Budget News

Rajya Sabha passes interim budget without debate

The 13-day Budget session was a washout in the Rajya Sabha as Opposition parties stalled proceedings daily over issues ranging from Rafale fighter jet deal to Citizenship Bill.

Budget 2019 Personal Finance Highlights: Income tax rebate for those earning under Rs 5 lakh, other benefits

Here are the income tax rebates and new exemptions announced in the Interim Budget


Savarkundla Municipality: Congress fails to pass budget after party members oppose

The 36-member general board of the Savarkundla municipality met on Monday to discuss the budget. However, six Congress corporators protested when two items relating to the accounts of revenue and expenditure were taken up for discussion.

Across the aisle: The hole in the budget

The National Health Protection Scheme is entirely unfunded. If it is a jumla (akin to the announcement in Budget 2016-17), there is nothing to worry. But if the government rolls out the scheme in 2018-19 and buys insurance for the beneficiaries, it has to spend money. Estimates vary from an optimistic Rs 11,000 crore to a realistic Rs 1,00,000 crore.

Parliament Budget session highlights: Both houses adjourned after protests over PNB scam

Parliament Budget Session 2018 highlights: PNB fraud case, unemployment, Rafale deal and the arrest of Karti Chidambaram are likely to be issues the Opposition will raise in the House. Get the latest updates here.

Healthcare scheme a jumla, Jaitley also admitted no allocation in Budget for it: Chidambaram

Chidambaram tweeted, "Yesterday, I had said that the new HEALTH CARE SCHEME is a jumla with no money provided in the budget. Today, FM has admitted that no money has been provided and he will 'raise money in the future'. Perfect jumla."


Budget 2018 highlights - Infrastructure sector

The finance ministry also allocated a sum of Rs 73.31 crore as grants-in-aid to Airports Authority of India as reimbursement of expenditure already done for development of Pakyong airport in Sikkim, which borders China.

From the Mauryas to the British: Budget allocation, revenues and taxes in Indian history

On the day Arun Jaitley tabled the Narendra Modi-led government’s budget, we take a look at how ruling dynasties like the Mauryas, Khaljis, Mughals or the British have been recorded in the pages of history for achievements they made in the economy of the territory they ruled.

Union Budget 2018-19: Arun Jaitley has tough task to choose between populism, fiscal prudence

The Budget may see new rural schemes and stepping up of funding towards existing programmes like MNREGA, rural housing, irrigation projects and crop insurance.

Budget expectations, telecom sector: Industry seeks relief under GST, import levies

The Cellular Operators Association of India has sought reduction in GST applicable on telecom services and also to drop the tax withholding rate to 1 per cent over the discount that telecom companies provide to distributors for the sale of prepaid SIM cards.

Budget Photos

Arun Jaitley presents Union Budget 2018-19

This is the last full Budget of the government led by Prime Minister Narendra Modi before the country goes to polls in 2019.

Stormy start to Budget Session as govt introduces land bill

Government introduces land acquisition bill in Lok Sabha, opposition stages walk-out.


Budget 2014: What it means for common man

53.7% 403 of 750 families in Katra Sadatganj have no access to toilets and defecate in the open, according to NGO Sulabh International’s UP head Avinash Kumar.

Budget Videos

Explained: Here's how the Modi govt budgeted for elections

Budget 2019: Indian Express Rural Affairs Editor Harish Damodaran and Consulting Editor Shaji Vikraman take a deep dive and explain fine prints of the Union Budget presented by Finance Minister Piyush Goyal in Lok Sabha today.

Budget 2019: What has the Modi government done to solve farmers' problems?

Ajay Kakra, Director - Food and Agriculture, PWC lists what has been done for farmers by the Modi government so far to solve their problems.


Budget 2019: How the Modi government is expected to make farmers happy

Ajay Kakra, Director - Food and Agriculture, PWC explains what is expected in a package for farmers that is expected to be announced in Budget 2019.

To boost Make in India, Budget 2019 shouldn't raise customs duties

Saloni Roy, Senior Director, Deloitte India (Indirect Tax) says that measures other than customs duties should be used to provide a boost to the Make in India campaign.

Budget 2019: India shouldn't take protectionist steps like raising customs duties

Saloni Roy, Senior Director, Deloitte India (Indirect Tax) says that she hopes that India won't raise customs duties in the Vote on Account on February 1 since it would mean taking a more protectionist stance.

Budget 2019 may not make many changes to customs duties

Description:Saloni Roy, Senior Director, Deloitte India (Indirect Tax) says that not many changes are expected to be announced in customs duties since it is a Vote on Account.


Budget 2019 could give tax reliefs to make it popular

Poorva Prakash, Senior Director, Deloitte India, says that the upcoming Vote on Account could give multiple personal tax concessions in order to make it a popular. She explains what can be expected on February 1.

Budget 2019 could give tax breaks for home buyers, rented properties

Poorva Prakash, Senior Director, Deloitte India, explains what can be expected in the upcoming Vote on Account to make it a populist one.

Budget 2019 could raise basic tax exemption limit to Rs 3 lakh

Poorva Prakash, Senior Director, Deloitte India, explains that as a trend Finance Ministers don't make any major personal tax changes in a Vote on Account. However, she expects the Finance Minister to lay a roadmap for tax sops in this.