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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 | July 05, 2019 14:16 IST

  This 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 | July 05, 2019 14:03 IST

  Finance 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 | July 05, 2019 15:06 IST

  Proposing 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 | July 05, 2019 18:24 IST

  Finance 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 | July 05, 2019 14:01 IST

  While 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 | July 05, 2019 13:56 IST

  The 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 | July 05, 2019 13:50 IST

  Shares 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 | July 05, 2019 13:42 IST

  Presenting 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 | July 05, 2019 13:31 IST

  India 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 | July 05, 2019 13:27 IST

  Finance 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 | July 05, 2019 13:19 IST

  The 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 | July 05, 2019 13:19 IST

  TDS 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 | July 05, 2019 15:45 IST

  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 from a bank account.

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  Budget 2019-20: Government to infuse Rs 70,000 crore into state-owned banks

  Budget | July 05, 2019 13:00 IST

  Banks 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 | July 05, 2019 13:01 IST

  Union 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 | July 05, 2019 12:56 IST

  Finance 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 | July 05, 2019 12:41 IST

  Finance 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 | July 05, 2019 12:39 IST

  Finance 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 | July 05, 2019 17:19 IST

  The 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 | July 05, 2019 12:35 IST

  Finance 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.