Budget 2014: Govt may hike Plan outlay by Rs 11,000 cr
The new government may enhance the Plan expenditure for 2014-15 by around Rs 11,000 crore in the Budget next month, which would be about 2 percent higher than what was provided in the previous fiscal budget.
Jun 29, 2014, 18:43 PM IST
Govt may hike Plan outlay by 2% over 2013-14 budget estimates
The lower fiscal deficit reduces the government's expenditure on interest payment.
Jun 29, 2014, 11:48 AM IST
Sensex seen range-bound; budget awaited
Auto stocks will be in focus as companies will report monthly sales numbers in the coming week.
Jun 28, 2014, 10:37 AM IST
Nasscom urges govt to set up Rs 500-crore tech mission
IT-BPO industry body Nasscom has urged the government to set up a technology entrepreneur mission with an initial capital of Rs 500 crore to address funding and infrastructure issues for start-up companies.
Jun 27, 2014, 17:47 PM IST
AIBEA seeks hike in tax exemption on bank deposit interest to Rs 25K
Bank employees body AIBEA has demanded an increase in the exemption of tax on interest earned on bank deposits to Rs 25,000 from Rs 10,000 at present from the government in its maiden Budget next month.
Jun 26, 2014, 20:35 PM IST
Auto makers relieved as reduced excise rates extended till Dec
Heaving a sigh of relief over the government's decision to extend reduced excise rates till December 31, auto industry Wednesday welcomed the move saying it would help the sector overcome the prolonged demand slump.
Jun 25, 2014, 20:56 PM IST
IDMA seeks exemptions for R&D, samples
Indian Drug Manufacturers' Association (IDMA) Wednesday asked the government that 'control samples' and samples given to physicians be exempted from duties and taxes in the Budget.
Jun 25, 2014, 20:49 PM IST
Budget may launch reform agenda: Morgan Stanley
The first budget of the Narendra Modi government, slated for July 10, is expected to kick-start the government's reform agenda, American brokerage Morgan Stanley said in a report.
Jun 24, 2014, 19:18 PM IST
Budget unlikely to be sent to parliamentary committees
Racing against time, Parliament is likely to seek passage of the first general budget of Narendra Modi government in the next session beginning July 7 without sending it to the Standing Committees.
Jun 23, 2014, 21:46 PM IST
IT, ITeS sectors expect tax relief in Budget
The IT and ITeS sectors expect a reduction in minimum alternate tax (MAT) and dividend distribution tax in the next month's Union Budget, a senior economist said Monday.
Jun 23, 2014, 21:38 PM IST
ITC slumps 4% on worries over higher taxes in budget
Shares of biggest cigarette manufacturer ITC Ltd fall 3 percent on a media report that the government may raise taxes on cigarettes aggressively.
Jun 23, 2014, 12:17 PM IST
General insurance firms want tax sops to boost health cover
Right now government is almost paying from tax payers' money for any losses out of natural disasters as people are not accustomed to buy such cover.
Jun 22, 2014, 12:57 PM IST
Carmakers want excise duty cut to continue even after June 30
With the Budget expected only next month, the auto industry is awaiting the new government's steps on the matter.
Jun 22, 2014, 11:24 AM IST
Union Budget 2014 should create an enabling environment and revive growth: CII
CII underscored the importance of augmenting revenue by creative interventions which would provide fiscal maneuverability to incur expenditure.
Jun 21, 2014, 22:06 PM IST
Cigarette rates likely to be increased
Govt is likely to increase cigarette rates in the Union Budget 2014-15.
Jun 20, 2014, 17:13 PM IST
What is Union Budget?
Here is a look at what the Union Budget is all about.
Jun 20, 2014, 14:48 PM IST
Budget 2014: Pvt airport operators demand tax benefits
Association of Private Airport Operators has demanded infrastructure status for airport support services and sought various tax benefits in the first Union Budget of the Narendra Modi government.
Jun 15, 2014, 19:39 PM IST
ICC seeks lowering corporate tax to 25%
Corporate tax rate in India must be brought down to the global average of 25 per cent to regain the growth momentum, Indian Chamber of Commerce said in its pre-budget suggestions.
Jun 14, 2014, 15:08 PM IST
Govt unlikely to substantially hike plan outlay in 2014-15
The new Government is unlikely to substantially enhance the Plan expenditure for 2014-15 in the Budget to be unveiled next month because it needs to keep fiscal deficit in check.
Jun 14, 2014, 15:06 PM IST
Govt may hike IT exemption limit to Rs 5 lakh: Sources
The government is also considering raising the tax exemption limit on home loans and health insurance premium.
Jun 13, 2014, 19:19 PM IST
