Budget News - Page 6

Rail Budget 2016: Prabhu quotes Buddha; refers to poems of Vajpayee, Harivansh Rai Bachchan
From poems of Atal Bihari Vajpayee and Harivansh Rai Bachchan to teachings of Gautam Buddha, Prabhu referred to these all as he presented his Rail Budget

Railway Budget 2016: Railways to get budgetary support of Rs 4,301 crore in FY17
Government will provide budgetary support of Rs 4,301 crore to Railways for 2016-17, representing an increase of 15.58 % from the revised estimate

Railway Budget 2016 growth-oriented; revenue target a 'strong challenge': India Inc
India Inc says the new freight corridors envisaged by 2019 will help reduce transportation costs

Rail Budget 2016: Railway plans to set up organisation to develop National Rail Plan-2030
While presenting the budget on Thursday, Prabhu announced a Railway Planning & Investment Organisation to draft medium and long-term corporate plans

Affordable uthapam to lower medical bills: Can Jaitley's #Budget2016 meet aam admi's expectations?
Can the government not think of giving tax savings against education?

Entertainment industry doesn't exist for government says Prakash Jha ahead of Union budget
Jha believes, making a wishlist before the budget is just waste of energy and time
Top Five Cloud Computing Tips For SMEs
Confusion about cloud computing definition and uncertainty about its benefits are still fairly widespread amongst SME business owners.

Don't wait to time the market; invest your Rs 100 now, says Kamlesh Rao of Kotak
If you wait, you will have to enter at a higher level and then the returns will be lower

For middle-class to benefit, infra bonds should be tax deductible, not tax-free
Jaitley has given the benefits on a platter to the money bags while thumbing his nose at the middle class

Sorry Mr Jaitley, your Budget 2015 has left the IT industry in the lurch
Arun Jaitley came up with some concrete announcements this time, but still left many unanswered questions. For instance, there was no clarity on the Budget 2014’s key announcements such as Rs 10,000 crore startup fund and smart cities.

With govt getting a say, RBI’s inflation fighting will never be the same
The new set-up will help the RBI escape from the mud-slinging from the finance ministry every time there is rate hike, but will also reduce its powers

Core sector grows just 1.8% but Jaitley should not bank on RBI rate cut for growth
A growth revival is possible only if the Narendra Modi government walks the talk. The solution is not another RBI rate cut

Budget 2015 based on 2 risky assumptions; if they fail Jaitley may struggle to meet targets
India has taken a bet on the fiscal front. The risk may need to be balanced by not reducing the interest rate in next three to six months
Budget 2015: Why Jaitley rolled out goodies for FIIs? This graphic offers clues
If the government has to succeed in meeting at least 60 percent of the target, it has to keep the FIIs in good stead

Stimulus and reforms don't go together: Jaitley should have kept his fiscal deficit promise
Stimulus and reforms don't go together. Let's see if Jaitley and the Modi government are able to prove that wrong. Only time will tell. But with 282 members in the Lok Sabha, Jaitley should have kept his promise to bring down the fiscal deficit on 28/2.

Budget 2015: No steps to tackle black money via gold, imports seen surging
The NDA has been lucky as inflation is trending downwards and overseas gold prices are also falling. But Jaitley seems to have missed a chance by not cutting gold import duty

Jaitley redeems himself with Budget 2015: 12 reform themes that make it more than ordinary
Arun Jaitley has redeemed himself with his second budget, after the failure of the first one to set the Yamuna on fire. This one sticks to the path of "creative incrementalism" and should deliver results over the medium term

Budget 2015 sets stage for a new economic order, gives India chance to fly
Finance Minister Arun Jaitley decides to plump for growth, eases fiscal deficit target to push public investment; significant reforms on black money, ease of business and entrepreneurship

Budget 2015: The 4 measures announced by Jaitley that will be long remembered
The FM has taken heed of the global slowdown and the inherent opportunity and risk that lie there

Jaitley's tax gimmick: Budget 2015 gives tax benefit of only Rs 52,221, not Rs 4.44 lakh
The finance minister Arun Jaitley during the course of his budget speech today remarked: “After taking into account the tax concession given to middle class tax payers in my last Budget and this Budget, today an individual tax payer will get tax benefit of Rs 4,44,200.”

Budget 2015: States have to pitch in to realise PM's dreams of sanitation for all
Seven years after Independence, in 1954, the government of India first looked to addressing the issue of toilets in the country.

Budget 2015 has two game-changers that will make India a global financial hub
The two unexpected game-changers in Budget 2015-16 are in the financial sector: the move to legislate the Indian Financial Code will put the domestic consumer at the centre of finance; the other, GIFT, will make Gujarat an offshore financial centre.

Misplaced priorities? Budget 2015 doesn't allow govt to take on spread of diseases like swine flu
The budget fails to address the urgent requirements in the healthcare sector

Budget 2015: Draconian black money law won't work without one-time amnesty
The budget proposes tough - even draconian - laws to go after black money holders. But it may achieve little without also offering a one-time amnesty scheme so that the taxman can say "you were given a chance to come clean"

From gold bonds to cheap LCD, LED TVs: 10 takeaways from Budget 2015 for the aam aadmi
Despite no apparent mention of income tax incentive for the common man, finance minister Arun Jaitley provided certain reliefs in Budget, that will allow the aam aadmi to save more.

Dismal earnings return to haunt market as Budget 2015 offers nothing much to cheer
The Budget may have plenty of positives from a 12-month perspective, but it will no longer be a talking point for the market beyond the next couple of weeks

Budget 2015: Good, but falls short of being best says corporate India
Some may consider this a pro corporate budget but in reality it is a budget for growth, savings, industrial development and for the middle class.

Budget 2015: Left, RSS-affiliated farmer unions say nothing in it for farmers
Finance Minister Arun Jaitley’s Budget 2015-16 delivers a raw deal to the agriculture sector, seems to be the consensus view among bodies representing farmers.

Budget 2015: Will Chandrababu's TDP quit NDA over poor allocation to Andhra?
Supporters of Andhra Pradesh Chief Minister and TDP head N Chandrababu Naidu began attacking the BJP through social media with hard-hitting and derisive status updates soon after the Budget was out on Saturday.

GAAR to incorporate OECD initiative's norms on tax avoidance
Finance Minister Arun Jaitley in his Budget for 2015-16 yesterday had postponed by two years to 1 April 2017 the implementation of the controversial GAAR.