Budget 2015 News - Page 10

Budget 2015: Address issues of entrepreneurs and startups; they create jobs and wealth
The previous regime has done enough in wealth distribution. Jaitley’s Budget 2015 must lead India towards wealth creation.

Budget 2015: MAIT recommendations for the success of 'Make in India'
It is recommended that Central Government should come out with the draft GST legislation at the earliest for the purpose of understanding, discussions and eliciting the views of the business and trade.

Make debt fund dividends tax-free: What retail investors want from Budget
Retail investors would get more leg room if dividends from debt funds were made tax-free up to an investment amount of Rs. two lakh.

Budget 2015 could be the most significant since Manmohan Singh's 1991 budget
Most economists believe that there could be no better time to push through the reform agenda than now

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.

Even if Budget 2015 is a good one, markets will struggle in the short term
What the market seems to be indicating is that the medium term picture still looks good, despite the near term gloom

Budget 2015 and markets: Banking, financial cos, infra to outperform
This year’s budget to be presented by the Finance Ministe Arun Jaitley shall be the first full year budget presented by this government. The vibrant new government of Prime Minsiter Narendra Modi has a lot of expectations riding on it and this budget is expected to be a road map for the economy and what segments would be the growth drivers in the future.

IT industry seeks clarity on Rs 10,000 cr startup fund from last Budget
The local IT and ITeS industry has sought more clarity on the Rs 10,000 crore startup initiative announced by the Centre in last Budget.

WPI enters negative zone: Rate cut will come in April if budget favours it
Some economists do not rule out a mid-policy rate cut provided Union Finance Minister Arun Jaitely gets his budget formula right to offer a clear, convincing fiscal consolidation roadmap in the 28 February Union Budget.

Tax sops likely for investments in Swachh Bharat, Clean Ganga
Finance Minister Arun Jaitley is likely to provide tax incentives in Budget to encourage companies to participate in Swachh Bharat Abhiyan and Clean Ganga campaign as part of mandatory two per cent CSR spending.

Govt to unveil more reforms in Budget 2015 to woo investors: Swaraj
The new Indian government will unveil more reforms in the coming days, including in the forthcoming budget this month to woo foreign investment

Sensex hits 3 week high on optimism over upcoming Budget, rate cut hope
Riding high on optimism over the upcoming Budget and hopes of rate cut, Indian markets rose for the sixth straight day with benchmark Sensex surging 184.38 points to close at three-week high of 29,320.26 today.

Budget 2015: FM should defer GAAR if he wants to revive investor sentiment
The government should set up a panel that addresses specific industry issues and the same should be made enforceable across the country

Budget 2015: Tax regime will become simple and predictable, says Sinha
Ahead of Budget, the Finance Ministry today assured the global investor community of a simple and predictable tax regime.

RBI should hold rate steady even if Budget 2015 is good
Even if the RBI reduces interest rate further and Indian banks pass on the interest rate cuts immediately, one can't expect a meaningful revival in growth

Budget 2015: Govt may consider scrapping dividend distribution tax
he government is considering scrapping a dividend distribution tax in its annual budget this month

Budget 2015: State-run banks desperately need capital; will FM get solution right?
Beyond the pacifying words on autonomy and support at the Gyan Sangam, Jaitley will have to bring himself some concrete roadmap in the budget

Exemptions to Deductions: What aam aadmi wants from Budget 2015
The qualifying fixed deposit tenure can be reduced from five years to three years.

Budget 2015: Jaitley should announce incentives to boost job market
To boost job market, Finance Minister Arun Jaitley should announce measures in the Union Budget to enable entry of greater workforce into the formal sector and usher in labour reforms, HR experts say.

Stock market to remain volatile ahead of F&O expiry, Budget 2015
The pre-budget expectations will start building up and corresponding sectors may see increased interest, analysts said. Moreover, the stock market will be open on the Budget day, February 28, and trading would be conducted during normal hours from 0900 hrs to 1530 hrs, despite it being a Saturday. The stock market is generally closed on Saturdays and Sundays, except for special circumstances.

I-T exemption limit to LTA: FM Jaitley may dole out tax sops to win over the middle class
Eager to win over the middle class after the Delhi poll debacle, Finance Minister Arun Jaitley on February 28 is expected to present an aam aadmi friendly Budget by either raising tax slabs or hiking investment limit in savings instruments.

Not good enough: Subsidy cuts in Budget 2015 may disappoint investors
India may slash its food and fuel subsidy bill by about $8 billion in the budget, two sources said, but despite the impressive headline, the cut is not as radical as free market champions had hoped for in Prime Minister Narendra Modi's first full budget.

Inheritance tax no good, instead change culture of saving too much for children, says Rajan
His views come amidst some voices seeking an inheritance tax in the forthcoming Budget

Modi govt braces for tough Budget Session, 44 bills on the agenda
An official release said that the financial business (11 items) include presentation of and discussion on general and railway budget, voting on demands for grants, supplementary demands for grants for 2014-15 and excess demands, if any, for 2013-14. The rail budget will be presented Feb 26, Economic Survey Feb 27 and general budget Feb 28.

PM Modi faces torrid Budget Session, he needs backup plans to get laws through
With the opposition spoiling for a fight, the Modi government has a tough fight on its hands to get its various ordinances through. To negotiate this opposition, it will need to be both smart and flexible. It needs a Plan B and a Plan C.

Budget 2015: A make or break for investor confidence; Modi walking tight rope
The momentum of high investor optimism has indeed taken a pause, and is, probably, waiting for strong cues from the budget

Disinvest companies like LIC, Air India before nobody wants them: Deepak Parekh
Parekh also hoped the first full Budget of the Narendra Modi government would focus on reforms without much populism, and pitched for incentives for companies to launch new projects and give a boost to the 'Make in India' campaign.

Budget 2015: Govt may announce incentive package for medical services sector
The government is expected to announce an incentive package, including tax benefits, in the forthcoming Budget for domestic manufacturers.

Rajan’s lone voice against ills of 'Appellate Raj' deserves to be heard
Rajan’s comments on the risks of moving to “Appellate Raj” should be heard by the government and FSLRC with due seriousness in the interest of the banking system. After all, banks are the guardians of public money.
