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budget
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Indian economy to rebound with 8.9% growth in FY22: Report
New Delhi | By Press Trust of India | Posted by Shankhyaneel Sarkar
PUBLISHED ON JAN 08, 2021 06:25 PM IST
The National Statistical Organisation (NSO) on Thursday predicted that the economy will contract 7.7 per cent in the current financial year ending in March, the worst performance in four decades.
PM Modi increases budget to increase enrollment of children of SC: BJP’s Dushyant Gautam
New Delhi | By Asian News International| Posted by Akhilesh Nagari
UPDATED ON JAN 03, 2021 08:35 AM IST
Bharatiya Janata Party leader Dushyant Gautam said that Prime Minister Narendra Modi-led central government is working for the welfare of the poor and dalits.
Budget to set course for economic pick up after Covid carnage
New Delhi | By Press Trust of India| Posted by Susmita Pakrasi
PUBLISHED ON JAN 01, 2021 07:45 PM IST
An appropriate understanding based on reliable data is critical to ensure effective policy intervention, it said, adding a low base in current fiscal will make even a moderate improvement in the first couple of quarters of next financial year as decent year-on-year growth.
LIC’s value to be assessed by adviser: Govt
Hindustan Times, New Delhi | By Rajeev Jayaswal
PUBLISHED ON JAN 01, 2021 04:30 AM IST
Finance minister Nirmala Sitharaman had announced about selling a minority stake in the government-run insurance behemoth giant in the Budget on February 1, 2020. “The government now proposes to sell a part of its holding in LIC by way of Initial Public Offer (IPO),” she had said. LIC is 100% owned by the Union government.
Budget is the key instrument to push growth: Report
Hindustan Times, New Delhi | By Rajeev Jayaswal
PUBLISHED ON DEC 31, 2020 03:44 AM IST
“Given this sustained breach of the policy target, RBI is likely to maintain status quo, continuing to maintain the repo rate at 4% for the remaining part of the fiscal year although this situation may be reassessed in the next MPC meeting scheduled in February 2021 after the presentation of FY22 Union Budget,” the report said.
Mutual Fund: It’s the right time to invest in markets
By Partnered Feature
UPDATED ON DEC 30, 2020 10:20 AM IST
Experts highlighted the present market, which has hit an all-time high, and how investors can make use of mutual funds to get higher returns.
News updates from Hindustan Times: Nirmala Sitharaman hints at more changes to push growth in coming Budget and all the latest news
Hindustan Times, New Delhi | By hindustantimes.com
UPDATED ON NOV 24, 2020 08:54 AM IST
Here are today’s top news, analysis and opinion at 9am. Know all about the latest news and other news updates from Hindustan Times.
Finance Ministry seeks suggestions for annual budget 2021-22 on MyGov portal from Nov 15
New Delhi | By Asian News International| Posted by Susmita Pakrasi
PUBLISHED ON NOV 13, 2020 09:54 PM IST
The app will go live on November 15, 2020, and will remain open till November 30, 2020 to receive ideas for the budget, the Ministry of Finance said in an official release.
In UP’s last budget before polls, funds for development will be a major challenge
Hindustan Times, Lucknow | By Umesh Raghuvanshi
PUBLISHED ON SEP 29, 2020 03:37 PM IST
The state finance department has asked the administrative departments to send their proposals by November 30 while issuing broad guidelines well in advance for preparation of the state’s budget.
Ekta Kapoor shares video of foreigners watching Naagin: ‘At lowest of budgets, we manage best entertainment for mass India’
UPDATED ON AUG 23, 2020 07:10 PM IST
Foreigners can be seen watching Naagin, Saath Nibhana Saathiya in the video shared by Ekta Kapoor. Watch it here.
PM Modi launches country’s first taxpayers’ charter promised in the budget
Hindustan Times, New Delhi | By Rajeev Jayaswal
UPDATED ON AUG 13, 2020 05:43 PM IST
Experts said the taxation system is still complicated and intimidating that dissuades people to voluntarily come under its net.
In Andhra Pradesh’s budget of Rs 2.24 lakh cr, a revenue deficit of Rs 18K cr
Hindustan Times, Hyderabad | By Srinivasa Rao Apparasu
UPDATED ON JUN 16, 2020 10:32 PM IST
The budget was scheduled to be presented in the last week of March but was delayed because of the lockdown to contain the spread of Covid-19.
Parul Chauhan: Actors will have to be mentally prepared to work in a much less budget
Hindustan Times | By Sangeeta Yadav
UPDATED ON JUN 04, 2020 03:22 PM IST
The actor says it is going to be more tough for actors, whose shows have come to an end abruptly
Floral, classic, glitter: More than just a manicure, nail art on budget this season
New Delhi | By Indo Asian News Service | Edited by Alfea Jamal
UPDATED ON JUN 01, 2020 04:47 PM IST
Nail art has undergone quite an evolution in the past decade, from the subtle square nailed French manicure to Lady Gaga claws, everything from the shape, size, length and varnish has seen quite a major change.
