At post-Budget webinar, FM Nirmala Sitharaman focuses on timely implementations of announcements
2 weeks, 3 days ago

At post-Budget webinar, FM Nirmala Sitharaman focuses on timely implementations of announcements

The Hindu  

Union Finance Minister Nirmala Sitharaman on Tuesday said that her government is committed to ensuring the timely implementation of all Budget announcements made for the year 2025-26. Speaking at a post-Budget webinar hosted by the Department of Financial Services, the Finance Minister recounted how some of the announcements made in the July 2024 Budget have been implemented in a short time. "Through the budget announcements, we are taking various steps towards making India a seamless export-friendly economy, one where businesses are free to focus on innovation and expansion and not paperwork and penalties, decriminalization of business-related laws, reduces the legal risks, allowing industries to operate with greater confidence." Quoting Prime Minister Narendra Modi, who participated in the webinar in the afternoon, she said the pathway for reforms is complemented by the government's unwavering focus on capital expenditure as a driver of economic growth.For the year 2025-26, the total effective capital expenditure is proposed at ₹15.48 lakh crores, which is 4.3 per cent of the GDP, with Rs 11.21 lakh crores located as core capital expenditure by the centre, which is 3.1 per cent of the GDP.

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History of this topic

Capex push, fiscal discipline hasn’t come at the cost of social spending cut: Sitharaman
4 days, 6 hours ago

Capex push, fiscal discipline hasn’t come at the cost of social spending cut: Sitharaman

Live Mint  

New Delhi: Finance minister Nirmala Sitharaman on Tuesday said the government’s push for capital expenditure, while maintaining fiscal discipline, has not come at the cost of public spending, emphasizing that allocations for social welfare and education have increased significantly. Speaking at the Rajya Sabha, Sitharaman said the effective capital expenditure for the next fiscal year, 2025-26, is projected to be …

Parliament Budget Session Day 9 LIVE: Finance Minister Nirmala Sitharaman replies to Budget discussion in Rajya Sabha
1 month, 1 week ago

Parliament Budget Session Day 9 LIVE: Finance Minister Nirmala Sitharaman replies to Budget discussion in Rajya Sabha

The Hindu  

February 13, 2025 16:35 Recurring themes of transparency, co-operative federalism since 2020-21: Finance Minister Nirmala Sitharaman Finance Minister Nirmala Sitharaman mentions features of budget-making in the past 4-5 years which “speak for themselves.” She notes that during the pandemic years, the government’s attempt resulted in India becoming “fragile five,” while after Covid, with targeted support to those who needed help, …

‘Making budget more difficult than before; govt to use 99% borrowings in FY26 for capex’: FM Sitharaman
1 month, 1 week ago

‘Making budget more difficult than before; govt to use 99% borrowings in FY26 for capex’: FM Sitharaman

Live Mint  

Union finance minister Nirmala Sitharaman said on Tuesday, February 12, 2025, that the government will use almost all its borrowing in 2025-26 to finance capital expenditure. FM Sitharaman highlighted the effective capex in FY26 is ₹15.48 lakh crore, which is 4.3 per cent of the gross domestic product. So, in effect, the government intends to use about 99 per cent …

States' wish lists remain unfulfilled though they will partner in growth
1 month, 2 weeks ago

States' wish lists remain unfulfilled though they will partner in growth

Live Mint  

Like every year, even the FY26 Union Budget will be analysed more for what it has done for growth, fiscal consolidation, capex/infrastructure, agriculture/rural, employment/skill development, MSME, climate change/energy transition, and above all, measures to support lagging consumption demand. On the other hand, the deputy chief minister of Bihar’s pre-budget demands included— an additional two million under Pradhan Mantri Awas Yojana, …

Union Budget 2025: Ease of compliance, decriminalisation of laws among measures proposed to reform financial sector
1 month, 3 weeks ago

Union Budget 2025: Ease of compliance, decriminalisation of laws among measures proposed to reform financial sector

The Hindu  

Union Finance Minister Nirmala Sitharaman on Saturday proposed several financial sector reforms to ease compliance, expand services, build robust regulatory environment, promote international and domestic investment, and effect decriminalisation of archaic legal provisions. For technological advancement in the Banking, Financial Services and Insurance sector, the Minister proposed measures, including allocation of ₹500 crore for a AI centre of excellence and …

