What would you like the finance minister to do in this Budget? Tell him.
Presenting the Budget for 2019-20 in the Lok Sabha, Finance Minister Piyush Goyal also said Rs 35,000 crore has been given under the One Rank One Pension scheme in the last three years.
The Union minister asked Gandhi to "follow the law "and secure acquittal from a higher court.
'We need to look beyond the current approach'.
Divestment also was not covered. One would have expected divestment to be a major instrument for raising fund for various projects, as was the case in the last 3-4 budgets but we did not see it at all.
Finance firms in these SEZs likely to get tax breaks.
Buoyed by about 19 per cent jump in tax collection, the government may further moderate taxes in the Budget with the Economic Survey on Monday prescribing a tax reform mantra to unburden India Inc.
'... and without necessarily calling them Economic Surveys.' 'One should stick to the main focus, which is to give people a good perspective on how the economy is doing.'
Besides advancing the presentation of the Budget to perhaps the first week of January, , there are four new initiatives that could be rolled out from the next Budget, says A K Bhattacharya.
The BJP's challenge is whether it can again deflate a Congress, which now looks reinvigorated and has adopted sharper messaging around its 'guarantees', and several regional parties, especially in Bihar, Maharashtra and West Bengal.
While the Congress will go on fast on April 9, BJP MPs will go on a day-long fast on April 9.
While the market for satellite broadband currently is small, the potential is large as an estimated 30 per cent of the country does not have reliable terrestrial broadband services.
The legislation was passed by 125 votes in favour and 61 against.
Accelerated development of highways will be taken up with 2,500 km access controlled highways and 9,000 km of economic corridor. In addition, there will be 2,000 km each of strategic highway projects and port connectivity projects, she said.
The Budget session of the Parliament would be adjourned sine die on March 24. The session would be resumed on May 23 and will continue till June 8.
"Religious festivals seem to have become occasions to intimidate and bully others -- a far cry from when they were occasions for joy and celebration. Instead, there is intimidation and discrimination only on account of their religion, food, caste, gender or language," Gandhi said.
In his speech in the Lok Sabha on February 7, Rahul made several allegations against the government over the Hindenburg-Adani row.
Law Minister Kiren Rijiju on Saturday invoked the constitutional 'Lakshman Rekha' guiding different institutions, including the executive and the judiciary, and wondered that if judges become part of administrative appointments, who would carry out judicial work.
IMF's Chief Economist Gita Gopinath on Thursday said it would be damaging for India to start tightening policy support in the midst of the COVID-19 pandemic and also stressed on reducing wasteful expenditures in the upcoming Budget. Delivering NCAER's '9th C D Deshmukh Lecture' virtually, Gopinath said there is scope for the Indian government to provide more direct support to people.
To begin, the Budget has no doubt attempted to address uncertainty.
'In his 2014 election campaign, Mr Modi had boasted that he would apply the Gujarat model to the rest of India. We just have to ensure he doesn't start with Parliament,' says Shashi Tharoor in this fascinating excerpt from his new book, The Paradoxical Prime Minister: Narendra Modi And His India.
The CrPC (Identification) Bill empowers the police to obtain physical and biological samples of convicts and those accused of crimes while the DMC (Amendment) Bill, 2022 seeks to unify the three civic bodies in the national capital.
Recommending an end to all cesses and surcharges on taxes, and free pricing of fertiliser and fuel ahead of the Union Budget for 2009-10, the Economic Survey on Thursday suggested aggressive divestment and financial sector reforms to bring the economy back to high growth track.
What effect is the Budget going to have on your daily life? Find out how what's cheaper and what's costlier after the Budget.
What effect is the Budget going to have on your daily life? Find out how what's cheaper and what's costlier after the Budget.
'The Government of India should start a dialogue with the people of Ladakh, but the trouble is they are not willing to listen to our grievances.'
'The fiscal deficit target of 3.9 per cent of GDP seems achievable.'
The acrimony started when BJP member Sushil Modi demanded the removal of Union Minister Taslimuddin.
India has already become 7th largest economy of the world, he said, adding that it is expected to become 5th largest economy soon.
By partially rolling back the stimulus that was provided through fiscal incentives in the excise duties and by retaining the service tax at 10 per cent, we are primarily signalling that we are going back to a unified goods and services tax, says Sunil Mitra.
The industry's reactions to the Budget have been mixed.
A five-judge Constitution bench headed by Justice KM Joseph asked the mobile messaging app to give advertisement in five newspapers to publicise its undertaking given to the government.
Participating in the discussion on the Motion of Thanks on the President's Address to Parliament, senior Congress leader and party spokesman Abhishek Singhvi said in the Rajya Sabha that the economy has grown by over eight per cent in the last four years.
The divestment process, however, will not be an easy affair as there are multiple stakeholders, including the employee unions, whose concerns will have to be addressed.
Analysts were expecting the government to propose higher capital infusion for banks.
The CAG has pulled up the union government for adopting an erroneous process of devolution of IGST to states and short-transfer of cesses to reserve funds, which resulted in under-reporting of deficit figures for the 2017-18 and 2018-19 fiscals. The Integrated Goods and Services Tax (IGST), which is levied on inter-state sale of goods and services, is shared between the Centre and states in the 50:50 ratio. In its report on the union government accounts tabled in Parliament, the Comptroller and Auditor General of India (CAG) found that a sum of Rs 13,944 crore was left unapportioned and retained in the Consolidated Fund of India (CFI) in 2018-19, even though the amended IGST Act now provides for a process for ad-hoc apportionment of IGST.
The Bill could be introduced in Lok Sabha very soon.
The proposed commodity transaction tax of Rs 17 per lakh was part of the Union Budget 2008-09 that was approved by the Parliament in the last session and is yet to be notified. Asked about timeframe of notification, Pawar said, 'first you allow us to discuss and take a final view.'
'I think when he (Modi) apologises for statements like that, then all of us can apologise for saying the opposite abroad. I think this is the level of political discourse we ought to grow out of'
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