13 December 2021


Search Results for Tag : Union Budget

News

Finance Minister Unveils the Union Budget 2016-17(29.02.2016)

Finance Minister Arun Jaitley announced his third Union Budget. With a motive to support the small tax-payer and the small investor, the Minister anno.....

Tags : Union Budget 2016-17, Arun Jaitley

read»



Supreme Court Quashes Plea For 'Urgent Hearing' of Petition to Defer Budget Presentation(06.01.2017)

Supreme Court has refused an urgent hearing on a plea seeking postponement of presentation of Union Budget due to assembly elections in five States.

Tags : Supreme Court , Union Budget, assembly elections

read»



Supreme Court Dismisses Plea to Delay Annual Budget(23.01.2017)

Supreme Court has rejected plea seeking postponement of Union Budget presentation ahead of upcoming assembly polls in five States.

Tags : Supreme Court, Union Budget, Elections

read»



Union Budget 2017-18: Key Updates(01.02.2017)

#No cash transactions above Rs 3 lakh. #MSMEs with 50 crore turnover will get a 5% reduction in corporate income tax. #Cash donations to political p.....

Tags : Budget 2017-18, Union Budget, Rail Budget, Arun Jaitley, Finance Minister

read»



Union Budget 2017-18: Key Updates(01.02.2017)

#Income Tax rate for annual income between Rs 2.5 lakh to 5 lakh reduced to 5% from 10%. #Zero tax liability for people with annual income of Rs 3 la.....

Tags : Budget 2017-18, Union Budget, Rail Budget, Arun Jaitley, Finance Minister

read»



Union Budget 2017-18: Key Updates(01.02.2017)

#Surcharge of 10% on individuals earning between Rs 50 lakh to Rs 1 crore. #Foreign investors will not have to pay tax after cashing out of offshore .....

Tags : Budget 2017-18, Union Budget, Rail Budget, Arun Jaitley, Finance Minister

read»



Union Budget 2017-18: Key Updates(01.02.2017)

#India abolishes Foreign Investment Promotion Board (FIPB), the body which approves all inbound FDI investment proposals. #Payment regulatory board t.....

Tags : Budget 2017-18, Union Budget, Rail Budget, Arun Jaitley, Finance Minister

read»



Govt Proposes 5% TDS on House Rent Payable to Residents by Individuals / HUFs(02.02.2017)

Government has proposed 5% TDS on House Rent Payable exceeding fifty thousand rupees for a month or part of month during previous year to Resident by .....

Tags : Budget 2017-18, Union Budget, Rail Budget, Arun Jaitley, Finance Minister

read»



Govt Proposes to Change Base Year For Computing Capital Gains to 2001 From 1981(02.02.2017)

Government has proposed that cost of acquisition of an asset acquired before 01.04.2001 shall be allowed to be taken as fair market value as on 01.04......

Tags : Budget 2017-18, Union Budget, Rail Budget, Arun Jaitley, Finance Minister

read»



Govt Proposes To Increase Threshold Limits For Maintenance Of Books Of Account(02.02.2017)

Government has proposed to increase threshold limits for maintenance of books of account in case of individuals and Hindu Undivided Family of income a.....

Tags : Budget 2017-18, Union Budget, Rail Budget, Arun Jaitley, Finance Minister

read»



Govt Proposes To Make Conversion Of Preference Shares To Equity Shares Tax Neutral(02.02.2017)

Government has proposed to provide tax neutrality to conversion of preference shares of a company into equity shares of that company by excluding such.....

Tags : Budget 2017-18, Union Budget, Rail Budget, Arun Jaitley, Finance Minister

read»



Govt Proposes to Exemption Of Long Term Capital Gains Tax Only If STT Is Chargeable(02.02.2017)

Government has proposed to provide tax exemption on income arising from transfer of long capital asset acquired on or after 01/10/2004, only if acquis.....

