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budget speech

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Roshni land scam: J&K admn set to post list of beneficiaries on govt website

Hindustan Times/ Jammu | By Ravi Krishnan Khajuria, Jammu
UPDATED ON NOV 24, 2020 12:35 AM IST
The administration is already working on cancelling all mutations of land transferred under the ‘unconstitutional’ Roshni Act across the UT
The tax exemption limit could be increased from the existing Rs 5 lakh for small businesses.
The tax exemption limit could be increased from the existing Rs 5 lakh for small businesses.

TDS relief expected for MSMEs transacting through e-commerce platforms

Hindustan Times, New Delhi | By Rajeev Jayaswal
PUBLISHED ON SEP 21, 2020 12:52 AM IST
Finance minister Nirmala Sitharaman, in her budget speech on February 1, 2020 introduced a TDS mechanism for e-commerce transactions.
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HT Image

CABINET MEETING: Govt scraps service extension policy for employees

Hindustan Times, Chandigarh | By HT Correspondent, Chandigarh
PUBLISHED ON MAR 02, 2020 10:15 PM IST
Move in line with budget announcement of reverting to earlier retirement age of 58 from 60
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HT Image

No extension to Chandigarh admn staffers after age of 58

Hindustan Times, Chandigarh | By Munieshwer A Sagar
PUBLISHED ON MAR 02, 2020 12:32 AM IST
Chandigarh follows service rules of Punjab, where retirement age was slashed from 60 to 58; as of now, UT employees can get 2 extensions of year each on retiring
Clean tech developers must find niches in the economy that will drive growth(Getty Images/iStockphoto)
Clean tech developers must find niches in the economy that will drive growth(Getty Images/iStockphoto)

In a slowing economy, the quest for sustainability

By Arunabha Ghosh
PUBLISHED ON FEB 23, 2020 10:32 PM IST
India needs a new consensus on its energy and economic transition for a sustainable future. Time is running out
West Bengal finance minister Amit Mitra on Monday presented the Trinamool Congress’ last full Budget before the 2021 assembly polls in the state.(ANI PHOTO.)
West Bengal finance minister Amit Mitra on Monday presented the Trinamool Congress’ last full Budget before the 2021 assembly polls in the state.(ANI PHOTO.)

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.
Union finance minister Nirmala Sitharaman presents the Union Budget 2020-21 in the Lok Sabha, in New Delhi, Saturday, Feb. 1, 2020.(PTI)
Union finance minister Nirmala Sitharaman presents the Union Budget 2020-21 in the Lok Sabha, in New Delhi, Saturday, Feb. 1, 2020.(PTI)

‘It was needed’: Finance Minister Nirmala Sitharaman on her ‘lengthy’ Budget speech

Chennai | By Press Trust of India
UPDATED ON FEB 08, 2020 10:47 PM IST
Pointing to elaborate pre-budget consultations with stakeholders and efforts to fulfil the aspirations of every sector, Union finance minister Nirmala Sitharaman said she had a need to speak for such a duration and it became “inevitable.”
Mamata Banerjee government refused governor Dhankar’s request for changes in his budget session opening speech.(HT Photo)
Mamata Banerjee government refused governor Dhankar’s request for changes in his budget session opening speech.(HT Photo)

Mamata govt rejects governor Dhankar’s suggestions for changes in his budget speech

Hindustan Times, Kolkata | By HT Correspondent
UPDATED ON FEB 06, 2020 11:11 PM IST
The budget session of an Assembly starts with the governor’s speech, followed by the finance minister’s presentation of the budget proposals and its passage as the Finance Bill, which requires the governor’s prior approval.
New Delhi: Union Finance Minister Nirmala Sitharaman during Confederation of Indian Industry (CII) post budget meeting, in New Delhi, Tuesday, Feb. 4, 2020. (PTI Photo/ Subhav Shukla)(PTI2_4_2020_000169A)(PTI)
New Delhi: Union Finance Minister Nirmala Sitharaman during Confederation of Indian Industry (CII) post budget meeting, in New Delhi, Tuesday, Feb. 4, 2020. (PTI Photo/ Subhav Shukla)(PTI2_4_2020_000169A)(PTI)

To resolve past direct tax disputes, FM to table ‘Vivad se Vishwas’ Bill

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON FEB 05, 2020 10:13 AM IST
The bill, aptly named The Direct Tax Vivad Se Vishwas Bill, 2020, will be introduced in the Lok Sabha around 12 noon after the Question Hour. The bill aims for resolution of disputed tax and related matters.
IIM Kozhikode.(Courtesy/iimk.ac.in)
IIM Kozhikode.(Courtesy/iimk.ac.in)

IIM Kozhikode Director welcomes promise of New Education Policy soon

Thiruvananthapuram | By Press Trust of India
UPDATED ON FEB 02, 2020 09:31 AM IST
The Finance Minister has promised in the budget speech that the New Education Policy will be announced soon.
At even 25%-30% of its assets under management, LIC can be valued at around ₹8-10 lakh crore, analysts said.(reuters file)
At even 25%-30% of its assets under management, LIC can be valued at around ₹8-10 lakh crore, analysts said.(reuters file)

