FM holds interactive session on 'Budget and Beyond' with professionals
New Delhi/UNI: Finance Minister Nirmala Sitharaman on Friday held an interactive session on 'Budget and Beyond' with professionals from asset management, wealth advisory, tax consultancy and other related fields.
Budget 2020 laid foundation for increasing consumption, infrastructure development: Sitharaman in Kolkata
Kolkata/IBNS: Finance Minister Nirmala Sitharaman on Sunday said the Budget 2020 has laid the foundation for increasing consumption while creating a roadmap for infrastructure development leading to a 5 trillion economy by 2024-25.
LIC's partial disinvestment will not lead to its privatisation: LIC Chairman
Mumbai/IBNS: Disinvestment of a part of the government's share in Life Insurance Corporation(LIC) will not pose difficulties for the employees, according to Chairman of LIC MR Kumar, reported NDTV.
With allocations to UTs, Budget 2020 provides Rs 1,67,250 Cr to Home Ministry for next fiscal
New Delhi/UNI: With an allocation of Rs 52,863.61 crore for eight Union Territories (UTs), the Union Home Ministry has been allocated with Rs 1,67,250 crore in Union Budget 2020-21, presented by the Finance Minister Nirmala Sitharaman on Saturday.
SAIL Chairman appreciates Union Budget
New Delhi/IBNS: SAIL Chairman Anil Kumar Chaudhary appreciated the Union Budget and said it is promising and full of oppurtunities.
Union Budget: Rs 69,000 crore provided for health care in Union Budget 2020-21
New Delhi/IBNS: In order to achieve the holistic vision of health care that translate wellness of the citizen, about Rs. 69,000 crore have been provided for health care in Union Budget 2020-21. It includes Rs. 6400 crores for Prime Minister Jan Arogya Yojana (PMJAY).
Union Budget: Tourism sector proposed to get Rs 2,500 Crore in union budget 2020-21
New Delhi/IBNS: To make India an attractive destination for both international and domestic tourists, Union Finance Minister Nirmala Sitharaman proposed to allocate Rs 2,500 crores in 2020-21 for the tourism sector.
Wanted to simplify income tax process: Nirmala Sitharaman
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman on Saturday said her government proposed to provide the middle-class taxpayers an optional regime in order to ensure that the money is placed in the hands of people and simplify the income tax process.
Nirmala Sitharaman presents budget with big income tax cuts for middle class
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman on Saturday presented a budget to boost the sagging economy offering middle class tax payers an optional regime that vastly reduces the rates while promising to infuse big money in the farm sector and infrastructure that included building of 100 new airports in the next few years. However, the stock market tanked as the FM continued her budget speech.
FM Nirmala Sitharaman assures depositors money is safe in banks
New Delhi/UNI: Union Finance Minister Nirmala Sitharaman on Saturday sought to assure the people that schedule commercial banks and depositors money is absolutely safe and that a robust mechanism is in place to monitor them.
Nirmala Sitharaman fails to deliver complete budget address, quits midway
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman on Saturday quit her budget address midway after getting chocked in Lok Sabha on Saturday.
Sensex slides as FM Nirmala Sitharaman spells out Union Budget 2020
Mumbai/IBNS: The Bombay Stock Exchange (BSE) Sensex is witnessing a steep fall as Union Finance Minister Nirmala Sitharaman is reading out the annual budget for 2020 in Parliament on Saturday.
New optional tax regime of India reduces income tax rates: Nirmala Sitharaman
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman announced a new tax regime for Indians where a person earning upto Rs 5 lakh will not pay any tax while the rates were slashed between five to ten percent for other income categories from above INR 5 lakh to INR 15 lakh. Those opting for this scheme will however, not enjoy the previous exemptions.
India to build 100 new airports by 2024: Finance Minister
New Delhi/IBNS: India will set up 100 more airports to be developed by 2024, Union Finance Minister Nirmala Sitharaman announced in her budget speech on Saturday.