Tags : Budget 2017-18, Union Budget, Rail Budget, Arun Jaitley, Finance Minister

read»



Budget 2018: FM to Present Modi Govt's Last Full-Year Budget(01.02.2018)

Union Finance Minister Arun Jaitley will present the Union Budget for 2018-19 today. The first phase of the Parliament Budget session began on January.....

Tags : Manupatra, Budget, Union Budget, Budget 2018, Modi Government, Arun Jaitley

read»



Budget 2018: Government Launches "National Healthcare Scheme"(01.02.2018)

Government has launched a flagship healthcare scheme to cover 10 crore poor families with benefit of Rs 5 lakh per family, per year.

Tags : Manupatra, Budget, Union Budget, Budget 2018, Modi Government, Arun Jaitley

read»



Budget 2018: Govt to Contribute 12% of EPF Contribution for New Employees in All Sectors(01.02.2018)

Government will now contribute 12 per cent of employee provident fund (EPF) to the new employees in all sections. The Employees Provident Fund Act wil.....

Tags : Manupatra, Budget, Union Budget, Budget 2018, Modi Government, Arun Jaitley

read»



Budget 2018: Emoluments of President, Vice-President and Governors Will be Revised(01.02.2018)

The President’s salary will go up to Rs 5 lakh a month, the Vice-President’s salary will rise to Rs 4 lakh per month and the Governor’s pay will rise .....

Tags : Manupatra, Budget, Union Budget, Budget 2018, Modi Government, Arun Jaitley

read»



Budget 2018: FM Projects Fiscal Deficit of 3.3% of GDP(01.02.2018)

Finance Minister Arun Jaitley has vowed to keep fiscal deficit at 3.3%.

Tags : Manupatra, Budget, Union Budget, Budget 2018, Modi Government, Arun Jaitley

read»



Budget 2018: No Change in Income Tax Slabs(01.02.2018)

Finance Minister has said that there will be no Change in Income Tax Slabs.

Tags : Manupatra, Budget, Union Budget, Budget 2018, Modi Government, Arun Jaitley

read»



Budget 2018: Corporate Income Tax Rate Cut to 25% for Companies with Turnover of Upto Rs 250 crore(01.02.2018)

Government has proposed to cut the corporate income tax rate to 25 percent for companies with a turnover of upto Rs 250 crore.

Tags : Manupatra, Budget, Union Budget, Budget 2018, Modi Government, Arun Jaitley

read»



Budget 2018: Govt. Proposes to Tax Long Term Capital Gains Exceeding Rs 1 lakh(01.02.2018)

Government has proposed to tax long term capital gains exceeding Rs 1 lakh at 10 per cent without indexation.

Tags : Manupatra, Budget, Union Budget, Budget 2018, Modi Government, Arun Jaitley

read»



Budget 2018: Govt. Proposes to Increase Custom Duty on Mobile Phones(01.02.2018)

Government has proposed to increase custom duty on mobile phones from 15% to 20%.

Tags : Manupatra, Budget, Union Budget, Budget 2018, Modi Government, Arun Jaitley

read»



Budget 2018: Govt. Proposes to Increase Health and Education Cess(01.02.2018)

Government has proposed to increase health and education cess to 4 per cent.

Tags : Manupatra, Budget, Union Budget, Budget 2018, Modi Government, Arun Jaitley

read»



Budget 2018: Govt. Proposes Exemption in Income of Rs 10,000 from Banks FD for Senior Citizens(01.02.2018)

Government has proposed to increase exemption of income from interest on bank deposits to Rs 50,000 for senior citizens.

Tags : Manupatra, Budget, Union Budget, Budget 2018, Modi Government, Arun Jaitley

read»



Budget 2018: Govt. Proposes to Introduce Tax on Distributed Income by Mutual Funds(01.02.2018)

Government has proposed to introduce tax on distributed income by equity oriented mutual funds at 10 per cent.

