[

union budget

]
Shatrughan Sinha has expressed his opinions about the Union Budget 2021.

Shatrughan Sinha isn't pleased about film industry being ignored in Union Budget

UPDATED ON FEB 01, 2021 09:27 PM IST
  • Actor-politician Shatrughan Sinha has said that the Centre hasn't 'bothered' about the film industry, which is struggling to revive itself after Covid-19-induced shutdowns.
Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman along with the Minister of State for Finance and Corporate Affairs, Anurag Singh Thakur leave from Ministry of Finance to present the Union Budget 2021-22 in the Parliament, in New Delhi.(PTI)
Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman along with the Minister of State for Finance and Corporate Affairs, Anurag Singh Thakur leave from Ministry of Finance to present the Union Budget 2021-22 in the Parliament, in New Delhi.(PTI)

Union Budget 2021: Sitharaman projects fiscal deficit in 2021-22 at 6.8%

By hindustantimes.com | Edited by Mallika Soni
UPDATED ON FEB 01, 2021 01:20 PM IST
The figures show the damage to the economy caused by the coronavirus pandemic as the government revenues have dipped severely which has led to sharp rise in deficit and market borrowing.
Gita Gopinath pointed out that India has relied heavily on indirect support measures, including loans, equity and credit guarantees during the pandemic.(Bloomberg)
Gita Gopinath pointed out that India has relied heavily on indirect support measures, including loans, equity and credit guarantees during the pandemic.(Bloomberg)

Gita Gopinath cautions against tightening of policy support amid pandemic

PTI |
PUBLISHED ON JAN 28, 2021 10:32 PM IST
"It would be damaging (for India) to start tightening of policy support in the midst of the pandemic," the chief economist of the Washington-based global financial institution said. Noting that India's debt-to-GDP ratio has gone up to 85 per cent, she said the country's banking sector is vulnerable.
The 7.7% contraction, if it materialises,would mark India’s worst economic performance since 1961-62, the earliest period for which GDP data is available on the website of the Centre for Monitoring Indian Economy (CMIE).
The 7.7% contraction, if it materialises,would mark India’s worst economic performance since 1961-62, the earliest period for which GDP data is available on the website of the Centre for Monitoring Indian Economy (CMIE).

GDP projected to shrink 7.7% this fiscal: Advanced estimate

Hindustan Times, New Delhi | By Roshan Kishore and Rajeev Jayaswal
UPDATED ON JAN 08, 2021 12:38 AM IST
Nominal GDP, which is the base for revenue projections in the budget, is expected to contract by 4.2%. 2020-21 The Union Budget had projected nominal GDP growth of 10%.
All eyes will be on this year’s Budget which will be the government’s first Budget after the pandemic. (HT Photo)
All eyes will be on this year’s Budget which will be the government’s first Budget after the pandemic. (HT Photo)

Budget Session likely from January 29, Union Budget on February 1

Hindustan Times, New Delhi | By hindustantimes.com | Edited by Poulomi Ghosh
UPDATED ON JAN 05, 2021 07:39 PM IST
The final decision on the commencement of the session will be taken by the Union Cabinet.
(PTI File photo)
(PTI File photo)

Indian markets kick-start New Year at a record high

Livemint | By Nasrin Sultana
UPDATED ON JAN 02, 2021 03:54 AM IST
The markets momentum seen in the last couple of months is likely to continue on strong global cues, sustained foreign inflows, and improving macros trends.
Union finance minister Nirmala Sitharaman chairing the pre-budget consultations, New Delhi, December 17(ANI)
Union finance minister Nirmala Sitharaman chairing the pre-budget consultations, New Delhi, December 17(ANI)

Now over to the Union budget

PUBLISHED ON DEC 25, 2020 05:19 PM IST
The economy will pick up this fiscal year, but it must be on a sustainable path
Earlier, Sitharaman had held pre-Budget consultations with stakeholders of the social sector and top industrialists.(PTI)
Earlier, Sitharaman had held pre-Budget consultations with stakeholders of the social sector and top industrialists.(PTI)