Union Budget 2025: Government to introduce Jan Vishwas 2.0 for greater ease of doing business
Trending News
1 month, 3 weeks ago

Union Budget 2025: Government to introduce Jan Vishwas 2.0 for greater ease of doing business

The Hindu  

Finance Minister Nirmala Sitharaman announced in the Union Budget 2025-26 speech that the government would introduce the Jan Vishwas Bill 2.0 to decriminalise over 100 outdated legal provisions to achieve greater ease of doing business in the country. The key objective of the Jan Vishwas Act 2023 was to remove archaic provisions that did not serve the evolving technological and …

New income tax slabs and more: The big Budget 2025 announcements, in graphics
Trending News
1 month, 3 weeks ago

New income tax slabs and more: The big Budget 2025 announcements, in graphics

Firstpost  

Finance Minister Nirmala Sitharaman tabled the Union Budget for the financial year 2025-2026 in Parliament on Saturday. From a change in income tax slabs to a boost to IIT infrastructure, here are the major announcements of the Budget Finance Minister Nirmala Sitharaman tabled the Union Budget for the financial year 2025-2026 in Parliament on Saturday. Here’s a quick look at …

Missed FM Nirmala Sitharaman’s Budget 2025 speech? These are the 10 things you need to know
1 month, 3 weeks ago

Missed FM Nirmala Sitharaman’s Budget 2025 speech? These are the 10 things you need to know

Live Mint  

Budget 2025: From income tax rebates to relief for cancer patients, Finance Minister Nirmala Sitharaman announced key reforms during her budget speech in Parliament today. No income tax up to ₹ 12 lakh One of the biggest announcements by Finance Minister Nirmala Sitharaman was about zero tax levied on annual income up to ₹12 lakh. TDS and TCS revised FM …

Budget 2025: Govt allocates ₹1.5 lakh crore for interest-free loans to boost state infrastructure
1 month, 3 weeks ago

Budget 2025: Govt allocates ₹1.5 lakh crore for interest-free loans to boost state infrastructure

Live Mint  

In the Union Budget 2025, Finance Minister Nirmala Sitharaman has announced a major allocation of ₹1.5 lakh crore for 50 years interest free loans to the state governments for boosting capital expenditure and development of infrastructure across the country. With this, The central government aims to empower states to make substantial capital expenditures without the immediate cost of interest payments …

Budget 2025: Read Finance Minister Nirmala Sitharaman’s budget speech. Full text here. Download PDF
1 month, 3 weeks ago

Budget 2025: Read Finance Minister Nirmala Sitharaman’s budget speech. Full text here. Download PDF

Live Mint  

Budget 2025: Finance Minister Nirmala Sitharaman presented the Union Budget today. To improve access to credit, the credit guarantee cover will be enhanced: a) For Micro and Small Enterprises, from ` 5 crore to 10 crore, leading to additional credit of ` 1.5 lakh crore in the next 5 years; b) For Startups, from ` 10 crore to 20 crore, …

Budget 2025 Key Highlights: From new income tax bill to infra initiatives, here are the key takeaways
1 month, 3 weeks ago

Budget 2025 Key Highlights: From new income tax bill to infra initiatives, here are the key takeaways

Live Mint  

Budget 2025 Key Highlights: The Union Budget for the financial year 2025-26 was tabled in the Parliament by Finance Minister Nirmala Sitharaman earlier today. Let's take a look at the key highlights of the 2025 Budget: Capex FY25 revised capex at ₹10.18 lakh crore Income Tax New Income Tax Bill will be announced next week. Finance Minister Nirmala Sitharaman highlighted …

Budget 2025: Sitharaman boosts MSMEs with enhanced credit cover, check key announcements
1 month, 3 weeks ago

Budget 2025: Sitharaman boosts MSMEs with enhanced credit cover, check key announcements

India TV News  

Union Finance Minister Nirmala Sitharaman presented the first full budget of Modi Government 3.0. Currently, over 1 crore registered MSMEs employing 7.5 crore people and generating 36 per cent of our manufacturing have come together to position India as a global manufacturing hub," Ms Sitharaman said while presenting her eighth consecutive Union Budget. Enhanced credit cover for MSME To improve …

