Live Budget 2019 - Budget 2019 highlights, Updates on Union budget of India

Nirmala’s maiden Budget is all about incremental measures

Special Correspondent Extra deduction of ₹1.5 lakh on loans for affordable houses; higher surcharge for super-rich; ₹70,000 cr. to be infused into public sector banks; Aadhaar can be interchanged with PAN to file I-T returns

Budget

Electric Vehicles is the biggest opportunity or the biggest threat to ‘Make in India’

Pawan Goenka This government has come up with a clear belief that the mandate that they have got brings responsibility on them to deliver on the promises they had made.

For relieving farmers from uncertain prospects, the States will be forced to implement e-NAM mechanism for better operations under the APMC Act.

Agri-Business

Budget 2019: The road to agriculture and rural prosperity

Harsh Kumar Bhanwala A truly agriculture and rural development-focussed Budget, it has adequately met the twin objectives of growth and inclusiveness. When doubling of farmers’ income agenda is being rigorously pursued by the government, a fresh slew of measures through this Budget will only firm up the prospects of the agriculture and rural development sectors. The crux of the Budget is ‘sustainability’ in every aspect, be it agriculture practices or economic viability. An announcement of formation of 10,000 new

Budget

Keeping a tab on spending

Parvatha Vardhini C High-value transactions to come under the scanner.

Economic Survey

Economic Survey has based Aadhaar impact on MGNREGS on false assumptions, say researchers

Priscilla Jebaraj

Researchers and activists studying the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) data have refuted the argument made in this year’s Economic Survey regarding the positive causal impact of Aadhaar-linked payments (ALP) on the scheme, especially in drought affected districts. The argument is riddled with false assumptions, they say.On timelinessThe Survey used the rural jobs scheme as a case study to show the benefits of the use of technology in improving targeting and

Budget Decoded

Finance Minister Nirmala Sitharaman alongwith MoS for Finance Anurag Thakur and her team members.

Budget 2019: Farmers should take up zero-budget farming, says Nirmala Sitharaman

The Hindu Net Desk

Finance Minister Nirmala Sitharaman. File

Budget 2019 | After cleaning up banks, government now wants to boost credit, improve governance

Special Correspondent

Union Budget 2019: 100% FDI for insurance intermediaries

The Hindu Net Desk

Women self-help group members displaying slogans written on their hands and palms using mehandi paste in Tiruvarur district of Tamil Nadu. File photo

Budget 2019: Proposal to expand women SHG interest subvention to all districts

The Hindu Net Desk

Budget 2019: ₹1 crore loan for MSMEs in under 59 minutes, says Nirmala Sitharaman

The Hindu Net Desk

Budget Specials

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Finance Minister Piyush Goyal during a press conference after presenting the Budget, in New Delhi on Friday.

Business

All you wanted to know about the Budget

What is a budget and what does it consist of? A Budget is an estimate of outflows and inflows that a Government will incur during a financial year. It consists of actual figures for the preceding year and the budgetary estimate for the current year. For instance, a Budget presented in March 2012 will have the preceding year, i.e. 2011-12’s actual figures and the estimates for 2012-13. When is it presented and by whom? The Budget is presented on a day that is determined by the Parliament.

1948 - The excise duty on betel-nuts was withdrawn and import duty on cigarettes was raised.

Budget

Union Budget: A journey through time

A selection of headlines from The Hindu's archives related to the Union Budget.

Reactions

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Budget

Budget 2019-20 view point: A framework for the future

Suneeta Reddy “While skill-building has been a focus of several budgets, this time new-age skills were spoken of, which would vault India to a world-beating position on talent”.

Budget

Viewpoint: Not just an interim Budget

Surabhi Marwah This is the election year and there was a fair bit of debate on what the 2019 Budget would look like — the build-up to February 1 had some expectations of tweaks and reliefs for the salaried tax payers especially the middle class.The impact of major changes on personal income tax are set out below:Tax rates: The tax slab rates, surcharge and health and education cess remain the same. However, resident taxpayers with income up to ₹5,00,000 will get a full tax rebate. Standard deduction: The limit

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Budget

The share of the Indian Railways in total freight traffic (35 per cent at present) has been consistently declining over the years, as pointed out by the Railway Minister. Separately, the government is also looking to tap other sources of revenue besides passenger and freight.

Budget is negative on all counts

This Railway Budget has slightly deviated from the routine. The minister has concentrated very heavily on providing passenger conveniences, whereas

Rail-related stocks decline

Minister is eyeing a four-fold increase in advertising revenue.

