Page 226 - Nirmala Sitharaman

FMCGs welcome Budget, says reduction in I-T slabs to drive consumption

Terming it as "incremental budget", Dabur India CEO Mohit Malhotra said the government continues to focus on farmers' income and is offering significant sops at the lower end of the spectrum

Budget 2020: Govt stance on wealth creators to lift confidence, says Mittal

He noted that digital technologies are set to become the primary platform for economic activity and growth

Budget 2020: Govt's subsidy bill pegged higher at Rs 2.27 trn for FY21

Of the total subsidy bill estimated for the next financial year, maximum fund allocation has been made for food, followed by fertiliser and fuel

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: BSNL, MTNL to get Rs 37,640 crore from govt in FY-21

The capital infusion for 4G spectrum will help the debt-ridden PSUs to compete with private sector players who have rolled out pan-India 4G services

FM for cutting withholding tax to boost listing of bonds at IFSC exchange

The move will attract more international investors at IFSC exchange

Budget 2020: NIRVIK to provide insurance cover for exporters, says FM

he development assumes significance as exporters have raised concerns over availability of credit

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.

Govt intends to remove all income tax exemptions in the long run: FM

Speaking at a press conference after presenting her second budget in the Lok Sabha, she said income tax cuts follow reduction in corporate tax rates in September last year

FM Nirmala Sitharamn allocates 100 cr for hosting G-20 Presidency in 2022

During this meeting, India would be able to drive the global economic and development agenda, the Finance Minister said while presenting the Budget for 2020-21 in Parliament

Budget 2020: Govt approves Rs 11,500 cr for Jal Jeevan Mission for FY21

"Our government has approved Rs 3.60 trillion for this mission. During the year 2020-21, the scheme would be provided budget of Rs 11,500 crore," Sitharaman said.

FM unveils Budget 2020 aimed at boosting incomes, spurring economic growth

Govt estimates economic growth this fiscal year, which ends on March 31, will slip to 5% - its weakest pace since the global financial crisis of 2008-09

Budget 2020: Rs 103 trillion infrastructure projects launched under NIP

Presenting the Union Budget in Parliament, Sitharaman said Rs 1.7 trillion has been provided for transport infrastructure in 2020-21

Budget 2020: For every rupee in govt coffers, 64 paise will come from taxes

The collection from borrowings and other liabilities will be 20 paise, while income tax will yield 17 paise to every rupee collection.

Budget 2020: Govt to set up Indian Institute of Heritage and Conservation

Presenting the Budget for 2020-21, Sitharaman said Rs 3,150 crore has been allocated for the Ministry of Culture and Rs 2,500 crore for the Ministry of Tourism

Budget 2020: Sitharaman proposes health cess on import of medical equipment

Stating that this sector deserves further fillip, she said the government is committed to provide health services to all and Ayushman Bharat has made it possible

India's growth, fiscal deficit projections challenging to meet: Moody's

Nirmala Sitharaman, set a fiscal deficit target of 3.5% of GDP for the year ending March 2021 and said it expected nominal GDP of 10%

Budget 2020: Govt proposes to cut import duty on newsprint to 5% from 10%

The total consumption of standard newsprint in India is 2.5 million tonnes and the indigenous mills have a capacity of 1 million tonnes only, the INS had said

Income Tax slabs to fiscal deficit, all the key points from Budget 2020

Govt estimates economic growth this fiscal year, which ends on March 31, will slip to 5% - its weakest pace since the global financial crisis of 2008-09

Budget 2020: FM Sitharaman's sops to boost affordable housing projects

Rs 1.5 lakh benefit on interest paid on affordable housing loans extended by a year; Tax holiday for developers; industry hails initiatives