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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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Budget to be presented on February 1: Govt official

Budget to be presented on February 1: Govt official

Tue, Jan 03, 2017

Union Budget 2017 will be presented on February 1, 2017, a government official confirmed on Tuesday.

India to be able to present Union Budget around February 1: Shaktikanta Das

India to be able to present Union Budget around February 1: Shaktikanta Das

Fri, Nov 04, 2016

The Government of India is likely to present the Union Budget 2017-18 by around February 1 next year, said economic affairs secretary Shaktikanta Das in an interview to a television channel on Thursday.

Union Budget: Govt wants no clash with polls, says FM Jaitley

Union Budget: Govt wants no clash with polls, says FM Jaitley

Tue, Oct 11, 2016

Having decided to advance the budget presentation, the government is keen that it is not presented in the middle of Assembly elections in five states, said Finance Minister Arun Jaitley.

India's fiscal deficit reaches 76.4% in August

India's fiscal deficit reaches 76.4% in August

Fri, Sep 30, 2016

India's fiscal deficit for April to August 2016 period reached Rs 4,07,820 crore as against budgeted target of Rs 5,33,904 crore. Fiscal deficit in April-July period stood at Rs 3,93,487 crore.

FinMin to consult Election Commission before finalising Budget date

FinMin to consult Election Commission before finalising Budget date

Sun, Sep 25, 2016

The Finance Ministry has proposed that the Budget presentation be fixed for February 1.

No separate Railway budget from next year, FM Jaitley says

No separate Railway budget from next year, FM Jaitley says

Wed, Sep 21, 2016

Reforms also include merger of the Plan and the Non-Plan classification in the Budget and Accounts in Budget2017.

Union Cabinet to consider presenting Budget for 2017-18 on February 1

Union Cabinet to consider presenting Budget for 2017-18 on February 1

Tue, Sep 20, 2016

Breaking from tradition, the general budget of the union government is likely to be presented on February 1 instead of the last day of the month, as part of an overhaul that would also scrap the practice of a separate railway budget.

Indirect tax collections up over 27%; at Rs 3.36 lakh crore till August

Indirect tax collections up over 27%; at Rs 3.36 lakh crore till August

Mon, Sep 12, 2016

Indirect tax collections for the current fiscal up to August 31, 2016 has increased 27.5% to Rs 3.36 lakh crore. This is nearly half of the Budget Estimates (BE) of indirect taxes for Financial Year 2016-17 Ministry of Finance said.

Direct tax collections up 15%, at nearly Rs 2 lakh crore

Direct tax collections up 15%, at nearly Rs 2 lakh crore

Mon, Sep 12, 2016

India's direct tax collections for the current fiscal year (April 1 to August 31) has increased by 15% to reach Rs 1.89 lakh crore.

Arun Jaitley meets govt panel over budget merger proposal

Arun Jaitley meets govt panel over budget merger proposal

Tue, Aug 23, 2016

The report is in the final stages of preparations and is expected to be submitted to Jaitley by month-end.

Govt may merge Railway, Union budget from next fiscal

Govt may merge Railway, Union budget from next fiscal

Sun, Aug 14, 2016

In June, Prabhu wrote a letter to the Prime Minister's Office (PMO) after NITI Aayog's member Bibek Debroy recommended the move.

“Difficult to put a figure on annual spending of our country on Diabetes,” ministry states

“Difficult to put a figure on annual spending of our country on Diabetes,” ministry states

Fri, Jul 22, 2016

India has one of the highest diabetes patients in the world. A recent news report claimed that annual spending of India on diabetes is a whopping Rs 1.5 lakh crore, rising 30% annually. The ministry of health and family welfare has disputed the claim.

PSU Banks' Recapitalisation: Govt sanctions Rs 23,000 crore

PSU Banks' Recapitalisation: Govt sanctions Rs 23,000 crore

Tue, Jul 19, 2016

Finance Ministry has said that it will provide Rs 22, 915 crore to 13 public sector banks in an effort to meet their recapitalisation needs.

Suresh Prabhu seeks support to merge Railway budget with Union budget; writes to FM Jaitley

Suresh Prabhu seeks support to merge Railway budget with Union budget; writes to FM Jaitley

Wed, Jul 13, 2016

Introduced by Britishers in 1924-25, to announce separate Railway Budget, over the years failed to tackle the issues of under-investment, Debroy had said in the note.

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