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budget 2021
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BJP tells MPs to ensure their presence in Parliament during budget session
ANI, New Delhi
PUBLISHED ON JAN 15, 2021 08:56 PM IST
It called upon members not to make programmes outside Delhi during the Parliament session and ensure their presence in the House.

‘Want assured income, better deal for farmers’
PUBLISHED ON JAN 15, 2021 12:40 AM IST
A 49-year-old Dalit landless labourer, Paswan sows paddy on small patches of land adding up to roughly 1.15 acres, belonging to a local landlord, Ras Bihari Singh.

Budget 2021: PMFAI demands GST reduction on pesticides to 5% from 18%
PTI
UPDATED ON JAN 14, 2021 11:22 AM IST
The Union Budget will be presented by Finance Minister Nirmala Sitharaman on February 1.

Health Budget must look beyond Covid mitigation
By Sourindra Mohan Ghosh
PUBLISHED ON JAN 14, 2021 01:54 AM IST
This entails addressing prevailing systemic deficiencies along with managing the added burden of Covid-19. India’s health sector requires a two-fold intervention by the government.

‘Buck stops at govt’s doors’: FM takes responsibility for infrastructure push
By HT Correspondent | Hindustan Times, New Delhi
UPDATED ON FEB 01, 2020 07:33 PM IST
Budget 2020:She said the charter was a demonstration that the government’s principle was not limited to merely ending the harassment of the taxpayers but was rooted in respect and trust.

Budget may reform GST filing process
By Rajeev Jayaswal | Hindustan Times, New Delhi
UPDATED ON JAN 25, 2020 05:19 AM IST
The finance ministry has been working on simplifying archaic income-tax laws and rationalising tax rates in line with recommendations of the task force on the Direct Tax Code (DTC), which submitted its report on August 19, 2019, they added.

Budget 2020: Shaktikanta Das bats for more structural reforms to revive growth ahead of budget
By Press Trust of India | Mumbai
UPDATED ON JAN 24, 2020 08:31 PM IST
Budget 2020: The Narendra Modi government in its second term will present the first full budget next Saturday, at a time when the advance estimate of GDP has projected nominal growth plunging to a 48-year-low of 7.5 per cent and real growth hitting an 11-year low of 5 per cent or thereabout.

Finance Ministry may raise divestment goal to Rs 1.5 lakh cr for FY21
By Asit Ranjan Mishra | Livemint, New Delhi
UPDATED ON JAN 22, 2020 06:42 AM IST
The strategic disinvestments that are now expected to be completed in the next fiscal include Air India, Bharat Petroleum Corp. Ltd (BPCL), Container Corporation of India Ltd (Concor) and Shipping Corporation of India Ltd (SCI).

Budget 2020: Boost for rural economy, connecting villages to digital India expected
By Zia Haq and Rajeev Jayaswal | Hindustan Times, New Delhi
UPDATED ON JAN 22, 2020 05:42 AM IST
India’s gross domestic product (GDP) grew 4.5% in the second quarter of the current financial year, the lowest since March 2013.

When Nirmala Sitharaman took down MPs on super rich tax hike
By Sunetra Choudhury | Hindustan Times, New Delhi
UPDATED ON JUN 02, 2020 08:55 PM IST
The Finance Minister said that the Prime Minister has to bother about the well being of 130 crore people and the rise in tax will help increase government expenditure.

Nirmala Sitharaman counters Chidambaram
By HT Correspondent | New Delhi
UPDATED ON JUL 12, 2019 11:51 PM IST
Nirmala Sitharaman, in her reply on Budget in the Upper House, hit out at P. Chidamabaram by saying that he had not made like-to-like comparison over income tax and custom duty collections, which perhaps led him to wrong conclusions.

Peak taxation rate of 42.7% not ideal: FM Nirmala Sitharaman
By R Sukumar and Shishir Gupta | Hindustan Times, New Delhi
UPDATED ON JUL 12, 2019 08:50 AM IST
Ideally, the peak income-tax rate of 42.7% should come down over time, finance minister Nirmala Sitharaman said on Thursday in an interview, repeating and stressing the word “ideally”.

‘We’ve given ourselves achievable targets,’ says Nirmala Sitharaman
By R Sukumar and Shishir Gupta | Hindustan Times, New Delhi
UPDATED ON JUL 12, 2019 10:41 AM IST
A week after her and the second Narendra Modi-led government’s first budget, finance minister Nirmala Sitharaman sat down with Hindustan Times to discuss the budget’s vision for growth.

Government ramps up targets for piped water scheme
By Zia Haq | New Delhi
UPDATED ON JUL 11, 2019 01:27 PM IST
The Union budget unveiled last week has given the piped water mission an 82% boost in allocations at Rs10,000.66 crore, signalling the government’s intention to ramp up coverage.