Budget 2025: How to read the documents that FM Sitharaman will present in parliament
Trending News
1 month, 3 weeks ago

Budget 2025: How to read the documents that FM Sitharaman will present in parliament

Hindustan Times  

The budget speech by the finance minister in Lok Sabha is usually the most followed part of any budget. Union finance minister Nirmala Sitharaman tabled the Economic Survey on Friday Budget speech The speech read out in Parliament is divided into two parts. For instance, in the July 2024 budget, the finance minister announced plans to incentivise job creation, improve …

Budget Session 2025: Full text of President Droupadi Murmu's customary speech on India's economic growth
1 month, 3 weeks ago

Budget Session 2025: Full text of President Droupadi Murmu's customary speech on India's economic growth

Firstpost  

‘The pace of work has tripled in this third term,’ President Murmu said, later adding that ‘The government is steering India towards becoming the world’s third-largest economy.’ President Droupadi Murmu, on Friday addressed a joint session of the Parliament, delivering a customary speech that marked the beginning of the Budget Session. Hon’ble Members, My government is infusing new energy through …

Budget 2025: A quick recap of Budget 2024 announcements
1 month, 3 weeks ago

Budget 2025: A quick recap of Budget 2024 announcements

Hindustan Times  

The first budget of the third term of the National Democratic Alliance government, led by Prime Minister Narendra Modi, was presented in July 2024. The finance minister also announced a slew of tax measures, offering relief to some taxpayers while raising the tax liability for others. Here’s a quick look at some measures that benefitted or hurt common people: Relief …

Budget 2025: Govt should boost capex by 10-15% to keep the economy humming
1 month, 3 weeks ago

Budget 2025: Govt should boost capex by 10-15% to keep the economy humming

Live Mint  

India has been the fastest growing large economy in the world since the covid pandemic. Higher levels of capex, especially private capex, and attracting greater amounts of FDI could help accelerate growth. A less conservative approach to tax revenue projections can help the government budget higher expenditure to drive growth. Further, taking cues from the current geo-economic trends, the government …

Budget 2025 Expectations LIVE: From tax relief to capex boost, all eyes on FM Nirmala Sitharaman on February 1
Trending News
1 month, 3 weeks ago

Budget 2025 Expectations LIVE: From tax relief to capex boost, all eyes on FM Nirmala Sitharaman on February 1

Live Mint  

Budget 2025 Expectations LIVE: In Finance Minister Nirmala Sitharaman's eighth Budget speech on 1 February 2025, the industries and taxpayers are expecting major announcements, including income tax relief, capex push, GST rationalisation, and more, aimed at promoting economic growth. This will be Sitharaman's second full-fledged Budget in the Narendra Modi-led NDA government that assumed power in 2024 and her eighth …

Budget 2025: Key personal finance changes announced by FM Sitharaman in last Budget and their impact on taxpayers
1 month, 3 weeks ago

Budget 2025: Key personal finance changes announced by FM Sitharaman in last Budget and their impact on taxpayers

Live Mint  

In the run-up to Budget 2025, it is an opportune time to recall the key personal finance changes—which, incidentally, were quite a few—that Finance Minister Nirmala Sitharaman introduced in her previous Budget on July 23, 2024. The rate of tax was reduced from 20 per cent to 12.5 percent, indexation benefit was removed and the exemption limit was raised from …

Union Budget 2025: RBI MPC member emphasises need to focus on capex, infrastructure spending
Trending News
2 months ago

Union Budget 2025: RBI MPC member emphasises need to focus on capex, infrastructure spending

India TV News  

Reserve Bank of India Monetary Policy Committee member Nagesh Kumar said on Sunday that Union Finance Minister Nirmala Sitharaman needs to focus on capital expenditure and infrastructure spending in the Union Budget 2025 to spur economic growth and make it more sustainable. He said, "In the context of the slight economic slowdown that we observed in the second quarter, and …

Budget Session Set To Begin On Jan 31 With Prez Address, FM Nirmala Sithraman To Present Allocations On Feb 1
2 months ago

Budget Session Set To Begin On Jan 31 With Prez Address, FM Nirmala Sithraman To Present Allocations On Feb 1

ABP News  

The Budget Session of Parliament will be held from January 31 to April 4, with Finance Minister Nirmala Sitharaman set to present her eighth consecutive budget on February 1. ICRA’s Budget Expectations Over Capital Expenditure, Income Tax Relief Ratings agency ICRA has suggested that the government should target capital spending of Rs 11 lakh crore for the next fiscal while …

Budget 2025: Will Nirmala Sitharaman address TDS-TCS challenges?
2 months, 2 weeks ago

Budget 2025: Will Nirmala Sitharaman address TDS-TCS challenges?

