cigarettes, tobacco products
Updated On : 05 Jul 2019 | 6:56 PM IST

Budget 2019: Many positives, but lower tax mop up could derail fiscal math

In broad terms, the market sees the hike in customs tariffs for a wide range of items as negative, since it all affect cost inputs across a swathe of industries

Budget 2019: Many positives, but lower tax mop up could derail fiscal math
Updated On : 05 Jul 2019 | 6:47 PM IST