Page 27 - Budget 2019

Economists meet FM Nirmala Sitharaman, seek tax reforms in Budget 2019

The participating economists also underlined the need for bringing Insolvency and Bankruptcy Code type framework for NBFC

Economists urge FM Sitharaman to set realistic fiscal deficit target

The economists also said the tax revenue targets for 2019-20 were unrealistic and should be revised to more achievable levels

Budget 2019: PM to meet officials of all five FinMin departments on June 20

The Council is likely to take up a slew of issues, including the introduction of the electronic invoice facility for large firms

Budget 2019: Trade unions demand minimum monthly pension of Rs 6,000

Representatives of trade unions Saturday pressed the government to raise the minimum wage to Rs 20,000, provide 200 days of assured work under the rural employment guarantee scheme and ensure minimum monthly pension of Rs 6,000. The unions during a pre-budget meeting also demanded hiking slabs for exemption of income tax for salaried persons and pensioners to Rs 10 lakh per year. They asked for Rs 8 lakh income tax slab for senior citizens and exemption of all perks and fringe benefits like housing, medical and education facilities and running allowances from income tax. Besides, the representatives of around a dozen central trade unions expressed their reservation against the privatisation and divestment in profit-making public sector undertakings and stressed on increasing investment for job creation in the pre-budget meeting with Minister of State for Finance & Corporate Affairs Anurag Thakur. After the meeting, some of trade union leaders also expressed their unhappiness over .

IT industry meets Anurag Thakur on tax woes ahead of Union Budget

Officials have requested ministry to retain tax-friendly SEZ policy

Budget 2019 may consider re-introduction of tax-free bonds for infra PSUs

Tax-free bonds which the government enterprises issue are attractive to investors as they offer a fixed interest rate and hence is a low-risk investment avenue

Govt likely to provide Rs 30,000 crore to PSU banks in Budget 2019

The first budget of Modi 2.0 government is scheduled to be presented on July 5 by Finance Minister Nirmala Sitharaman on the backdrop of India's economy hitting 5-year low growth of 6.8% in 2018-19

17th Lok Sabha's first session on Monday; budget and triple talaq in focus

Prime Minister Narendra Modi has invited heads of all parties to a meeting on June 19.

Ahead of Budget, PM discusses jobs, sluggish economy with top bureaucrats

Modi is likely to have discussed the reforms road map for every department with a view to making it easier to do business in the country and boost economy

Budget will take Maharashtra forward in difficult times: Devendra Fadnavis

The BJP-led government has been able to retain the growth rate to a great extent despite a drought this year, he said

Budget 2019: Plastics industry recommends anti-dumping duty to cut imports

Under free trade agreements, the government has allowed import of finished products at 'nil' import duty from a number of Asian countries

Brokers demand cut in dividend distribution tax in upcoming Budget

The submission said the tax on the dividend should be in the form of equalisation of balance difference between corporate and personal tax

PM Narendra Modi starts pre-Budget meets to brainstorm on economy

The focal point of the interaction was drawing a road map for reforms across departments leading up to the ease of doing business and economic growth

Budget 2019 agriculture wishlist: Increase farmer income, investment in R&D

Irrigation, doubling farmers' income, agricultural finance, R&D are some of the key points the government needs to focus on

Budget 2019 wishlist: Here are the key challenges for oil and gas sector

India continues to rely heavily on coal and petroleum products to meet its energy needs.

Redefine fiscal responsibility

It is an opportunity for a new finance minister to recalibrate the orthodoxy around fiscal rectitude.

How different will Nirmala Sitharaman's Budget be from Indira Gandhi's?

The concerns that Ms Sitharaman will have to address in her first Budget are not very different from what Ms Gandhi had faced while finalising her Budget in 1970

The Budget is a five-year Test match, not a one-day event

Finance Minister Nirmala Sitharaman's focus should be on restoring fiscal sanctity and control, while energising her audience with reform policy initiatives for the long-term, writes T N Ninan

Interim Budget 2019 to be decided by economic realities, says Jaitley

Finance minister slams Opposition parties, calls them 'Nawabs of Negativity' and 'Compulsive Contrarians'