Page 55 - Finance Minister

Top 10 biz headlines: SoftBank for stake in Mahindra EM, RBI on telco loans

From SoftBank eyeing minority stake in Mahindra Electric Mobility to DRDO chief calling for developing future tech, here are top 10 business headlines of the day

12% tax revenue growth achievable in 2020-21 fiscal, says Revenue Secy

The 2020-21 Budget has pegged gross tax revenues for 2020-21 at Rs 24.23 trillion, up 12 per cent from Rs 21.63 trillion in the current fiscal

City industrialists air concerns to FM Sitharaman over Budget 2020

The finance minister is in city to discuss the government's vision on the budget with the stakeholders of various sectors

Govt wants continuous engagement with businesses, industries: FM Sitharaman

She said the Centre has introduced some features in the budget like "faceless appeals and sorting out of problems while imparting tax administration"

Will involve retail investors in LIC IPO, says FM Nirmala Sitharaman

Move will benefit employees, policy holders and agents, says LIC chairman

Dairy sector hopes to attract Rs 60,000 cr, create 10 mn jobs over 5 years

FM had announced a target of doubling the annual milk processing capacity to 106 MT, from the existing 53 MT in five years

The great expectations challenge

Instead of grand visions and big announcements, the Budget should have focused on managing expectations around the current economic cycle

Top-down Budget

A whole host of Budget announcements has a distinct imprint of the Prime Minister

Call disinvestment 'recycling' for better optics: Industry executive to FM

"Even my father keeps asking me why government companies are being sold," the executive quipped

Nirmala Sitharaman's Budget 2020 is a disappointment at many levels

We may well end up with the same budgetary mess that we have experienced this year

Budget has many measures, but growth revival needs more strategic thinking

Budget has a large number of measures, but they are useful in the small

FM Sitharaman's Budget speech: A perfect start to an imperfect end

It was mostly well-wishers from the Opposition and the NDA that kept the finance minister cocooned with good wishes until it was time to leave

Budgeting for polls: With one eye on Delhi, claims and promises galore

Not only Opposition, RSS wing too protests PSU divestment plans

Budget 2020: Non-taxpaying NRIs to be taxed in India, says FM

At present, if an Indian or a person of Indian origin managed his stay in India such that he remained a non-resident in perpetuity, he was not liable to pay tax on his global income in India.

Budget 2020: Allocation for Environment Ministry up 5% to Rs 3,100 crore

Budget for pollution abatement, which was cut by 50 per cent last year from 2018-19, remained unchanged at Rs 10 crore.

Budget 2020: 'Vivad se Vishwas' scheme to cut down direct tax litigation

Under the proposed scheme, a taxpayer would be required to pay only the amount of the disputed taxes and will get complete waiver of interest and penalty provided he pays by March 31, 2020.

Budget 2020: Govt to set up price stabilization fund to rein in inflation

The consumer price index-based retail inflation spiked to over five-year high of 7.35 per cent in December 2019.

Market Wrap, Feb 1: Sensex tumbles nearly 1,000 pts as Budget disappoints

The government proposes to sell a part of its holding in LIC through initial public offer, Finance Minister Nirmala Sitharaman said while unveiling Budget 2020-21

Budget 2020: Govt may increase spending on infra, offer tax incentives

In annual economic report, the government predicted that economic growth would pick up to 6.0% to 6.5% in the fiscal year beginning April 1

Briefcase or bahi-khata: What will FM carry for Budget 2020 presentation?

On the day of 2019 Union Budget presentation, Sitharaman broke away from long-standing traditions of colonial-era when she ditched the briefcase and opted for traditional bahi khata