India Today  

As the Union Budget 2025-26 draws near, discussions intensify on simplifying India’s tax system. Industry bodies, including the Federation of Indian Chambers of Commerce and Industry, have shared their recommendations with Finance Minister Nirmala Sitharaman, advocating tax reforms to boost the ease of doing business and reduce complexity. SIMPLIFYING TDS-TCS RATES FICCI has proposed reducing the numerous TDS/TCS rates to …

Private capex to pick up, ₹4 lakh crore credit demand pipeline from India Inc: SBI Chairman
5 months, 3 weeks ago

Private capex to pick up, ₹4 lakh crore credit demand pipeline from India Inc: SBI Chairman

The Hindu  

Setty has said the bank has already got ₹4 lakh crore strong credit pipeline from India Inc and expressed hope that capital expenditure by the private sector is expected to pick up in the second half of the fiscal year. As far as public spending is concerned, Finance Minister Nirmala Sitharaman in the Budget proposed to raise the capital expenditure …

FM Nirmala Sitharaman on Budget 2024: Union Budget strikes a fine balance between growth, employment, capital investment, and fiscal consolidation
7 months, 3 weeks ago

FM Nirmala Sitharaman on Budget 2024: Union Budget strikes a fine balance between growth, employment, capital investment, and fiscal consolidation

The Hindu  

Replying to the debate on the Union Budget in Rajya Sabha on Wednesday where more than 80 elders participated, Union Finance Minister Nirmala Sitharaman said the transfer of resources to the States is going unhindered and the inferences that she mentioned just two States in the budget was a propaganda created by the INDIA bloc to mislead the people. Countering …

Budget 2024 creates a template for reforms in Modi 3.0
7 months, 3 weeks ago

Budget 2024 creates a template for reforms in Modi 3.0

Firstpost  

This year’s Budget stands out for its balanced approach, focusing on fiscal discipline, capital expenditure, regulatory simplification, job creation, and next-generation reforms, aiming to stimulate high growth and employment Budgets have long been spectacles of grand announcements and symbolic gestures. Additionally, the budget aims to enhance women’s workforce participation through infrastructure support and specialised skilling programmes, and to upgrade 1,000 …

Watch: Budget 2024 | What’s in it for markets and investors?
7 months, 3 weeks ago

Watch: Budget 2024 | What’s in it for markets and investors?

The Hindu  

On July 23, the Finance Minister Nirmala Sitharaman presented the first full budget of the 3rd term of the NDA government. For deepening tax base the Finance Minister has proposed to increase Securities Transaction Tax on Futures and Options contracts to 0.2% and 0.1%, respectively. As per the budget proposals now unlisted bonds and debentures, debt mutual funds and market-linked …

Budget 2024 is growth-oriented, welfare-centric, people-friendly: Annamalai
7 months, 3 weeks ago

Budget 2024 is growth-oriented, welfare-centric, people-friendly: Annamalai

The Hindu  

The Union Budget 2024 is growth-oriented, welfare-centric and people-friendly. It strengthens the road map towards a Viksit Bharat by 2047, said BJP Tamil Nadu president K. Annamalai on Tuesday, July 23, 2024. In a social media post on X, Mr. Annamalai said Budgetary announcements, including the Transit Oriented Development Plans in 14 large cities with a population above 30 lakh, …

Budget 2024-25 CAPEX: ₹11 lakh crore allocated towards capital expenditure, 3.4% of GDP by FM Nirmala Sitharaman
7 months, 3 weeks ago

Budget 2024-25 CAPEX: ₹11 lakh crore allocated towards capital expenditure, 3.4% of GDP by FM Nirmala Sitharaman