Government to offer amnesty for commercial tax disputes
By Rajeev Jayaswal | Hindustan Times, New Delhi
UPDATED ON JUL 11, 2019 07:28 AM IST
The new one-time scheme will open a three-month window for taxpayers to resolve existing excise and service tax disputes on a “no penalty, no interest, no prosecution” principle”.

Economic growth, national security are priorities: FM
By HT Correspondent | New Delhi
PUBLISHED ON JUL 10, 2019 11:49 PM IST
Replying to a debate on the budget in the Lok Sabha, Sitharaman said there had been an increase in the allocation for almost every welfare programme targeted at sections ranging from women to scheduled castes and tribes.

Nirmala Sitharaman offers to play ‘class teacher’ to clarify Budget concerns
By HT Correspondent | Hindustan Times, New Delhi
UPDATED ON JUL 10, 2019 09:12 PM IST
The finance minister’s comments riling the opposition came right after she had explained the alleged anomalies raised by the opposition.

Cabinet all set to clear 3rd phase of rural road scheme
By Saubhadra Chatterji | Hindustan Times, New Delhi
PUBLISHED ON JUL 09, 2019 11:23 PM IST
In the first full budget of the new government, finance minister Nirmala Sitharaman underlined how the government has given a massive push to all forms of physical connectivity including PMGSY.

Has India’s growth become less revenue generating in nature? We decode
By Roshan Kishore | Hindustan Times, New Delhi
UPDATED ON JUL 09, 2019 08:35 AM IST
A higher tax buoyancy number indicates that either the nature of growth is more revenue generating or the tax-net is more effective at dealing with tax evasion. The reverse can be inferred if the tax-buoyancy number goes down.

Indian Newspaper Society asks govt to roll back customs duty on newsprint
By HT Correspondent | Hindustan Times, New Delhi
UPDATED ON JUL 09, 2019 10:57 AM IST
It also highlighted the issue of inadequate availability of some kinds of newsprint, and total unavailability of some others in the country, creating the need for imports.

Cong slams ‘neither here, nor there’ budget; BJP calls it historic
By HT Correspondent | Hindustan Times, New Delhi
UPDATED ON JUL 08, 2019 09:30 PM IST
There was hardly any mention of country’s GDP growth rate in the budget speech, he claimed, adding that the word “GDP” featured only once in it.

Allocation for women and child development up by 17%
By Amrita Madhukalya | Hindustan Times, New Delhi
UPDATED ON JUL 08, 2019 09:10 PM IST
Quoting Swami Vivekananda to stress on the importance of an increased participation of women, Union finance minister Nirmala Sitharaman in her maiden Budget speech said, “It is not possible for a bird to fly on one wing.”

Credit, more roads and houses for rural India
By Saubhadra Chatterj | Hindustan Times, New Delhi
UPDATED ON JUL 08, 2019 08:45 PM IST
At the same time, the budget for fiscal 2019-2020 reduced the outlays for the flagship rural jobs guarantee programme and the rural housing scheme.

Tharoor uses cricketing analogy, says budget had no-balls instead of boundaries
By Asian News International | New Delhi
PUBLISHED ON JUL 08, 2019 05:36 PM IST
Congress leader Shashi Tharoor on Monday stated that the financial statement had unnecessary defensive strokes, dropped catches and was marred with no-balls.

Labour reforms, public expenditure on infra to boost economy, says Sitharaman
By Rajeev Jayaswal | New Delhi
UPDATED ON JUL 07, 2019 10:43 PM IST
Sitharaman said other measures, including policy push to micro, small and medium sector, focus on rural economy, affordable housing and labour reforms would kick in a process of virtuous cycle and pep up consumption.

Need to optimise use of budget allocation
UPDATED ON JUL 07, 2019 10:13 PM IST
The budget, in many ways, is the meat of policy.

A tale of two budgets by women, 50 years apart
By Anisha Dutta | Hindustan Times, New Delhi
UPDATED ON JUL 07, 2019 09:49 AM IST
The two budgets also illustrate how far the economy has come from the 1970s, when India was in a semi-socialist cocoon, insulated from the rest of the world by self-imposed, Communist-style economic controls.

Gender schemes allocation sees decline this fiscal
By Amrita Madhukalya | Hindustan Times, New Delhi
UPDATED ON JUL 07, 2019 02:42 PM IST
Sakshi Rai of the Centre for Budget and Governance Accountability (CBGA) says that the silver lining is that the number of Demands for Grants included in the GBS has increased from 33 last year to 39 this fiscal.

SC/ST welcome budget, skeptical if allocations will be directly beneficial
By Dhrubo Jyoti | New Delhi
PUBLISHED ON JUL 07, 2019 07:08 AM IST
The absence of any provision to speed up processing of claims under the 2006 Forest Rights Act was also a point of concern, the activists noted.

External borrowing move marks a structural shift
By Zia Haq | Hindustan Times, New Delhi
UPDATED ON JUL 07, 2019 02:42 PM IST
Although the finance minister did not specify how much will be borrowed in foreign currencies, economists caution the move would increase India’s exposure to the volatile world of global financial markets.