Tags : Manupatra, Budget, Union Budget, Budget 2018, Modi Government, Arun Jaitley

read»



Budget 2018: Govt. Proposes Standard Deduction of Rs. 40,000 for Salaried Employees(01.02.2018)

Government has proposed standard deduction of Rs 40,000 for salaried employees in lieu of transport and medical expenses.

Tags : Manupatra, Budget, Union Budget, Budget 2018, Modi Government, Arun Jaitley

read»



Budget 2018: Govt. Proposes to Increase Health and Education Cess(01.02.2018)

Government has proposed to increase the health and education cess to 4%.

Tags : Manupatra, Budget, Union Budget, Budget 2018, Modi Government, Arun Jaitley

read»



Union Budget 2019: Union Finance Minister Nirmala Sitharaman Presents First Budget of New Government(05.07.2019)

The Union Finance Minister Nirmala Sitharaman has presented her first budget and the second woman after Indira Gandhi on behanlf of the new Government.....

Tags : Union Budget 2019, Finance Minister

read»



Union Budget, 2019: Special Additional Excise Duty of Rs 1/Litre on Petrol & Diesel(05.07.2019)

Union Finance Minister Nirmala Sitharaman has levied a special excise duty of Rs 1/Litre on petrol and diesel.

Tags : Union Budget 2019, Excise Duty

read»



Union Budget, 2019 – Income Tax Rate Increases(05.07.2019)

Union Finance Minister Nirmala Sitharaman has increased the income tax rate to 3 % for those earning Rs 2 to 5 crore and to 7 % for those above Rs 5 c.....

Tags : Union Budget 2019, Income Tax Rate

read»



Union Budget, 2019: No Change in Income Tax Slabs(05.07.2019)

Union Finance Minister Nirmala Sitharaman has informed there is no change in the income tax slabs being followed currently.

Tags : Union Budget 2019, Income Tax

read»



Union Budget, 2019: Cos Having Turnover of Less Than Rs 5 Cr Will Have to File GST Quarterly Returns(05.07.2019)

Union Finance Minister Nirmala Sitharaman has informed that companies having turnover of less than Rs 5 crores will have to file GST Quarterly Returns.....

Tags : Union Budget 2019, GST

read»



Union Budget, 2019 - Levy of TDS(05.07.2019)

Union Finance Minister Nirmala Sitharaman has informed that TDS will be levied on over Rs 1 crore bank withdrawal meant to discourage cash transaction.....

Tags : Union Budget 2019, TDS

read»



Union Budget, 2019 – AADHAAR and PAN to be Used Interchangeably(05.07.2019)

Union Finance Minister Nirmala Sitharaman has informed that now AADHAAR and PAN can be used interchangeably.

Tags : Union Budget 2019, AADHAAR, PAN

read»



Finance Minister Unveils the Union Budget 2020-2021(01.02.2020)

Finance Minister Nirmala Sitharaman has tabled the Union Budget 2020 in the Lok Sabha. She has said in her budget speech that the budget is aimed at b.....

Tags : Finance Minister, Union Budget 2020-2021

read»



Union Budget 2020-201: Govt Committed to Double Farmers’ Income by 2022(01.02.2020)

Finance Minister noted while presenting the Union Budget 2020-2021 that the Central Government is committed to doubling farmers’ income by 2022 and wi.....

Tags : Union Budget 2020-2021, Farmers' Income

read»



Union Budget 2020-2021: Govt to Use Proceeds from Taxing Medical Devices for Setting up Hospitals(01.02.2020)

Finance Minister Nirmala Sitharaman allocated Rs 69,000 crore, inclusive of Rs 6,400 crore for Jan Arogya Yojana, to healthcare in Budget 2020. This m.....

Tags : Union Budget 2020-2021, Hospitals

read»



Union Budget 2020-2021:Single Investment Clearance Window to be Set Up for Promoting Entrepreneurship(01.02.2020)

Government will create a single investment cell to expedite grant of licences and promote entrepreneurship.

