Former Vice Chairman of Niti Aayog rejects Budget proposal to tax super-rich

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.

Status-quoist budget lacks structural reforms: former Finance Minister P Chidambaram

Former Finance Minister and senior Congress leader P Chidambaram on Monday slammed the NDA government for its “status-quoist” Budget which

Is squeezing taxpayers the way to revive India’s economy?

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.

Shashi Tharoor uses cricket slang to criticize Union Budget 2019

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.

FICCI, CII laud budget for clear action plan towards a $5 trillion economy

With upscaling infrastructure investments to Rs 100 lakh crore over the next five years and measures to rejuvenate the rural and urban economy

Government pushes for FDI in aviation, media and insurance

In order to make India more a more attractive destination for investment, the Indian government is considering relaxing the FDI rules.

Budget 2019: India gives impetus to women entrepreneurship

India’s first women finance minister after decades Nirmala Sitharaman’s first budget mentions women empowerment through women-led initiatives.

Budget 2019: Direct tax revenue increases by 78 pc

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 Budget 2019: Schemes like ‘Sagarmala’ & ‘UDAN’ are bridging rural, urban divide, says Sitharaman

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.

Union Budget 2019: It will fulfill expectations of 21st century India, says PM Modi

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.