Budget allocation 35 percent lower than required: House panel on defence
Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON MAR 14, 2020 03:36 AM IST
In a report tabled in the Lok Sabha, the Parliamentary Standing Committee on Defence pointed out that insufficient budgetary allocation would affect acquisition of latest weaponry, aircraft, ships and tanks that are required to match the modernisation of the Chinese and Pakistani militaries.
In Thackeray govt’s first budget, diesel, petrol prices hiked by Re 1 in Maharashtra
Hindustan Times, Mumbai | By Ketaki Ghoge, Mumbai
UPDATED ON MAR 07, 2020 09:24 AM IST
By announcing sops for farmers and unemployed youth, the Maharashtra Vikas Aghadi (MVA) government has delivered on two core promises made in its manifestos, ahead of the state Assembly polls.
Jai Ram presents tax-free budget in Himachal
Hindustan Times, Shimla | By HT Correspondent, Shimla
PUBLISHED ON MAR 06, 2020 10:39 PM IST
With 25 new schemes, the budget estimate is around 11% higher than what was for the 2019-20 fiscal.
Why Fit India wasn’t allocated funds in the Budget
Hindustan Times, New Delhi | By Rajeev Jayaswal
UPDATED ON MAR 01, 2020 03:20 AM IST
A Fit India Mission executive, who requested anonymity, said several corporate entities were associated with the Fit India movement.
UP announces state Niti Aayog, Rs 10K crore for new schemes in budget
Hindustan Times, Lucknow | By Umesh Raghuvanshi
UPDATED ON FEB 19, 2020 12:08 AM IST
As this is the second last budget of the Yogi government before Uttar Pradesh heads to elections in early 2022, the budget earmarked funds for ongoing schemes to ensure their early completion besides proposing new ones for the development of infrastructure.
Delhi govt to present its budget after Holi, says deputy CM Manish Sisodia
New Delhi | By Press Trust of India
UPDATED ON FEB 17, 2020 07:24 PM IST
In a meeting with the finance department, Sisodia, who took the charge of his office on Monday, discussed issues pertaining to poll promises made by the Aam Aadmi Party in the run up to recently-concluded assembly elections and asked officials to make those provisions in the budget.
Govt willing to do more beyond Budget to boost growth: FM
New Delhi | By Press Trust of India
UPDATED ON FEB 14, 2020 04:54 PM IST
The government announced a host of steps in the Union Budget, presented on February 1 in Parliament, to expand the economic activities at a time when the country is faced with demand slowdown due to several reasons.
With an eye on China & Russia, Trump proposes USD 740 billion as the defence budget
Washington | By Press Trust of India
PUBLISHED ON FEB 11, 2020 11:48 AM IST
A key aspect of his defence budget proposals are a massive nuclear modernisation worth USD 28.9 billion.
Eyeing 2021 assembly polls, Bengal finance minister rolls out sops for all in Budget
Hindustan Times, Kolkata | By HT Correspondent
UPDATED ON FEB 10, 2020 07:51 PM IST
The announcements drew sharp criticism from opposition parties with the Bharatiya Janata Party (BJP) describing it as a “fairytale budget.”
Bengal finance minister showers sops for all in pre-poll budget
Hindustan Times, Kolkata | By HT Correspondent
UPDATED ON FEB 10, 2020 04:05 PM IST
Mitra also announced Rs 500 crore for setting up permanent houses for permanent workers of tea gardens in North Bengal.
Massage parlours, child sex abuse imagery may come under anti-trafficking bill
Hindustan Times, New Delhi | By Amrita Madhukalya
UPDATED ON FEB 09, 2020 04:08 AM IST
The Trafficking of Persons (Prevention, Protection and Rehabilitation) Bill, which was passed by the Lok Sabha in July 2018 during the last government’s tenure and then lapsed, has been amended to introduce these changes.
Budgeting for the long run
Hindustan Times | By Aishwarya Iyer
PUBLISHED ON FEB 08, 2020 07:45 PM IST
No measures to boost liquidity or demand but those around the infrastructure and taxation may benefit the sector
Why now is the right time to invest in FD
UPDATED ON FEB 06, 2020 07:14 PM IST
While the government has kept interest rates unchanged for small savings schemes for the fourth quarter of FY20, it may be a smarter choice to invest in fixed deposits, offering lucrative interest rates.
Limit on tax-free employer contribution to retirement funds to impact those with salary above ₹60 lakh
New Delhi | By Press Trust of India
UPDATED ON FEB 03, 2020 09:28 PM IST
Ajay Bhushan Pandey said if there is no limit, it will allow structuring of the salary into various components to lower the tax outgo.Under the existing provisions, the contribution by the employer to a recognised provident fund exceeding 12 % of salary is taxable
As budget falls short, RBI governor may focus on US-style operation twist
Bloomberg | By Anirban Nag
UPDATED ON FEB 03, 2020 11:15 AM IST
The burden of recovery now falls solely on the Reserve Bank of India. With inflation breaching RBI’s target at present, any rate cuts by the central bank are likely to be delayed and contingent upon inflation falling below the upper end of its 2%-6% target range.
Budget 2020: Tactics over strategy
By Suyash Rai
PUBLISHED ON FEB 02, 2020 07:43 PM IST
There are questions about fiscal deficit, tax reforms and expenditure management