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Budget 2015: Jaitley puts focus on digital connectivity to drive rural growth

Feb 28, 2015

Budget 2015: Jaitley puts focus on digital connectivity to drive rural growth

Finance Minister Arun Jaitley announces expansion of the countrys optical fibre network and Rs 1,000 crore funds for startups. #India #finance ministry #NewsTracker #Arun Jaitley #Digital India #budget 2015 #Information Technology Budget 2015 #NOFNP
Economic Survey predicts over 8% growth in 2015-16: Time for big-bang reforms

Feb 27, 2015

Economic Survey predicts over 8% growth in 2015-16: Time for big-bang reforms

Just a day ahead of the Union Budget, the NDA-led government today tabled the Economic Survey for 2014-2015 in Parliament which outlines the broad direction of the Budget and the economic performance of the country. The Survey forecasts a growth rate of over 8% for the financial year 2015-2016 on the basis of the new GDP calculation formula and emphasises that there is scope for big bang reforms as of now. #GDP #finance ministry #Arun Jaitley #Growth #budget 2015 #Budget2015 #EconomicSurvey
Finance Comm gives more power to states but the Finmin just watered down co-operative federalism

Feb 25, 2015

Finance Comm gives more power to states but the Finmin just watered down co-operative federalism

The action taken report by the finance ministry says it has accepted the recommendation on Centre-state transfers in principle #finance ministry #Finance Commission #Revenue Deficit #Budget2015 #Economy Budget 2015 #cooperative federalism
No splurging please: FinMin asks depts to avoid spending rush in Jan-March quarter

Feb 23, 2015

No splurging please: FinMin asks depts to avoid spending rush in Jan-March quarter

The letter said that restriction of 33 percent and 15 percent expenditure ceilings in the last quarter of the current financial year and during the month of March respectively is to be strictly adhered to. #WhyNow #finance ministry #Government spending #Budget2015 #Economy Budget 2015
Budget 2015: Excise duty on leather shoes may be cut by half to 6%

Feb 20, 2015

Budget 2015: Excise duty on leather shoes may be cut by half to 6%

Finance Minister Arun Jaitley may consider reducing excise duty on leather shoes from 12 percent to 6 percent in the forthcoming Budget to give a boost to manufacturing. #finance ministry #Arun Jaitley #commerce ministry #budget 2015 #Budget2015 #Retail Budget 2015 #leather industry #leather shoes #Council of Leather Exports
Accord priority sector status to solar energy: Renewable energy ministry to FinMin

Feb 18, 2015

Accord priority sector status to solar energy: Renewable energy ministry to FinMin

The suggestion was made by renewable energy ministry in its memorandum to Finance Minister Arun Jaitley who is scheduled to present the Budget on 28 February. #Economy #ThisisNext #finance ministry #Arun Jaitley #Renewable energy #Piyush Goyal #Renewable Energy Budget 2015
Cash transfer under Central schemes directly to start by April

Feb 17, 2015

Cash transfer under Central schemes directly to start by April

The architecture and framework for direct cash transfers was put in place for rolling out direct cash transfers across the country. #finance ministry #NewsTracker #CRISIL #Aadhaar #Direct Benefit Transfer #DBTL #PAHAL
No red-tape: Now e-file a single copy of application for FIPB approval

Feb 17, 2015

No red-tape: Now e-file a single copy of application for FIPB approval

The finance ministry today launched an upgraded and secure portal for e-filing of FDI applications. #Economy #finance ministry #World Bank #FDI #PolicyWatch #FIPB
Tracking Black Money: FinMin detects Rs 250 cr tax evasion via entry operators

Feb 17, 2015

Tracking Black Money: FinMin detects Rs 250 cr tax evasion via entry operators

Tightening noose around the illegal entry operators, the Finance Ministry has detected routing of about Rs 250 crore black money through fake entries via non-existent business entities. #Black money #finance ministry #Kolkata #Tax evasion #Arun Jaitley #Ministry of Corporate Affairs #MCA #entry operators #Economic Intelligence Council
Budget 2015: Jaitley may seek to re-introduce customs duty on crude oil

Feb 16, 2015

Budget 2015: Jaitley may seek to re-introduce customs duty on crude oil

Given that there is no customs duty on imported crude oil, the CST levy places domestic producers at a significant disadvantage vis--vis imported crude, government sources said. #Economy #crude oil #finance ministry #Arun Jaitley #PolicyWatch #Sales Tax #budget 2015 #Budget2015 #Finance Budget 2015