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Income Tax department

Modi govt says it’s within its rights to make tax announcements in interim budget

If govt thinks there's a pressing issue, it's perfectly legitimate to make tax announcements in interim budget, says economic affairs secretary Subhash Garg.

RBI’s think tank wants govt to form independent body to verify official data

Assumptions for economic growth & deficits made in the interim budget are subject to much debate, CAFRAL director Amartya Lahiri says.
Rajya Sabha during the Budget Session of Parliament | PTI

Parliament passes Finance Bill on last day of budget session without debate

The interim budget, Appropriation Bills and Finance Bill were passed by a voice vote in the Upper House.
Representational image | Dhiraj Singh/Bloomberg

Student leaders from JNU, AISA to march in protest over lack of jobs

The students have accused the government of being silent on jobs in the interim budget, and will march from the Red Fort to Parliament.
Ajay Bhushan Pandey, CEO of UIDAI

Tax rebate in interim budget to give relief & certainty to middle class: Revenue secretary

In an exclusive interview to ThePrint, Ajay Bhushan Pandey says Modi govt tried to present a balanced budget keeping in mind the financial implications. 
Narendra Modi

People sitting in air-conditioned rooms do not know what Rs 6,000 means for poor farmer, says PM Modi

The Centre has announced direct income support of Rs 6,000 per year to those holding cultivable land up to two hectare.

Modi’s ‘Achche Din’ 2.0 as Piyush Goyal ‘baits’ middle class with tax rebate

The best cartoons of the day, chosen by editors at ThePrint.
Finance minister Piyush Goyal holds up the briefcase which contains the interim budget presentation

Interim budget allocates over Rs 240 crore for civil servants’ training in India & abroad

The money has been allocated to the Department of Personnel and Training for augmenting necessary infrastructure for the same.  New Delhi: Over Rs 240 crore was allocated to the Personnel Ministry for domestic and foreign training of bureaucrats and augmenting necessary infrastructure during the next fiscal, according to the interim Budget presented by Finance Minister Piyush Goyal on Friday. Of the total allocation of Rs 241.81 crore for 2019-20, which is about 24 per cent more than the revised allocation of Rs 194.76 crore for the ongoing fiscal, Rs 79.06 crore was earmarked for the ministry to meet establishment-related expenditure of the Delhi-based Institute of Secretariat Training and Management (ISTM) and the Lal Bahadur Shastri National Academy of Administration (LBSNAA) in Mussoorie. Both the ISTM and LBSNAA conduct several training programmes for Indian Administrative Service (IAS) officers and all other levels of secretarial functionaries with exposure to rules, regulations and aptitude. Under a...

Full budget or interim budget, what’s in a name?

The Modi govt is rumoured to be presenting a 6th ‘full’ Budget instead of an interim one that is the norm in election years. There is a clear difference.
Representational image

India’s ‘animal spirits’ subside as falling demand hits the economy

The indicator, compiled by Bloomberg, reflects a pullback in new orders & business activity, as well as easing inflationary pressures.

On Camera

ram madhav

Why does the Right-wing want to ‘occupy’ Delhi’s liberal hotspot Khan Market?

BJP's Ram Madhav took party workers to Khan Market to celebrate the Lok Sabha victory to assert the "new political ideology and culture".

Defence

An AN-32 aircraft of the Indian Air Force

IAF workhorse AN-32 gets a fuel that’s green and creates jobs for tribals

The IAF will now run its AN-32 transport aircraft on a blended bio-fuel partly derived from trees. It plans to widen the experiment over the next two years.
Graphic by Soham Sen | ThePrint

Modi era begins in politics as caste factor fades. Here’s why he won’t be easy to beat

BJP's Mandir politics has subsumed Mandal under Modi-Shah and created a pan-Hindu vote. Modi's challenger has to invent a new politics.