Modi’s optimism for renewable energy comes to nought as Jaitley’s Budget offers no definite roadmap
Even the negative list of services has been pruned, which means more services are now under the tax net including rides, bowling alleys, amusement arcades, water parks and others.
Union Finance Minister Arun Jaitley doesn’t crunch numbers as he looks at long-term measures.
Finance Minister Arun Jaitley announces expansion of the country’s optical fibre network and Rs 1,000 crore funds for startups.
Accusing Finance Minister Arun Jaitley of pleasing just the corporates and the income-tax payers, his predecessor in the UPA regime P Chidambaram on Saturday said the Modi government's first full Budget has failed the fiscal test, the test of equity, and the test of rising inequality.
In the absence of a recapitalisation roadmap, the government has to bring down its stake in banks to below 51 percent
How every rupee comes and goes and goes out of the government's kitty.
The Union Budget 2015 has been presented by Finance Minister Arun Jaitley and as always something are going to get more expensive post the budget.
IESA urge the government to look at the critical demands from the ESDM sector like Deemed export status for ITA1 products, Setting up of Electronics Commission, Extension of MSIPs scheme for 5 years....
Finance Minister Arun Jaitley today presented the Union budget for FY16 in the backdrop of easing inflation and interest rates but continued growth challenges which the government needs to address. Jaitley is under pressure to unveil reforms that will put the country’s economy on a path of 7-8 percent growth over the next two years.
The surcharge would now be 12 percent for individuals earning Rs 1 crore and above and companies with income of Rs 10 crore and above. "The rich and wealthy must pay higher taxes," Jaitley said.
The Finance Minister has explained why he has gone back on his promise of raising income tax exemptions for the salaried class.
Despite getting one-time exemption on capital gains, domestic investors don’t gain much
Andhra Pradesh had proposed to deliver broadband connection with 10-15 mbps download speed to each 12 million households for Rs 150/month that are planned to be covered under state designed project.
"Bankruptcy law reform, that brings about legal certainty and speed, has been identified as a key priority for improving the ease of doing business," he said in the Budget 2015-16 presented to Parliament.
Further, the concessional excise duty of 6 per cent on specified goods for use in manufacture of electrically operated vehicles and hybrid vehicles, presently available up to this March, is being extended up to another year.
Excise duty is restructured on certain goods such as wafers for use in the manufacture of integrated circuit (IC) modules for smart cards from 12 percent to 6 percent...
Finance Minister Arun Jaitley today announced Rs 1,000 crore for promotion of start-ups and entrepreneurs particularly in the technology sector.
Recognizing the need for greater penetration of IT Services domestically, the Survey notes that the Government’s ‘Make in India’ mission has included IT and BPM among the 25 focus sectors.
SETU will be a Techno-Financial, Incubation and Facilitation Programme to support all aspects of start up businesses, and other self-employment activities, particularly in technology-driven areas.
It would have been appropriate to kick start a process to exclude the better off sections from receiving subsidies even as the poor are protected
Along the same lines, the nod to the ‘start-up ecosystem’ in the country is a major positive. This is the first time such language has made its way into the budget...
The West Bengal government described the Union budget presented by Finance Minister Arun Jaitley in Parliament on Saturday as "anti-people".
Lack of investments has affected economic growth. There’s an urgent need for public investments to keep the cycle going
We track the latest developments around Budget 2015.
There are few that would get costlier and cheaper post the Union Budget. Here are some of them.
Finance Minister Arun Jaitley on Saturday presented the NDA government's first full budget, promising to revive the economy from what he termed was a period of gloom.
RBI is set to lose some of its power when some budget recommendations come into force.
The expectations surrounding this budget are scary, not because budgets can do so much, but largely because Arun jaitley muffed his last chance in July 2014. Budget 2015-16 will set the tone for the rest of the NDA government's life