Former Vice Chairman of Niti Aayog Arvind Panagariya on Tuesday said that India must encourage wealth creation by lowering income tax rates and surcharge if it aspires to become a five trillion dollar economy in the next five years.
Former Finance Minister and senior Congress leader P Chidambaram on Monday slammed the NDA government for its “status-quoist” Budget which
With an economy in disarray, the budget highlights an effort to rack up resources and tackle the fiscal deficit by hiking taxes – and it squeezes the honest salaried taxpayer.
Using cricketing analogies to criticize the Union Budget, Congress leader Shashi Tharoor on Monday stated that the financial statement had unnecessary defensive strokes, dropped catches and was marred with no-balls instead of bold boundaries.
With upscaling infrastructure investments to Rs 100 lakh crore over the next five years and measures to rejuvenate the rural and urban economy
In order to make India more a more attractive destination for investment, the Indian government is considering relaxing the FDI rules.
India’s first women finance minister after decades Nirmala Sitharaman’s first budget mentions women empowerment through women-led initiatives.
The direct tax revenue has significantly increased by over 78 per cent from Rs 6.38 lakh crore in 2013-14 to about Rs 11.37 lakh crore in last five years, Finance Minister Nirmala Sitharaman said on Friday.
Union Finance Minister Nirmala Sitharaman presented the budget for 2019-2020 in the national capital today. While addressing at the Lok Sabha, Nirmala Sitharaman said, ìWe don’t look down upon legitimate profit earning. Gone are the days of policy paralysis and license quota control regime.
Prime Minister Narendra Modi lauded Union Finance Minister Nirmala Sitharaman for presenting a ‘citizen friendly’ Union Budget, and said the budget is of ‘hope’ which would fulfill the expectations of the 21st century India.