Did FinMin mislead the Lok Sabha?

Did FinMin mislead the Lok Sabha?

Did our new finance minister attempt to  mislead parliament? There appears to be some disinformation in her budget speech. Presenting her maiden budget speech, Finance Minister Nirmala Sitharaman declared that the allocation on Education during the 2019-20 fiscal will be three times the revised estimate. But she stopped short of mentioning any figure. She just […]

Union Budget: Key points

Union Budget: Key points

Union Finance Minister Nirmala Sitharaman presented the budget in Lok Sabha. Here are the key points of Budget 2019 which will give you a fair idea of what will be costlier (or cheaper) now, and in which direction the country will be moving: No change in Income Tax slabs. However, surcharge has been increased for […]

Budget halves Basic Tax Rate; More Public Spending

Budget halves Basic Tax Rate; More Public Spending

New Delhi: Most middle income tax-payers have welcomed the Union Budget proposals announced February 1, though opposition parties bicker over the fine print. The big news is that donations to political parties will become more transparent. In a pre-poll Budget aimed at softening the demonetisation blow, Finance Minister Arun Jaitley halved the basic income tax […]

President opens Budget Session with Cash Ban praises

President opens Budget Session with Cash Ban praises

New Delhi:  President Pranab Mukherjee opened what is expected to be a ‘historic’ budget session lauding the cash ban and surgical strikes across POK. (Jan 31) Lauding the demonetisation decision and the surgical strikes across Line of Control (LoC) as “bold” decisions in the interest of the country, President Pranab Mukherjee today favoured a constructive […]