FDI inflows were robust in 2019 despite headwinds, says FM

Government will invite suggestions on further opening up the aviation, media and animation sectors to FDI, in consultation with all stakeholders, said Finance Minister Nirmala Sitharaman while presenting the Union Budget today. Continue Reading

Budget: Sitharaman discards briefcase, carries ‘bahi-khata’

In a departure from the past, India’s first full-time woman Finance Minister Nirmala Sitharaman carried the Union Budget documents in a red bag, reminiscence of the traditional ‘bahi-khata’. Earlier, finance ministers in different governments used to carry a briefcase to present budget, which was considered as a tradition of colonial past. Continue Reading

Budget 2019: Nirmala Sitharaman to announce tax cuts Friday?

Nirmala Sitharaman has a huge task at hand to try and propose a budget that will satisfy all stakeholders, apart from taking over from where the earlier budget left, including filling in lapses that ensued. Continue Reading

Expect big income tax relief on home insurance in 2019-20 budget

Union Finance and Corporate Affairs Minister Nirmala Sitharaman may announce big relief on tax on home insurance in the Union Budget 2019 that is scheduled to be announced later this week. Continue Reading