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Union Budget

Budget 2024: Briefcase to Bahi Khata – A Modern Evolution of India's Budget Tradition

Budget 2024: Briefcase to Bahi Khata – A Modern Evolution of India's Budget Tradition

Thu, Jan 25, 2024

Budget 2024: The grand tradition of carrying a red briefcase to every Union Budget presentation underwent a modern yet Indian transformation under Narendra Modi government. For years, finance ministers in India walked into the parliament with a briefcase before the annual Budget presentation. All that changed in 2019, when Finance Minister Nirmala Sitharaman replaced the Budget briefcase for a digital bahi khata.

Budget 2024: Market Valuations Are Full; It Would Be Volatile Journey Ahead

Budget 2024: Market Valuations Are Full; It Would Be Volatile Journey Ahead

Fri, Jan 19, 2024

Budget 2024: In an exclusive interview with Zee Business, Sneha Poddar, AVP, Retail Research, Broking, and Distribution at Motilal Oswal Financial Services (MOFSL) shares her expectations from the Union Budget, the market outlook for 2024, and how one should navigate the market in the election year.

Budget Aur Bazaar: Investing Wisely in 2024 - Tips from Market Expert Mehraboon Irani

Budget Aur Bazaar: Investing Wisely in 2024 - Tips from Market Expert Mehraboon Irani

Tue, Jan 16, 2024

Budget and Market During this year, 'wild' rise in budget 2024 is possible... Investors need to be cautious at the upper level: Mehboon Irani, Market Expert

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FM asked to raise old age pension, give more thrust on disinvestment of PSUs

FM asked to raise old age pension, give more thrust on disinvestment of PSUs

Mon, Dec 11, 2017

As part of pre-budget consultation meeting with leading economists, it was suggested that farmers should be given more remunerative prices for their produce keeping in view the target of maintain inflation between 4-6 per cent.

FY19 Union Budget not likely to be populist, says PMEAC member

FY19 Union Budget not likely to be populist, says PMEAC member

Sun, Dec 10, 2017

The prime minister's economic advisory panel member Rathin Roy has expressed hope that the forthcoming budget will not be a 'populist' and will reflect the commitment of the government to improve quality of expenditure.

Industry pushes lower corporate tax in pre-Budget meet with FM Jaitley

Industry pushes lower corporate tax in pre-Budget meet with FM Jaitley

Wed, Dec 06, 2017

Corporate India today sought lower tax and more incentives for investments while exporters called for quicker GST refunds at a meeting with Finance Minister Arun Jaitley in the run-up to the last full-year Budget of the NDA government before 2019 general elections.

Union Budget: Trade unions for Rs 5 lakh tax-free income, Rs 3,000 pension

Union Budget: Trade unions for Rs 5 lakh tax-free income, Rs 3,000 pension

Wed, Dec 06, 2017

Central trade unions today pitched for tax exemption on income of up to Rs 5 lakh, minimum monthly wage of Rs 18,000 and Rs 3,000 minimum pension for workers in a pre-budget consultation with Finance Minister Arun Jaitley.

Agri experts ask FM Jaitley for farmers' income security in pre-budget meeting

Agri experts ask FM Jaitley for farmers' income security in pre-budget meeting

Tue, Dec 05, 2017

It was suggested that there is need to start ‘Operation Veggies’ and focus should be given to TOP – Tomato, Onion and Potato as there is maximum volatility in their prices.

IRDAI spent only 40% of advertisement budget in 2016-17

IRDAI spent only 40% of advertisement budget in 2016-17

Sun, Jun 25, 2017

Unable to spend even 50 per cent of earmarked funds for insurance awareness last fiscal, Irdai is looking for innovative methods to utilise this year's advertisement budget that has been raised to Rs 66.5 crore.

States' fiscal deficit soars to Rs 4.93 lakh crore in FY16

States' fiscal deficit soars to Rs 4.93 lakh crore in FY16

Sat, Jun 24, 2017

Led by the most populous Uttar Pradesh and the largest Rajasthan, the gross fiscal deficits of all the states skyrocketed to Rs 4,93,360 crore in fiscal 2016 from Rs 18,790 crore in FY1991, according to the latest RBI data.

