Page 9 - Budget 2019

Budget 2019 in charts: Social sector spending rises, except on education

Education now occupies a smaller share in the overall social sector expenditure

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

Digital transactions to grow as cash usage attracts more compliance

Digital transactions to become cheaper and more merchants to accept electronic payments

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

Budget 2019 impact: Bearish trend likely to continue in stock market

In terms of major sectors, banking, financial services and FMCG were marginally positive after the Budget announcement, while the other major sectors saw losses

Railway union says will launch protest after Budget proposes privatisation

FM Sitharaman in her Budget speech on Friday proposed that railways should use Public Private Partnership (PPP) model for faster development

Tax proposals to yield additional Rs 30,000 cr in FY20: Revenue Secretary

He said the exchequer will mobilise the additional resources by way of increase in duty and cess on petrol and diesel, customs duty on gold and precious metals, besides higher surcharge on super-rich

File ITR if you have high-budget foreign trips, steep electricity bills

Also, any person claiming the benefits of tax exemption from long term capital gains under various provisions under section 54 of the Income Tax Act will have to file a tax return

Union Budget 2019: Inclusivity in development, says Keshav Murugesh

Job creation and re-skilling created a lot of stir last year

Budget to ease compliance burden on startups, help attract funding: Nasscom

In her Budget speech, Sitharaman had stated that startups and their investors who file requisite declarations and provide information in their returns will not be subjected to any kind of scrutiny

Budget 2019: India plans to raise $10 bn from first overseas sovereign bond

Sovereign bonds in India rallied on Friday after Finance Minister Nirmala Sitharaman said during her budget speech that the government would borrow in foreign currency to finance the budget deficit