India Budget 2020 Live updates: Latest updates on Union Budget News 2020 - The Hindu

Expenditure Secretary T.V. Somanathan.

Govt. fund will catalyse investment in infrastructure, says Expenditure Secy Somanathan

Priscilla Jebaraj Vikas Dhoot 'The projections that we have given for the coming year are are our best case estimates.'

Union Finance Minister Nirmala Sitharaman during a press conference in New Delhi. File

Will not splurge to end slowdown, says Nirmala Sitharaman

Vikas Dhoot Priscilla Jebaraj ‘Govt. will create assets transparently’

Finance Minister Nirmala Sitharam and MoS Finance Anurag Thakur with the Budget Papers entering the Parliament House to present the Union Finance Budget in New Delhi on Saturday.

Budget 2020 | No intention to tax global income of NRIs in India, says Nirmala Sitharaman

Vikas Dhoot Priscilla Jebaraj The Finance Bill, 2020 has proposed that an Indian citizen shall be deemed to be resident in India, if he is not liable to be taxed in any country or jurisdiction

M.M. Murugappan. Photo: Special Arrangement

M.M. Murugappan on Budget 2020: An act of walking the tight rope

M. M. Murugappan Limited fiscal room constraining outright fiscal stimulus

Economic Survey

Chief Economic Adviser Krishnamurthy V. Subramanian presents the Economic Survey 2019-20 during a press conference in New Delhi on January 31, 2020.

Economic Survey 2019-20 seeks end to norms stifling competitiveness

Economic Survey pushes to encourage wealth creation by entrepreneurs; CEA sees growth rebounding to 6%

Budget Specials

Section

Finance Minister Nirmala Sitharaman

All you wanted to know about the Budget

Finance Minister Nirmala Sitharaman presented her second Union Budget on February 1.

Finance Ministers of India since Independence

List of persons who have held the Finance portfolio since India's Independence and their initiatives that shaped up the economy.

Other Articles

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Data

Data | Is the Indian Army spending enough on modernising its equipment?

Government open to further consolidation of banks depending on need: Anurag Thakur

PARLEY | Comment

Parley: Does the Budget do enough in providing a stimulus to growth?

Middle class people trained enough to pick right income tax option: Niti Aayog V-C Rajiv Kumar

PM Modi seeking to use budget to sack Finance Minister Sitharaman: Rahul Gandhi

Nominal GDP growth projections ambitious given structural challenges: Moody’s

LIC staff stage protest against IPO plan

“IPO is an act of desperation at a time when the economy is in mess,” says federation.

Even critics are now lauding Budget, claims Narendra Modi

The Prime Minister was addressing the BJP Parliamentary party meeting in the national capital

Govt. fund will catalyse investment in infrastructure, says Expenditure Secy Somanathan

'The projections that we have given for the coming year are are our best case estimates.'

Will not splurge to end slowdown, says Nirmala Sitharaman

‘Govt. will create assets transparently’

Budget 2020, a tightrope walk indeed

Addressing divergent needs in the backdrop of sluggish growth is no mean task

LIC stock market listing: Government yet to take call on quantum of stake sale

“There could be legal hurdles to cross... such as the need for possible amendments to the LIC Act. 1956”

Data | Budget 2020: Why the corporate tax rates are skewed towards the richest

In her budget speech, finance minister Nirmala Sitharaman said that India's corporate tax rates were now "among the lowest in the world" and this will enable companies to expand their businesses and make fresh investments in the future

Data | Budget 2020: Which sectors got the most money?

A look at how the allocation for each sector changed since the last Budget

Budget 2020 | I appear conservative, but I want to be realistic, says Nirmala Sitharaman

‘In today’s environment where public spending is used as an engine for pulling the economy up, my focus will be on spending to create assets’

Budget 2020 | Budget boosts business confidence but not consumer sentiments

Finance Minister Nirmala Sitharaman presented a Budget that was directionally sound but may not expeditiously revive the Indian economy.The Budget has

Budget 2020 | An act of walking the tight rope

Limited fiscal room constraining outright fiscal stimulus

Data | Markets not enthused about Budget 2020

Most sectors experienced a slump in the Benchmark stock index

Data | Budget 2020: What's hindering India's infrastructure push?

The ambitious National Infrastructure Pipeline with a massive budget is getting bogged down by time delays and cost-overruns across many projects

Govt. pegs UIDAI’s allocation at ₹985 crore for FY21

In the current fiscal, the UIDAI was originally allocated ₹1,227 crore when the Modi-2.0 government presented the Union Budget on July 5, 2019.

Budget 2020 | Money earned in India by NRIs will be taxed, says Nirmala Sitharaman

Clarification follows letter from Kerala Chief Minister over impact on workers in West Asia.

Watch | Budget 2020: What's costlier and what's cheaper?

Here are the items that will become costlier or cheaper to import after customs duty changes post Union Budget 2020-21

Cess on imported medical devices to lead to cost escalation for patients: Medical Technology Association of India

This is against the basic ethos of Pradhan Mantri Jan Arogya Yojana (PMJAY) wherein government wants to provide affordable healthcare for all, MTaI said

Finance Minister says second tranche of debt-based ETF within this quarter

Ms. Sitharaman in her second budget on Saturday proposed to deepen the bond market and announced floating of a new debt ETF comprising primarily of government securities.