M&A deals fall 26% to $1.3 billion in Feb, outlook strong: Thornton

M&A deals fall 26% to $1.3 billion in Feb, outlook strong: Thornton

Tue, Mar 14, 2017

According to assurance, tax and advisory firm Grant Thornton, there were 32 merger and acquisition (M&A) deals in February worth USD 1,354 million, a 26 per cent fall in deal value and 11 per cent decline in the transaction volume over February 2016.

Chidambaram asks FM Jaitley to cut indirect taxes immediately

Chidambaram asks FM Jaitley to cut indirect taxes immediately

Mon, Feb 13, 2017

Chidambaram said Finance Minister Arun Jaitley missed an opportunity at reviving the economy hit by demonetisation.

India finally asks UK to extradite Vijay Mallya; here's what will happen now

India finally asks UK to extradite Vijay Mallya; here's what will happen now

Fri, Feb 10, 2017

Failing CBI’s request to extradite Mallya the request has now been sent through the Ministry of External Affairs. Third attempt to bring Vijay Mallya to justice in 11 months.

India India Inc says monetary policy disappoints with no rate cut

India India Inc says monetary policy disappoints with no rate cut

Wed, Feb 08, 2017

The Monetary Policy Committee ‘surprised the markets with a pause,’ was one way India Inc described the Reserve Bank of India’s decision to maintain status quo on interest rates on Wednesday at 6.25%.

Monetary Policy: Five reasons why RBI did not cut interest rates

Monetary Policy: Five reasons why RBI did not cut interest rates

Wed, Feb 08, 2017

In its sixth bi-monthly monetary policy the Reserve Bank of India (RBI) did not cut interest rates for the fifth month in a row on Wednesday. Here are a few reasons why RBI maintained status quo: 1. RBI expects inflation stickiness as broadly ‘discernible’

Listing of IRCTC will be a big-ticket item: FM Jaitley

Listing of IRCTC will be a big-ticket item: FM Jaitley

Fri, Feb 03, 2017

Disinvestment proceeds are pegged at Rs 72,000 crore for FY2017-18 in the budget presented on Wednesday.

Twitter records 7.2 lakh tweets on Budget between January30 to February 2

Twitter records 7.2 lakh tweets on Budget between January30 to February 2

Thu, Feb 02, 2017

Social media platform Twitter today said it had recorded 7.2 lakh tweets with the hashtag #Budget2017 between January 30 and February 2.

Budget 2017: FinMin announces new benefits for NPS subscribers

Budget 2017: FinMin announces new benefits for NPS subscribers

Thu, Feb 02, 2017

Ministry of Finance said that in a bid to provide further impetus to the National Pension System (NPS), the government has introduced provisions in the Finance Bill 2017 in the Parliament today.

Space dept gets additional Rs 1,048 crore, atomic power Rs 498 crore more in Budget 2017

Space dept gets additional Rs 1,048 crore, atomic power Rs 498 crore more in Budget 2017

Thu, Feb 02, 2017

The Department of Space (DOS) got a net allocation of Rs 9,093.71 crore for the next fiscal, up from Rs 8,045.28 crore as per the revised budget estimate for 2016-17.

Will shut down FIPB through Executive order, Finance Ministry Sources say

Will shut down FIPB through Executive order, Finance Ministry Sources say

Thu, Feb 02, 2017

A day after the Union Budget declared that the Foreign Investment Promotion Board (FIPB) will be phased-out in the next fiscal, sources from the Ministry of Finance said that the FIPB will be shut down through the passage of an Executive order.

25bps repo rate cut more likely in Apr than Feb: Citigroup

25bps repo rate cut more likely in Apr than Feb: Citigroup

Thu, Feb 02, 2017

The Budget pegged the fiscal deficit at 3.2% of GDP in 2017-18.

ITC shares touch 26-year high on less hike in excise duty on cigarettes

ITC shares touch 26-year high on less hike in excise duty on cigarettes

Thu, Feb 02, 2017

On January 27, the company had beaten estimates by reporting 5.7% rise in net profit during the quarter ended on December 31.

Govt asks you to tweet budget queries to #AskYourFM

Govt asks you to tweet budget queries to #AskYourFM

Thu, Feb 02, 2017

A lot of questions behind the Union Budget presented by Finance Minister Arun Jaitley on February 1 were raised yesterday on Twitter with the hashtag #AskYourFM.

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