Budget Impact: Free drugs, diagnosis to ensure 'Health for All' priority
Aiming to ensure "Health for All," government on Thursday promised to take up on priority initiatives like providing free drugs and diagnostic services besides earmarking Rs 500 crore to set up four more AIIMS-like institutes and earmarked Rs 39,237.82 crore for the sector.
Jul 11, 2014, 14:03 PM IST
Black money a curse of economy, says Jaitley
The Finance Ministry has already constituted a Special Investigation Team (SIT) under the chairmanship of former Supreme Court judge Justice M B Shah.
Jul 11, 2014, 14:00 PM IST
PF trusts without regular exemption may come under tax net
There are 3,621 private PF trusts which are regulated by EPFO.
Jul 11, 2014, 13:59 PM IST
Industry hails infra reforms announcements in Budget
Narendra Modi's maiden budget has paved way for infrastructure reforms and has created a sense of confidence among investors, who are awaiting removal of structural bottlenecks in projects, industry analysts and India Inc on Thursday said hailing announcements.
Jul 11, 2014, 13:56 PM IST
At Rs 6,000-cr, Modi govt grants 50% jump in ISRO Budget
In 2013-14, although the Department of Space was initially given Rs 5,615 crore, that allocation was later revised to Rs 4,000 crore.
Jul 11, 2014, 13:45 PM IST
Mutual Fund industry says Budget a mixed bag
The mutual fund industry on Thursday welcomed the Budget proposal to increase the tax exemption limit under section 80C of the Income Tax Act to Rs 1.5 lakh, but said other measures were a mixed bag.
Jul 11, 2014, 13:42 PM IST
US investors welcome Modi govt's maiden Budget
The maiden Budget of the Modi Government has been hailed by American experts and corporate sector here as a step in the right direction to generate employment and foster growth.
Jul 11, 2014, 13:35 PM IST
Budget impact: Mobile phone prices may go up
Consumers may have to shell out more money for buying mobile phones as the government has proposed education cess on imported electronic products.
Jul 11, 2014, 13:28 PM IST
Jewellery sector expresses disappointment with Union Budget
The gems and jewellery industry which had sought reduction in the gold import duty as well as abolition of the stringent "80:20 norms", expressed its disappointment with Union Budget.
Jul 11, 2014, 13:24 PM IST
Union Budget 2014-15: Bankers welcome Budget, say it ushers in growth environment
Bankers on Thursday hailed Finance Minister Arun Jaitley's maiden budget, saying it would create an enabling environment for future growth.
Jul 10, 2014, 23:35 PM IST
Union Budget 2014-15: Govt allows manufacturers to retail on e-commerce platforms
Finance Secretary Arvind Mayaram said the move is not about allowing foreign retailers to sell items online, but to encourage domestic manufacturing.
Jul 10, 2014, 23:24 PM IST
Union Budget 2014-15: Govt will not rely on retro tax amendment, says Jaitley
"Will this government rely on retrospective tax legislation. My answer is no."
Jul 10, 2014, 22:56 PM IST
Union Budget 2014-15: Industry hails infra reforms announcements in Budget
Earnest & Young's Tax Partner-Infrastructure Practice, Samir Kanabar said Budget 2014 has showered much awaited reforms in infrastructure sector.
Jul 10, 2014, 22:25 PM IST
Union Budget 2014-15: Govt, RBI to devise modern monetary policy framework
With prices staying at stubbornly high level, the government and the RBI on Thursday agreed to devise a modern monetary policy framework with clear inflation targeting.
Jul 10, 2014, 22:14 PM IST
Union Budget 2014-15: Agri industry gives mixed reaction to Budget
The Budget's proposals to boost irrigation, agri-research and food processing have been received well by the industry.
Jul 10, 2014, 22:05 PM IST
Union Budget 2014-15: Industry captains hail Modi govt's first Budget
Industry players said it sets the tone for attaining higher growth trajectory, job creation and attracting investments for an economy grappling with multiple challenges.
Jul 10, 2014, 21:54 PM IST
Union Budget 2014-15: Proposals in infra, manufacturing to boost auto sector
Given the condition of the economy, the direction given in the budget is a positive one and the call for fiscal prudence is a welcome move.
Jul 10, 2014, 21:35 PM IST
Budget 2014-15: Dearer and Cheaper list
Following is a list of what will be cheaper and costlier:
Jul 10, 2014, 19:09 PM IST
Budget 2014-15 boost for MSME sector
Finance Minister Arun Jaitley Thursday announced measures for the development of micro, small and medium enterprises (MSMEs), while allocating a sum of Rs.10,000 crore for start-up companies in his maiden budget presented to parliament.
Jul 10, 2014, 18:44 PM IST
Budget 2014-15 is directional; aimed at medium term: CII President
The maiden Budget presented by the new government contains a comprehensive package for economic revival and creation of jobs, said Ajay Shriram, President, CII.
Jul 10, 2014, 18:28 PM IST
