Finance Minister

India proposes tax benefits to establish domestic ..

NEW DELHI - India's finance minister on Monday proposed tax benefits for foreign aircraft lessors, as one of the world's fastest-growing domestic aviation m..

India plans database to help informal workers acce..

MUMBAI - India unveiled plans on Monday to create a database registering hundreds of millions of informal workers, many of whom have struggled to access state aid during ..

Budget fails to impress Delhi traders

There was 'nothing' in the Union Budget for Kamaljit Rai, Vice President of Palika Bazaar traders' body, who was expecting relief from the Central government ..

Personal tax: Mostly procedural relief proposed fo..

A revenue constrained Union Budget 2021-22 did not offer much to personal taxpayers, with mostly procedural relief rather than an exemption cushion proposed. The propo..

Budget 2021 dampens middle class families` hopes

Covid-19 pandemic-hit middle class families kept their eyes glued to their television screens as Finance Minister Nirmala Sitharaman presented the Budget 2021-22 on Monda..

Budget proposals for start-ups to boost `ease of d..

With the Union government deciding to extend tax holiday claim for start-ups by one more year and incentivise the incorporation of one-person companies (OPCs), stakeholde..

Budget to revive sluggish economy: Karnataka CM

Hailing Union Finance Minister Nirmala Sitharaman for coming out with a Budget that can revive the sluggish economy, Karnataka Chief Minister B.S. Yediyurappa on Mo..

`A budget for growth with next-gen reforms`

Historic budget with growth as the centre piece. Pump priming the economy to strengthen recovery. Delivering on her promise of unveiling a ‘Budget Like No Other&..

Highlights: India unveils budget aimed at boosting..

NEW DELHI - Indian Finance Minister Nirmala Sitharaman on Monday unveiled the budget for fiscal 2021-22, that aims to shore up an economy badly-hit by the novel cor..

India doubles healthcare spending, opens up insura..

NEW DELHI - India proposed doubling healthcare spending in an annual budget unveiled on Monday and lifted caps on foreigners investing in its vast insurance market t..

India cuts basic import duty on edible oils

MUMBAI - India slashed the basic import duty on crude palm oil (CPO) to 15% from 27.5% earlier, Finance Minister Nirmala Sitharaman said on Monday. The basic cus..

PM Narendra Modi congratulates Sitharaman for Budg..

Prime Minister Narendra Modi on Monday congratulated Finance Minister Nirmala Sitharaman for her marathon 110-minute Budget speech and also inquired about her healt..