New Delhi [India], Feb 1 (ANI): The fiscal deficit target for next financial year beginning on April 1 has been pegged at 3.5 per cent of the gross domestic product (GDP), down from 3.8 per cent in the current fiscal 2019-20.
New Delhi [India], Feb 1 (ANI): Presenting the first Union Budget of the third decade of 21st century, Finance Minister Nirmala Sitharaman on Saturday unveiled a series of far-reaching reforms, aimed at energising the Indian economy through a combination of short-term, medium-term, and lo
New Delhi [India], Feb 1 (ANI) Union Finance Minister Nirmala Sitharaman on Saturday proposed setting up of a special cell for granting hassle-free clearances to young entrepreneurs starting fresh businesses.
New Delhi [India], Feb 1 (ANI): Union Budget 2020-21 empowers India, industry and individuals, said the Federation of Indian Chambers of Commerce and Industry on Saturday.
New Delhi [India], Feb 1 (ANI): A large number of items, including cigarette and tobacco products, will cost more due to hike in taxes following the presenting of the Union Budget 2020-21 by Finance Minister Nirmala Sitharaman.
New Delhi [India], Feb 1 (ANI): Finance Minister Nirmala Sitharaman on Saturday announced the abolition of dividend distribution tax (DDT), a move that will result in revenue foregone to the tune of Rs 25,000 crore.
New Delhi [India], Feb 1 (ANI): Commerce and Industry Minister Piyush Goyal on Saturday termed the Union Budget 2020-21 as "very balanced" and said it prepares India to be a USD 5 trillion economy.
New Delhi [India], Feb 1 (ANI): Samajwadi Party chief Akhilesh Yadav on Saturday termed Union Budget 2020-21 as 'one of the worst budgets in the last decade' and said it holds 'nothing concrete' for youth and farmers.
New Delhi [India], February 1 (ANI): Union Finance Minister Nirmala Sitharaman on Saturday announced that the government has allocated Rs 12,300 crores for Swachh Bharat Mission while presenting the Union Budget for the year 2020-21, according to an official press release.
New Delhi [India], Feb 1 (ANI): To reduce compliance burden on small retailers, traders, shop keepers who comprise the medium, small and micro enterprises (MSME) sector, the Union Budget has proposed to raise by five times the turnover threshold for audit from the existing Rs 1 crore to 5
Mumbai (Maharashtra) [India], Feb 1 (ANI): Stock markets witnessed a bloodbath during the special trading session on Saturday as traders resorted to short selling after Finance Minister Nirmala Sitharaman presented the Union Budget for 2020-21.