union budget - Latest News, Analysis, Opinion

Banking & Finance

The union said LIC's valuation surplus was Rs 53,211.91 crore, life fund stood at Rs 28.28 lakh crore and asset under management over Rs 31.11 lakh crore at the end of FY19.

Govt Likely To Fund Some $28 Bn Of Expenditure Via Off-Budget Borrowings

India’s committed spending, excluding capital spending, could be targeted at near 27 trillion rupees for the next fiscal year.

Total Wealth Of 63 Indian Billionaires Higher Than Last Year's Union Budget

Direct public investments in the care economy of two per cent of GDP will potentially create 11 million new jobs. This would make up for the 11 million jobs lost in 2018.

PM Modi Meets Top Economists Ahead Of Union Budget

"The Union Budget represents the aspirations of 130 crore Indians and lays out the path towards India's development. I invite you all to share your ideas and suggestions for this year's Budget on MyGov," Modi tweeted.

Govt Exempts Cash Payments Above Rs 1 Crore Via AMPC From 2 Per Cent TDS

Government had made the provision of levying 2 per cent TDS on cash withdrawals exceeding Rs 1 crore.

Union Budget 2019 LIVE Coverage: Exhaustive Coverage Of First Budget Of Modi 2.0

Companies & Markets Sector Reports Auto

BW brings minute by minute coverage of Union Budget 2019 LIVE as Finance Minister Nirmala Sitharaman presents it.

Union Budget 2019: The Expectations Of Auto Sector

Siddharth S

The Indian Auto Sector is dealing with a slowdown in sales and with BSVI norms right around the corner and electrification high on GOI's priority, the coming years are going to be tough for the Auto Industry.

Jobs: Central Government Jobs Increase 2.53 lakhs In 2 Years

Rajguru Tandon

Gadgets & Technology Gadgets & Apps

According to the budget documents, presented by Finance Minister Arun Jaitley on Thursday, the estimated workforce of central government establishments will be 35.05 lakh as on March 1, 2018, which is 2.53 lakh more than the head count of 32.52 lakh in March 2016

Budget 2018: Industry Leaders React To Import Duty Increase on Mobile Phones

Bhragu Haritas

Experts feel that the move to increase duty from 15% to 20% aims to promote local manufacturing of mobile phones in India.

Indian Budget 2018 Almost Kills Cryptocurrency, Govt Terms It An Illegal Tender

Urvashi Kapoor

Companies & Markets Sector Reports FMCG

After months of speculations over the fate of cryptocurrencies in India, Finance Minister Arun Jaitley in his Budget 2018 speech explicitly reiterated that all crypto-currencies, which include Bitcoin, are illegal and the government will take measures to eliminate it

FMCG: From Mixed Reactions In The Last FY To Expectations From This Year’s Budget

Dr. Rajeshwari. K

The FMCG (Fast-moving consumer goods (FMCG) or consumer packaged goods (CPG)) industry is the backbone of equity and human resource markets nationally

Budget 2018: Trade Unions Want Budget To Focus More On Job Creation

Rajguru Tandon