Thursday, 19 May, 2022
TopicBudget 2019

Topic: Budget 2019

Opposition slams interim budget as ‘jumblebaz manifesto’

Parties, including Congress, NCP and BSP, hit out at the Modi government for making populist promises to appease the public in an election year.

In Mumbai’s Sion, old neighbours recall Piyush Goyal the ‘gentle & studious boy’

Finance Minister Piyush Goyal, who presented his maiden budget Friday, spent his childhood in Mumbai's Sion.

Piyush Goyal presents vision for next decade in budget, lists 10 focus areas

From housing to infrastructure, finance minister Piyush Goyal laid the Modi government's vision to carry India forward till 2030.

Finance minister Piyush Goyal proposes to increase TDS on rent income to Rs 2.4 lakh

While presenting this year's budget, Piyush Goyal further proposed to exempt tax on notional rent for unsold units for two years.

Piyush Goyal’s historic tax relief gives purchasing power to middle class, says Jaitley

The relief in income tax effectively strengthens the great Indian middle class whose expansion of purchasing power holds the key for India’s future.

Can 2019 budget revive economy & win back note ban/GST-hit voters or too little, too late?

Acting Finance Minister Piyush Goyal delivered the 2019 interim budget Friday. The budget included several pre-poll promises such as income support for farmers, pension plans...

Modi govt gives Railways Rs 1.58 lakh crore in interim budget, the highest ever

Finance minister Piyush Goyal said 2018-2019 has been the safest for the Indian Railways and all unmanned level crossings on the broad gauge network were eliminated.

No other govt has announced such sweeping tax changes in interim budget

Changes to tax structure in Piyush Goyal's budget is unprecedented because an interim budget is only for a short period — for transition between two govts.

Sensex soars over 500 points as investors welcome tax exemptions, sops in Budget 2019

Market was bullish even though the government overshot the fiscal deficit target for the current financial year.

Loans worth Rs 7.23 lakh crore under Mudra scheme sanctioned under Mudra scheme

In the interim budget 2019 presentation, finance minister Piyush Goyal said more than 15 lakh loans were granted under the Mudra scheme, of which a majority of beneficiaries were women.

On Camera

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PT Pertamina Balongan refinery in Indramayu, Indonesia | Representational image | Bloomberg

Asian refiners to ramp up gasoline exports to US as sky-high prices beckon

In Asia, gasoline margins have doubled to more than $33 a barrel since the end of March and have edged above those for diesel, which have eased from a peak in early May.

Defence

File photo of a defence personnel armed with a SiG 716 rifle near the Line of Control | Photo: Snehesh Alex Philip | ThePrint

India to ink ‘repeat order’ deal for 73,000 SiG 716 rifles from the US

In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.
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