FM holds pre-budget consultations with captains of industry, services

New Delhi | By Asian News International | Posted by Nilavro Ghosh
PUBLISHED ON DEC 19, 2020 12:55 PM IST
Apart from Sitharaman, Finance Secretary Dr AB Pandey, Expenditure Secretary TV Somanathan, DEA Secretary Tarun Bajaj and Chief Economic Advisor KV Subramanian were also present in the meeting held here.
Merchandise exports last month slumped by almost 8.7% to $23.5 billion against $25.77 billion in November 2019.(Bloomberg File Photo)
Merchandise exports last month slumped by almost 8.7% to $23.5 billion against $25.77 billion in November 2019.(Bloomberg File Photo)

Traders vie for export boost and tax breaks

Mint, Mumbai | By Tanya Thomas
PUBLISHED ON DEC 18, 2020 12:51 AM IST
Recent trade data backs the call for a government boost. With renewed curbs imposed by some trading partners causing exports to falter, India’s trade deficit rose to a 10-month high of $9.9 billion in November.
In the Union budget presented on February 1, finance minister Nirmala Sitharaman had announced the scheme that aimed to resolve legacy disputes involving direct taxes.(Representational Image)
In the Union budget presented on February 1, finance minister Nirmala Sitharaman had announced the scheme that aimed to resolve legacy disputes involving direct taxes.(Representational Image)

Over 48K entities declared Rs1.32 lakh crore under ‘Vivad se Vishwas’ tax amnesty scheme

Hindustan Times, New Delhi | By Rajeev Jayaswal
UPDATED ON NOV 20, 2020 08:19 AM IST
As on November 17, the government has already received Rs72,480 crore from these entities as settlement proceeds, and the amount is expected to go up significantly before the extended deadline of December 31
Finance minister Nirmala Sitharaman refused to get into a guessing game on this year’s GDP.(PTI File Photo)
Finance minister Nirmala Sitharaman refused to get into a guessing game on this year’s GDP.(PTI File Photo)

Not being risk-averse in face of Covid-19 crisis: FM Nirmala Sitharaman

Hindustan Times, New Delhi | By R Sukumar
UPDATED ON SEP 29, 2020 04:58 AM IST
Nirmala Sitharaman said that while the decline in GDP in the first quarter of 2020-21, at 23.9%, has been substantial, she does not want to conclude anything about the entire year’s number just yet.
A shopkeeper sprays disinfectant on currency notes of a customer after buying liquor from a wine shop at Chander Nagar in East Delhi.(PTI)
A shopkeeper sprays disinfectant on currency notes of a customer after buying liquor from a wine shop at Chander Nagar in East Delhi.(PTI)

The Indian economy, in three time horizons

Hindustan Times, New Delhi | By Roshan Kishore
UPDATED ON SEP 01, 2020 04:00 AM IST
GDP growth declined continuously for eight quarters except an 8 basis point blip between December 2018 and March 2019.
A man wearing a protective face mask walks past a labourer resting on a handcart in a closed wholesale market in West Bengal.(REUTERS)
A man wearing a protective face mask walks past a labourer resting on a handcart in a closed wholesale market in West Bengal.(REUTERS)

India’s economy was facing worst-ever deceleration before Covid-19 hit

Hindustan Times, New Delhi | By Roshan Kishore
UPDATED ON SEP 01, 2020 04:00 PM IST
Even before the full force of the pandemic hit India (which was really in April-June quarter in terms of livelihoods; and July onwards in terms of lives with both cases and deaths rising), the slowdown was already worse than the one the Indian economy went through in 2011-12.
With a view to encouraging wider participation and retail holding of government securities, retail investors are allowed participation on “non-competitive” basis in select auctions of dated Government of India securities and Treasury Bills.(REUTERS)
With a view to encouraging wider participation and retail holding of government securities, retail investors are allowed participation on “non-competitive” basis in select auctions of dated Government of India securities and Treasury Bills.(REUTERS)

RBI to sell 3 government securities totalling Rs 30,000 crore

Mumbai | By Press Trust of India| Posted by Susmita Pakrasi
PUBLISHED ON AUG 21, 2020 06:45 AM IST
The auction will be a multiple price-based auction -- successful bids will get accepted at their respective quoted price for the security.
The government had budgeted Rs 60,000 crore as dividends from RBI and state-run banks and financial institutions, according to the Union Budget 2020-21.
The government had budgeted Rs 60,000 crore as dividends from RBI and state-run banks and financial institutions, according to the Union Budget 2020-21.

