Union Budget

Union Budget News

Square pegs, round holes

Possibly the most problematic aspect of evaluating the budget is the opaqueness of the underlying data.

Customs duty exemption on direct imports of specified goods for defence could be reinstated

The Defence Ministry has said that the duty be withdrawn as duty component was being paid out of the ministry’s budgetary allocation.


Chetan Bhagat tweets disclaimer for being an economics expert on Budget discussion panels

The Union Budget was presented by Finance Minister Arun Jaitley in Parliament today and everybody already has an opinion on it. Chetan Bhagat too was invited as expert to speak on it, but people on social media did not take that too well.

Irked with Budget, Andhra CM Chandrababu Naidu demands justice from PM Modi

The CM alleged that despite making several visits to the national capital and holding meetings with all concerned ministers, the allocation for Andhra Pradesh remain unchanged.

View From The Right: Focus on Kasganj

Organiser and Panchjanya have editorials and reports on the recent violence in Kasganj, Uttar Pradesh.

MSMEs to lead consolidation phase of economy, says Arun Jaitley

The Finance Minister also said the health of the sector is extremely vital to the economy and with a number of steps taken, there is an increased integration of the sector into the formal economy.


Union Budget 2018: Govt allocates Rs 1,014.09 crore for Northeast aviation infrastructure

Union Budget 2018: Around 40 per cent, or 129 of the 325 air routes awarded under the second phase of the regional connectivity scheme were for Northeastern and hill states.

NGO demands greater transparency in budgetary process

"Budgetary process in India is still non-transparent, non-participative with poor accessibility by citizenry," the NGO said in a press release.

Centre's initiative focusing on 115 ‘aspirational districts’ to get impetus from Finance Ministry in Budget 2018

The 115 districts, which include 35 in the left-wing extremism affected regions, are being monitored by ministers of the Central government belonging to the state where the respective districts are located, a senior official said.

Pre-Budget meet: On Gujarat’s charter of demands, subsidy, solar power for farmers

Patel submitted a list of demands on behalf of the state government regarding the Union Budget for 2018-19. Jaitley said the Finance ministry would consider the pre-Budget demands made at the meeting in line with the principle of cooperative federalism.

Union Budget Photos

Budget 2016-17: What's become cheap, what's become costly

Here is a complete list of items that will turn costly and items that will turn cheap as a result of the Union Budget 2016-17 tabled on Monday by FM Arun Jaitley.

Budget 2014-15: The build-up

The Narendra Modi led-NDA government is likely to table the Union Budget in July.


Union 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: 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.

Petrol price reduced, diesel hiked

New Delhi, Mar 01 (ANI): The government on Monday lowered the price of petrol by Rs 3.02 per litre while the price of diesel was raised by Rs 1.47 per litre. The revised prices will take effect from the midnight of February 29 and March 1. The revision in fuel prices comes on a day when Finance Minister Arun Jaitley presented the Union Budget for 2015-16 in the Parliament. With this change, the price of Petrol in Delhi will become Rs. 56.61/litre while diesel will be available at Rs. 46.43/litre. People across the nation welcomed the reduction of petrol price, and hoped for further reduction in fuel price.