TDS on on e-commerce transactions: Amazon, Flipkart may approach government for clarification on Budget 2020 proposal

The government has proposed a new levy of 1% TDS (tax deducted at source) on e-commerce transactions, a move that could increase burden on sellers on such platforms

Indian Budget will attract more FDI: U.S. industry leaders

Welcoming the Budget, the U.S.-India Business Council (USIBC) said that abolition of the dividend distribution tax (DDT) removes a major disincentive to foreign companies seeking to set up operations in India

LIC IPO may come in 2nd half of FY21, says Finance Secretary

Asked about the quantum of dilution, Finance Secretary Rajiv Kumar said it could be 10% but no decision has been taken so far

No mention on functioning of SCoR

The Union Budget-2020 turned out to be a big disappointment for the people of the north Andhra region as there was no announcement on the date of

Union Budget: proposal to corporatise major ports hailed

National logistics policy too a welcome step, say stakeholders

Budget 2020 | Nirmala Sitharaman’s budget booster falls short of expectations

Challenges to fiscal consolidation from slower growth remain; LIC IPO to lead disinvestment thrust, generate revenue; Unimpressed Sensex closes nearly 2.43%, 988 points down.

A government that is clueless on the economy

Listening to the Budget speech, one would hardly get any indication of either the economic slowdown or the unemployment rate, which is the highest in decades

A Budget exercise that is designed for stressed times

The FM deserves credit for keeping the capital expenditure steady amid receipts shortfall; but her plan does not meet market expectations of sweeping reforms

A budget for the middle class

Higher personal tax rates and slabs have been modified to the benefit of the middle class, boosting consumer demand

Another lost opportunity to revive growth

The Budget has failed to provide any kind of stimulus for the revival of consumer or investment demand; nor has it been able to contain deficits

An exercise bereft of macroeconomic vision

The government has been unable to raise its spending at a time when circumstances demand a proactive fiscal policy

Dual taxation on ESOPs to go

In order to give a boost to the start-up ecosystem, the Budget proposes to ease the burden of taxation on the employees by deferring the tax payment

Budget 2020 | Finance Minister proposes a set of reforms to deepen bond market

Steps include raising FPIs’ corporate bonds investment limit, letting non-resident investors buy select g-secs

Budget 2020 | International bullion exchange to be set up at IFSC, says FM

‘Move will lead to better price discovery of gold’

Budget 2020 | Green signal for more private trains

Budget promises increased investment for passenger amenities and safety-related works, including track renewals

Budget 2020 | Unions protest LIC stake divestment move

Employees describe move as being ‘against national interest’

Budget 2020: Major cut in financial allocation for Nepal

Development likely to cast a shadow on the work that India partners in the key neighbouring nation

Budget 2020 | Government moots cut in withholding tax

Finance Minister’s proposal is aimed at boosting listing of bonds at IFSC exchange

Budget 2020 | Gender budget sees a drop

FM proposes panel on raising marriageable age

Budget 2020 | We wanted to make sure money is in people’s hands: Nirmala Sitharaman

New income tax scheme will give people the option to decide how to save, says Finance Minister Nirmala Sitharaman

Budget 2020 | E-com platforms must deduct 1% TDS on transactions

Move is part of measures to widen tax base, FM says

Budget 2020 | Cheer for science as key departments get a raise

Key departments get 13% more than what was spent last year; biotechnology gets largest hike

Budget 2020 | Taking the economic challenges head-on

The Finance Minister was presented with a tricky set of trade-offs ahead of Budget 2020. On one hand, there are immediate challenges of the slowdown

Budget 2020 | No more double taxation on dividends

Centre removes 15% tax plus applicable surcharge and cess on dividends, currently paid by companies

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The Income Tax department searched Paul Dhinkaran’s residence and official premises on January 20

17K | I-T raids on Paul Dhinakaran expose ₹120 crore of unaccounted income

File photo of Tejas-Mk 1A

14K | Is Tejas really a big deal for indigenous defence production? | The Hindu In Focus Podcast

V.K. Sasikala, aide of former Tamil Nadu Chief Minister Jayalalithaa, is taken to Victoria Hospital from Bowring hospital after her health deteriorated in the Parappana Agrahara prison in Bengaluru on January 21, 2021.

9K | Coronavirus | Sasikala tests positive for COVID-19

8K | Cartoonscape — January 22, 2021

Chief of the Defence Staff Bipin Rawat visits India’s forward-most air-maintained post along the Subansiri Valley in Arunachal Pradesh on January 3, 2021.

7K | China defends new village in Arunachal Pradesh amid border construction push

Narendra Singh Tomar.

6K | Farmers’ protests | Government climbdown forced by Supreme Court refusal to stay Republic Day tractor rally

File picture shows an activity at a stone quarry in Karnataka's Chickballapur district. Representational image.

6K | At least five killed in explosion near Shivamogga

Actor Sonu Sood. File

6K | Sonu Sood moves Supreme Court against order on illegal construction notice

Farmers raise slogans during their protest at Singhu border in New Delhi on January 22, 2021.

5K | Farmers’ protests | No further concessions to offer, government tells protesting farmers