Budget News - Page 10

Arun Jaitley's Budget 2015 is lukewarm to the green energy sector

Modi’s optimism for renewable energy comes to nought as Jaitley’s Budget offers no definite roadmap

Budget 2015: Service sector needs to be taxed or no service from govt, says Jaitley

Even the negative list of services has been pruned, which means more services are now under the tax net including rides, bowling alleys, amusement arcades, water parks and others.

Budget 2015: Jaitley keen to bring foreign fund managers to India

Union Finance Minister Arun Jaitley doesn’t crunch numbers as he looks at long-term measures.

Budget 2015: Jaitley puts focus on digital connectivity to drive rural growth

Finance Minister Arun Jaitley announces expansion of the country’s optical fibre network and Rs 1,000 crore funds for startups.

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.

Budget 2015: Jaitley just deepened the crisis in public sector banks

In the absence of a recapitalisation roadmap, the government has to bring down its stake in banks to below 51 percent

Budget 2015: Two simple graphs explain how the govt spends every rupee

How every rupee comes and goes and goes out of the government's kitty.

Budget 2015: Alcohol to aerated drinks, here's what will get more expensive this year

The Union Budget 2015 has been presented by Finance Minister Arun Jaitley and as always something are going to get more expensive post the budget.

Budget 2015: Balanced, but nothing significant for electronics sector, says IESA

IESA urge the government to look at the critical demands from the ESDM sector like Deemed export status for ITA1 products, Setting up of Electronics Commission, Extension of MSIPs scheme for 5 years....

Budget 2015 takeways: Eating out gets costlier as FM raises service tax to 14%

Finance Minister Arun Jaitley today presented the Union budget for FY16 in the backdrop of easing inflation and interest rates but continued growth challenges which the government needs to address. Jaitley is under pressure to unveil reforms that will put the country’s economy on a path of 7-8 percent growth over the next two years.

Budget 2015: Wealth tax out, super rich will shell out 12% surcharge

The surcharge would now be 12 percent for individuals earning Rs 1 crore and above and companies with income of Rs 10 crore and above. "The rich and wealthy must pay higher taxes," Jaitley said.

Budget 2015: Arun Jaitley explains why he didn't give you any tax breaks this time

The Finance Minister has explained why he has gone back on his promise of raising income tax exemptions for the salaried class.

Budget 2015: Real estate investment trusts will continue to be unattractive

Despite getting one-time exemption on capital gains, domestic investors don’t gain much

Budget 2015: AP becomes first state to execute NOFN on its own

Andhra Pradesh had proposed to deliver broadband connection with 10-15 mbps download speed to each 12 million households for Rs 150/month that are planned to be covered under state designed project.

Budget 2015: FM proposes comprehensive Bankruptcy Code to promote entrepreneurship

"Bankruptcy law reform, that brings about legal certainty and speed, has been identified as a key priority for improving the ease of doing business," he said in the Budget 2015-16 presented to Parliament.

Budget 2015: Jaitley earmarks Rs 75 crore for electric vehicles in 2015-16

Further, the concessional excise duty of 6 per cent on specified goods for use in manufacture of electrically operated vehicles and hybrid vehicles, presently available up to this March, is being extended up to another year.

Budget 2015: FM proposes reduction in duties to promote 'Make in India'

Excise duty is restructured on certain goods such as wafers for use in the manufacture of integrated circuit (IC) modules for smart cards from 12 percent to 6 percent...

Budget 2015: Govt to set aside for Rs 1000 cr fund for tech start-ups, entrepreneurs

Finance Minister Arun Jaitley today announced Rs 1,000 crore for promotion of start-ups and entrepreneurs particularly in the technology sector.

Economic Survey: India home to 3,100 startups, ranks 4th in the world

Recognizing the need for greater penetration of IT Services domestically, the Survey notes that the Government’s ‘Make in India’ mission has included IT and BPM among the 25 focus sectors.

Budget 2015: Tech startups get Rs 1,000 crore boost; SETU to be set up

SETU will be a Techno-Financial, Incubation and Facilitation Programme to support all aspects of start up businesses, and other self-employment activities, particularly in technology-driven areas.

Budget 2015: Let's leave carping for tomorrow , it is Jaitley's day today

It would have been appropriate to kick start a process to exclude the better off sections from receiving subsidies even as the poor are protected

'Pragmatic, growth-oriented, and SME-friendly budget', says Gartner

Along the same lines, the nod to the ‘start-up ecosystem’ in the country is a major positive. This is the first time such language has made its way into the budget...

Budget 2015 anti-people, didn't consider interests of common man: Bengal govt

The West Bengal government described the Union budget presented by Finance Minister Arun Jaitley in Parliament on Saturday as "anti-people".

Why the FM is right in slowing the pace of fiscal consolidation

Lack of investments has affected economic growth. There’s an urgent need for public investments to keep the cycle going

Union Budget 2015 Live: Jaitley's budget will help India rise to new highs, Modi says

We track the latest developments around Budget 2015.

Budget 2015: Your next mobile phone, tablet computer just got expensive

There are few that would get costlier and cheaper post the Union Budget. Here are some of them.

Analysed and annotated: Full text of FM Arun Jaitley's Union Budget 2015 speech

Finance Minister Arun Jaitley on Saturday presented the NDA government's first full budget, promising to revive the economy from what he termed was a period of gloom.

Budget 2015: Jaitley’s proposals will cut down RBI powers, but give more teeth to Sebi

RBI is set to lose some of its power when some budget recommendations come into force.

Roundup: Arun Jaitley does not disappoint. Union Budget 2015 is reformist

The expectations surrounding this budget are scary, not because budgets can do so much, but largely because Arun jaitley muffed his last chance in July 2014. Budget 2015-16 will set the tone for the rest of the NDA government's life