The previous regime has done enough in wealth distribution. Jaitley’s Budget 2015 must lead India towards wealth creation.
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.
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.
Most economists believe that there could be no better time to push through the reform agenda than now
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.
What the market seems to be indicating is that the medium term picture still looks good, despite the near term gloom
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.
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.
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.
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.
The new Indian government will unveil more reforms in the coming days, including in the forthcoming budget this month to woo foreign investment
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.
The government should set up a panel that addresses specific industry issues and the same should be made enforceable across the country
Ahead of Budget, the Finance Ministry today assured the global investor community of a simple and predictable tax regime.
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
he government is considering scrapping a dividend distribution tax in its annual budget this month
Beyond the pacifying words on autonomy and support at the Gyan Sangam, Jaitley will have to bring himself some concrete roadmap in the budget
The qualifying fixed deposit tenure can be reduced from five years to three years.
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.
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.
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.
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.
His views come amidst some voices seeking an inheritance tax in the forthcoming Budget
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.
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.
The momentum of high investor optimism has indeed taken a pause, and is, probably, waiting for strong cues from the budget
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.
The government is expected to announce an incentive package, including tax benefits, in the forthcoming Budget for domestic manufacturers.
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.