Feb 01, 2019, at 04:52 pm
New Delhi, Feb 1 (IBNS): The Indian government on Friday said it has undertaken rationalization of customs duties and procedures to promote the “Make in India” initiative.
Feb 01, 2019, at 04:46 pm
New Delhi, Feb 1 (IBNS): The Goods and Services Tax (GST) reforms has resulted in increased tax base, higher collections and ease of trade, Union Finance Minister Piyush Goyal said on Friday.
India now 6th largest economy in the world with high growth: FM Piyush Goyal
Feb 01, 2019, at 04:38 pm
New Delhi, Feb 1 (IBNS): Under the leadership of the Prime Minister Narendra Modi, the country has witnessed its best phase of macro-economic stability, becoming the sixth largest economy in the world from being the 11th in the World in 2013-14, said Union Finance Minister Piyush Goyal on Friday.
Union Budget: Highest ever growth of 42% recorded in minimum wages of labours during last 5 years
Feb 01, 2019, at 04:32 pm
New Delhi, Feb 1 (IBNS): During the last 5 years, the minimum wages of labours of all classes have been increased by 42% which is the highest increase so far, revealed Union Finance Minister Piyush Goyal while presenting the budget on Friday.
Union Budget: Government proposes to launch pension scheme for unorganised sector workers
Feb 01, 2019, at 04:18 pm
New Delhi, Feb 1 (IBNS): The Government on Friday proposed to launch a mega pension yojana namely 'Pradhan Mantri Shram-Yogi Maandhan'for the unorganised sector workers with monthly income upto Rs. 15,000.
Union Budget: Fiscal deficit pegged at 3.4% of GDP for 2019-20
Feb 01, 2019, at 04:13 pm
New Delhi, Feb 1 (IBNS): The Interim Budget 2019-20 has pegged the fiscal deficit for the year 2019-20 at 3.4% of GDP.
Income upto Rs 5 lakh to get full tax rebate: FM Goyal announces in Budget
Feb 01, 2019, at 04:11 pm
New Delhi, Feb 1 (IBNS): Individual taxpayers having taxable annual income up to Rs.5 lakhs will get full tax rebate and therefore will not be required to pay any income tax, Union Finance Minister Piyush Goyal announced while presenting the budget on Friday.
Feb 01, 2019, at 04:05 pm
New Delhi, Feb 1 (IBNS): To provide assured income support to the small and marginal farmers, the Government said it is launching the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN).
Budget 2019: Income tax exemption limit raised to Rs. 5 lakh
Feb 01, 2019, at 12:59 pm
New Delhi, Feb 1 (IBNS) : Union Finance Minister Piyush Goyal proposed rise in the income tax exemption limit to Rs. 5 lakh as he presented the National Democratic Alliance Government's sixth and final budget on Friday.
Budget farmer-friendly, development-friencly : Narendra Modi
Feb 01, 2018, at 08:47 pm
New Delhi, Feb 1 (IBNS) : Lauding the Union budget, 2017-18, presented a year ahead of the Lok Sabha polls, Prime Minister Narendra Modi described it as "farmer friendly, common man-friendly, business environment-friendly and development-friendly”.
Union budget : MSMEs provided Rs. 3794 Crore for Credit Support and Innovation
Feb 01, 2018, at 07:53 pm
New Delhi, Feb 1 (IBNS) : Announcing that a provision of Rs. 3794 crore has been provided in the General Budget 2018-19 for the Medium, Small and Micro Enterprises (MSMEs), Union Minister for Finance and Corporate Affairs Arun Jaitley said on Thursday that this has been done to provide credit support, capital and interest subsidy and innovations to this Sector.
Feb 01, 2018, at 05:33 pm
Kolkata, Feb 1 (IBNS): West Bengal State Budget 2018 was an exercise in welfare economics with stress on empowering rural Bengal was the opinion shared by the key members of Kolkata-based The Bengal Chamber of Commerce and Industries.
Finance Minister Arun Jaitley to present Union Budget today
Feb 01, 2018, at 03:28 pm
New Delhi, Feb 1 (IBNS): Union Finance Minister Arun Jaitley will present the Union Budget at 11 am on Thursday.
Arun Jaitley to present Union Budget tomorrow, Indian companies hopeful
Feb 01, 2018, at 01:10 am
New Delhi, Jan 31 (IBNS): Union Finance Minister Arun Jaitley will present the Union Budget on Thursday even as many Indian companies are hopeful of measures by the finance minister that would boost industry.
Jan 30, 2018, at 01:09 am
New Delhi, Jan 29 (IBNS): The Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), Dr. Bibek Debroy has said that the Economic Survey is a reflection of Government’s commitment to growth and development. Highlighting the optimistic outlook of the economy reflected by the Economic Survey, he said the emphasis on women’s empowerment is a welcome step.
Demonitisation has helped share of financial saving rise, says Economic Survey
Jan 30, 2018, at 12:54 am
New Delhi, Jan 29 (IBNS): The highlights of the Investment and Savings situation as brought out by Economic Survey 2017-18 tabled in Parliament today are as follows:
India loses 4% of GDP to mal-nutrition; ASSOCHAM-EY Paper to FM Jaitley in run up to Budget
Jan 22, 2018, at 12:23 am
New Delhi, Jan 21 (IBNS): As Finance Minister Mr Arun Jaitley is busy giving final touches to the Union Budget for 2018-19, an ASSOCHAM-EY joint paper has said that nearly 4 per cent of India’s GDP is estimated to have been lost due to mal-nutrition and certainly women and children deserve a better deal in expenditure outlay, since the country hosts 50 per cent of under-nourished children of the world and women and girl children fall last in the household food serving.
ASSOCHAM seeks higher outlay for education in Budget
Jan 17, 2018, at 10:16 pm
New Delhi, Jan 17 (IBNS): Seeking enhanced outlay for education in the coming Budget, the ASSOCHAM has sent a communication to the Finance Minister Arun Jaitley, also making out a case for relief to higher education under Goods and Services Tax (GST).
Let Budget be presented on Feb 1, ASSOCHAM to opp parties
Jan 15, 2017, at 09:17 pm
New Delhi, Jan 15 (IBNS): Making a strong appeal to different political parties to let the Union Budget for 2017-18 be presented to Parliament on Feb 1, the apex industry chamber ASSOCHAM on Sunday said the advancement to this effect would help the government to begin its capital and other expenditure right from April and revive the much needed economic growth.
Nominal and easily compliable excise duty for the jewellery sector declared in Budget
Mar 19, 2016, at 12:20 am
Kolkata, Mar 18 (IBNS) A nominal 1 percent (without input tax credit) and 12.5 percent (with input tax credit) excise duty has been imposed on articles of jewellery in this year’s budget.