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The Latest Breaking News from Budget

No 'halwa' ceremony this year, says government

NEW DELHI: The traditional 'halwa' ceremony, which marked the beginning of printing of budget documents, will not be conducted this year in wake of the ongoing coronavirus pandemic, the ministry of finance said on Thursday.

The Times of India

Union Budget again goes green, cuts down on printing to bare minimum

NEW DELHI: The Union Budget will go green this year too, cutting down on the vast printing of documents that was associated with the presentation of tax proposals and financial statement of Asia's third largest economy.

The Times of India

EU might propose freezing funds for Poland and Hungary before April

The European Commission could propose freezing European Union structural funds for Hungary and Poland over concerns for the rule of law before a Hungarian parliamentary election on April 3, Budget Commissioner Johannes Hahn said on Tuesday.

Reuters

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CII for additional 1% CSR levy in budget to provide Covid vaccine booster shots

NEW DELHI: Industry body CII has suggested the government include an additional 1 per cent corporate social responsibility levy apart from the mandatory 2 per cent for one year in the upcoming budget to encourage corporates to spend on providing Covid vaccine booster shots.

The Times of India

Budget: 'Govt should abolish STT to encourage new investors to start trading'

NEW DELHI: Market experts on Thursday said the government should consider relieving traders of the Securities Transaction Tax on equity trade in the Union Budget, which will be presented by the finance minister on February 1.

The Times of India

Stormont’s draft budget lacks strategy, fiscal watchdog warns

The recently established Northern Ireland Fiscal Council has issued its first annual budget assessment for the region.

The Independent UK

A dangerous precedent

By holding the Budget before the Assembly polls, the BJP government has shown scant regard for Parliament

The Hindu

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This Rental Car Stock's 1-Year Return Laps Tesla, Nio, GE, Plug Power

Avis Budget Group Inc. (NASDAQ: CAR) gets you where you need to go, and over the past year, portfolios a ride of a lifetime.

Benzinga

Budget 2022: Centre may stick to fiscal goals despite higher capex plan

NEW DELHI: The Centre is likely to continue with its fiscal consolidation plans in the 2022-23 budget, despite lower than estimated receipts from privatisation of state-run companies, and largely stick to its deficit targets.

The Times of India

Realtors heave sigh of relief over 2-yr tax exemption on notional rent on unsold homes

Developers and consultants feel that this budget proposal would benefit developers of major 7-8 cities, particularly those from the national capital region (NCR) and Mumbai Metropolitan Region (MMR) where unsold units are maximum.

The Economic Times

Does the Modi government have the legitimacy to run the government anymore?

Read the first part of how the Modi Government systematically made Parliament irrelevant here.

Newslaundry

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