The Hindu  

In her seventh budget presentation, Finance Minister Nirmala Sitharaman announced allocating Rs 11 lakh, 11 thousand and 111 crore towards capital expenditure. She further urged, “We will encourage states to provide support of similar scale for infrastructure development based on their priorities.” The finance minister stated that private investment in infrastructure will be promoted through Viability Gap Funding and a …

Budget 2024: Date, key timings and what to expect from budget speech
8 months ago

Budget 2024: Date, key timings and what to expect from budget speech

India Today  

The Monsoon session began on Monday, with Finance Minister Nirmala Sitharaman set to present the Union Budget for 2024-25 on July 23, 2024. This will mark her seventh consecutive Budget presentation, surpassing the record of former Prime Minister Morarji Desai, who delivered five consecutive full Budgets and one interim Budget from 1959 to 1964. The Budget 2024 presentation can be …

States seek improvements in 50-year interest-free loan scheme
9 months ago

States seek improvements in 50-year interest-free loan scheme

The Hindu  

States have urged the Centre to make some improvements in the 50-year interest free loan scheme for pursuing capital investment projects, under which the Union government has proposed to give them ₹1.3 lakh crore this year, the same amount as 2023-24. Ministers from States made suggestions related to the ‘Scheme for Special Assistance to States for Capital Investment’, first launched …

2024 Interm Budget | Allocations for Social Justice and Tribal Affairs Ministries see a marginal increase
1 year, 1 month ago

2024 Interm Budget | Allocations for Social Justice and Tribal Affairs Ministries see a marginal increase

The Hindu  

The Estimates presented by Finance Minister Nirmala Sitharaman for financial year 2024-25 on February 1 left the budgets for Social Justice and Tribal Affairs Ministries largely unchanged with marginal increases seen in the estimated allocations for both ministries compared to the FY 2023-24 Budget Estimates. While ₹14,225 crore has been set aside for the Ministry of Social Justice and Empowerment, …

Interim Budget 2024-2025 documents presented by FM Nirmala Sitharaman
1 year, 1 month ago

Interim Budget 2024-2025 documents presented by FM Nirmala Sitharaman

The Hindu  

Finance Minister Nirmala Sitharaman presented the Interim Budget 2024-2025 in the Lok Sabha on February 1. Highlighting the achievements of the Modi Government for the past 10 years, Ms. Sitharaman left the tax slabs unchanged and stuck to the convention of not making any major announcements while presenting the interim Budget. The Interim Budget 2024-25 will be a vote-on-account that …

Decoding Budget 2023
2 years, 1 month ago

Decoding Budget 2023

The Hindu  

Finance Minister Nirmala Sitharaman on February 1 raised the personal income tax rebate limit, doled out sops on small savings, and announced one of the biggest hikes in capital spending in the past decade as she did a tightrope walk in the Budget between staying fiscally prudent and meeting public expectations in the year before general elections. Ms. Sitharaman’s fifth …

Budget 2023 News Updates: Zero Tax Upto Rs 7L; Govt Says New I-T Regime Has Better Incentives
2 years, 1 month ago

Budget 2023 News Updates: Zero Tax Upto Rs 7L; Govt Says New I-T Regime Has Better Incentives

News 18  

Finance Minister Nirmala Sitharaman on Wednesday said the four emphasis points of the Union Budget 2023-24 are empowering women, action plan for tourism, initiatives for Vishvakarmas and green growth. Sitharaman said, “Our vision is to create a tech-driven and knowledge-based economy.” she added that the Indian economy is on the right track and the growth has been at 7 per …

Budget 2023 PDF Download: Read and Save Nirmala Sitharaman's Full Budget Speech in PDF Format
2 years, 1 month ago

Budget 2023 PDF Download: Read and Save Nirmala Sitharaman's Full Budget Speech in PDF Format

News 18  

Budget 2023: Union finance minister Nirmala Sitharaman today presented the Budget for financial year 2023-24. Download 2023 budget document pdf The pdf document of the Budget speech of the finance minister can be accessed here. The pdf document of the Budget speech of the finance minister can also be downloaded from. From announcing changes in the new tax regime, increase …

Budget 2023: ₹79,000 crore set aside for PMAY, 65% higher than last year
2 years, 1 month ago

