Budget News - Page 12

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

Budget 2015: Jaitley puts India on green road to development, bonus for electric cars

Jaitley said that the government is launching a scheme for faster adoption and manufacturing of electric vehicles.

Budget 2015: In push for growth, FM to cut corporate tax rate to 25% in 4 yrs

The reduction in the corporate tax rate will result in a higher level of investment and higher level of growth

Budget 2015: FM proposes an expert committee, E-biz portal to promote ease of doing business

The government aims towards ease of doing business, he said adding he has recently launched an E-biz portal which integrates 14 regulatory permissions at one source.

Budget 2015: Govt permits foreign investment in real estate, PE and hedge funds

AIFs are basically funds established or incorporated in India for the purpose of pooling in capital from Indian investors for investing as per a pre-decided policy.

Govt to set up Mudra Bank for priority to SC/ST entrepreneurs

Jaitley said development has to generate inclusive growth, and while large corporate and business entities have a role to play, it has to be complemented by informal sector -- enterprises that generate maximum employment.

Budget 2015: Jaitley says India will get its own gold coin with Ashoka Charka on it

India will soon have its own gold coin, with the Ashoka Chakra minted on it.

Budget 2015: Jaitley takes black money head on, disincentivises cash payments

While presenting the Union Budget 2015-16, Finance Minister Arun Jaitley said that he will make schemes to disincentivise cash payments.

Govt unveils universal social security and pension schemes

The government proposes to launch PM Suraksha Bima Yojana to increase the access to insurance. It will be linked Pradhan Mantri Jan Dhan Yojana.

Jaitley begins budget speech: Nine things to expect from Budget 2015

A higher plan allocation for driving public investment. A gameplan to ask cash-rich public sector companies to start investing.

Time for hyperbole is over: Budget 2015 is Modi's chance to earn goodwill

Modi has squandered a lot of political capital over the past 9 months.

Eco survey: India a recovering economy, not a surging one, says Subramanian

Government's new GDP methodology is "puzzling" for none other than Chief Economic Advisor Arvind Subramanian, who today said the new numbers show growth to have accelerated during 2013-14 despite that being a "kind of bad year".

Is Eco Survey's double-digit growth estimate right? Budget 2015 holds key

Reviving investment cycle is key, but fiscal consolidation path will be watched