Union Railway Minister Lalu Prasad Yadav presented the Railway Budget for 2004-2005 in the Lok Sabha on Tuesday (July 6, 2004).
In line with the relief package for tea growers announced in the Interim Budget, Commerce Minister Arun Jaitley on Friday sought a three-point package including two per cent reduction in interest rate on Special Coffee Term Loans.
A great monsoon and the rising FII investment in Indian markets have contributed to the 'feel good' factor.
Finance Minister Jaswant Singh chose a newly refurbished hall in North Block to defend his announcements in a post-interim Budget interview.
Finance Minister Jaswant Singh while presenting the Interim Budget for fiscal 2004-05 in Parliament on Tuesday said 50 per cent of dearness allowance of the pay will be merged with basic salary of central government employees.
Finance Minister Jaswant Singh presents an interim Budget on Tuesday amidst mounting pressure from the Bharatiya Janata Party to hike income tax exemption limit to Rs 100,000 and to merge 50% of DA with basic pay of government employees.
Setting at rest speculations of an vote-on-account next year, Finance Minister Jaswant Singh on Friday said the government will present a 'full budget,' as the prime minister had made it clear that there would be no early Lok Sabha elections.
The IT modernisation project with this outlay was approved by Cabinet Committee of Economic Affairs in November 2012.
Agriculture credit is likely to exceed the target of Rs 7,00,000 crore while farm exports are expected to increase to over $45 billion in the current fiscal, Finance Minister P Chidambaram said today.
Finance Minister P Chidambaram on Wednesday said it was doubtful whether any key legislation, except for the vote-on-account, would be passed in the current session of Parliament.
If, as promised, the refunds are done within 24 hours it will obviate one of the biggest reasons that taxpayers distrust the tax department -- delayed refunds especially in cases of large refunds.
Jaitley, 66, has become 'very weak' as his health has deteriorated over the past few weeks, sources said, adding that he has developed some throat condition as well that prevents him from speaking for long.
Credit rating agency ICRA on Tuesday warned that fiscal deficit will cross 4.8 per cent of GDP during 2003-04, as it was projected by the government in the interim budget.
Finance Minister Arun Jaitley to discuss key issues with state finance ministers.
In a bonanza to its employees ahead of the ensuing Lok Sabha elections, the government on Friday decided to merge 50 per cent of dearness allowance with the basic pay
Here are the key highlights of the Interim Budget 2019-20 presented by Finance Minister Piyush Goyal in the Lok Sabha on Friday.
To give impetus to the real estate sector, Goyal proposed to extend the period of exemption from levy of tax on notional rent on unsold inventories from one year to two years.
Finance Minister Jaswant Singh on Tuesday projected a growth of 7.5-8 per cent for the fiscal 2003-04 in the face of strong economic fundamentals.
Finance Minister Jaswant Singh on Tueday presented the Interim Budget for 2004-05 in the Lok
'The target for next year is unlikely to be more than that of this year. The more you divest in any cycle, the less your potential pipeline for the next,' said an official. 'The first two issues we want to tackle and complete in FY20 are Air India and Hotel Ashok.'
He maintained it is not 'hope' but the 'fact' of a stable government provided by UPA and the numerous measures taken in the last 18 months that have provided stability and strength to the Indian economy.
In this year's budget, Finance Minister Nirmala Sitharaman hiked tax on petrol and diesel, raised import duty on gold, levied additional surcharge on super rich and brought a tax on high value cash withdrawals as she sought to spur growth with reduction in corporate tax and sops to housing sector, startups and electric vehicles.
The direct tax collections are likely to fall short of the revised Budget target by Rs 650 billion and, in fact, were Rs 150 billion lower than the original estimate for the fiscal
An analysis of the frequency of various watchwords in the finance minister's Budget speech shows that he was perhaps trying to hold on to his ideas without treading on anybody else's toes, says A K Bhattacharya.
India's current account deficit (CAD) will be contained at USD 45 billion this financial year, well below the record high level of 2012-13, Finance Minister P Chidambaram said on Monday.
The estimated market borrowing by these two companies during current fiscal were pegged at Rs 13,800 crore (Rs 138 billion) from markets, as per the interim Railway Budget for 2014-15 tabled in February.
The factory gate duty on SUVs stands at the reduced rate of 24 per cent as against 30 per cent.