Budget 2023: ₹79,000 crore set aside for PMAY, 65% higher than last year

Hindustan Times  

Presenting the final full budget of the Modi government ahead of next year's parliamentary elections, Union finance minister Nirmala Sitharaman on Wednesday announced an outlay of ₹79,000 crore towards the Pradhan Mantri Awas Yojana. New Delhi: Union Finance Minister Nirmala carrying a folder-case poses for photographs outside the Finance Ministry at North Block, in New Delhi, Wednesday, Feb. 1, 2023, …

Budget 2023: ‘50-year interest-free loans for states to continue…’, says FM
2 years, 1 month ago

Budget 2023: ‘50-year interest-free loans for states to continue…’, says FM

Hindustan Times  

Finance Minister Nirmala Sitharaman on Wednesday announced that the Centre will continue 50-year interest-free loans to state governments for one more year. Budget 2023: ‘50-year interest-free loans for states to continue…’, says FM Check budget live updates here Presenting the Budget for 2023-24, she said the newly established infrastructure finance secretariat will assist in attracting more private investment. On October …

Budget 2023 | Government to continue 50-year interest-free loans to States for another year: FM Nirmala Sitharaman
2 years, 1 month ago

Budget 2023 | Government to continue 50-year interest-free loans to States for another year: FM Nirmala Sitharaman

The Hindu  

Finance Minister Nirmala Sitharaman on February 1 announced that the Centre will continue 50-year interest-free loans to State governments for one more year. Budget 2023 | Record allocation of ₹2.4 lakh crore for Railways On October 13 last year, Prime Minister Narendra Modi had launched the Gati Shakti - National Master Plan, aimed at developing integrated infrastructure to reduce logistics …

Budget 2023 Key Highlights: Are You Under New Tax Regime? Nirmala Sitharaman Has Good News for You
2 years, 1 month ago

Budget 2023 Key Highlights: Are You Under New Tax Regime? Nirmala Sitharaman Has Good News for You

News 18  

Budget 2023 Highlights: Delivering on the expectations of the aam aadmi, Finance Minister Nirmala Sitharaman today announced Income Tax relief for the salaried class with an eye on the mega 2024 elections as well as several state battles as she delivered the Union Budget 2023 speech. She also announced changes in the tax slabs under the new tax regime, which …

Budget 2023 live | Income tax relief, sops for women, scheme for artisans, and more
2 years, 1 month ago

Budget 2023 live | Income tax relief, sops for women, scheme for artisans, and more

The Hindu  

Finance Minister Nirmala Sitharaman on February 1 raised the personal income tax rebate limit, doled out sops on small savings and announced one of the biggest hikes in capital spending in the past decade as she did a tight rope walk in the Budget between staying fiscally prudent and meeting public expectations in the year before general elections. Ms. Sitharaman’s …

Finance Minister Nirmala Sitharaman to present Union Budget 2023 today; 'it will be a ray of hope' says PM
2 years, 1 month ago

Finance Minister Nirmala Sitharaman to present Union Budget 2023 today; 'it will be a ray of hope' says PM

India TV News  

Union Budget 2023: Finance Minister Nirmala Sitharaman is geared up for presenting her fifth budget in the Parliament on Wednesday. What India Inc expect from the Union Budget The Economic Survey 2022-23 tabled in Parliament on Tuesday presents a realistic assessment of India's economy, industry bodies said, while expressing hope for out-of-box measures to boost growth and consumption in the …

Budget 2023: FM Sitharaman's past key budget announcements on banking
2 years, 1 month ago

Budget 2023: FM Sitharaman's past key budget announcements on banking

Hindustan Times  

Finance Minister Nirmala Sitharaman on February 1 will present the Union Budget for the fiscal year 2023-24. Budget 2019-20 In her first Union Budget as Finance minister, Nirmala Sitharaman announced to re-capitalise Public Sector Banks of ₹70,000 crore to boost credit which was part of previously announced ₹3 lakh crore capital infusion. Budget 2021-22 The budget of 2021-22 proposed setting …

Budget 2022: Worst-hit MSME sector stands to benefit from Nirmala Sitharaman’s announcements
3 years, 1 month ago

