Search For "union budget"
Cigarette and tobacco products to cost more
Updated : 6 years, 1 month ago IST
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.
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Govt abolishes DDT, pegs revenue loss at Rs 25,000 crore
Updated : 6 years, 1 month ago IST
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.
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Very balanced budget, prepares India to be $5 trillion economy: Piyush Goy
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): Commerce and Industry Minister Piyush Goyal on Saturday termed the Union Budget 2020-21 as "very balanced" and said it prepares India to be a USD 5 trillion economy.
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One of the worst in last decade: Akhilesh Yadav slams budget
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): Samajwadi Party chief Akhilesh Yadav on Saturday termed Union Budget 2020-21 as 'one of the worst budgets in the last decade' and said it holds 'nothing concrete' for youth and farmers.
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Govt took key steps in budget to make India US$ 5 trillion economy: Amit S
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): Union Home Minister Amit Shah on Saturday said that Prime Minister Narendra Modi led Central government has taken effective steps in the union budget to make India a US$ 5 trillion economy.
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Government allocates Rs 12,300 crores for Swachh Bharat Mission
Updated : 6 years, 1 month ago IST
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.
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MSMEs turnover threshold for audit increased five times to Rs 5 crore
Updated : 6 years, 1 month ago IST
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
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Govt wants to place money in hands of people, simplify income tax process:
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): Finance Minister Nirmala Sitharaman on Saturday said the government wants to simplify the income tax process, increase compliance and place money in the hands of people.
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Defence gets 6 percent hike, Rs 1.1 lakh crore for modernisation
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): The defence budget has been hiked by 6 per cent from Rs 3.18 lakh crore to Rs 3.37 lakh crore in the Union Budget 2020 presented by Finance Minister Nirmala Sitharaman on Saturday.
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Bloodbath on D-Street, budget fails to impress investors
Updated : 6 years, 1 month ago IST
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.
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Budget proposes wide-ranging facilitation measures in direct tax regime
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): The Union Budget 2020-21 has proposed a new scheme called 'Vivad Se Vishwas' (no dispute but trust) which aims at reducing litigations in the direct taxes payments.
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Union Budget will further strengthen economy: Yogi Adityanath
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): Uttar Pradesh Chief Minister Yogi Adityanath has lauded the Union Budget presented by Finance Minister Nirmala Sitharaman on Saturday in Lok Sabha and said that this budget will further strengthen the economy.
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