Government replies to Election Commission on Budget issue

Government on Tuesday replied to the Election Commission on the opposition complaint against presenting the Union Budget before Assembly elections.

Budget date decided much in advance of poll schedule: Jaitley

Jan 08 2017

Jaitley said there was a practice to present the budget on February 28 but this year it would be presented on February 1.

Budget Session of Parliament to begin from Jan 31

Jan 07 2017

The Budget session of Parliament was convened to start from January 31, a day before the Union Budget is likely to be presented.

FinMin seeks Twitterati vote on focus of Budget 2017-18

Jan 06 2017

Finance Ministry today invited suggestions from Twitterati on what should be the focus of the Budget for 2017-18 to be unveiled on February 1.

Supreme Court refuses urgent hearing on plea to put off Union Budget

Jan 06 2017

Venkaiah Naidu today said the Union Budget is for the country and would not be state specific.

President: Demonetisation may lead to slowdown, poor need relief

BTVI STAFF | Jan 05 2017

Prez says need to be extra careful to alleviate the suffering of the poor .

Opposition meets EC against budget before polls

Jan 05 2017

Opposition parties approached the Election Commission seeking that the Union Budget's presentation be deferred.

Rockstar Gadkari's ministry faces capex cut in FY17, flat FY18 outlay

CHETAN BHUTANI | Jan 05 2017

Gadkari says FinMin proposing FY18 capex outlay at only Rs 58,362 crore or less than 50 per cent of Transport Ministry's proposal of Rs 90,904 crore.

Amit Mitra walks out of pre-Budget meet,cites 'financial emergency'

Jan 04 2017

A day after TMC leader Sudip Bandyopadhyay was arrested by CBI, West Bengal FM Amit Mitra staged an angry walkout from a pre-Budget meet.

Budget should not be linked to poll cycle: BJP

Jan 04 2017

With opposition protesting the move to present Union Budget on February 1, BJP rubbished their claims saying it should not be linked to election cycle.

Jaitley to hold pre-Budget consultations with states on Jan 4

Jan 02 2017

Finance Minister Arun Jaitley will hold pre-budget consultation with states on January 4, after the meeting of the GST Council gets over.

Early Budget to make funds available at start of fiscal: PM Modi

Dec 27 2016

PM Modi said advancing the date of budget presentation would help getting funds authorised for different sectors at the start of the financial year.

Demonetisation a big bold step, Budget must roll out stimulus


Reliance Capital chief investment strategist Madhusudan Kela says government is in a “sweet spot” and has space to roll out stimulus in the Budget.

Jaitley pitches for lower tax rates ahead of Budget


India Inc has demanded cut in tax rates and bolstering government spending on infrastructure and rural areas to pump prime the economy.

A.D. 2017: Make or break moment for India’s economy


Budget 2017 would do well to cut the personal and corporate income tax rate to 25 per cent, further moderate the proposed goods and services tax rates.

FinMin invites suggestions from citizens for Budget FY18

BTVI STAFF | Dec 07 2016

The public feedback for Budget has been a regular feature on MyGov for the last two years.

‘Honest taxpayers don’t have to worry at all on the black money curbs’


Prabhu says the government may now step up spending in the Budget to spur demand.

Prabhu hints at hike in govt spending in Budget to spur demand


Prabhu says government needs to continue filling in the gaps in spending.

India Inc seeks tax cuts in Budget, FM tells them to spend in infra

ASHUTOSH KUMAR | Nov 26 2016

India Inc suggested complete elimination or a major reduction in Minimum Alternate Tax.

Jaitley hints at major social welfare scheme in the Budget

BTVI STAFF | Nov 26 2016

FM says one of the major priorities of the Government is to make an extensive social welfare system.

Budget must cut direct tax rates, GST to spur growth: Assocham


Assocham president Sunil Kanoria says demonetisation has crimped economic activity by 40%.

FinMin expects Budget to be presented on Feb 1

Nov 04 2016

Finance Ministry is gearing up to present the Budget for next fiscal around February 1, advancing the scheduled date by a month.