New Delhi: Union Finance Minister Nirmala Sitharaman presented the Union Budget, for the year 2010-21, in the Lok Sabha. It is claimed that the relief for the people in the income group 500,000 to 1,500,000, in the income tax, is the highlight of the budget. It is also claimed that as the person will have […]
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New Delhi: Union Finance Minister Nirmala Sitharaman said ‘The Indian economy will reach the $5 trillion mark in the next five years. The 2019 budget lays the foundation for this.’ This budget presented by her has been welcomed by the Industry sector in the United States. Senior US officials are claiming that along with India’s […]
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New Delhi: Finance Minister Piyush Goyal presented the interim budget for 2019 which focused on increasing the income limit for tax exemption to five lakh rupees and on the development of farmers, unorganised workers, health and infrastructure. A whopping amount of more than three lakh crore rupees for defence and more than one lakh crore […]
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Brussels: ‘The existence of the European Union is threatened and the member countries themselves are trying to weaken and destroy it’, was the sensational warning issued by Budget Commissioner, Günther Oettinger. He created a further sensation by naming countries like Italy, Poland, Hungary and Romania. At the same time, Oettinger claimed that there is also […]
Read More »New Delhi: Finance minister Arun Jaitley presented the budget that gave priority to agriculture, agriculture related industry and infrastructure development in rural India. The budget is trying to give impetus to the manufacturing sector and employment generation, said the Finance minister. At the same time the announcement of providing security of health insurance of 5 […]
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Washington – US President Barack Obama has approved the defense budget draft which included giving more importance to defense partnership with India. Obama has approved a “National Defense Authorization Act (NDAA) which proposes to appoint a special officer to increase India’s defense partnership with the US. At the same time it was made clear that […]
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Tokyo : With the concerns of increased security risks from China and North Korea, Japanese government has begun preparations to sanction a defense budget of $52 billion. A proposal to this effect will be presented in the Japanese parliament in the coming week. This defense budget includes expenses for production of military drones, upgradation of […]
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New Delhi : The Railway Budget, being presented for the last 92 years will be discontinued from the next financial year. The Railway Budget will be merged along with the 2017-18 Union Budget. Railway Minister Suresh Prabhu had earlier proposed to discontinue the separate Railway Budget and include it in the Union Budget itself. This proposal […]
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