Budget News - Page 25

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.

Not good enough: Subsidy cuts in Budget 2015 may disappoint investors

India may slash its food and fuel subsidy bill by about $8 billion in the budget, two sources said, but despite the impressive headline, the cut is not as radical as free market champions had hoped for in Prime Minister Narendra Modi's first full budget.

Inheritance tax no good, instead change culture of saving too much for children, says Rajan

His views come amidst some voices seeking an inheritance tax in the forthcoming Budget

Modi govt braces for tough Budget Session, 44 bills on the agenda

An official release said that the financial business (11 items) include presentation of and discussion on general and railway budget, voting on demands for grants, supplementary demands for grants for 2014-15 and excess demands, if any, for 2013-14. The rail budget will be presented Feb 26, Economic Survey Feb 27 and general budget Feb 28.