Budget News - Page 13

Budget 2015: IT industry needs time bound execution of all initiatives, says Gartner

Even when the funds are available, the inability to get anything done in a reasonable time-frame has been the biggest barrier faced by Indian industry, says Gartner.

Full text: Budget Speech 2014

Here's the full text of the speech made by Finance Minister Arun Jaitley in Budget 2014.

Full text: Budget Speech 2013

Here's the full text of the Budget speech made by Finance Minister P Chidambaram.

Full text: Budget speech 2012

The full text of the speech made by Finance Minister Pranab Mukherjee in 2012.

Budget support critical for survival, say electric vehicle makers

Fearing closure of business, electric vehicle makers have sought government support in the Budget to give a boost to the sector saying the National Electric Mobility Mission Plan 2020 must be implemented at the earliest.

Budget2015: Cut service tax, support SMEs, says entrepreneur Bhutani

The entrepreneur was also in support for making housing and education loans more customer-friendly.

Micromax, Karbonn seek tax holidays, subsidies to grow domestic manufacturing

One of the fastest growing mobile phone market globally, India lags behind China as most handset makers, including Indian players, get their devices manufactured in China.

Oil a saving grace? Jaitley like to spend more on railways, roads in Budget 2015

Finance Minister Arun Jaitley is likely to earmark higher funds for public investments in the Budget to be presented this weekend, taking advantage from the savings he could mop-up from the steep fall in oil import bill in the past few months, says a report.

Budget2015: Money should reach colony level for development, says RWA member

The retired military man expects the government to come up with smart colony concept where money should be granted to colonies to meet their demands.

Budget 2015: Address issues of entrepreneurs and startups; they create jobs and wealth

The previous regime has done enough in wealth distribution. Jaitley’s Budget 2015 must lead India towards wealth creation.

Budget 2015: MAIT recommendations for the success of 'Make in India'

It is recommended that Central Government should come out with the draft GST legislation at the earliest for the purpose of understanding, discussions and eliciting the views of the business and trade.

Make debt fund dividends tax-free: What retail investors want from Budget

Retail investors would get more leg room if dividends from debt funds were made tax-free up to an investment amount of Rs. two lakh.

Budget 2015 could be the most significant since Manmohan Singh's 1991 budget

Most economists believe that there could be no better time to push through the reform agenda than now

No splurging please: FinMin asks depts to avoid spending rush in Jan-March quarter

The letter said that restriction of 33 percent and 15 percent expenditure ceilings in the last quarter of the current financial year and during the month of March respectively is to be strictly adhered to.

Even if Budget 2015 is a good one, markets will struggle in the short term

What the market seems to be indicating is that the medium term picture still looks good, despite the near term gloom

Budget 2015 and markets: Banking, financial cos, infra to outperform

This year’s budget to be presented by the Finance Ministe Arun Jaitley shall be the first full year budget presented by this government. The vibrant new government of Prime Minsiter Narendra Modi has a lot of expectations riding on it and this budget is expected to be a road map for the economy and what segments would be the growth drivers in the future.

IT industry seeks clarity on Rs 10,000 cr startup fund from last Budget

The local IT and ITeS industry has sought more clarity on the Rs 10,000 crore startup initiative announced by the Centre in last Budget.

WPI enters negative zone: Rate cut will come in April if budget favours it

Some economists do not rule out a mid-policy rate cut provided Union Finance Minister Arun Jaitely gets his budget formula right to offer a clear, convincing fiscal consolidation roadmap in the 28 February Union Budget.

Tax sops likely for investments in Swachh Bharat, Clean Ganga

Finance Minister Arun Jaitley is likely to provide tax incentives in Budget to encourage companies to participate in Swachh Bharat Abhiyan and Clean Ganga campaign as part of mandatory two per cent CSR spending.

Govt to unveil more reforms in Budget 2015 to woo investors: Swaraj

The new Indian government will unveil more reforms in the coming days, including in the forthcoming budget this month to woo foreign investment

Sensex hits 3 week high on optimism over upcoming Budget, rate cut hope

Riding high on optimism over the upcoming Budget and hopes of rate cut, Indian markets rose for the sixth straight day with benchmark Sensex surging 184.38 points to close at three-week high of 29,320.26 today.

Budget 2015: FM should defer GAAR if he wants to revive investor sentiment

The government should set up a panel that addresses specific industry issues and the same should be made enforceable across the country

Budget 2015: Tax regime will become simple and predictable, says Sinha

Ahead of Budget, the Finance Ministry today assured the global investor community of a simple and predictable tax regime.

RBI should hold rate steady even if Budget 2015 is good

Even if the RBI reduces interest rate further and Indian banks pass on the interest rate cuts immediately, one can't expect a meaningful revival in growth

Budget 2015: Govt may consider scrapping dividend distribution tax

he government is considering scrapping a dividend distribution tax in its annual budget this month

Budget 2015: State-run banks desperately need capital; will FM get solution right?

Beyond the pacifying words on autonomy and support at the Gyan Sangam, Jaitley will have to bring himself some concrete roadmap in the budget

Exemptions to Deductions: What aam aadmi wants from Budget 2015

The qualifying fixed deposit tenure can be reduced from five years to three years.

Budget 2015: Jaitley should announce incentives to boost job market

To boost job market, Finance Minister Arun Jaitley should announce measures in the Union Budget to enable entry of greater workforce into the formal sector and usher in labour reforms, HR experts say.

Stock market to remain volatile ahead of F&O expiry, Budget 2015

The pre-budget expectations will start building up and corresponding sectors may see increased interest, analysts said. Moreover, the stock market will be open on the Budget day, February 28, and trading would be conducted during normal hours from 0900 hrs to 1530 hrs, despite it being a Saturday. The stock market is generally closed on Saturdays and Sundays, except for special circumstances.

I-T exemption limit to LTA: FM Jaitley may dole out tax sops to win over the middle class

Eager to win over the middle class after the Delhi poll debacle, Finance Minister Arun Jaitley on February 28 is expected to present an aam aadmi friendly Budget by either raising tax slabs or hiking investment limit in savings instruments.