Budget 2020: State-owned LIC all set to go public

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON FEB 02, 2020 06:49 AM IST
In her budget speech, Nirmala Sitharaman proposed that the government will also sell its stake in IDBI Bank to private investors and amend the Banking Regulation Act to strengthen cooperative banks.
Nutrition remains the focus of the WCD ministry’s budget allocation, with the ICDS getting ₹28557.38 crore. It marks a marginal increase of 3.5% from ₹27584.37 last year. (Representative Image)(Getty Images/iStockphoto)
Nutrition remains the focus of the WCD ministry’s budget allocation, with the ICDS getting ₹28557.38 crore. It marks a marginal increase of 3.5% from ₹27584.37 last year. (Representative Image)(Getty Images/iStockphoto)

Budget 2020: Nutrition scheme gets a Rs 3.7k-cr fillip

Hindustan Times, New Delhi | By Amrita Madhukalya
PUBLISHED ON FEB 02, 2020 06:13 AM IST
In her budget speech, Sitharaman announced a new task force, which will recommend in six months policy prescriptions to lower India’s maternal mortality rate.
The decline in consumption demand, especially in rural India, is a matter of pressing concern. But the budget may have made the problem worse with cuts in allocation. Instead, it should have streamlined public finance management systems and re-prioritised expenditure(Getty Images/iStockphoto)
The decline in consumption demand, especially in rural India, is a matter of pressing concern. But the budget may have made the problem worse with cuts in allocation. Instead, it should have streamlined public finance management systems and re-prioritised expenditure(Getty Images/iStockphoto)

The budget does not address the crisis of demand | Opinion

By Yamini Aiyar
UPDATED ON FEB 01, 2020 10:24 PM IST
The FM made a good faith attempt to present her vision. But the budget lacked a diagnosis of what is wrong, a prescription to address it, and made baffling choices
In the backdrop of the challenges the economy faces, the budget seeks to rekindle the economy through a range of activities around agriculture, health and education(PTI)
In the backdrop of the challenges the economy faces, the budget seeks to rekindle the economy through a range of activities around agriculture, health and education(PTI)

The government has adopted a measured policy of planned recovery by a thousand cuts. It can work

By Govind Sankarnarayan
UPDATED ON FEB 01, 2020 10:29 PM IST
The message is simple. The economy needs to strengthen itself. The State will help with spending, easing bottlenecks
Congress leader P Chidambaram addressing a press conference on the Union Budget at party headquarters on Saturday.(Ajay Aggarwal/HT Photo)
Congress leader P Chidambaram addressing a press conference on the Union Budget at party headquarters on Saturday.(Ajay Aggarwal/HT Photo)

‘Between 1 and 0’: Chidambaram rates Nirmala Sitharaman’s Budget

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON SEP 06, 2020 09:02 PM IST
Finance Minister Nirmala Sitharaman presented her second Budget on Saturday, and gave the longest-ever Budget speech in Parliament.
Finance Minister Nirmala Sitharaman with her deputy Anurag Thakur and a team of officials ahead of the Union Budget in New Delhi on Saturday. Lack of adequate funds could hit the military’s modernization programmes, experts have said.(PTI PHOTO.)
Finance Minister Nirmala Sitharaman with her deputy Anurag Thakur and a team of officials ahead of the Union Budget in New Delhi on Saturday. Lack of adequate funds could hit the military’s modernization programmes, experts have said.(PTI PHOTO.)

Meagre hike in defence budget could hit modernization plans

Hindustan Times, New Delhi | By Rahul Singh
UPDATED ON FEB 01, 2020 03:51 PM IST
If the defence spending allocated for 2020-21 is calculated against last year’s revised estimates of Rs 3.31 lakh crore, the increase is not even 2%. Finance minister Nirmala Sitharaman’s budget speech in Parliament on Saturday made no mention of defence except that national security was a top priority.
Finance Minister Nirmala Sitharaman presents the Union Budget 2020-21 in the Lok Sabha on Saturday.(PTI Photo)
Finance Minister Nirmala Sitharaman presents the Union Budget 2020-21 in the Lok Sabha on Saturday.(PTI Photo)
Finance Minister Nirmala Sitharaman arrives to presents the Union Budget 2020-21 in the Lok Sabha on Saturday.(PTI)
Finance Minister Nirmala Sitharaman arrives to presents the Union Budget 2020-21 in the Lok Sabha on Saturday.(PTI)

Sitharaman gave longest-ever Budget speech, but had to cut it short

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON FEB 01, 2020 04:44 PM IST
She couldn’t finish the last two pages and had to cut short the speech.
Finance Minister Nirmala Sitharaman on her way to present the Budget in Parliament on Saturday.(Sonu NMehta/HT Photo)
Finance Minister Nirmala Sitharaman on her way to present the Budget in Parliament on Saturday.(Sonu NMehta/HT Photo)

