Tag: Finance Minister Arun Jaitley
17 Results
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Union Budget: Why Delhi’s share in central taxes not increased, asks Sisodia
The Deputy Chief Minister of Delhi, Manish Sisodia hit out at the Union Budget 2018-19 on Thursday, saying that “BJP govt does not care for Delhi”. In a series of tweets, Manish Sisodia, who also holds the Finance portfolio, said that its was a disappointing Union Budget, while adding that not a single extra rupee …
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February 1, 2018 -
Union Budget 2018: What will be cheaper, what will be dearer
After Finance Minister Arun Jaitley presented the 2018-2019 Union Budget in Lok Sabha on Thursday, commodities such as mobile phones, jewellery and cigarettes will still cost you dear, while the FM has made efforts to make renewable energy affordable. The following is a list of products/services that will turn costlier: Cars and motorcycles Mobile phones …
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February 1, 2018 -
BJP lauds Union Budget 2018, Opposition terms it ‘disappointing’
As Union Budget 2018-2019 was presented by Finance Minister Arun Jaitley in Lok Sabha on Thursday. Chief Ministers of different states, leaders of Opposition took to social media to react on the Budget. While Prime Minister Narendra Modi termed the Union Budget as an “all-friendly budget”, here’s a look how politicians reacted on the Union …
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February 1, 2018 -
Union Budget 2018: Centre continues its step-motherly treatment to Delhi, says Kejriwal
Delhi Chief Minister Arvind Kejriwal on Thursday expressed disappointment at Arun Jaitley’s Union Budget 2018-19, saying “Centre continues its step-motherly treatment to Delhi”. Kejriwal took to Twitter, saying “I had expected some financial assistance to important infrastructure projects for national capital. Am disappointed that Centre continues its step-motherly treatment to Delhi”. I had expected some …
February 1, 2018 -
PM Modi hails Jaitley for an all-friendly Union Budget
Prime Minister Narendra Modi on Thursday hailed Finance Minister Arun Jaitley for presenting an all-friendly budget with a focus on agriculture, health and small businesses. PM Modi said that this budget has devoted attention to all sectors, ranging from agriculture to infrastructure. “This budget is farmer friendly, common citizen friendly, business environment friendly and development …
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February 1, 2018 -
Union Budget 2018: Rs 14.34 lakh crore for rural sector; proposal to raise institutional credit for agriculture
Finance minister Arun Jaitley presented the Budget 2018 today and announced a bounty of schemes and allocations for the rural and agriculture sector. An allocation Rs 14.34 lakh crore for creating livelihood in rural sector has been proposed by the finance minister. He has announced that minimum support price (MSP) of all Kharif crops will …
February 1, 2018 -
Union Budget 2018: Those in ‘hawai chappal’ must fly on ‘hawai jahaj’, says FM Arun Jaitley
Finance Minister Arun Jaitley announced Union Budget 2018 today and a plan to expand the capacity of airports for the common man to be able to fly was presented. The finance minister, during his Budget speech, said, “Even those who wear ‘hawaii chappal’ can now travel by ‘hawaii jahaj'”. Jaitley used the term ‘hawaii chappal’ …
February 1, 2018 -
Union Budget 2018: India to become $5 trillion economy soon, says Arun Jaitley
In his Union Budget 2018 speech in Parliament on Thursday, Finance Minister Arun Jaitley said India was on the path to become a $5-trillion economy soon. The Indian economy stands at $2.5 trillion now. Jaitley also said the economy was on course to achieve 8 per cent growth, which will be at 7.2 to 7.5 …
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February 1, 2018 -
Union Budget 2018: Rs 1.48 lakh cr for railways, capacity expansion priority
The Finance Minister Arun Jaitley, on Thursday during his Budget 2018 speech in Parliament, announced a capital expenditure of Rs 1.48 lakh crore for the Indian Railways in his Budget 2018 speech in Parliament. Most of this money will be spent on capacity expansion, since it is a priority for the national transporter, Jaitley said …
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February 1, 2018 -
Union Budget 2018: In a first, Finance Minister Arun Jaitley presents bilingual Budget speech
The final Union Budget of the Narendra Modi-led NDA government is currently being presented by the Finance Minister Arun Jaitley. The finance minister decided to take a slightly different route as he announced the Budget in two languages – Hindi and English. This is for the first time that a Budget is presented bilingually. This …
February 1, 2018 -
Union Budget 2018: Rs 5 lakh healthcare cover for 10 crore poor families, says Jaitley
Finance Minister Arun Jaitley on Thursday announced a flagship National Health Protection Scheme under which Rs 5 lakh cover will be provided a year to 10 crore poor and vulnerable families in the country. “We are now launching a flagship national health protection scheme to cover 10 crore poor and vulnerable families. This is approximately …
February 1, 2018 -
Union Budget traditions: From halwa ceremony, leather briefcase, to budget speech
As Finance Minister Arun Jaitley presents the Union Budget 2018-19 in the Lok Sabha on Thursday (1 February 2018), which is BJP-led NDA government’s last full Budget before the polls in 2019 and also the first Union Budget since the government announced the Goods and Services Tax (GST). Here’s a look at the budget traditions …
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February 1, 2018 -
Lok Sabha condoles MP’s demise, proceeds with Budget
The Lok Sabha on Thursday condoled the death of senior BJP MP from Maharashtra Chintaman Wanaga and then proceeded with the Budget presentation. As soon as the House met for the day, Lok Sabha Speaker Sumitra Mahajan read out the obituary reference, and added that the House should have been adjourned for the day but …
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February 1, 2018 -
FM has tough task to choose between populism, fiscal prudence
Finance Minister Arun Jaitley will on Thursday present the current NDA government’s fifth and arguably his toughest Budget yet as he seeks to address agriculture distress, create jobs and boost growth while at the same time stick to fiscal prudence. The Budget, in view of upcoming assembly polls in eight states – including three major …
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January 31, 2018 -
Budget Session: President Kovind addresses both Houses of Parliament
The first leg of the budget session of the Parliament commenced today and the President of India Ram Nath Kovind is addressed a joint session of both the Houses. The session will go on till February 9. While the Economic Survey 2018 was tabled today by Finance Minister Arun Jaitley, the Budget 2018-19 will be …
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January 29, 2018 -
Arun Jaitley’s last full Budget to be different due to GST
The last full Union Budget to be presented by Finance Minister Arun Jaitley in the forthcoming session of Parliament beginning on Monday will be unlike his previous four such exercises because of the complete overhaul of the indirect tax regime effected by implementing the Goods and Services Tax (GST) last year. The Budget, to be …
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January 28, 2018 -
Union Budget, earnings key triggers for equities this week
Stock market participants will be keenly awaiting the Union Budget to be presented on February 1 to decide their future course and will also have their eyes glued to corporate earnings, including of blue-chips HDFC and ICICI Bank, this week, according to experts. PMI data for the manufacturing sector which is due on Thursday would also influence trading …
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January 28, 2018