Citing the need to fast-track highways development and meet the ambitious plan of building 30 kms of roads a day, the Road Transport and Highways Ministry sought the doubling of its budgetary allocation to Rs 50,000 crore.
Miners' body Federation of Indian Mineral Industries (FIMI) has sought bringing down export duty on low-grade iron ore and pellets to nil in Budget 2015
Govt is contemplating tweaking tax laws to allow foreign firms to claim deduction in home countries for the dividend tax paid by subsidiaries in Budget 2015
FM Arun Jaitley is likely to clear the air about applicability of Minimum Alternate Tax (MAT) on Foreign Portfolio Investors (FPIs) in the Budget 2015
Industry body CEAMA has sought reduction in excise duty on consumer durables in the Budget 2015 to help the sector combat demand slowdown.
Federation of Indian Export Organisations too said that the Project Development Fund would push India’s project exports, helping both the merchandise and services sector.
Given that there is no customs duty on imported crude oil, the CST levy places domestic producers at a significant disadvantage vis-à-vis imported crude, government sources said.
Key policy reforms and sound policy initiatives to stimulate growth and sector-specific reforms for the education sector are in anticipation
Government is likely to define in the forthcoming budget the term 'substantial value' to tax MNCs for selling Indian operations by fixing 50 percent of their total asset base as the threshold.
The mainstream view now seems to be getting around to the idea that the government should forget about the fiscal deficit, during the next financial year and spend more money, in the hope of creating more economic growth.
In the Budget 2015, Will the FM take steps to address the malnourished children problem.
The negative trend in the WPI tells us that growth is the real challenge facing us now, and not inflation. Jaitley must thus address this issue, and not put fiscal deficit at the top of his agenda. That way lies disaster
As this Budget will be the first full-fledged budget by the new government, the expectations all around are high
The Budget 2015 is just a few days away and India Inc has a long wish-list . CNBC-TV18 in its special show Budget 2015: The Make In India Budget spells out the wishes and misses of India Inc.
Firstpost catches up with industrialists to assess what they'd like to hear from the Finance Minister in Budget 2015.
The renewable energy ministry has sought incentives such as excise duty exemption and 10-year tax holiday in the forthcoming budget 2015 to give a boost to the solar energy sector.
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.
Finance Minister in Budget 2015 is expected to incorporate Finance Commission's recommendations and cut government allocation for social sector spending by 25-30 percent.
The forthcoming budget should make a clear break from the past by actually shifting more resources and economic power to the states. Over time, this should shrink the relative share of the Central pie relative to states.
The implementation of GST may get delayed, if the passing of the Constitution Amendment bill in the budget session hits a roadblock
JDA is gaining prominence as a mode of transaction in the sector since it does not involve immediate cash outflow to the developer, says Neeraj Bansal, Partner and head of real estate practice, KPMG in India.
the electronics department has suggested to Finance Minister Arun Jaitley that some measures be taken to revive the Nokia plant in Chennai.
A higher fiscal deficit means the government will borrow more from the market through issuance of government securities.
The LTC/LTA is available to the individual and his family including spouse, two children, parents, brothers and sisters, who are wholly dependent on the assessee.
The real estate industry has sought more tax incentives and lower interest rates for the home buyers in the upcoming Budget to revive demand.
College student Suweksha Gupta wants the next Budget to do away with this imbalance and favours adequate budgetary allocation for educational institutions dealing with arts and humanities.
India may slash its food and fuel subsidy bill by 20 percent, or about $8 billion, in the annual budget to be presented next week, two government sources said.
For rural students, banks should offer loans at concessional rate and with 100% guarantee from the trust. Also, in case of default, the trust will need to pay 75% of the loan to banks.
Harkirat Singh, Managing Director of Woodland wants manufacturing to be given recognised status. Here's what else he's hoping for.