Union Budget 2019
Business  /  Published 08.07.19

Tax surcharge spooks foreign funds

The budget proposal to include certain categories of foreign portfolio investors (FPIs) within the ambit of a higher surcharge may force them to rethink their India investment strategy. If the steep s...
By Our Special Correspondent in Mumbai

Business  /  Published 07.07.19

Direct tax to cover for GST slack

The Modi government has acknowledged that it won’t be able to sort out the glitches and gremlins in the goods and service tax system this year — a major reason why it budgeted for a lowball increa...
By Our Special Correspondent in New Delhi

Business  /  Published 06.07.19

Medium-term benefits

Finance minister Nirmala Sitharaman’s maiden budget has the hallmark of the Modi 2.0 government.The finance minister has laid down a vision to make India a $5-trillion economy based on the “minimu...
By Shanti Ekambaram/Guest Column in

Business  /  Published 06.07.19

Tea firms wary

Tea growers have sought a review of the budget proposal to tax cash withdrawal in excess of Rs 1 crore from a bank account as it would hurt their operations in remote areas. The Indian Tea Association...
By TT Bureau in Calcutta

India  /  Published 06.07.19

Union Budget: Welfare spending cut belies hopes

With the massive mandate that the government has got in the recent elections, there were expectations that the budget would come out with major policy initiatives to address the structural bottlenecks...
By N.R. Bhanumurthy and Dinesh Kumar Nayak in

India  /  Published 06.07.19

Union Budget: Boost for exchange traded funds

In a budget bereft of grand ideas, the finance minister has outlined a proposal that would potentially bring retail investors a step closer to the market, effectively weaning them away from deposits a...
By Nilanjan Dey in

India  /  Published 05.07.19

Health budget boost falls short of promises

The Centre has proposed Rs 62,659 crore for health for 2019-20, a 15 per cent increase over last year’s revised expenditure. But public health experts predicted that the outlay would not be enough f...
By G.S. Mudur in New Delhi

Business  /  Published 05.07.19

Union Budget: Voices of future

By Subhankar Chowdhury, K.M. Rakesh, Roopak Goswami and Animesh Bisoee in

India  /  Published 05.07.19

Union Budget: 3 proposals spook markets

Nirmala Sitharaman may not have tinkered with the long-term capital gains tax but three announcements by the finance minister hit market sentiment with investor wealth eroding by Rs 2 lakh crore and t...
By Vivek Nair in Mumbai

Business  /  Published 31.10.19

Fiscal gap hits 93% of target

The country’s fiscal deficit reached nearly 93 per cent of the budget estimate at Rs 6.52 lakh crore at the end of September in the current financial year, government data showed on Thursday. In abs...
By PTI in New Delhi


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