Page 5 - Interim Budget 2019

Interim Budget: Govt's subsidy burden may rise by about 12% to Rs 3.34 trn

Petroleum subsidy may soar to 50%; shortfall likely to be Rs 17,000 crore this year

Tax benefits for above Rs 5 lakh income group may be considered next: Goyal

As the nation is moving towards formalisation, the tax base and revenues are also increasing, says Piyush Goyal

Interim Budget: Stamp duty on shares to be based on investor's home state

Collection process streamlined but brokers unhappy with revised norms

Budget leaves Rs 1 trn in consumers' hands but tax targets look ambitious

Major boost to consumption but scepticism around growth stays

Nitish says interim Budget 'positive', Lalu terms it 'basket of lies'

Kumar welcomed provisions like an annual assistance of Rs 6,000 to farmers and Rs 3,000 monthly pension to those employed in the unorganised sector

Budget from visitors' gallery: 'Modi' chant & the handshake that mattered

MPs chanted 'Modi-Modi' for nearly 90 seconds when Goyal announced a tax rebate for people earning less than Rs 5,00,000 annually

Delhi Metro given grant of over Rs 400 crore in interim Budget 2019

According to the Delhi Metro Rail Corporation sources, the grant has been given for work on Nodia and Ghaziabad sections of the network.

Tax rebate a logical extension of steps taken by govt since 2014: Jaitley

Jaitley said that for the past 5 years, the government has been giving relief in direct taxes and whatever has been done in Interim Budget 2019-20 is a continuation of what started in 2014

Budget allocates enough funds for Mumbai Urban Transport Project: Officials

For the Western Railway, the budget has proposed allocation of Rs 6,128 crore to execute various existing projects.

Budget 2019 a trailer, will guide India to prosperity, says PM Modi

This Budget will boost the efforts of 1.3 billion citizens in realising the goal of a "New India," Modi said

Interim Budget 2019: The formula for success of farm economy

The government must focus on four key areas in order to fulfill the initiatives announced

Interim Budget 2019: Economy caught in a 3.5%/7.5% trap?

The notion of the fiscal deficit falling steadily and making way for a rise in private investment and faster growth is beginning to look doubtful

Budget 2019: Rlys capex at all-time high; budgetary support cut for NHAI

NHAI must gear up for higher fundraising through borrowings and monetisation of road assets as the government has reduced its budgetary support by Rs 631.63 crore

Budget builds upon groundwork for strong, inclusive growth: Rajiv Memani

This year significant measures have been announced for the farm sector, unorganised sector and the middle class

Interim Budget will help the other India, say top corporate leaders

Prashant Ruia, director, Essar group, hoped the budget will have a positive impact on investors since growth in consumption will result in growth across various sectors

Interim Budget 2019: Tax rebate for affordable housing excites developers

In an effort to push the Prime Minister's 'Housing for All' initiative, the government has announced a set of tax reforms for the real estate sector in the interim Budget

Arun Jaitley cites past interim Budgets to defend tax incentives

Jaitley was also asked if the budgeted projections for 2019-20 were rather optimistic

Interim Budget 2019: Juggling populism with pragmatism

The Budget helps consumption over investment with a fiscal stimulus of around Rs 1 trillion to the section of population whose propensity to consume is very high

Moody's says Interim Budget credit negative on fiscal deficit, giveaways

However, Moody's welcomed policies aimed at promoting expenditure efficiency through rationalisation of government schemes and better-targeted delivery as 'credit positive'

Proper institutional apparatus can bring rationality in budgetary process

The budgetary process and fiscal policy in India now face two big problems