Arun Jaitley Finance Minister of India

MNREGA allocation rises to Rs.5,000 crore

The government will enhance the allocation to the Mahatma Gandhi National Rural Employment Guarantee (MNREGA) scheme by Rs.5,000 crore, Finance Minister Arun Jaitley said Saturday.

Feb 28, 2015, 12:42 PM IST

Sensex up 340 pts on Budget proposal to cut corporate tax rate

The benchmark BSE Sensex recovered over 340 points to trade in positive zone after Finance Minister Arun Jaitley proposed to reduce corporate tax rate in in Budget.

Feb 28, 2015, 12:40 PM IST

Visa on arrival now for 150 countries

India will provide visa on arrival (VoA) to people from 150 countries, a sharp rise from the 43 countries now, Finance Minister Arun Jaitley announced Saturday.

Feb 28, 2015, 12:37 PM IST

Sensexs gain on GAAR delay, plan to reduce corporate tax rate

The BSE Sensex and Nifty rose nearly 1 percent on Saturday, recovering from earlier falls after Finance Minister Arun Jaitley proposed to cut the corporate tax rate over the next four years and delayed the implementation of planned General Anti-Avoidance Rules (GAAR) by two years.

Feb 28, 2015, 12:33 PM IST

Two game changing reforms on the anvil: Arun Jaitley

In line with the expectation of major reform measures by the government, Finance Minister Arun Jaitley Saturday announced that two more "game changing reforms" are coming up.

Feb 28, 2015, 12:31 PM IST

Rs.150 crore for research under Atal Innovation Mission

Finance Minister Arun Jaitley Saturday announced the Atal Innovation Mission with an initial fund of Rs.150 crore for research and development.

Feb 28, 2015, 12:29 PM IST

National Skill Mission to develop youth employability

The government Saturday announced the launch of a National Skill Mission to develop youth employability, especially for those below 25 years of age.

Feb 28, 2015, 12:27 PM IST

Postal Deptt to use its vast network for proposed Payment Bank

Finance Minister Arun Jaitley today said the Postal Department will utilise the services of its vast network for the proposed Payment Bank.

Feb 28, 2015, 12:22 PM IST

Insurance cos gain on govt's announcement of schemes

Shares of insurance companies gained up to 4 percent after the announcement of several pension and insurance schemes in the Union Budget 2015-16.

Feb 28, 2015, 12:21 PM IST

Two lakh km of roads to be built

Finance Minister Arun Jaitley Saturday said the government intends to build two lakh km of road network.

Feb 28, 2015, 12:17 PM IST

Rs 1,000 cr fund for tech start ups, entrepreneurs: Govt

Finance Minister Arun Jaitley today announced Rs 1,000 crore for promotion of start ups and entrepreneurs particularly in the technology sector.

Feb 28, 2015, 12:16 PM IST

Government plans to bring down fiscal deficit: Jaitley

The government targets to bring down the fiscal deficit to 4.1 percent of the gross domestic product (GDP) in 2014-15 and further down to 3 percent in three years.

Feb 28, 2015, 12:13 PM IST

Sensex erases all gains; slips into red zone

As Finance Minister Arun Jaitley continued his Budget speech, the stock market benchmark Sensex today erased all its early gains of over 300 points and slipped into negative territory.

Feb 28, 2015, 12:11 PM IST

Govt to set up Mudra Bank for priority to SC/ST entrepreneurs

The government will a create a refinance agency, Mudra Bank with an initial corpus of Rs 20,000 crore to provide credit facilities to SC/ST businesses, Finance Minister Arun Jaitley said today.

Feb 28, 2015, 12:08 PM IST

Highlights: Budget 2015/16

highlights

Feb 28, 2015, 12:06 PM IST

Govt unveils universal social security and pension schemes

In order to ensure social security and promote public health, the government today proposed a slew of schemes like Pradhan Mantri Suraksha Bima Yojna, ATAL Pension Yojana and tax incentives for National Pension System.

Feb 28, 2015, 12:02 PM IST

India to increase infrastructure investment by $11.3 bn: FM

India will hike investment in infrastructure by USD 11.3 billion including on crumbling roads and railways in a bid to boost growth, the finance minister said Saturday as he unveiled his government`s first full budget.

Feb 28, 2015, 11:56 AM IST

Budget announces bank to fund small entrepreneurs

India will set up a bank to facilitate funding for the small entrepreneurs that make up the backbone of the country`s economy, Finance Minister Arun Jaitley said in his budget speech on Saturday.

Feb 28, 2015, 11:53 AM IST

Expert views: India sets 2015/16 fiscal deficit target at 3.9 pct of GDP

Finance Minister Arun Jaitley set India`s fiscal deficit target for the 2015/16 fiscal year at 3.9 percent of gross domestic product and said it would reduce the target gradually to 3 percent by 2017/18, one year later than previously expected.

Feb 28, 2015, 11:49 AM IST

Expert views: India sets 2015/16 fiscal deficit target at 3.9 pct of GDP

Finance Minister Arun Jaitley set India`s fiscal deficit target for the 2015/16 fiscal year at 3.9 percent of gross domestic product and said it would reduce the target gradually to 3 percent by 2017/18, one year later than previously expected.

Feb 28, 2015, 11:49 AM IST