interim budget

interim budget News

Lok Sabha passes interim budget amid walk out by Congress, NCP

Accusing the Congress of betraying the nation by opposing government policies for the poor and farmers, interim Finance Minister Piyush Goyal on Monday said the people will never forgive it.

Interim Satisfaction

The new government may not back the allocations in the budget.


Government used President Kovind’s Budget Session address to lend credibility to false promises: Congress

Senior Congress leader Anand Sharma argued that while the government is making tall claims about employment generation, the President’s address did not have data or figures on the jobs created between 2014 to 2018.

Govt working to build New India, giving people hope: President Ram Nath Kovind

With the Lok Sabha elections due soon, the President’s speech offered an overview of the government’s policies but made no fresh promises. However, Kovind did say that the government was attempting to find “permanent solutions” to the problems faced by farmers.

Post defeat in state polls, will Modi betray norm and offer tax relief in Feb budget

As Prime Minister Narendra Modi’s government prepares to present its last spending plan on February 1 before the General Election, here's how India's interim budget works and a look at how the last three interim budgets panned out.

Government likely to rollback sops to auto industry

The UPA-II had reduced excise duty on small cars to 8 per cent, SUVs to 24 per cent.


No hike in amount earmarked for city, budget brings little cheer

The total amount allocated for 2014-15 is Rs 3543.25 crore as compared to Rs 3491 crore in 2013-14.

Auto excise sops to stay until Dec 31: FM

The Budget is scheduled to be presented on July 10 while the sops were coming to an end on June 30. The development puts an end to the uncertainty that was expected after the expiration of the deadline.

Excise duty concession on auto, consumer goods to continue: Arun Jaitley

The concessions were valid till June 30 and Finance Minister Arun Jaitley announced the extension till the year end.

No fresh funds for state-run banks in Budget: FinMin

Asked about a decision on the merger of State Bank of India subsidiaries, Sandhu said the government is examining the best way to go forward.

interim budget Videos

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.

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.

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.