Union Budget 2020

New Delhi: The Union Budget for 2020 contains direct tax proposals in the Finance Bill to tax the retirement fund of an employee, which has been called a retrograde step by experts. The budget proposals seeks to limit the exemption of…

New Delhi: A day after the Budget, petrol and diesel prices were further cut on Sunday as international crude oil markets got hammered due to slump in demand because of coronavirus scare in China. The price of petrol was cut by 9 paise and…

Bhubaneswar: Chief Minister Naveen Patnaik gave mixed reaction on Union Budget-2020, which was presented in the Parliament today by Finance Minister Nirmala Sitharaman. CM has hailed the following initiatives that were presented in…

New Delhi: Railways has got a budgetary allocation of Rs 70,000 crore and the highest-ever outlay for capital expenditure amounting to Rs 1.61 lakh crore from Finance Minister Nirmala Sitharaman in the Union Budget for 2020-21 presented on…

Chennai: Union Finance Minister Nirmala Sitharaman has proposed a marginal increase of Rs 340 crore in the fund allocation for the Department of Space for 2020-21 over the previous fiscal in her budget presention on Saturday. According…

New Delhi, Feb 1: In a major rural push, the government has allocated a massive Rs 2.83 lakh crore for agriculture and allied sectors, as sought by the BJP in its pre-Budget meet with Finance Minister Nirmala Sitharaman on January 9. For…

New Delhi: India's medical devices industry on Friday welcomed Finance Minister Nirmala Sitharaman's move to impose a health cess of 5 percent on imports of specified medical equipment to give an impetus to the domestic industry and to…

New Delhi, Feb 1: Union Finance Minister Nirmala Sitharaman announced Rs 3,150 crore for the Culture Ministry this year, a Rs 108 crore rise from the previous budget. The ministry was allocated increased to Rs 3,042.35 crore for 2019-2020.…

New Delhi: Union Finance Minister Nirmala Sitharaman on Saturday allocated Rs 35,600 crores for nutrition related programs. While speaking in Parliament during the Budget session, she said that the Prime Minister's "Beti Bachao Beti…

New Delhi: In a major relief to middle class, Finance Minister Nirmala Sitharaman has proposed to cut income tax rates and change slabs to lower tax incidence for those earning upto Rs 15 lakh a year. The Minister has proposed a 10 per…