RBI okays Rs 57,128-crore dividend to govt

Mumbai | By Gopika Gopakumar
PUBLISHED ON AUG 15, 2020 02:48 AM IST
The board also approved the Annual Report and accounts of RBI for the year 2019-20, said the central bank in its notification.
The RBI had transferred Rs1.76 lakh crore to the central exchequer for the year to June 2019.(Mint)
The RBI had transferred Rs1.76 lakh crore to the central exchequer for the year to June 2019.(Mint)

RBI board to meet on Aug 14 on dividend

Livemint | By Gopika Gopakumar and Asit Ranjan Mishra
UPDATED ON AUG 04, 2020 06:50 AM IST
The government has budgeted Rs60,000 crore as dividends from Reserve Bank of India and state-run banks and financial institutions, according to the Union Budget 2020-21.
Often the issue of mental health, especially for women, slips through the cracks(Getty Images)
Often the issue of mental health, especially for women, slips through the cracks(Getty Images)

Ensure mental health care is a top priority | Opinion

UPDATED ON JUL 12, 2020 05:38 AM IST
The coronavirus has occasioned a rethink in our health care systems and infrastructure in general. It is now time to put mental health into the mix and prepare for the future which will bring many more challenges on this front
The Central government in February had allocated ₹1,426 crore to PGIMER in its Union budget, ₹724 crore less than what it had sought.(HT Photo)
The Central government in February had allocated ₹1,426 crore to PGIMER in its Union budget, ₹724 crore less than what it had sought.(HT Photo)

PGIMER seeks 485 crore from Centre under supplementary budget grant

By Amanjeet Singh Salyal
UPDATED ON JUL 06, 2020 10:32 PM IST
The institute is also not likely to generate estimated revenues of 150 crore for this financial year because of partial closure of medical services.
A railway employee talks on the phone inside an empty train compartment after railway services were shutdown by the authorities to limit the spread of the coronavirus disease (COVID-19) in Mumbai, March 23, 2020(REUTERS)
A railway employee talks on the phone inside an empty train compartment after railway services were shutdown by the authorities to limit the spread of the coronavirus disease (COVID-19) in Mumbai, March 23, 2020(REUTERS)

The crumbling of India’s economy

By Maitreesh Ghatak
PUBLISHED ON MAR 24, 2020 04:57 PM IST
Economic relationships, supply and demand will be hit severely. Go in for direct income transfer
The HRD official, in his letter, said that if mid-day meals are not being provided on any day due to any reason, the state governments should pay the food security allowance.(AFP)
The HRD official, in his letter, said that if mid-day meals are not being provided on any day due to any reason, the state governments should pay the food security allowance.(AFP)

‘Provide meals or give food allowance to kids’: MHRD amid coronavirus outbreak

New Delhi, Hindustan Times | By Amandeep Shukla
PUBLISHED ON MAR 21, 2020 01:34 AM IST
In a letter to all state governments, R C Meena, Joint Secretary in the HRD ministry, has said that students in schools, training centres and madrasas are provided one hot cooked meal under the scheme everyday.
The draft Defence Procurement Procedure (DPP)-2020, made public by defence minister Rajnath Singh, has also introduced a new provision --- the ‘Global-Manufacture in India’ category.(Representative Image)(PTI)
The draft Defence Procurement Procedure (DPP)-2020, made public by defence minister Rajnath Singh, has also introduced a new provision --- the ‘Global-Manufacture in India’ category.(Representative Image)(PTI)

Draft of policy to lease military hardware unveiled

New Delhi, Hindustan Times | By Rahul Singh
UPDATED ON MAR 21, 2020 03:34 AM IST
Another key proposal in the draft DPP relates to increasing the indigenous content in weapons and systems being bought by 10% to boost the Make in India initiative.
Participants demonstrate asanas during a Fit India programme.(PTI)
Participants demonstrate asanas during a Fit India programme.(PTI)

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.
There is an urgent need to adopt modern public finance management systems(Samir Jana / Hndustan Times)
There is an urgent need to adopt modern public finance management systems(Samir Jana / Hndustan Times)

