Tag: Interim Budget

Out of the Rs1.10 lakh crore, Rs1 lakh crore has been allocated for government sector and the remaining Rs10,000 crore for other sectors. 

Bhubaneswar: The interim budget for the year 2019-20 will be presented in the Odisha Assembly on February 7, regarding which an official notification was issued by the Parliamentary Affairs department today. As per the notification, the Odisha Legislative Assembly will meet from February 4 till February 12, 2019. The session will begin on February 4 […]

Kolkata: Expressing concern over monetary provisions to meet the Interim Budget proposals, West Bengal Chief Minister Mamata Banerjee on Friday described the document as a “farce” and “manifesto of the BJP”. “The budget proposals will be not implemented… New government will present the budget. This government’s expiry date will be over in one month. What […]

New Delhi: Railway Minister Piyush Goyal was on Wednesday given charge of Finance Ministry in the absence of Finance Minister Arun Jaitley who is in the US for medical treatment, apparently ruling out his recuperation in time for the interim budget to be presented on February 1. Goyal will hold the portfolios of Finance and […]

New Delhi: With middle-class apathy on the rise, Finance Minister Arun Jaitley may double the income tax exemption threshold for the salaried from the present Rs 2.5 lakhs to Rs 5 lakhs while also reinstating tax-free status for medical expenses and transport allowance, providing some relief to the section already under strain since demonetisation. Though […]

Bhubaneswar: Post Interim Budget, Sensex ended 212.74 points higher at 36,469.43 while Nifty rose 62.70 points to 10,893.65… And Union Minister Ram Vilas Paswan somehow seemed right in calling the Interim Budget 2019-20 the ‘second surgical strike’ by the Narendra Modi government. Paswan said, “The first surgical strike was on the border. Soldiers fought it […]

New Delhi: BJP ally and Union minister Ram Vilas Paswan Friday dubbed the budget as the government’s “second surgical strike”, saying the first used bullets against the country’s external enemies while this will use ballots to decimate the ruling NDA’s rivals in the general election. “This is not budget but surgical strike. The first used […]

Bhubaneswar: The Modi-led NDA Government today announced a record budget grant of Rs 7010 crores for East Coast Railway and Odisha, reflecting an increase of 13 percent over last year. The total allocation contains all budgetary heads including projects, electrification, passenger amenities, workshops, track, staff amenities etc, informed sources. Under the budget, Rs 2,630 crore […]

New Delhi: Twitter on Monday said it recorded over eight lakh Interim Budget-related conversations in the four-day period (January 31-February 3) in which a tweet by Congress President Rahul Gandhi became the most re-tweeted. The budget-related tweets this year was more than 1.5 times the conversation volume from Budget 2018 in the same timeframe, the […]

Bhubaneswar: The 15th session of the Odisha Assembly was adjourned sine die two days ahead of the schedule on Friday. Though the session was supposed to end on February 12, Speaker P K Amat called off the session after the assembly passed the interim budget which was earlier tabled on Thursday. The budget session of […]

At a time when lakhs of central government employees are waiting for hike in minimum pay beyond the recommendations of 7th Pay Commission, Union Finance Minister Piyush Goyal, while presenting the interim budget on February 1, made a big announcement when he extended the benefit of income tax rebate to those with income up to […]

New Delhi: The Lok Sabha on Monday passed the Interim Budget for the financial year 2019-20 after a day-long discussion. Finance Minister Piyush Goyal introduced the Appropriation Bill and the Finance Bill amid a din in the House by a voice vote. The Bills were passed by voice vote after the Finance Minister’s reply. Goyal […]