India Budget 2020

Budget 2020: Policy prescriptions for $5 trillion and beyond

Finance minister Nirmala Sitharaman will present her second Union budget in a few days. Here’s what she could do to revive economic growth. Read more »
India national infrastructure pipeline

Govt unveils mega infrastructure plan to push economic growth

The national infrastructure pipeline will entail projects in 23 sectors across 18 states and Union territories funded by the Centre, states and private sector. Read more »
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It’s a Catch-22 for finance minister Nirmala Sitharaman

The finance minister is left with few fiscal options to address the economic slowdown. Read more »
India's finance ministry to encourage bankers to take bold lending decisions.

Relax fiscal deficit curbs to tackle economic slowdown, state FMs tell Sitharaman

State governments led by Kerala, Bihar push for 4% deficit target, more funds to infrastructure. Read more »
FM Nirmala Sitharaman chaired the GST Council meeting attended by state finance ministers.

GST Council votes for the first time to levy 28% tax on all lotteries

Deadline for filing annual return and reconciliation statement for 2017-18 extended to January 31. Read more »
FM Nirmala Sitharaman may agree with states on GST rate hike.

GST update: Centre, states may agree to raise rates, rejig slabs

The GST Council meet on December 18 to take call on hikes amid a huge shortfall in revenue collections. Read more »
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India growth story: Here’s why recession fears are misplaced, Dr Charan Singh explains

The tax cuts and other measures taken by the Modi government will show their impact in the second half of the fiscal. Read more »
Impact of global minimum tax on India

GST compensation: State FMs seek early release of funds

Finance ministers of Delhi, Kerala, West Bengal, Punjab and Rajasthan say delay in payment has stalled state governments' activities. Read more »