Budget 2019
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The budget for New India has roadmap to transform agriculture sector of country, this budget is one of hope: PM
News | Jul 05, 2019, 02:16 PM ISTThis was Modi 2.0 government's first Budget, making Sitharaman only the second woman to have presented a Union Budget in the Lok Sabha.
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Sitharaman highlights infrastructure projects bridging rural urban divide in Budget 2019-20
Budget | Jul 05, 2019, 02:03 PM ISTFinance Minister Nirmala Sitharaman on Friday announced a slew of steps to scale up India's infrastructure including augmenting 1,25,000 km of rural roads under the Pradhan Mantri Gram Sadak Yojana at a cost of Rs 80,250 crore and and creating a national highways grid.
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Budget 2019-20: Foreign investors to be allowed to invest in NBFC debt securities
Budget | Jul 05, 2019, 03:06 PM ISTProposing a series of reforms of the capital market while presenting her maiden Union Budget, Sitharaman also proposed merging the Non-resident Indian (NRI) portfolio route with the FPI route to increase more NRI fund flows into the country.
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Budget 2019-20: What gets costlier, what gets cheaper
Budget | Jul 05, 2019, 06:24 PM ISTFinance Minister Nirmala Sitharaman presented the first Budget of the Narendra Modi government's second term in the Lok Sabha Friday morning. Here's the full list of what has become costlier and what has become cheaper.
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Government lower fiscal deficit target to 3.3 per cent for FY20
Budget | Jul 05, 2019, 02:01 PM ISTWhile presenting interim Budget 2019-20 in February, the government had pegged fiscal deficit target at 3.4 per cent.
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Government to focus on new-age skills for youth for high-paying jobs: Sitharaman
Budget | Jul 05, 2019, 01:56 PM ISTThe government will focus on imparting new-age skills in areas like artificial intelligence, Internet of Things, big data, 3-D printing, virtual reality and robotics to equip youth to take up high-paying jobs, Finance Minister Sitharaman said.
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Public Sector Undertaking bank shares jump up to 5% as government to infuse Rs 70,000 crore: Sitharaman
Budget | Jul 05, 2019, 01:50 PM ISTShares of public sector banks gained up to 5 per cent Friday after Finance Minister Nirmala Sitharaman announced fund infusion of Rs 70,000 crore into PSBs to strengthen them and enhance lending capacity.
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Scheme to modernize fishery sector: Nirmala Sitharaman
Budget | Jul 05, 2019, 01:42 PM ISTPresenting the Budget for 2019-20 in the Lok Sabha, Sitharaman said fishing and fishermen were closely aligned with farming and were crucial to rural India.
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India to become global e-vehicle manufacturing hub
Budget | Jul 05, 2019, 01:31 PM ISTIndia is capable of emerging as a hub for the production of electric vehicles (EVs), in the process boosting employment generation.
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Budget 2019: Government to double down to create a new-age skill set
Technology | Jul 05, 2019, 01:27 PM ISTFinance Minister, Nirmala Sitaraman in Budget 2019 said that there is a need to create skilled professionals in the New-Age technology that is fast changing the business landscape for both big and small enterprises.
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Firms with turnover of Rs 400 crore to pay lower 25 per cent corporate tax: Finance Minister
Budget | Jul 05, 2019, 01:19 PM ISTThe proposal would cover 99.3 per cent of the companies operating in the country, she said while presenting Union Budget 2019-20 in the Lok Sabha.
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Budget 2019-20: TDS of 2% on withdrawal of cash more than Rs 1 crore in a year, says Nirmala Sitharaman
News | Jul 05, 2019, 01:19 PM ISTTDS of 2% on withdrawal of cash more than Rs 1 crore in a year.
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2% TDS on cash withdrawal exceeding Rs 1 crore in a year
Budget | Jul 05, 2019, 03:45 PM ISTTo 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 from a bank account.
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Budget 2019-20: Government to infuse Rs 70,000 crore into state-owned banks
Budget | Jul 05, 2019, 01:00 PM ISTBanks have recovered Rs 4 lakh crore due to the Insolvency and Bankruptcy Code and other means effected in the past four years, she said.
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Before announcing the changes in tax slabs, FM Nirmala Sitharaman quotes Tamil couplet
News | Jul 05, 2019, 01:01 PM ISTUnion Finance Minister Nirmala Sitharaman is presenting the first budget of the Narendra Modi-led NDA government 2.0.
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Government aims to build 1.95 crore houses under PMAY-Gramin in 2 years
Budget | Jul 05, 2019, 12:56 PM ISTFinance Minister Nirmala Sitharaman Friday said the government will build 1.95 crore houses under the Pradhan Mantari Awas Yojna (PMAY) - Gramin over the next two years.
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I propose to consider issuing Aadhaar Card for NRIs with Indian passports: Nirmala Sitharaman
News | Jul 05, 2019, 12:41 PM ISTFinance Minister Nirmala Sitharaman: I propose to consider issuing Aadhaar Card for Non Resident Indians (NRIs) with Indian passports after their arrival in India without waiting for the mandatory 180 days.
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Government will invest widely in agri infrastructure: Sitharaman
Budget | Jul 05, 2019, 12:39 PM ISTFinance Minister Nirmala Sitharaman Friday said the government will invest widely in agriculture infrastructure and support private entrepreneurship for value addition in farm sector.
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Govt proposes Aadhaar card for NRIs
Budget | Jul 05, 2019, 05:19 PM ISTThe government proposed to consider issuing Aadhaar cards to Non-resident Indians (NRI)s with Indian passports in India without having to wait for the necessary 180 days.
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Safe drinking water for every citizen priority of govt: Finance Minister
Budget | Jul 05, 2019, 12:35 PM ISTFinance Minister Nirmala Sitharaman Friday said making available safe drinking water to every citizen is a priority for the government which is working towards 'Har Ghar Jal' by 2024.