India raised import tariffs on nearly 75 items including gold and automobile parts in its budget on Friday and increased taxes on the rich to help pay for recapitalising banks and supporting small business in a bid to revive sagging growth.
The Union Budget 2019-20 failed to cheer the equity markets as the stock indices slumped minutes after Finance Minister Nirmala Sitharaman concluded her speech.
India Prime Minister Narendra Modi’s government unveiled the budget for 2019/2020 on Friday, seeking to reverse weakening growth and investment that threaten to take the shine off
India’s full year budget for fiscal year 2019-2020, presented by Finance Minister Nirmala Sitharaman on Friday failed to enthuse Indian community in the UAE as there is nothing much for the NRIs.
Prime Minister Narendra Modi on Friday hailed a “new chapter for India” as his re-elected government unveiled what he called a “green” budget aimed at reviving growth and creating a $5-trillion economy.
Finance Minister Asad Umar has announced that the government would roll out a new tax amnesty scheme ahead of the next federal budget for individuals to declare their local and foreign assets under the scheme.
Indian markets took it in their stride the trade-related tensions troubling overseas markets and advanced sharply on Monday on the back of Finance Minister Nirmala Sitharaman’s measures announced last week to combat slowdown
Italy’s new government should not challenge European Union fiscal rules when it submits its draft 2020 budget to Brussels next month, the head of the eurozone finance ministers, Mario Centeno said.
Australia’s government said on Thursday its budget was in balance for the first time in a decade and a surplus this year was all but certain, though fiscal stimulus to boost jobs and growth was still seen unlikely for now.
Britain’s treasury chief on Wednesday announced an additional 65 billion pounds ($91 billion) of support for an economy ravaged by the coronavirus pandemic, extending job support programs and temporary tax cuts to help workers and businesses in his