(AT) सोना पर शुल्क बढ़ाकर 10 फीसदी टैक्स से बढ़ाकर 12.5 फीसदी कर दिया गया है. तंबाकू पर भी अतिरिक्त शुल्क लगाया जाएगा. पेट्रोल-डीजल पर 1-1 रुपये का अतिरिक्त सेस लगाया जाएगा.
Author: Aruna Sharma
(MC) GST rates have been eased with a relief of Rs 92,000 crore provided during the year. Further measures are being worked out to ease filing returns and tax compliance. A simplified single monthly return is now being ruled out. Taxpayers with an annual turnover of less than Rs 5 crooe will have to file only quarterly returns, she says. Our government has taken number of initiatives to promote digital payments. FM says to discourage the practice of making business payments in cash the government proposes to levy TDS of 2% on cash withdrawal exceeding Rs 1 crore in a year…
(PTI) Finance Minister Nirmala Sitharaman Friday said the government will bring a new national educational policy and Rs 400 crore has been provided for world class institutions. Presenting the first Budget of the Modi government in its second term, she said a draft legislation for higher education commission will be presented. India has potential to become educational hub, she said while proposing Study in India programme to attract foreign students. The finance minister also said that a National Sports Education Board will be set up under the Khelo India scheme. To sensitise youth about Mahatma Gandhi’s ideas, Sitharaman said a ‘Gandhi-pedia’ is being…
(PTI) Finance Minister Nirmala Sitharaman Friday said corporate India is a job creator as well as wealth creator and called for public private partnership to develop rail infrastructure. Presenting the the first Budget of the Modi 2.0 government Sitharaman said, 657 km of metro rail network has become operational across country while railway infrastructure will need Rs 50 lakh crore investment till 2030. Saying that schemes such as Bharat Mala, Sagarmala and UDAN (Ude Desh Ka Aam Nagrik) are bridging rural urban divide and improving transport infrastructure, she said “public private partnership to be unleased to develop rail infrastructure”. The finance…
(NDTV ) Finance Minister Nirmala Sitharaman, announcing the Union Budget for 2019-20 in Parliament on Friday, said India will become a $3 trillion economy this year. The government planned structural reforms to kickstart foreign and domestic investment, the Finance Minister said. “We need to invest heavily in infrastructure, digital economy, job creation,” she asserted. Public-private partnership (PPP) for railways, increased FDI in media and aviation, the issuance of Aadhaar cards to NRIs without a waiting period of 180 days on arrival, and schemes to provide power, water and clean cooking facilities for all were among the highlights of her speech.Ms…
(AT) वित्त मंत्री ने ऐलान किया कि विनिवेश के जरिए 1 लाख करोड़ रुपये जुटाए जाएंगे, जिसमें एयर इंडिया में भी विनिवेश किया जाएगा. साथ ही सरकार ने ऐलान किया कि लोन देने वाली कंपनियों को अब सीधा RBI कंट्रोल करेगी. सरकार ने 1 से 20 रुपये के नए सिक्कों का ऐलान किया है, जिन्हें जल्द लोगों के लिए जारी किया जाएगा.
(FE) FM Nirmala Sitharaman has now delivered almost one hour of her budget speech. In addition to the proposals she announced earlier in her speech, the Narendra Modi government has announced its vision on several economic and social fronts. Measures have been announced for financial markets with the idea of attracting more capital – she has proposed to increase public shareholding in listed companies, improve KYC norms for FPIs, get retail investors into the government treasury bills market and provide for more foreign participation in insurance intermediaries, media, aviation and animation. She has also announced her intention to get more NRI investment…
(LiveMint) To undertake strategic divest of Air India, other PSUs this FY. To consolidate non-finance central PSUs via mergers. To raise foreign shareholding till maximum limit in PSUs. Govt sets Rs 1.05 lakh crore divestment target for FY20: Budget. To take steps to separate pension fund regulation by PFRDA. Govt wants to realign govt stake in central PSUs for higher retail participation.
(Nagaland Post) Assam chief minister Sarbananda Sonowal on Thursday met union petroleum & natural gas minister Dharmendra Pradhan in New Delhi, reports Northeast Now news. Sonowal held discussions on leveraging the hydrocarbon potential of Assam to develop the state as a promising hydrocarbon hub. Sonowal, while appreciating the union government’s initiatives in developing the oil and gas infrastructure in Assam, stressed on speedy implementation of the new projects in the hydrocarbon sector in the state. He also highlighted issues such as expansion of Numaligarh Refinery, implementation of bio-refinery at Numaligarh, North East Gas Grid and Barauni-Guwahati Natural Gas Pipeline during the…
(BS) Union Minister Dharmendra Pradhan on Thursday called Secretary General of the International Energy Forum (IEF), Sun Xiansheng, and discussed ways to enhance energy cooperation. During the telephonic conversation, Pradhan noted that India and the IEF have a longstanding collaboration in energy, and stressed that the IEF can act as a neutral platform to help build consensus on responsible pricing. He also said that the IEF can help India in developing a mutually supportive relationship between its consumers and producers. Pradhan thanked the IEF Secretariat for supporting India in successfully hosting the 16th IEF Ministerial meeting in New Delhi last April, one…