Budget News - Page 13

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

Sensex gains 262 points in early trade ahead of Budget, Nifty crosses 8,900 mark

The 30-share index of the Bombay Stock Exchange, which zoomed 473.47 points in the previous session on the back of robust growth projections in the Economic Survey, gained 262.33 points, or 0.89 percent, to 29,482.45.

Budget 2015: Will Jaitley unleash 'big bang' reforms that Economic Survey desires?

The government's annual report card on the economy, released on the eve of the union budget, said growth rate of over 8 percent is expected in the coming year, and that it can even rise to double-digit levels with the right policy push and reforms.

Budget 2015 is make-or-break for Modinomics

Prime Minister Narendra Modi's stomach for free-market economics faces a major test on Saturday, in a budget India's top economic advisor has warned could wreck the leader's promises of "good days" if there's no roadmap to reform.

Budget 2015: Jaitley must dissuade second home investments to deflate property bubble

The time has come to deflate the Real Estate bubble and discourage fetish for Gold consumption and channelize savings into productive capital formation by investment in infrastructure for the nation. There cannot be a better day to address this issue than Union Budget 2015.

Populism won't work in Budget 2015: Jaitley shouldn’t emulate rival Sisodia

The Modi government should also stand its ground on the issue of land acquisition. Restoring social impact assessment would be going back to square one with land acquisition getting embroiled in environmental and societal considerations which while being important should not condemn economic growth perpetually to the comatose state

Budget 2015 has 10 challenges; Jaitley cannot afford to screw up this time

If Arun Jaitley's 2014-15 budget was eminently forgettable, Budget 2015-16 is his opportunity to correct that impression. If he meets the 10 big challenges he faces head-on, this budget will be as important as the one in 1991

Economic Survey 2014-15 sees no need for 'big bang' reforms to get 10 percent growth

The Economic Survey tabled in parliament is more optimistic in tone than others in the recent past. It sees "creative incrementalism" as the route to reforms and raising GDP growth to double-digits. One-shot big bang reform is not needed

Little Bang: Economic Survey 2015 takes a realistic view on reforms

The double-digit growth that the Economic Survey sees as possible is not statistically difficult. More interesting is the practical approach it takes to reforms in a diverse, democratic polity.

Here's why Arvind Subramanian’s economic survey offers a subsidy 'Nirvana'

In his press conference, chief economic adviser Arvind Subramanian alerted journalists to not look at the Economic Survey as anything more than wishful policy thinking.

Budget 2015: Tap urban infra to revive economy; it's a Rs 7 lakh cr opportunity

Companies globally are watching the direction India will move on this front and will they be able to actualise it

Economic Survey does a Raghuram Rajan, hits bull’s eye on banking reforms

The responsibility of acting on recommendations such as reforming state-run banks and bringing in bankruptcy laws, rests with the government.

Budget 2015: 3 stats that show why tax evasion is a very serious problem

The government's endeavour should be to increase tax-to-GDP ratio to a higher level; for that, tax net should be widened and evasion checked

No privatisation of railways and retrenchment, says Prabhu

Under the policy of participative model for rail connectivity and capacity augmentation, investment of Rs 10,000 crore has been committed for 19 rail projects so far.

How to revive growth in India? Economic Survey hits the nail on the head

The government would do well if it acts in the direction offered by the economic survey