New income tax slabs: How Sitharaman’s Budget announcement impacts your pocket

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON FEB 01, 2020 01:39 PM IST
People watching live telecast of Union Budget 2020 by Finance Minister Nirmala Sitharaman at a showroom in Mumbai on Saturday.(Satish Bate/HT Photo)
People watching live telecast of Union Budget 2020 by Finance Minister Nirmala Sitharaman at a showroom in Mumbai on Saturday.(Satish Bate/HT Photo)
Union Finance Minister NIrmala Sitharaman said details of the scheme to set up hospitals in districts under PPP model would be worked out soon.(ANI)
Union Finance Minister NIrmala Sitharaman said details of the scheme to set up hospitals in districts under PPP model would be worked out soon.(ANI)

Budget 2020: Nirmala Sitharaman seeks to boost public health measures under PPP model

Hindustan Times, New Delhi | By HT Correspondent
PUBLISHED ON FEB 01, 2020 12:32 PM IST
Nirmala Sitharaman acknowledged there is a shortage of qualified medical doctors, both general practitioners and specialists
Finance Minister Nirmala Sitharaman, in her Budget speech, said that the government will announce a new education policy soon.
Finance Minister Nirmala Sitharaman, in her Budget speech, said that the government will announce a new education policy soon.

New education policy soon, Rs 99,300 crore allocated for sector in Budget 2020: Nirmala Sitharaman

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON FEB 01, 2020 12:22 PM IST
The live telecast of Budget 2020 speech of Finance Minister Nirmala Sitharaman at the Bombay Stock Exchange (BSE) on Saturday.(Anshuman Poyrekar/HT Photo)
The live telecast of Budget 2020 speech of Finance Minister Nirmala Sitharaman at the Bombay Stock Exchange (BSE) on Saturday.(Anshuman Poyrekar/HT Photo)

In 16-point action plan, Sitharaman talks about doubling farmers’ income in Budget speech

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON FEB 01, 2020 12:56 PM IST
Union Finance Minister Nirmala Sitharaman delivering her Budget speech.(ANI)
Union Finance Minister Nirmala Sitharaman delivering her Budget speech.(ANI)

Budget 2020: Nirmala Sitharaman hails GST, says average household saves 4% per month

Hindustan Times, New Delhi | By HT Correspondent
PUBLISHED ON FEB 01, 2020 11:50 AM IST
Nirmala Sitharaman described the GST as a historic structural reform which integrated the country economically.
Finance Minister Nirmala Sitharaman’s family including her daughter Parakala Vangmayi arrive in Parliament. (ANI photo)
Finance Minister Nirmala Sitharaman’s family including her daughter Parakala Vangmayi arrive in Parliament. (ANI photo)

Budget 2020: Nirmala Sitharaman’s daughter in Parliament to hear her speak

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON FEB 01, 2020 11:18 AM IST
Last year, her parents—Savitri and Narayanan Sitharaman—came to Parliament to listen to their daughter’s speech. Nirmala Sitharaman’s father was an employee of the Indian Railways and the family is from Tamil Nadu.

Union Budget 2020 highlights| All tax exemptions will be removed gradually: Nirmala Sitharaman

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON FEB 01, 2020 08:25 PM IST

Union finance minister Nirmala Sitharaman presented the annual Budget 2020 in the Parliament on Saturday. She said that the budget was focused on three themes — aspirational India, economic development for all and caring society. The reduction in income tax rates remained the highlight of Sitharaman’s budget speech. In the new I-T regime, those earning between Rs 5 lakh and 7.5 lakh, will now pay 10% as personal income tax as against the prevailing 20%. Among other key measures the government said it would spend Rs 99,300 crore on skill development. She also announced reduction corporate taxes and vowed to make India a preferred investment destination. Follow live updates from the Union Budget 2020 here:

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HT Image

Construction work starts at IIM Amritsar, campus to ready within 3 years

Hindustan Times, Chandigarh | By HT Correspondent, Amritsar
PUBLISHED ON OCT 07, 2019 11:15 PM IST
Domestic manufacturers of newsprint had welcomed the move to impose duty, pointing out how it would help indigenous production.(AFP FILE/ Representative Image)
Domestic manufacturers of newsprint had welcomed the move to impose duty, pointing out how it would help indigenous production.(AFP FILE/ Representative Image)

Remove 10% customs on newsprint: INS to govt

New Delhi | By HT Correspondent
UPDATED ON JUL 27, 2019 02:08 PM IST
The duty was announced by Union finance minister Nirmala Sitharaman during the budget speech on July 5.
Union finance minister Nirmala Sitharaman(PTI)
Union finance minister Nirmala Sitharaman(PTI)

Sovereign foreign borrowing is a bold move

By Ila Patnaik
UPDATED ON JUL 12, 2019 08:33 AM IST
It is in India’s national interest to produce good quality data and stick to fiscal discipline and inflation targets .
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