New Delhi, July 5 (IBNS): A Credit Guarantee Enhancement Corporation is to be set up in 2019-20. This was announced by the Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman, while presenting the Union Budget 2019-20 in Parliament today.
FINER welcomes Union Budget 2019
Guwahati, July 5 (IBNS): The Federation of Industry & Commerce of North Eastern Region (FINER), the premier industry association of the North-east has welcomed the Union Budget- 2019, which was presented by the Union Finance minister Nirmala Sitharaman on Friday.
New Delhi, July 5 (IBNS): The effective tax rates for the higher income group individuals having taxable income from Rs. 2 crore to Rs. 5 crore and Rs. 5 crore and above is proposed to be increased by around 3 percent and 7 percent respectively. Presenting the General Budget 2019-20 in the Parliament today, Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman said, “In view of rising income levels, those in the highest income bracket need to contribute more to the Nation’s development”. Thanking the taxpayers, she said that they are playing a major role in Nation building.
Union Budget 2019 will fulfill dreams of New India: PM Modi
New Delhi, July 5 (IBNS): Praising the first budget of the second Bharatiya Janata Party (BJP) government, Prime Minister Narendra Modi on Friday said it will fulfill the dreams of "New India".
'Bahi Khata' instead of 'brief case', Nirmala Sitharaman upholds Indian tradition in budget
New Delhi, July 5 (IBNS): Upholding the Indian tradition in the budget, Union Finance Minister Nirmala Sitharaman on Friday used 'Bahi Khata' instead of brief case to carry the documents in the parliament.
Ahead of Finance Minister Nirmala Sitharaman's budget presentation, Sensex trades above 40,000
New Delhi, July 5 (IBNS): On a day when Finance Minister Nirmala Sitharaman is going to present her maiden Union Budget, the benchmark indices are trading higher on Friday.
Nirmala Sitharaman to present her maiden budget today
New Delhi, July 5 (IBNS): Finance Minister Nirmala Sitharaman is all set to present her first Union Budget on Friday.
New Delhi, July 4 (IBNS): A day ahead of the Union Budget, Finance Minister Nirmala Sitharaman on Thursday tabled the Economic Survey which has given a call for a sustained 8% growth rate for India to become a USD 5 Trillion Economy by 2024-25. The government forecast the real GDP growth for the year to 7% percent this year, while being wary of checking the fiscal deficit.
New Delhi, June 22 (IBNS): Halwa ceremony marking the commencement of Budget printing process for the General Budget 2019-20 was held in North Block here on Saturday in the presence of Union Minister of Finance & Corporate Affairs Nirmala Sitharaman.
Union Budget: Finance Minister Nirmala Sitharaman participates in Halwa Ceremony
New Delhi, June 22 (IBNS): Union Finance Minister Nirmala Sitharaman on Saturday participated in the Halwa Ceremony in North Block of New Delhi to mark the beginning of printing of Budget related documents.
New Delhi, Feb 1 (IBNS): An amount of Rs.1330 Crore has been provided in the Interim Budget for 2019-20 for the Mission for Protection and Empowerment for Women.
Union Budget: Indian government allocates Rs.64,587 Crore for Railways in 2019-20
New Delhi, Feb 1 (IBNS): In the Interim Budget 2019-20, the Railways has been allocated Rs.64,587 crore.
One Lakh villages to go digital over next five years: Govt
New Delhi, Feb 1 (IBNS): India having emerged as the world leader in the consumption of mobile data, the Government on Friday said it is now aiming to widen its impact by reaching out to the interior and rural areas.
New Delhi, Feb 1 (IBNS): The anti-black money measures taken by the Government during the last four and half years in the form of Black Money Law, the Fugitive Criminal Offenders Act, and Demonetisation, have brought undisclosed income of about Rs 1,30,000 crore to tax, said Finance Minister Piyush Goyal.
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.