Public-private partnerships to fuel future growth of Indian Railways

The Railway Budget has laid emphasis on Public Private Partnerships (PPP) to implement initiatives such as rail connectivity for ports,

Need to improve corporate governance

Everyone, from business and government leaders to financial experts to the common man, is speculating what the 2016 Budget has in store. The

Railway Budget promises, a year later

Which of the promises from Railway Budget 2015 were fulfilled? Which ones were missed?

Rail Budget 2016-17 — Full text of the speech

Union Railway Minister Suresh Prabhu presented his second Railway Budget on February 25, 2016. > Here is the Highlights of the Rail Budget

Railway budget proposes two rail corridors for Mumbai

Railway Minister Suresh Prabhu on Thursday proposed two new rail corridors — an elevated on from Churchgate to Virar and CST to Panvel —for the city'

Highlights of Railway Budget

India's first rail auto hub, boost to e-catering, connectivity to North-East and no hike in passenger fares. Here's a quick recap of all major

No hike in rail fares; increase in quota for senior citizens,women

Railway Minister announces a capital plan of Rs. 1,21,000 crore for 2016-17; claims action initiated on 139 budget announcements made last year.

Time for plan to roll out DBT for fertiliser subsidies

An idle mind is a devil’s workshop and with our demographic profile of such a large young population, job creation to gainfully employ the youth has

Make public names of wilful defaulters: panel

The banks have “evidently failed” to notice the early signs of stress on the loans disbursed by them.

Cabinet nod to incentivise cashless transactions

It also cleared the rationalisation of merchant discount rate on card transactions.

Railway Budget may tickle taste buds of passengers

Union Railways Minister Suresh Prabhu may offer more culinary options for passengers in his Rail Budget to be presented on Thursday, so people

GST crucial for growth of online marketplaces: IAMAI

With Goods and Services Tax (GST) Bill stuck in Parliament, Internet and Mobile Association of India on Wednesday said the crucial Bill once passed

Keeping it parliamentary

Parliament’s Budget session opened on Tuesday against a turbulent backdrop of unrest on >university campuses , the >Jat agitation in

A train of long-pending demands

With past budgets flattering only to deceive, the expectations are muted

Investors want budget to usher in simpler tax regime

Industry players, particularly India Inc. and foreign investor community are looking forward to simplified, fair and predictable tax regime.

Assocham calls for a raise in railway passenger fares

Due to high freight charges, railway’s market share in freight has eroded.

Budget will be a tough task, Railway Board veterans say

Railways should prioritise shoring up freight revenue as it is the bread winner of the utility.

What to expect from this Railway Budget

A significant amount will be earmarked for safety upgradation, electrification, doubling and modernisation of yards.

12 important Bills that our lawmakers will seek to pass this Budget Session

The Budget Session of the Indian Parliament will be held from Feb. 23 to May 13, 2016 with 31 sittings in all. The agenda for this government, caught

A fine balance on the Budget

Given the pressing need for financial prudence and the equally pressing need for increasing public investment, the Finance Minister needs to raise additional resources and rationalise and target subsidies.

Lower the corporate tax rate

Minimum Alternate Tax should be eliminated or reduced to 10% from the current rate of over 21%.

Budget to bet on spurring growth

Global economy and market movements are far more unpredictable today.

To grow or not to grow

A departure from the fiscal consolidation path is the best answer to flagging growth. The risk to macro-economic stability can be managed.

Quality of Govt. capex much better: Watal

Ratan Watal, Finance Secretary, said there was a sharp improvement in the quality of Central government expenditure and funds were no longer left idle

Start-ups will need more tax exemptions, incentives to flourish

Prime Minister Modi launched an action plan to promote start-ups in India amidst much fanfare in January in New Delhi. Whilst the Prime Minister

Adequacy of foreign exchange reserves and currency turmoil

The upbeat mood was pervasive, and even infectious. A radiant smile, expanding into a wide grin was common on the faces of government and RBI

Can Union budget turbo-charge start-ups?

When Arun Jaitley unveils the Budget, India's start-up fraternity would be watching him closely with anxiety.

Govt. may penalise higher PF savings

Budget 2016-17 could penalise voluntary investments over Rs 1.5 lakh into Employees' PF and General PF accounts, in a bid to prod people into

Exempt airlines from MAT

Being a long-term gestation industry, there has been a huge amount of accumulated book losses in the whole sector.

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