Budget 2022: Worst-hit MSME sector stands to benefit from Nirmala Sitharaman’s announcements

Firstpost  

Union Budget 2022-23: Credit guarantee trust for MSMEs are set to see a revamp and will ensure the allocation of Rs 2 lakh crore more to the growth of the sector The finance minister delivered a Union Budget that the MSME sector welcomed wholeheartedly, as India is coming out gradually from the reeling impact of COVID-19 pandemic. This would also …

Budget 2022: FM Nirmala Sitharaman Lays Long-term Blueprint for Amrit Kal
3 years, 1 month ago

Budget 2022: FM Nirmala Sitharaman Lays Long-term Blueprint for Amrit Kal

News 18  

This is the second Budget in the midst of a pandemic that warranted careful manoeuvring between growth, inflation and expenditure. Finance Minister Nirmala Sitharaman has done a fine job by laying a long-term blueprint for the ‘Amrit Kal’ and has announced various short-term measures that will maintain the growth momentum or K-shaped recovery of the economy. The focus on the …

Union Budget 2022-23: MSME sector gets a boost, more focus on skilling and entrepreneurship, credit line extended
3 years, 1 month ago

Union Budget 2022-23: MSME sector gets a boost, more focus on skilling and entrepreneurship, credit line extended

Op India  

Finance Minister Nirmala Sithraman presented the Union Budget 2022 on February 1. In her speech, Finance Minister Nirmala Sitharaman said that the Union Budget sought to lay the foundation and give a blueprint of the economy over ‘Amrit Kal’ of the next 25 years – from India at 75 to India at 100. The Finance Minister has announced that the …

FM urges ministries to front-load FY22 capex
3 years, 9 months ago

FM urges ministries to front-load FY22 capex

Live Mint  

Finance minister Nirmala Sitharaman on Friday asked ministries to front-load their FY22 capital expenditure and urged them to explore public private partnerships for viable projects, holding that enhanced capex will play a critical role in revitalising the economy post the pandemic. During the meeting, capex plans of ministries and their central public sector enterprises, status of implementation of budget announcements …

Parliament proceedings | Banks' NPAs decline to ₹8.08 lakh crore in Sept 2020: Govt
4 years, 1 month ago

Parliament proceedings | Banks' NPAs decline to ₹8.08 lakh crore in Sept 2020: Govt

The Hindu  

Non-performing assets or bad loans of the banking sector came down from a high of ₹10.36 lakh crore at the end of March 2018 to ₹8.08 lakh crore at the end of September 2020 due to various initiative of the government, Minister of State for Finance Anurag Thakur informed the Rajya Sabha on Tuesday. As a result of the Asset …

Finance Minister N Sitharaman presents India's ambitious 2021 budget: Read full budget speech
4 years, 1 month ago

Finance Minister N Sitharaman presents India's ambitious 2021 budget: Read full budget speech

India TV News  

Finance Minister N Sitharaman presents India's ambitious 2021 budget: Read full budget speech Union Finance Minister Nirmala Sitharaman on Monday unveiled India's ambitious Budget 2021, offering something to everyone. Union Finance Minister Nirmala Sitharaman on Monday unveiled India's ambitious Budget 2021, offering something to everyone. The government also proposed an extension of the eligibility for claiming tax holiday and capital …

Union Budget 2021: Key announcements for MSME sector
4 years, 1 month ago

Union Budget 2021: Key announcements for MSME sector

Hindustan Times  

Union finance minister Nirmala Sitharaman on Monday made a provision of ₹15,700 crore for the Micro, Small and Medium Enterprises sector in the Union Budget 2021-22. The finance minister has earmarked ₹15,700 crore for the MSME sector, which is double the capital expenditure prosed in the budget of 2020-2021. The customs duty on semis, flat, and long products of non-alloy, …

Budget 2021: MSME sector wants better access to credit, lenient taxation policies
4 years, 1 month ago

Budget 2021: MSME sector wants better access to credit, lenient taxation policies

India TV News  

The Union Budget 2021-22 is just a few days away from now and expectations are riding high from all sectors. They said that the Union Budget should provide some long-term benefits to the sector with better access to credit and lenient taxation policies. "To cope up with this, budget 2021 should focus on enabling the development of MSMEs by providing …

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