Former Prime Minister Indira Gandhi was the first and only women till now to have presented the Union Budget.
Mukherjee presented the Union Budget in the Parliament on Friday.
P Chidambaram was on Tuesday made the finance minister as Prime Minister Manmohan Singh undertook a minor reshuffle in portfolios in the Union Cabinet, necessitated by the exit of Pranab Mukherjee in June. According to the announcement, Power Minister Sushilkumar Shinde is the new home minister in place of Chidambaram.
Among those who submitted their respective ministry's suggestions was Minister of Urban Development S Jaipal Reddy who called on the finance minister in New Delhi on Tuesday.
Finance Minister Pranab Mukherjee and other finance ministry officials have reached the last leg of pre-Budget consultations.
With the tablet carefully kept inside a red cover with a golden-coloured national emblem embossed on it instead of the briefcase, Parliament will be her next destination after the call on President Droupadi Murmu at Rashtrapati Bhawan.
A look at things whose prices will change post Budget.
Mukherjee's family and relatives paid their last respects clad in PPE kits while conforming to COVID-19 safeguards.
During the last few years, finance ministers like P Chidambaram and Jaswant Singh limited their pre-Budget discussions to representatives from the industrialists' lobby, economists, farmers and trade unions. This time, Pranab Mukherjee has held exclusive meetings with exporters, the financial sector, electronics and information technology. He will also hold a meeting with the finance ministers of the states.
After reducing duties on petroleum products, the Centre has now asked the states to follow suit.
Finance Minister Pranab Mukherjee said this while presenting the Union Budget in the Parliament on Friday.
Presenting the Union Budget for the year 2012-13, the Finance Minister informed the Lower House of Parliament that the enrolments into the other system have already crossed 20 crore (200 million) and the Aadhaar numbers generated upto date has crossed 14 crore (140 million).
The first Unique Identification Card to citizens will roll out in 12-18 months.
At least a dozen Union ministers, including Prime Minister Manmohan Singh and Finance Minister Pranab Mukherjee, are abroad and some more are slated to be off to attend international conferences in the coming days.
Sitharaman, India's first full-time woman finance minister, had in July 2019 ditched the colonial legacy of a Budget briefcase for the traditional 'bahi-khata' to carry Union Budget papers.
Corporate America has urged India's Finance Minister to announce a bold Union Budget that would unleash the next generation of economic reforms and help the country realise its full growth potential.
Finance Minister Pranab Mukherjee has asked Communications Minister Andimuthu Raja to complete the auction of the third generation (3G) spectrum within the agreed deadline (February 15), so that the revenue from it can be reflected in the Union Budget for 2009-10. Mukherjee had earmarked Rs 30,000 crore as revenue from 3G auction, which has already been delayed by a year, in the Budget.
The prime minister's decision is reportedly a fallout of the 'hue and cry' created during his Washington visit over the 2G spectrum issue.
At the meeting, Gandhi described bills on Food Security and Women's Reservation as 'most important' legislative agenda of the government.
Finance Minister Pranab Mukherjee, while presenting the Union Budget in Lok Sabha on Friday, announced grant of project import status to 'Monorail projects for urban transport' at a concessional basic duty of 5 per cent.
Current account deficit in 2010-11 will be well below 3.0 per cent of GDP.
Finance Minister Pranab Mukherjee has done the right mix of moderation on the price front, Prime Minister Manmohan Singh said.
Financial expert Anil Rego feels that there is nothing much Union Budget 2012-13 offers to the taxpayers.
External Affiars and Finance Minister Pranab Mukherjee on Monday said the government cannot indulge in 'reckless borrowing' and did not have Parliamentary mandate to tweak taxes.
A uniform concessional basic duty of 5 per cent, CVD of 4 per cent with full exemption from special additional duty on all medial equipment are proposed doing away with a very complex import duty regime.
Pranab Mukherjee said the government proposes to move various legislative Bills related to financial sector reforms.
Finance Minister Pranab Mukherjee presented the Union Budget 2011-12 in Parliament on Monday. While the finance minister made the tax payers slightly happy by raising the exemption limit to Rs 180,000, he made many others unhappy.
In an hour-long chat on rediff.com on Wednesday, experts Vinay Mahajan and Devang Mehta offered some valuable tips.
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.
Amid the government's keenness to introduce Lokpal Bill in Parliament before the end of the winter session on December 22, the Union Cabinet on Sunday night had informal discussions on the much-hyped legislation which is expected to be taken up by the Cabinet formally on Monday.
In an interesting development, Finance Minister Pranab Mukherjee who is very much in the news these days would be travelling by a special plane to Udaipur, Rajsamand and Nathdwara temple in Rajasthan, accompanied by Union Road and Transport Minister C P Joshi for a one-day trip to the state on Saturday.
The Dravida Munnetra Kazhagam-Congress alliance appeared headed for a break with six Union Ministers of the regional party set to resign on Monday even as Finance Minister Pranab Mukherjee appealed to Tamil Nadu Chief Minister M Karunanidhi to reconsider his decision to pull out of the United Progressive Alliance government.
The Union Budget stepped up plan allocation for the health sector by 20 per cent with a focus on health insurance, which Finance Minister Pranab Mukherjee announced would be extended now to unorganised sector workers in hazardous mining and associated industries.
Railway Minister Mamata Banerjee will present the Rail Budget on July 1.
Former Union Minister and Bharatiya Janata Party official spokesperson Shahnawaz Hussain on Sunday said his party would disclose its strategy on Presidential elections only after the ruling United Progressive Alliance coalition announces name of its candidate.
The deadline set by anti-corruption crusader Anna Hazare for passing the Lokpal Bill is inching closer, but the government seems to be in no hurry. Sources in the government said that the Union Cabinet is unlikely to discuss the Lokpal Bill on Sunday.
The Opposition parties on Friday slammed the Union Budget presented by Finance Minister Pranab Mukherjee as "anti-people", "lacklustre" and one that would increase the financial burden on the common man.
Finance Minister Nirmala Sitharaman is set to create history when she presents her seventh straight Budget on Tuesday for the fiscal 2024-25, surpassing the record of former prime minister Morarji Desai. Sitharaman, who will turn 65 next month, was in 2019 appointed as India's first full-time woman finance minister when Prime Minister Narendra Modi won a decisive second term.
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