PM Modi termed the Budget pro-poor, farmers and middle class, Congress said it was a bribe for votes. Catch Budget 2019 LIVE updates
Single window clearance for ease of shooting films, available only to foreigners, is now going to be made available to Indian filmmakers as well
CEOs of FMCG, retail and auto companies say demand will improve as discretionary income will go up
For 2018-19, fiscal slippage was widely expected despite govt assurance to meet target without cutting on capex; Centre faced shortfall in GST mop up, higher burden from subsidy and flagship schemes
Although the expenditure on centrally sponsored schemes is marginally higher than last year by 7.5 per cent, the interim Budget introduced several new programmes and enhanced allocations for many
Finance Minister Piyush Goyal's interim budget speech largely ignored the elephant in the room: the government's poor record in creating jobs.
As part of its budget recommendations, Nasscom had urged the government to scrap the angel tax imposed on startups and instead focus on ways to incentivise them
Several industry leaders said that issues relating to farmers, unorganised sector workers and middle class were addressed without 'risking bankruptcy of the economy'
The benefits such as relieving second houses from income tax on notional rent and exempting second homes investment from capital gains would revive the sluggish demand for housing
Telecom or communication services contribute revenue to the government in the form of license fees and spectrum charges.
This is how the finance bill for the year 2019 was laid in the Parliament by the finance minister Piyush Goyal
This comes at a time the Human Resource Development Ministry has said it will implement 10% reservation for economically weaker sections of the general category from the 2019 academic session
The government decision to allocate Rs 75,000 crore to 12 crore farmers for a minimum assured income of Rs 6,000 per year in the interim budget will boost the rural consumption and positive for agriculture and allied sectors, according to industry experts. The measures initiated by the government to revive the agricultural economy such as income support scheme (Kisan Samman Nidhi), higher agricultural credit and interest subvention for a longer period in case of natural disasters, will help fertilisers companies in the medium-term through higher demand, Icra senior vice president K Ravichandran said. Payment for indigenous urea has been hiked, while for imports it has been maintained, which will be a positive for new urea projects, he said. However, phosphatic and potassic (P&K) fertiliser manufacturers will face pressure on margins, as the rise in raw material prices and rupee depreciation will necessitate higher pass through to the farmers, he added. Comprehensive .
Soon after Finance Minister Piyush Goyal's Interim Budget 2019 speech, political leaders from Opposition parties came down heavily with wide-ranging criticism. Here's a list of who said what
Modi has delivered a masterstroke - it would be almost impossible for the Opposition to question any of the measures that BJP dished out in interim Budget 2019
In an effort to push the PM's housing-for-all, govt announces a whole set of tax reforms for the sector
The textile and apparel industry is also set to gain from an overall farmer- and consumer-centric budget
She claimed that economic disparities had grown during the last five years with only a handful of capitalists benefiting, instead of farmers and the poor
Interim Budget 2019, Budget chat, A K Bhattacharya, T N Ninan, Budget provisions, Budget discussion, Piyush Goyal, Narendra Modi, election budget
Presenting the Interim Budget for 2019-20, Finance Minister Piyush Goyal said in spite of major rate reductions and relaxations, revenue trends are encouraging