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Tax math, disinvestments will make or break Arun Jaitley's Budget 2015

Feb 28, 2015

Tax math, disinvestments will make or break Arun Jaitley's Budget 2015

Evaluating the budget is always a tricky job and ideally one should score the earlier budget based on realization versus budgeted numbers. #Economy #GDP #Disinvestment #Food Security Act #Economic Survey #Gaar #Fuel Subsidy #Jan Dhan #Defence expenditure
Budget pleases only corporates, income tax payers: Chidambaram

Feb 28, 2015

Budget pleases only corporates, income tax payers: Chidambaram

Accusing Finance Minister Arun Jaitley of pleasing just the corporates and the income-tax payers, his predecessor in the UPA regime P Chidambaram on Saturday said the Modi government's first full Budget has failed the fiscal test, the test of equity, and the test of rising inequality. #Politics #GDP #UPA #P. Chidambaram #Congress #BJP #NewsTracker #Arun Jaitley #budget 2015
Economic Survey 2014-15 sees no need for 'big bang' reforms to get 10 percent growth

Feb 28, 2015

Economic Survey 2014-15 sees no need for 'big bang' reforms to get 10 percent growth

The Economic Survey tabled in parliament is more optimistic in tone than others in the recent past. It sees "creative incrementalism" as the route to reforms and raising GDP growth to double-digits. One-shot big bang reform is not needed #Subsidies #Direct Benefits Transfer #Jan Dhan Yojana #Budget2015 #economic survey 2014-15 #double digit growth #GDP Growth CEA Arvind Subramanian #Economic Surbey
Here's why Arvind Subramanians economic survey offers a subsidy 'Nirvana'

Feb 27, 2015

Here's why Arvind Subramanians economic survey offers a subsidy 'Nirvana'

In his press conference, chief economic adviser Arvind Subramanian alerted journalists to not look at the Economic Survey as anything more than wishful policy thinking. #Economy #GDP #Kaushik Basu #Raghuram Rajan #Aadhaar #LPG #Arvind Subramanian #Jan Dhan Yojana #Budget2015 #RailwayBudget2015 #JAM Number Trinity
Budget 2015: 3 stats that show why tax evasion is a very serious problem

Feb 27, 2015

Budget 2015: 3 stats that show why tax evasion is a very serious problem

The government's endeavour should be to increase tax-to-GDP ratio to a higher level; for that, tax net should be widened and evasion checked #GDP #Tax evasion #Tax-to-GDP ratio #tax revenue #Budget2015 #Economy Budget 2015
Sensex surges more than 300 points ahead of budget

Feb 27, 2015

Sensex surges more than 300 points ahead of budget

The benchmark BSE Sensex gained 1.5 percent to 29,173.56 and the broader Nifty added 1.54 percent, heading towards their best single-day gain since 20 January. #Economy #Sensex #GDP #nifty #BSE #fiscal deficit #Tata Power #Arun Jaitley #MarketWatch #Rolta #Budget2015 #Bharat Electronics
Eco survey: Revive PPP as stalled projects now account for 7% of GDP

Feb 27, 2015

Eco survey: Revive PPP as stalled projects now account for 7% of GDP

The Survey said PPP Financing structure should attract pension and insurance funds, adding that high projects should shift to e-toll systems and escrow accounts. The Survey also said efforts were needed to reform direct tax system. #GDP #Investment #PPP #EconomicSurvey
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