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The government on Friday increased the budgetary allocation for the Environment Ministry by 20.27 per cent to Rs 3,111.20 crore as it presented the interim budget for 2019-20.

In the last fiscal, the ministry was allocated Rs 2,586.67 crore.

In the

A slew of measures to boost the real estate sector were proposed by the Centre on Friday which includes extending the exemption period for levy of tax on notional rent on unsold inventories to two years.

Owners of unsold inventory are currently

State Bank of India beat expectations and posted its highest quarterly profit in nearly seven years on Friday, as the country's biggest lender by assets set aside lower provisions for bad loans and asset quality improved.

Its net profit was Rs 3,955 crore ($556

The interim Budget unveiled by Finance Minister Piyush Goyal on Friday will stimulate demand and boost economic growth, with a slew of sops for the middle class, farmers and workers in unorganised sector leading to more disposable income in their hands, India Inc said.

Industry leaders including Gautam Adani, Anand Mahindra, ITC Managing

Prime Minister Narendra Modi today said nearly 15 crore people and their families will benefit from the government's relief schemes for the farmers and the middle class in the interim budget, which comes months before the national elections due by May.

"I congratulate the

The NDA government led by Prime Minister Narendra Modi will ensure that every home across the country gets electricity connection by March this year, Union Minister Piyush Goyal said today in his Interim Budget speech that was seen as a populist budget in an election year.

"Till the year 2014, about 2.5 crore families were forced to live

The election-year Interim Budget will now give breathing room for people who are planning to save on paying tax on the profit they get from selling off property. Union Minister Piyush Goyal, in a long Budget speech that started out with placing

For every rupee in the government coffer, 70 paise will come from direct and indirect taxes, while the government will spend 23 paise towards state''s share of taxes and duties.

According to the Budget 2019-20 presented in Parliament by Finance Minister Piyush Goyal, for the every rupee earned, the collection from Goods and Services Tax

Finance Minister Piyush Goyal on Friday said the government has allocated Rs 64,587 crore for railways in the Interim Budget for 2019-20. Presenting the Interim Budget in Parliament, Mr Goyal said: "Indian Railways has experienced its safest

For the first time, budgetary provisions for the Home Ministry has crossed the Rs 1-lakh crore mark and is pegged at over Rs 1,03,000 crore for the next fiscal, with special emphasis on improving border infrastructure of police forces.

The ministry

Prime Minister Narendra Modi has delivered an interim budget likely to boost the government's popularity ahead of polls that are now just months away.

The budget includes big announcements such as a major income support scheme for farmers and a new pension program for workers.

Finance Minister Piyush Goyal on Friday announced the "Pradhan Mantri Shram Yogi Mandhan", a scheme to provide an assured monthly pension of Rs 3,000 per month for workers in the unorganised sector who earn up to Rs 15,000 per month.

While presenting the

The government on Friday increased the sports budget by Rs 214.20 crore for the financial year 2019-2020, including a hike in funds for the Sports Authority of India (SAI) and incentives for sportspersons.

In the interim budget presented by Finance Minister Piyush Goyal, the

Union minister Piyush Goyal presented the Interim Budget 2019 in parliament on Friday and announced major relief for farmers and individual taxpayers. This was the last Interim Budget of the NDA government led by Prime Minister Narendra Modi before the Lok

Union Minister Piyush Goyal said in his budget speech on Friday that income tax refunds will be processed within 24 hours and released immediately. "Within the next two years, the assessment of all tax returns should be done electronically without any personal

Union Tourism Minister KJ Alphons today said that while the annual budgetary allocation of Rs 6,000 for small farmers -- translating to Rs 3.3 a day per person for a family of five -- may not exactly sound like a monetary bonanza in terms of

Finance Minister Piyush Goyal on Friday said the country is poised to become a USD 5-trillion economy in the next five years and aspires to become a USD 10-trillion economy in the next 8 years thereafter. Presenting the Budget 2019-20 in the Lok Sabha, Mr

Finance Minister Piyush Goyal Friday said the government has been able to contain double digit inflation and has restrained the "back-breaking" inflation to an average 4.6 per cent. Presenting the Interim Budget 2019-20, Mr Goyal said during the

Over Rs 240 crore was allocated to the Personnel Ministry for domestic and foreign training of bureaucrats and augmenting necessary infrastructure during the next fiscal, according to the interim Budget presented by Finance Minister Piyush Goyal on Friday.

Of

Union Minister Piyush Goyal while presenting the Interim Budget 2019-20 in the Lok Sabha today, laid out the 10 "most importunate dimensions" of the government's "Vision 2030" saying they will pave the way for the country to turn

Finance Minister Piyush Goyal on Friday announced direct annual income support of Rs 6,000 to farmers with land holding of two hectares.

Presenting the Interim Budget for 2019-20 in the Lok Sabha, Goyal said the Pradhan Mantri Fund Scheme has been constituted with an aim to double farmers' income by 2022.

He said Rs 75,000 crore will be

Union Finance Minister Piyush Goyal on Friday announced Rs 61,398 crore budgetary allocation for the health sector for the 2019-2020 fiscal, with Rs 6,400 crore earmarked for the centre's ambitious "Ayushman Bharat" scheme.

The health outlay for the

Finance Minister Piyush Goyal Friday proposed to increase tax deducted at source (TDS) on rent income to Rs 2.4 lakh from the current Rs 1.80 lakh. Presenting the Budget for 2019-20 in the Lok Sabha, Mr. Goyal also announced that the TDS threshold on interest from bank and post office deposits will be raised from Rs 10,000 to Rs 40,000.

T

Finance Minister Piyush Goyal on Friday said the fiscal deficit will be at 3.4 per cent of GDP this year.

Presenting the Budget for 2019-20 in the Lok Sabha, Mr Goyal also said that current account deficit is likely to be 2.5 per cent of GDP this year.

He

Economic Affairs Secretary S C Garg on Friday said the government expects Rs 28,000 crore from the Reserve Bank as an interim dividend in the current fiscal. 

The government has already received Rs 40,000 crore from the Reserve Bank of India during

Presenting the Interim Budget, Finance Minister Piyush Goyal Friday explained some of the key proposals in Hindi, eliciting thumping response from ruling members. Finance ministers traditionally stick to their written speech in English.

During

The fiscal deficit this financial year would be 3.4 per cent of gross domestic product (GDP), slightly higher than the targeted 3.3 per cent, finance minister Piyush Goyal said on Friday while presenting an interim budget.

"Fiscal deficit has been brought down to

The government will borrow Rs 4.48 lakh crore from the market in 2019-20, marginally higher than the Rs 4.47 lakh crore estimated for the current financial year ending March 2019.

According to the Revised Estimate, the net borrowing for the current fiscal was raised

Asserting that inflation is a hidden and unfair tax on the poor and middle class, Finance Minister Piyush Goyal on Friday said the government has restrained the "back-breaking" inflation and brought it down to an average of 4.6 per cent.

The average rate of inflation

Union Minister Piyush Goyal on Friday proposed to increase the gratuity limit to Rs 30 lakh. The gratuity limit has been increased from Rs 10 lakh to Rs 30 lakh, Mr Goyal said while presenting the interim budget for 2019-20 in Parliament. The additional Rs 10 lakh in gratuity comes on the back of a raise of the same magnitude in gratuity by the