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  • Finance Ministry may talk to EC before finalising Budget date
    on September 26, 2016 at 4:38 am

    The elections in five states, he said, are likely to be held in phases and the government in no way wants any of them to clash with the Budgetary exercise. […]

  • Parliamentary panel to examine merger of Budgets
    on September 25, 2016 at 7:22 am

    With the Cabinet's approving the merger of Railway Budget with General Budget, the parliamentary panel on finance has decided to 'examine' the move along with its "ramifications thereof". […]

  • Finance Ministry issues instructions for Budget 2017-18
    on September 23, 2016 at 4:06 am

    The instructions were issued following the Cabinet decision to merge rail and general Budgets, do away with distinction between plan and non-plan expenditure, and advance date of Budget presentation with a view to complete the entire exercise before March 31, the fiscal year end. […]

  • Need for Kisan Budget as PM Modi govt not paying heed to farmers
    on September 23, 2016 at 2:04 am

    "They (farmers) fear that BJP government and Arun Jaitleyji will not give farmers their rightful share so I have asked the government to directly tell what it will do for the farmers next year", the Congress vice-president stressed. […]

  • 'Merger of Budgets a step towards privatisation of Railways'
    on September 22, 2016 at 10:50 am

    "The abolition of a separate railway budget is not what it is purported to be. It is a measure towards commercialisation and privatisation of the Indian Railways," CPI(M) Politburo said in a statement. […]

  • FM Jaitley takes dig at Rahul's demand for separate farm Budget
    on September 22, 2016 at 4:06 am

    At a press briefing, Jaitley announced that the Cabinet headed by Prime Minister Narendra Modi has decided to scrap nearly a century old practice of having a separate railway budget and merging it with general budget. […]

  • Budget overhaul: 2017 may be a breakout year for policy making
    on September 21, 2016 at 1:37 pm

    The Cabinet decision to bring forward the presentation of the union Budget and merge the Railway budget with it, along with a likely roll-out of the Goods and Services Tax from April 1 next year, could well make 2017 a breakout year for policy-making. […]

  • ‘Merging Budgets will bring railways to center stage of policy’
    on September 21, 2016 at 11:31 am

    With plans to remove classification according to plan and non-plan expenditures, Shaktikanta Das says the government has already started conducting dry runs of a budget without plan and non-plan expenditures. […]

  • Rlys won't have to pay dividend under merged Budget: Fin Secy
    on September 21, 2016 at 9:57 am

    Once the circular is issued Budget exercise will kick off, Finance Secretary Ashok Lavasa told CNBC-TV18. Under the contours of the merged Budget, gross budgetary support to Railways Ministry will continue, so will the commercial arrangements of Railways Ministry, he said. […]

  • Investments for rlys won't go down after merger: Yashwant Sinha
    on September 21, 2016 at 9:53 am

    Speaking to CNBC-TV18 Former Finance Minister Yashwant Sinha said the railways can’t be treated like any other department. "My own feeling is that the Finance Minister will have to grant a lot of autonomy to the Ministry of Railways, he said. […]

  • Ending plan non-plan expenditure: What does it mean?
    on September 21, 2016 at 9:27 am

    The government now plans to switch to a capital and revenue-spending classifications. This will help create a clear and effective link between the government’s earnings, spending and outcomes. […]

  • 7 questions you wanted to ask about Rail, Union Budget merger
    on September 21, 2016 at 8:22 am

    The Finance Ministry on Wednesday accepted the NITI Aayog member Bibek Debroy-initiated and Railway Minister Suresh Prabhu-backed proposal to merge the Rail and General Budgets. Here’s a quick take on the benefits and drawbacks of the merger. […]

  • Importance of railways goes away now: Former Rail Minister
    on September 21, 2016 at 7:40 am

    Dinesh Trivedi, Former Rail Minister, said: "If you don’t have a separate Budget for railways the importance for railways goes away. You don’t need a railway minister, merge it with surface transport." […]

  • On a single track: Rail, Union Budget merged
    on September 21, 2016 at 7:08 am

    The 92-year-old habit of presenting a separate Railway Budget has finally come to an end. Railway Budget has been merged with Union Budget. The government has also advanced the date for Budget presentation and having just one head of expenditure by merging both plan and non-plan expenditures. […]

  • Mutual fund inflow rises 43% to Rs 1.4 lakh cr in Q1: Amfi
    on July 12, 2018 at 9:26 am

    According to Association of Mutual Funds of India (Amfi) data, the inflow has also helped in pushing the assets base of the 42-player MF industry to Rs 23.40 lakh crore at the end of June this year, an increase of 20 per cent from Rs 20.40 lakh crore in June-end 2017. […]

  • Filed your FATCA? If not, your account will be blocked after April 30
    on April 29, 2017 at 11:51 am

    ll investors related to mutual funds (MF), bank account holders and those who have invested in insurance schemes cannot operate their accounts opened between July 1, 2014 and August 31, 2015, from May 1 if they are not compliant with FATCA — tax information sharing law. […]

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