Tags : Union Budget 2020-2021, Single Investment

read»



#Union Budget 2020-2021: Deposit Insurance Cover Increased to Rs 5 Lakh(01.02.2020)

Finance Minister noted that the depositors money in schedule commercial banks absolutely safe. Insurance cover on deposists by DICGC to be hiked to Rs.....

Tags : Union Budget 2020-2021, Insurance Cover

read»



#Union Budget 2020-2021: Corporate Tax Reduced for Existing Companies(01.02.2020)

Finance Minister stated that the Corporate tax for existing companies has been slashed to 22%.

Tags : Union Budget 2020-2021, Corporate Tax

read»



#Union Budget 2020-2021: Simplied Personal Income Tax Regime Introduced(01.02.2020)

Central Government has introduced a new simplified personal income tax regime. The same is as follows (i)Individual to pay tax 10% for income Rs. 5 to.....

Tags : Union Budget, Personal Income Tax Regime

read»



#Union Budget 2020-2021: New Power Generation Companies to be Taxed at 15%(01.02.2020)

Central Government with an aim to boost power generation capacity, has extended the new corporate tax regime for new manufacturing plants to new power.....

Tags : Union Budget 2020-2021, Power Generation Companies

read»



#Union Budget 2020-2021: Tax on Co-Operative Societies Reduced(01.02.2020)

Central Government has reduced the Tax on Co-operative societies to 22% plus surcharge, as against current 30%.

Tags : Union Budget 2020-2021, Co-operative Societies

read»



#Union Budget 2020-2021: Additional Rs 1.5 Lakh Tax Benefit on Affordable Housing Loans Introduced(01.02.2020)

Central Government has extended additional Rs 1.5 lakh tax benefit on interest paid on affordable housing loans to March 2021.

Tags : Union Budget 2020-2021, Housing Loan

read»



Top Story

Highlights of Union Budget 2020-21(01.02.2020)

Finance Minister Nirmala Sitharaman announced on 1st February, 2020-2021 cuts in personal income tax, extended tax benefits for affordable housing and.....

Tags : Union Budget, Highlights

read»



#Union Budget 2021-2022: Finance Minister Announces Aatmanirbhar Health Yojana(01.02.2021)

Finance Minister has announced Aatmanirbhar Health Yojana with an outlay of Rs. 64,180 Crores over 6 years to strengthen the National Centre for Disea.....

Tags : Finance Minister, Union Budget, Aatmanirbhar Health Yojana

read»



#Union Budget 2021-2022: Finance Minister Announces Allocations to Health and Wellness Sector(01.02.2021)

Finance Minister has announced Rs. 2,83,846 Lakh Crore for health and wellness sector which also includes Rs. 35,000 Crore for Covid-19 vaccines.

Tags : Finance Minister, Union Budget, Health and Wellness Sector

read»



#Union Budget 2021-2022: Finance Minister Announces PLI Scheme for 13 Sectors(01.02.2021)

Finance Minister has announced a PLI scheme for 13 sectors. The Government has committed Rs 1.97 lakh crore over the next 5 years. In addition to earl.....

Tags : Finance Minister, Union Budget, PLI Scheme

read»



#Union Budget 2021-2022: Finance Minister Proposes Launch of National Monetising Pipeline(01.02.2021)

Finance Minister has proposed to launch a national monetising pipeline and a dashboard to overlook the progress, stating that monetising operating pub.....

Tags : Finance Minister, Union Budget, National Monetising Pipeline

read»



#Union Budget 2021-2022: National Railway Plan Created for Future Ready Railway System(01.02.2021)

National Rail Plan has been created to bring a future ready Railway system by 2030. Finance Minister has said that the dedicated Eastern and Western F.....

Tags : Finance Minister, Union Budget, National Railway Plan

read»



#Union Budget 2021-2022: MetroLite and MetroNeo to be Introduced in Tier 2 Cities(01.02.2021)

Finance Minister has proposed to introduce MetroLite and MetroNeo in Tier 2 cities and peripheral areas of Tier 1 cities with additional allocation fo.....

