Budget 2014

'Strict mechanism being put in place to control coal quality'

Adequate coal will be provided to power plants as extensive measures to augment domestic output and a strict mechanism to control the fuel quality are being put in place to end the impasse in the sector, the government said Thursday.

Jul 10, 2014, 16:41 PM IST

Budget 'anti-poor' and a 'disappointment': Cong leads opp fire

Opposition parties on Thursday termed Narendra Modi government's maiden budget a "disappointment" and an "anti-poor" exercise which can "benefit only the rich".

Jul 10, 2014, 16:35 PM IST

11.4% hike for Civil Aviation Ministry in Budget

Government Thursday announced a new scheme to develop airports in metros and non-metro cities through public-private partnership to enhance air connectivity and hiked allocation for the Civil Aviation sector by over 11.4 percent to Rs 9,474 crore in the budget.

Jul 10, 2014, 16:31 PM IST

For every Re in govt kitty, 24 paise to come from borrowing

For every rupee in government kitty, as much as one-fourth will come from market borrowing in 2014-15 while 20 paise would be spent towards interest payment.

Jul 10, 2014, 16:29 PM IST

Domestic cos can obtain advance ruling on tax liability

With Rs 4 lakh crore locked in litigations, Finance Minister Arun Jaitley Thursday proposed to allow domestic companies to obtain advance ruling with regard to their direct and indirect tax liabilities.

Jul 10, 2014, 16:25 PM IST

Liberal tax regime on cards for Foreign Portfolio Investors

To boost overseas investments into Indian capital markets, the government Thursday proposed a liberal tax regime for Foreign Portfolio Investors (FPI) willing to shift their base to India.

Jul 10, 2014, 16:23 PM IST

Separate infra for agriculture consumers for 24x7 power supply

Aiming to replicate Gujarat's model of 24x7 power supply by segregating infrastructure for agriculture and non-agriculture consumers, the government Thursday announced Rs 500 crore support for the proposed scheme.

Jul 10, 2014, 16:16 PM IST

Govt proposes over Rs 2,000 cr for Ganga Conservation Mission

An integrated programme for the conservation of river Ganga with an outlay of Rs 2,037 crores has been proposed by Finance Minister Arun Jaitley in his maiden Budget Thursday.

Jul 10, 2014, 16:14 PM IST

Govt proposes measures to energise capital markets

To energise capital markets, the government Thursday proposed a slew of measures, including tax benefits and easier regulations for foreign investors and corporate bonds besides creating a new instrument Bharat Depository Receipts, helping BSE benchmark Sensex to jump 434 points.

Jul 10, 2014, 16:10 PM IST

Union Budget 2014-15: Full Text

Here's the full text of Finance Minister Arun Jaitley's Budget speech.

Jul 10, 2014, 15:47 PM IST

Govt to establish National Adaptation Fund for climate change

Union Finance Minister Arun Jaitley on Thursday announced to establish a `National Adaptation Fund` for climate change.

Jul 10, 2014, 15:42 PM IST

Union Budget 2014-15: Govt to launch Digital India programme

The Central government on Thursday announced the launch of a pan India programme called “Digital India”.

Jul 10, 2014, 15:40 PM IST

Govt allocates Rs 7,060 cr for smart cities

Finance Minister Arun Jaitley on Thursday allocated Rs 7,060 crores in the Budget 2014-15 to develop 100 smart cities in the country.

Jul 10, 2014, 15:39 PM IST

Jaitley reaffirms commitment to Pradhan Mantri Gram Sadak Yojana

Presenting the Union Budget 2014-15 in the Lok Sabha, Finance Minister Arun Jaitley on Thursday reaffirmed Modi government's commitment to the Pradhan Mantri Gram Sadak Yojana.

Jul 10, 2014, 15:35 PM IST

Arun Jaitley announces to introduce e-Visa at nine airports

Finance Minister Arun Jaitley on Thursday announced that the facility of Electronic Travel Authorisation (e-Visa) shall be introduced in a phased manner at nine airports in India.

Jul 10, 2014, 15:33 PM IST

Modi govt earmarks funds for power, water reforms in Delhi

The government of Prime Minister Narendra Modi on Thursday unveiled its vision of transforming the national capital Delhi into a world-class city.

Jul 10, 2014, 15:31 PM IST

Union Budget 2014: Govt to review DTC bill in its present form :Jaitley

Finance Minister Arun Jaitley Thursday said the government will review the ambitious Direct Taxes Code, which proposed overhaul of the six-decade old Income Tax Act in its present shape and take a view on the whole matter.

Jul 10, 2014, 15:25 PM IST

Union Budget 2014: Govt announces Rs 1,500 cr for irrigation, checking prices

Faced with a drought-like situation and high food prices, the government today announced a Rs 1,000 crore scheme to boost irrigation and also set up Rs 500 crore price stabilisation fund to rein in food inflation.

Jul 10, 2014, 15:21 PM IST

Union Budget 2014: Govt to formulate new urea policy

Finance Minister Arun Jaitley in his Budget 2014-15 Thursday announced that a new policy for urea will be formulated.

Jul 10, 2014, 15:17 PM IST

Govt launches 'Beti Bachao, Beti Padhao` scheme

In a bid to sensitise people towards the concerns of girl child, the government on Thursday announced to introduce a new scheme called `Beti Bachao, Beti Padhao`.

Jul 10, 2014, 15:11 PM IST