Budget 2014 News - Page 4

Land acquisition, diesel deregulation must be tackled

Dharmakirti Joshi, chief economist, Crisil, believes, you have to start with cutting oil subsidies - with diesel deregulation taking the prime spot in reforms.

RBI growth stimulus not possible without fiscal consolidation

If fiscal consolidation is not No. 1 priority in this budget, the RBI will be unable to deliver the growth stimulus that is required.

Pranab must act to plug budget hole

Rupa Rege-Nisture, chief economist and general manager of the Bank of Baroda, speaks to Firstpost's Rajanya Bose in an exclusive video interview.

Budget 2012 needs a top-quality policy effort

Manika Premsingh spoke to Ajay Shah of the National Institute of Public Finance and Policy for Firstpost.

Govt must cut subsidy by merging NREGA and food security

Economists are keeping their fingers crossed on what lies ahead. But their prescriptions are clear: fiscal consolidation, energy pricing reforms, and rationalisation of subsidies.

Budget 2012: Key things to watch

Just a few hours left before Finance Minister Pranab Mukherjee presents his Union Budget proposals for the new financial year starting 1 April.

Budget 2012: All that you need to know about personal taxes

Real benefit is for those earning in the Rs 8-10 lakh bracket as it will give a straight and flat tax relief to the extent of Rs 20,000 .

Is budget 2012 good, bad, ugly? Here are 10 ways to rate it

Of the 10 points on which the budget can be evaluated, six are mildly positive. But the numbers could still go wrong.

Budget has taken the reality of India's situation: Swraj Paul

Reacting to the Budget, Caparo Group Chairman Swraj Paul said: "The budget has taken the reality of India's situation. There are too many problems that exist which need to be dealt with to make the economy .

Govt expenditure a worry but waiver of coal duty a positive: HSBC

Naina Lal Kidwai, country head of HSBC India, said the main worrying factor in this Budget is government expenditure as the money never reaches the right hands.

What! A ten on ten to Budget 2012?

While industry leaders have have described the Budget as pragmatic, timid and disappointing, there is someone who has given the budget a full ten on ten. Read on for more.

Budget a mixed bag of credit implications for corporates: Moody's

Dependence on corporate tax revenue and vulnerability to commodity prices and exchange rates weakens the government's credit profile and lack of specific policies in the Union Budget to address these weaknesses is "credit negative", Moody's said in a research note

Budget 2014: E-visas at nine airports to boost tourism

To give a major boost to tourism, e-visas will be issued at nine Indian airports, Finance Minister Arun Jaitley said on Thursday in his Budget 2014 speech.

Interim Budget 2014: What to expect from Chidambaram

Chidambaram may explain why economic growth slowed to a decade's low of 4.5 percent in 2012-13 and outline steps taken by the government to put India back on a high-growth trajectory.<br />

Budget 2014: Startups get 10,000 cr outlay to encourage entrepreneurship

Admitting that promotion of entrepreneurship and startup companies remains a challenge, Jaitley announces a Rs 10,000 cr fund to act as catalyst to provide equity, risk capitals for startups

Budget 2014: Modi Sarkar has big technology boost plans, but not many details

Firstbiz highlights a list of announcements focussed on tax reforms, corporate tax policy, India's IT industry, and more

Budget 2014: Rs 10,000 crore bonanza for MSMEs

The government has decided to set up a committee, including representatives from the Finance Ministry, Ministry of MSMEs, and RBI to give concrete suggestions on the financial architecture of the MSME sector in three months.

Budget 2014: Jaitley allocates Rs 1,000 cr to 'high priority' renewable energy sector

The government aims to construct Ultra Mega Solar Power Projects or high capacity plants in the radiation rich states of Rajasthan, Gujarat, Tamil Nadu, and Ladakh.

Budget 2014: Jaitley taxes unhealthy cigarettes, aerated drinks to improve fiscal health

Emulating the US system of taxing aerated drinks, the Finance Minister also chose to target aerated drinks but only those that contain sugar, sparing fruit juices and other aerated drinks like soda.<br />

Budget 2014: Defence sector allocated Rs 2.29 lakh cr, FDI cap hiked to 49%

The Ministry was allocated Rs 2,03,672 crore in 2013-14 and was provided Rs 2,24,000 crore in the interim budget presented by the UPA government in February this year.<br />

Budget 2014: Rs 2,037 cr more for Ganga; will this too flow down the river?

Jaitley announced an integrated Ganga development project called the 'Namami Gange' and allocated a fund of Rs 2,037 crore to it.

Budget 2014: Jaitley loosens the purse strings to boost education

The Finance Minister said primary education is a major priority for the Modi government and that steps would be taken to provide minimal school infrastructure facilities.<br />

Important numbers from Budget 2014 in a single infographic

Expectations had been high that the government would utilise India's strongest election mandate in 30 years to take radical steps comparable to the 1991 market reforms that unleashed an era of high economic growth.<br />

What we learned from Budget 2014: 100 crore is Jaitley's favourite number

The importance of Rs 100 crores in the Modi government's maiden Union Budget that was presented by Finance Minister Arun Jaitley today.

What Rahul Gandhi didn't say about Arun Jaitley's first budget

Here's what Rahul Gandhi may have said about Budget 2014

Smart cities to tax incentives : Here are the key sops in Budget 2014

Finance Minsiter Arun Jaitley's maiden budget offers no big bang reforms but does focus on boosting investor confidence in a bid to revive India's investment cycle and attract household savings into financial assets. <br />

Govt to raise spending, give more subsidies: Modi's budget is no 'bitter medicine'

Budget 2014 seeks to revive growth and curb borrowing, but left open questions on how it will reduce the fiscal deficit and restore investor confidence.

What the foreign media thought about Budget 2014

It was Modi, Modi-nomics, Hindus, FDI in defense and insurance sectors that caught the eye and peppered the headlines across international media when it came to budget 2014.

Budget 2014: Why Obama's and Jaitley's addresses are different, yet so similar

The three common threads in Jaitley and Obama's speech: entrepreneurship, infrastructure and religion.

Personal tax: How much you will save post Jaitley's tax proposals in Budget 2014

Finance Minister Arun Jaitley has provided some relief to the individual tax payer who has been bearing the brunt of high inflation in the economy.<br />