Budget 2015 News - Page 8

It was an emergency sir: Man uses kitchen at railway station as toilet
A man was seeing urinating at a place which is used to clean utensils and wash vegetables at the railway station in New Delhi.

Rail Budget 2015: Forget bullet trains, make Railways faster and cleaner
If airlines can open bookings a year in advance there is no reason why the Indian Railways should not

Better food and services, not more trains: What the aam aadmi wants from Rail Budget 2015
What do people want from a Railway budget? CNN-IBN together with Today's Chanakya, conducted a survey to find out what the aam aadmi wish list for the rail budget was.

Budget 2015: 'Put teeth in ‘Digital India’ and ‘Make in India’ slogans'
Partha Iyengar, Vice President and Head of Research - India, Gartner explains how Digital India and Make in India have huge potential to transform India.

No lowering of fares: Prabhu's Budget will spell roadmap to put railways on track
Railway Minister Suresh Prabhu is set to present his maiden budget for the department Thursday amid expectations of a clear roadmap to re-energise one of the largest railroad networks in the world that's been floundering in recent decades due to a mix of political populism, lack of vision and funds crunch.

This one table shows why Indian Railways is in dire need for private capital
Ways to bring in more local and foreign capital, monetize assets, cut costs, promote more indigenous manufacturing, improve access to low-cost funding, boost governance by overhauling IT infrastructure as well as forming an independent authority to decide on rail tariffs would be key on observers’ minds.

Rail stocks mixed ahead of Rail Budget, Prabhu to focus on attracting investment
The budget will signal the direction of long-term reforms needed to revamp the world's fourth-largest rail network, Railway Minister Suresh Prabhu said today.

Rail Budget 2015: Expect improved design of coaches and vaccum toilets
Brokerage Motilal Oswal expects railways to report an improvement in finances, bolstered by freight revenue, announce new innovative sources of funding and make some headway in taking the PPP schemes forward.

If Budget 2015 isn't game changer, nothing will move further: MAIT chief
Anwar Shirpurwala, Executive Director of India's apex body of IT hardware manufacturers, MAIT, explains how India has a big opportunity in ICT manufacturing and how Budget 2015 can meet them.

Budget 2015: Jaitley should unveil a solid plan to refuel NPA-ridden public banks
Until the time the government remains the majority owner in state-run banks, it can’t escape from the responsibility of funding these entities

Budget 2015 offers FM Jaitley a chance to unleash some bold reforms. Will he?
The government could address various tax issues pertaining to the real estate investment trust and infrastructure investment trust regime to make it more attractive.

Budget 2015: Relief from double taxation on software a must
The government in its upcoming budget must ensure a simplified tax regime to relieve the burden of exorbitant taxes on this account.

Crystal ball gazing: Wear blue to avoid budget blues, Bejan Daruwalla's advice to Jaitley
The Budget will take the Modi government one step higher if not 10 steps. Thanks to PM Modi, Arun Jaitley will present a budget which will attract investors from across the globe to India. Jaitley will focus on Below the Poverty Line people, widows, orphans and those who want to grow with the funds the government will provide under various schemes.

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”

Mutual fund investors cannot buy or sell on Budget day
MF houses do not allot net asset value of debt or equity funds on non-business days and the allotments to funds are resumed on the following business day.

Jaitley risks the wrath of rating agencies if Budget 2015 fails to deliver
A rating action will prove costly for local firms in the form of heightened risk perceptions and corresponding increase in their borrowing costs

Reforms to decide whether India's sovereign rating will be upgraded, says Moody's
Finance Minister Arun Jaitley, in his first full-fledged Budget on February 28, is likely to lay down the roadmap for economic reforms and fiscal consolidation with a view to boost growth.

Budget 2015: Given the good they do nation, infrastructure bonds should be open to all
The government even while encouraging tax culture must not look down upon tax savings through infrastructure-centric investments

Defence exports could touch $17 bn by FY22: report
India is the world's largest importer of defence equipments with tens of billions of dollars in annual purchases of critical equipment for the armed forces.

Finance Commission report: Modi's federalism gets boost with bonanza for states
The Commission headed by former Reserve Bank of India governor, YV Reddy, has gone a step further beyond the resource sharing recommendations all Finance Commissions do and outlined a new paradigm of Centre-state relations.

Budget 2015: Funds for infrastructure is key to drive tourism, says Yatra's Dhall
The tourism sector plays a very strategic role in the country’s economy and we are hoping infrastructural improvement especially in the smaller towns and cities that house key tourism destinations, says Sharat Dhall, president, Yatra.com.

Boost for Modi's federalism: 42% of taxes collected will go to states
The 14th Finance Commission report has been tabled in parliament today. Here are some of the key recommendations that Firstpost has been able to put together from reports available so far

Budget 2015: Check out the Finance Commission's tips to fix fiscal deficit
The Commission has patted states on the back for largely meeting the fiscal consolidation targets set for them, while rapping the Centre on the knuckles for not being disciplined enough and amending the FRBM Act and Rules at its will.

Budget 2105: Only an overhaul of tax system can plug the revenue leakages
With the absolute majority of this government, this might be India's only chance to bold and grassroots administrative reform

Finance Commission upbeat on GST roll out, moots fund to compensate states
The government tabled the GST bill in the Lok Sabha in December and is hopeful to pass the landmark legislation in the budget session.

Budget 2015: Eliminate entertainment tax as it hurts broadcasting sector
It is imperative that the entertainment tax be eliminated or at least the rate of tax be moderated.

Budget 2015: CEO Opinion Poll shows expectations run high, says CII survey
According to majority of CEOs, the revenue deficit target for the coming year would be between 2.6–2.8 percent.


