Budget News - Page 11

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

Budget 2015: Government will revamp salary payment laws
The government today proposed to revamp laws governing salary payment and granting employees a choice over how they get salary.

Union Budget 2015: Arun Jaitley hasn't let us down, this is a budget worth remembering
Has Jaitley's second budget lived up to expectations? The answer should be a cautious yes.

'Plain and hollow' to 'not pro poor': What Oppn said about Budget 2015
Opposition on Saturday slammed as "hollow and plain" BJP's first full-year union budget, saying it lacked the vision and alleged that it was "repayment" by the BJP government to the rich and the corporates.

Mushkil yeh hai bagh mein ab tak, kaante kal puraney hai: Poetic Jaitley's couplet thrills BJP
Highlighting the achievements of his government, Finance Minister Arun Jaitley Saturday recited a couplet in parliament that elicited loud applause from the treasury benches.

Budget 2015: All the green initiatives announced by FM Arun Jaitley
Finance Minister Arun Jaitley said that the Clean Energy cess on coal will be increased by Rs.100 per metric tonne to fund clean environment initiatives.

Budget 2015: Govt announces new IIT in Karnataka, IIMs in Kashmir and Andhra
The government on Saturday announced the setting up of an IIT in Karnataka along with IIMs in Jammu and Kashmir and Andhra Pradesh.

Budget 2015: Infra gets Rs 70,000 cr more; tax-free bonds to end funds crunch
The government will also permit tax-free infrastructure bonds for the projects in the rail, road and irrigation sectors

Budget 2015: How FM Jaitley plans on curbing black money transactions in realty
Govt to enact tough penalties for tax evasion in new bill

Budget 2015: Coal auction to bring revenue windfall for states, says Jaitley
Stating that auction of coal mines is one of the top three achievements of the government in its nine months' period, Finance Minister Arun Jaitley today said the process would bring several lakhs of crores of rupees to the kitty of coal-bearing states.

Budget 2015: 100% tax exemption for contributions to Swachh Bharat, Clean Ganga
Finance Minister Arun Jaitley announced 100 percent tax exemption in Corporate Social Responsibility activities for Clean Ganga Fund and Swachh Bharat Kosh, , as he presented his first full-fledged budget in the Lok Sabha.

Union Budget 2015: Arun Jaitley offers a realistic blueprint for growth, but execution will be key
Arun Jaitley, who announced the Modi-government’s maiden full-year budget, has indeed scored a point in terms of offering a realistic blueprint for a much-needed reform push to the economy.

Budget 2015: FM defers GAAR by two years to woo foreign inivestors
The rules will now apply prospectively to investments made on or after 1 April 2017