Page 24 - Budget 2019

Want to invest in stocks? Here's how to play the market ahead of Budget

Till the Nifty is trading above 10,600 levels, one should not be negative on the overall trend. Every dip should be seen as a buying opportunity with an intention to stay in trade

Know the Union Budget: What is a Finance Bill and why is it important?

Finance Bill, introduced each year to give effect to the financial proposals of the central government for the next financial year, includes a Bill for supplementary financial proposals for any period

Halwa ceremony kickstarts the process of printing Budget 2019 documents

Finance Minister Nirmala Sitharaman, Minister of State for Finance Anurag Thakur and senior officials of the ministry Saturday observed the symbolic 'Halwa' ceremony to mark the launch of formal printing of documents relating to the Union Budget 2019-20. The NDA government would on July 5 unveil the full Budget for 2019-20. On February 1, the government had presented an Interim Budget to take Parliament nod for spending till the new government takes charge after the general elections. Finance Secretary Subhash Chandra Garg, Revenue Secretary Ajay Bhushan Pandey, DIPAM Secretary Atanu Chakraborty and Financial Services Secretary Rajiv Kumar too attended the customary pre-Budget event. "Halwa ceremony marking the commencement of Budget printing process for the General Budget 2019-20 was held in North Block here today afternoon in the august presence of the Union Minister of Finance & Corporate Affairs, Nirmala Sitharaman," a Finance Ministry statement said. As part of the ritual, ...

Budget 2019: 7 ministries, depts yet to earmark funds for tribal schemes

The guidelines state that the 41 identified ministries and departments have to earmark at least 4.3% funds for DAPST

Have received representations for cut in customs duty on gold: Sitharaman

The country's gold imports dipped about 3 per cent in value terms to $32.8 billion during 2018-19, which is expected to keep a lid on the current account deficit

Budget 2019 likely to retain divestment target at Rs 90,000 crore

The fiscal deficit target of 3.4 per cent of gross domestic product (GDP) for 2019-20 is likely to be retained as well

Assocham roots for raising tax exemption limit to Rs 5 lakh in Budget 2019

The government is scheduled to present its first full Budget on July 5, for the current financial year

Govt may raise income-tax threshold in Budget to revive economy

Any tax exemptions will add stimulus to an economy that's slowed sharply this year, with growth reaching a five-year low of 5.8 per cent in the first three months of the year

Hike in I-T exemption level, tax on income over Rs 10 cr in Budget: Survey

The pre-Budget survey 2019-20 conducted by KPMG (India) included responses from 226 respondents spanning across industries

Govt should give only revenue-neutral stimulus, says CII president

The corporation tax rate could be reduced to 18 per cent if exemptions are removed, he said

Market valuation, hike in LTCG: Analysts rule out runaway pre-budget rally

Liquidity issues post the crisis at DHFL, progress of monsoon, rupee trajectory at the domestic level and oil prices are some factors that will keep markets choppy, analysts say

Taxpayers may see an increase in exemption limit if not I-T reduction

Now is the time for her to accelerate the run rate and aim for a match-winning score.

PSU bank recap, growth revival, fiscal prudence: Expectations from Budget

The government, experts say, is likely to continue with the off-budget route for carrying out infra-related spending

Pre-Budget meet: Sitharaman seeks cooperation from states to spur economy

If the deficit targets are to be achieved it should be achieved from the revenue side and not the expenditure side, Kerala FM Thomas Isaac said

Budget 2019: Sitharaman urged to bring cigarette taxation to pre-GST level

There has been a 32% increase in illegal cigarette trade, increasing from 19.5 billion sticks in 2011 to 25.7 billion sticks in 2017

Street signs: Brokers up margin, KPR Agro IPO pull-out dulls mood, and more

The margin funding scene has been tough for the last few months due to corporate defaults and the liquidity crunch as a result of the crisis in the NBFC sector

Need to reduce centrally sponsored schemes to improve spending: N K Singh

Revenue buoyancy continues to be weak in the area of indirect tax, said Singh

Govt working on tax sops for retail investors in CPSE, Bharat-22 ETF

These investors can also choose to not opt for ELSS category and can continue to trade in their units freely

Budget 2019: Steps needed to bolster transport infra, boost India's growth

The infrastructure sector was one of the major focus areas in the FY19 budget and saw massive spending on roads, railways, water, irrigation, and urban infrastructure

India has scope to boost Budget without stoking inflation, says economist

Gupta's view runs counter to the argument of RBI's outgoing Deputy Governor Viral Acharya, who recently warned of inflation risks coming from rising government and public sector borrowings