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Union budget of India

Annual budget of the Republic of India

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The Union Budget of India, also referred to as the Annual Financial Statement in the Article 112 of the Constitution of India, is the annual budget of the Republic of India. The Government presents it on the first day of February so that it could be materialised before the beginning of new financial year in April. Until 2016 it was presented on the last working day of February by the Finance Minister in Parliament. The budget, which is presented by means of the Finance bill and the Appropriation bill has to be passed by Lok Sabha before it can come into effect on 1 April, the start of India's financial year.

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Smriti Irani hits out at opposition for accusing PM Modi of partiality

Union minister Smriti Irani on Monday hit out at the opposition for accusing Prime Minister Narendra Modi of partiality, saying he has ensured development of constituencies represented by leaders of..
IndiaTimes - Published

Bid being made to mislead people on Budget, says PM

PM Modi said an attempt was being made to mislead people about the Union Budget. His comments came on a day when the Sensex jumped more than 800 points and were seen as meant to motivate BJP MPs to..
IndiaTimes - Published

Union Budget is for 'crorepatis', offers nothing to poor, downtrodden, says MK Stalin


IndiaTimes - Published

CPM terms Union Budget disappointing for people of J&K


IndiaTimes - Published

Nirmala Sitharaman quotes Tamil poetess in Union Budget speech


IndiaTimes - Published

Congress hopes Union Budget will provide relief to salaried class, invest in rural India


IndiaTimes - Published

Violence during protests weakens democracy: President Ram Nath Kovind

"My govt is clearly of the view that mutual discussions and debates further strengthen democracy. At the same time, any kind of violence in the name of protest weakens the society and the country,"..
IndiaTimes - Published

Venkaiah Naidu calls meeting of all Rajya Sabha floor leaders ahead of Budget Session

Rajya Sabha Chairman Venkaiah Naidu has called all the floor leaders of the Upper house for a meeting at his residence on January 31, ahead of the budget session of the Parliament. The Union Budget..
IndiaTimes - Published

Ahead of Union Budget, PM Modi to meet top economists on Thursday

Ahead of the Union Budget, Prime Minister Narendra Modi will meet with the top economists of the country at Niti Aayog on Thursday as part of the annual exercise done by Niti Aayog before the budget...
IndiaTimes - Published

P Chidambaram says Karnataka, Goa crisis to hit 'economic goals' of India

The developments in Karnataka and Goa may help the BJP in "advancing their political goals", but at the "same time they are doing a great disservice to the economic goals of this country", the former..
DNA - Published

Budget revealed government's intention to 'aggressively' push privatisation: Railway union

Stating that the Union Budget has revealed the intention of the government to go ahead "aggressively" towards corporatisation and privatisation of railways, the National Federation of Indian Railwaymen..
IndiaTimes - Published

Goa's cashew processing industry hails Union Budget for hike in customs duty for cashew kernels


IndiaTimes - Published

Union Budget will only help capitalists: Mayawati

The BSP chief said the Budget would "encourage the private sector and help big capitalists" at every level, further "complicating" the issue of reservation for the Dalits and backwards besides problems..
IndiaTimes - Published

Arvind Kejriwal says Union Budget has nothing new

Since 2001-2002 Delhi government is getting Rs 325 crore as share in central taxes and the share continues to be stagnant. โ€œThe Delhi government deserves its legitimate share in central taxes to..
IndiaTimes - Published

Nitish Kumar, Sushil Kumar Modi hail Union Budget; not impressed, say opposition

Bihar chief minister Nitish Kumar Friday hailed the Union Budget for the announcement of "har ghar jal" scheme, pointing out that a similar initiative has been taken by his government in the state.
IndiaTimes - Published

Rahul Gandhi hints at Union Budget being pro-rich

Congress president Rahul Gandhi on Friday reached the Parliament ahead of the presentation of the Union Budget and deftly hinted at the Budget being pro-rich. When asked whether the Budget being..
IndiaTimes - Published

Nirmala Sitharaman begins presenting Union Budget

Union finance minister Nirmala Sitharaman has started presenting the Union Budget in the Parliament. Union Cabinet approved the budget ahead of its presentation in the Parliament. The first budget of..
IndiaTimes - Published

People of Rajasthan should get good returns in Budget for giving mandate to BJP in Lok Sabha polls: Sachin Pilot

Rajasthan deputy chief minister Sachin Pilot Wednesday said people of the state gave a massive mandate to the BJP in the Lok Sabha elections and they should get good returns in the Union Budget to be..
IndiaTimes - Published

PM Modi, Amit Shah, Rajnath Singh attend BJP Parliamentary Party meeting

The meeting took place ahead of the Union Budget presentation on July 5.
DNA - Published

Amit Shah on two-day J&K visit from June 26

Earlier, Shah was scheduled to visit the Valley for a day on June 30. "The visit has been advanced due to the home minister's busy schedule connected with the Union Budget. The home minister will chair..
IndiaTimes - Published

Ahead of Union Budget, PM Modi says reforms on govtโ€™s agenda

The government has made clear its intention to undertake reform measures to boost growth and highlighted the need to make the Indian economy competitive, Prime Minister Narendra Modi told a group of..
IndiaTimes - Published

PM Modi to review economic growth, meet economists, experts at NITI Aayog today

The agenda of the meeting will be to discuss macro-economic issues, the current slowdown in the economy and Union Budget which will be tabled in the Parliament on July 5.
DNA - Published

17th Lok Sabha's first session begins today; Union Budget, triple talaq bill on table


IndiaTimes - Published Also reported by •DNA