Budget News - Page 17

Inflation is lower but Raghuram Rajan may still not cut rates before Budget

In his Feb policy, Rajan is likely to keep his cards close to his chest, unless he chooses to go back to his reputation of springing surprises

Budget 2015: MAT’s use-by date was over on Day 1, abolish it now

The scheme of MAT is immoral as it casts aside the solemn provisions of the income tax law made by Parliament by a peremptory provision that undermines the former.

Parliament session starts from 23 February, Budget on 28th

The first part of this session will continue till 20 March. The second part will commence after a month-long recess from 20 April. The session will conclude on 8 May, official sources said.

Budget should provide more incentives for REITs, say stakeholders

To ensure success of newly created REITs, property developers and consultants have sought more tax incentives in the upcoming union budget on investments through this route.

Govt faces tough time as fiscal deficit overshoots budget target

Finance Minister Arun Jaitley has time and again reiterated that the government is committed to restricting the fiscal deficit at 4.1 percent of the GDP, which would be the lowest in seven years, and has taken several steps towards it.

RBI to look at overall budget, not just fiscal deficit

MUMBAI (Reuters) - The Reserve Bank of India says it is not locked into a specific number on the fiscal deficit, but will look at the overall budget package before deciding on interest rates, governor Raghuram Rajan told reporters on Tuesday. Earlier in the day, RBI held interest rates steady at 7.75 percent after easing monetary policy just three weeks ago, likely leaving its next move until after the government presents its annual budget at the end of this month

Delhi defeat won't slow down pace of economic reforms, says Arun Jaitley

The defeat of the BJP in the Delhi Assembly elections will not slow down the pace of economic reforms, Finance Minister Arun Jaitley asserted today.

FM Jaitley hints at reform packed Budget to boost growth

Ahead of the Budget, Finance Minister Arun Jaitley today hinted at more reforms for faster economic growth and rationalisation of expenditure, saying the government does not believe in living on borrowed money.

PM Modi seeks ideas on Budget 2015 at NITI Aayog's maiden meet

Modi brainstormed suggestions with leading economists at the maiden meeting of "think tank" NITI Aayog and will follow it up with another meeting with chief ministers on Sunday.

India's 2015/16 budget to assume growth of 8-plus pct - source

NEW DELHI (Reuters) - Revisions to India's economic output data mean that Finance Minister Arun Jaitley's upcoming budget should assume that the economy will grow by at least 8 percent in the 2015/16 fiscal year, a government source told Reuters on Tuesday. India has changed the way it measures economic activity to conform with international standards, resulting in huge upward revisions to growth figures but a small downward adjustment to the size of Asia's third-largest economy.

Don't want govt to live on borrowed money indefinitely, says Jaitley hinting at new spending cuts

The additionally hinted spending cuts would be over and above 10 per cent that the government has already announced to meet the budgeted 4.1 per cent fiscal deficit target.

Give us conducive tax environment with Budget: India Inc's tells Jaitley

Ficci President Jyotsna Suri urged Finance Minister Arun Jaitley in the pre-Budget consultation for creation of a conducive tax environment.

Jaitley prepares bonanza for middle class, may increase I-T exemption to Rs 3 lakh

If the finance minister increases the exemption limit now, it is likely to boost the urban consumption

Economic Survey: Cut fertiliser subsidy, restore farmers' pricing freedom to clip inflation

The Economic Survey has said that the government needs to implement wide ranging reforms to bring down persistently high food inflation.

Economic Survey: GST to be major milestone in indirect tax reform

According to the Economic Survey, GST will be the major milestone in the indirect reform in India that can improve the ease of doing business and promote efficiency.

Economic Survey: GST to be major milestone in indirect tax reform

According to the Economic Survey, GST will be the major milestone in the indirect reform in India that can improve the ease of doing business and promote efficiency.

Economic Survey 2014: Poverty, inequality fall but still a long way to go

The Economic Survey 2013-14 had mixed news as regards India's performance in various socio-economic sectors. While poverty numbers fell, India is still far behind several countries in indexes like schooling years and inclusion of women.<br />

Economic Survey 2014: Poverty, inequality fall but still a long way to go

The Economic Survey 2013-14 had mixed news as regards India's performance in various socio-economic sectors. While poverty numbers fell, India is still far behind several countries in indexes like schooling years and inclusion of women.<br />

A responsible Budget 2014? Economic survey hints at cut in wasteful govt spending

The survey pointed claimed the priority of the government will be the revival of business sentiment and restarting the investment cycle. <br />

Warring ministries, inconsistent policies have brought India's road sector to its knees

The survey expressed concerns that as many as 110 out of 239 central sector infrastructure projects, each costing Rs 1,000 crore or above, have reported delays.

Economic Survey: 'Use or lose' policy for freeing up locked land

The government could institute a 'use it or lose it' policy to free up locked land, which can be used for industrial estates, common facilities, incubators, etc.

Economic Survey: India lost competitiveness in key markets for stocks, rupee

The overseas market has developed into a significant competitor for India's two biggest markets - rupee and stocks, the pre-Budget Economic Survey 2013-14 said

Economic Survey: India lost competitiveness in key markets for stocks, rupee

The overseas market has developed into a significant competitor for India's two biggest markets - rupee and stocks, the pre-Budget Economic Survey 2013-14 said

Budget 2014: UPA policies rendered roads sector directionless. Will Jaitley change it?

Many projects are abandoned under UPA due to delays in land acquisition and environmental clearances and shortage of funding

Explainer: What is Fiscal Responsibility and Budget Management Act

Fiscal Responsibility and Budget Management (FRBM) Act was enacted by Parliament in 2003 to bring in fiscal discipline.

Budget 2014 Wishlist: Here's what IT companies want from FM

Here are some Pre-Budget expectations from technology companies in India...

Budget 2014 Wishlist: What Vadilal's Rajesh Gandhi wants from FM

The first budget of the Modi government will be out on July 10. Firstbiz spoke to head honchos across industries to know their expectations from Union Finance Minister Arun Jaitley's first budget.<br />

Economic survey message for govt: Get in private sector to develop infrastructure

In short, the survey tabled in Parliament today says the government should make every effort to enhance investments in infrastructure by private sector.<br />

Economic survey message for govt: Get in private sector to develop infrastructure

In short, the survey tabled in Parliament today says the government should make every effort to enhance investments in infrastructure by private sector.<br />

Budget 2014 Wishlist: What IET's Shekhar Sanyal wants from FM

The first budget of the Modi government will be out on July 10. Firstbiz spoke to head honchos across industries to know their expectations from Union Finance Minister Arun Jaitley's first budget.<br />