Tags : Finance Minister, Union Budget, MetroLite and MetroNeo

read»



#Union Budget 2021-2022: Union Govt to Create Framework to Tackle Monopoly of Power Distribution(01.02.2021)

Union Government proposes to create a framework to allow consumers of electricity alternatives to choose from more than one Distribution Company, in a.....

Tags : Union Government, Union Budget, Monopoly of Power Distribution

read»



#Union Budget 2021-2022: Finance Minister Proposes Unified Securities Market Code(01.02.2021)

Finance Minister proposes to consolidate the provisions of the Securities and Exchange Board of India Act, 1992, Depositories Act, 1996 and two other .....

Tags : Finance Minister, Union Budget, Unified Securities Market Code

read»



#Union Budget 2021-2022: Finance Minister Proposes to Introduce Investor Charter(01.02.2021)

Finance Minister proposes to introduce an investor charter as a right for all investors in all financial products and to amend the Insurance Act, 1938.....

Tags : Finance Minister, Union Budget, Investor Charter

read»



#Union Budget 2021-2022: Union Govt Approves Extension of Cover for Deposit Insurance(01.02.2021)

Union Government has approved an increase in the cover for deposit insurance from Rs 1 lakh to Rs 5 lakh for bank depositors, to help depositors in ba.....

Tags : Union Government, Union Budget, Deposit Insurance

read»



#Union Budget 2021-2022: Proposals for Agriculture and Rural Development(01.02.2021)

Finance Minister has said that agriculture infrastructure fund will be available for APMCs for augmenting their infrastructure. Further, 1,000 more Ma.....

Tags : Finance Minister, Union Budget, Agriculture and Rural Development

read»



#Union Budget 2021-2022: Union Government Launches One Nation, One Ration Card Scheme(01.02.2021)

Union Government has launched the One Nation, One Ration card to help migrant workers. Further, launch of a portal to maintain information on gig work.....

Tags : Union Government, Union Budget, One Nation, One Ration Card

read»



#Union Budget 2021-2022: Union Government Proposes Setting Up of Schools in Tribal Areas(01.02.2021)

Union Government has proposed setting up of 100 Sainik Schools and 750 Eklavya schools in tribal areas. A Central University will come up in Ladakh. F.....

Tags : Union Government, Union Budget, Setting of Schools

read»



#Union Budget 2021-2022: Union Government Proposes to Ease Compliance Burden for Filing ITR(01.02.2021)

Union Government has proposed to reduce compliance burden on people above 75 years, who get pension and earn interest from deposits, from filing of In.....

Tags : Union Government, Union Budget, Compliance Burden

read»



#Union Budget 2021-2022: Late Deposit of Contributions Not Allowed as Deductions to Employers(01.02.2021)

Finance Minister has reiterated that late deposit of contributions will not be allowed as deductions to employers, taking notice that some employers d.....

Tags : Finance Minister, Union Budget, Provident Fund Deductions

read»



#Union Budget 2021-2022: Finance Minister Proposes Revised Customs Duty Structure(01.02.2021)

Finance Minister has proposed to review over 400 old exemptions through extensive consultations for a revised customs duty structure free of distortio.....

Tags : Finance Minister, Union Budget, Revised Customs Duty Structure

read»



#Union Budget 2021-2022: Union Govt Proposes Agriculture Infrastructure and Development Cess(01.02.2021)

Union Government has proposed Agriculture Infrastructure and Development Cess (AIDC) on petrol and diesel at the rate of Rs.2.5/litre on petrol and Rs.....

Tags : Union Government, Union Budget, Agriculture Infrastructure and Development Cess

read»



Notifications & Circulars

Import duty on copper scrap reduced from 5% to 2.5%, announced in Union Budget 2021-22(03.02.2021)

Reduction of import duty on copper scrap from 5% to 2.5% announced in Union Budget 2021-22 to boost recycling of copper in the country. This will have.....

Tags : Import duty, Copper scrap, Union Budget

read»