The states are financially squeezed | Opinion

By Yamini Aiyar
UPDATED ON MAY 15, 2020 02:39 PM IST
The Centre’s budget arithmetic and delays in fund transfers are pushing them towards a fiscal crisis
Ministry of Corporate Affairs (MCA) in the affidavit said the DEA had opined that if IL&FS group collapses, the Indian economy may have to face repercussions as redemption pressure would continue.(Aniruddha Chowdhury/Mint)
Ministry of Corporate Affairs (MCA) in the affidavit said the DEA had opined that if IL&FS group collapses, the Indian economy may have to face repercussions as redemption pressure would continue.(Aniruddha Chowdhury/Mint)

DEA had red flagged possible risks over IL&FS crisis in 2018

New Delhi | By Press Trust of India
PUBLISHED ON FEB 16, 2020 09:53 PM IST
Immediately after that, the MCA had moved the National Company Law Tribunal to take over the management of IL&FS, which had a debt exposure of over Rs 91,000 crore.
Union Finance Minister Nirmala Sitharaman addresses a press conference on Budget 2020, in Hyderabad on Sunday, Feb 16, 2020.(ANI)
Union Finance Minister Nirmala Sitharaman addresses a press conference on Budget 2020, in Hyderabad on Sunday, Feb 16, 2020.(ANI)

‘No time frame set by govt to remove all income tax exemptions’: Nirmala Sitharaman

Hyderabad | By Press Trust of India
UPDATED ON SEP 18, 2020 03:50 PM IST
Addressing a post-budget press conference on February 1, Sitharaman had said the government intended to remove all I-T exemptions in the long run.
In the Union budget presented on February 1, finance minister Nirmala Sitharaman announced the new scheme to resolve direct tax disputes.(PTI File Photo)
In the Union budget presented on February 1, finance minister Nirmala Sitharaman announced the new scheme to resolve direct tax disputes.(PTI File Photo)

Tax department to settle all legacy disputes without overreach

Hindustan Times, New Delhi | By Rajeev Jayaswal
UPDATED ON FEB 16, 2020 05:11 AM IST
Under the Vivad se Vishwas scheme, announced by FM Nirmala Sitharamn in the Union Budget presented on Feb 1, penalty and interest will be waived if the disputed amount is paid before March 31, 2020.
The proposal was moved at the 582nd meeting of its Central Board of Directors in New Delhi that also witnessed a customary post-budget address by the finance minister Nirmala Sitharaman.(SONU MEHTA/HT PHOTO.)
The proposal was moved at the 582nd meeting of its Central Board of Directors in New Delhi that also witnessed a customary post-budget address by the finance minister Nirmala Sitharaman.(SONU MEHTA/HT PHOTO.)

RBI proposes changing financial year to help surplus transfer to Centre

Hindustan Times, New Delhi | By Rajeev Jayaswal
UPDATED ON FEB 15, 2020 09:41 PM IST
The decision to align RBI’s financial year with government’s fiscal year is in sync with recommendations of the Bimal Jalan Committee report, two officials with direct knowledge of the matter said.
SBI Chairman Rajnish Kumar on Saturday said banks will “have to pay the price” in case any telecom firm files for bankruptcy(Bloomberg)
SBI Chairman Rajnish Kumar on Saturday said banks will “have to pay the price” in case any telecom firm files for bankruptcy(Bloomberg)

Banks will have to pay price if any telco files for bankruptcy: SBI Chairman

New Delhi | By Press Trust of India
UPDATED ON FEB 15, 2020 11:48 PM IST
The chief of the country’s largest lender State Bank of India (SBI) said it is in the “wait-and-watch mode” and the onus of ensuring telecom companies’ compliance with the Supreme Court order lies with the Department of Telecommunications (DoT) under the government.
Eighty per cent of income tax filers will not be impacted by the new structure and another 15% will not see any significant savings benefits(Mohd Zakir/HT PHOTO)
Eighty per cent of income tax filers will not be impacted by the new structure and another 15% will not see any significant savings benefits(Mohd Zakir/HT PHOTO)

The new IT structure won’t have an impact on the majority of taxpayers

By Praveen Chakravarty
UPDATED ON FEB 14, 2020 06:49 PM IST
A careful analysis of data disproves the claim that 70% taxpayers will benefit from the dual system
Finance Minister Nirmala Sitharaman during a meeting at NITI Aayog, in New Delhi.(PTI)
Finance Minister Nirmala Sitharaman during a meeting at NITI Aayog, in New Delhi.(PTI)

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.
SHARE
  • 1
  • 2
  • 3
  • ...
Story Saved