'Govt should explore non-tax options in to raise revenue'
Industry body CII has suggested that the government should explore non-tax options for garnering revenue, while expressing hope that Finance Minister Arun Jaitley would keep a tight leash on spending in the Budget to keep fiscal deficit under control.
Feb 22, 2015, 17:50 PM IST
Budget session to be stormy, Opposition to give tough time to govt on Ordinances
A highlight of the three-month long session will be the presentation of the first full-fledged Budget of the government.
Feb 21, 2015, 15:36 PM IST
India lacks specialists who can prepare budget: Rajan
There are far too few people in the government who can even prepare a budget, Reserve Bank of India (RBI) Governor Raghuram Rajan said Friday adding that well-trained economists were at a premium throughout the government sector.
Feb 20, 2015, 23:24 PM IST
Stock markets to be open on Budget day
Stock markets will be open on the Budget day, February 28, and trading would be conducted during normal hours from 9 AM to 330 PM, despite it being a Saturday.
Feb 20, 2015, 20:00 PM IST
Govt may cut plan outlay for DeitY to Rs 2,500 crore
In the last Budget, the plan outlay for DeitY was Rs 3,815 crore.
Feb 20, 2015, 19:25 PM IST
Stock markets to remain open on Budget day
The stock markets will remain open on Budget day, which falls on Saturday.
Feb 20, 2015, 19:05 PM IST
Electronics dept for steps in Budget to revive Nokia plant
In a bid to improve investor sentiment, the electronics department has suggested to Finance Minister Arun Jaitley that some measures be taken to revive the Nokia plant in Chennai.
Feb 19, 2015, 22:06 PM IST
Realtors seek tax sops, lower rates for home buyers in Budget
NAREDCO Chairman Naveen Raheja said: "There should be some stimulus for the home buyers in form of lower interest rates."
Feb 19, 2015, 21:20 PM IST
Stainless steel makers seek higher customs duty
Ahead of the budget, stainless steel firms have asked the Finance Ministry to increase customs duty to 25 percent from 10 percent at present to safeguard the interest of domestic firms in view of growing imports.
Feb 19, 2015, 18:20 PM IST
No possibility of reduction in train fares: MoS Railways
Ahead of presentation of the Railway Budget in Parliament next week, government on Thursday ruled out the possibility of reducing train fares, saying they were "already low".
Feb 19, 2015, 13:35 PM IST
Markets rise to 3-week high on budget expectations, rate cut hopes
Indian markets Wednesday rose to nearly three-week highs with the benchmark Sensex jumping 184.38 points to end at 29,320.36 and the Nifty index gaining 59.75 points to close at 8,869.10 on hopes of growth-oriented Budget and firming expectations of rate cuts after inflation slowed.
Feb 18, 2015, 18:15 PM IST
India to unveil more reforms in Budget this month: Sushma Swaraj
The new Indian government will unveil more reforms in the coming days, including in the forthcoming budget this month to woo foreign investment and make India a manufacturing destination, External Affairs Minister Sushma Swaraj has said.
Feb 18, 2015, 09:17 AM IST
Budget interviews to be streamed live on social media
With Prime Minister Narendra Modi's emphasis on utilising social media to reach out to people, the first interviews of the Finance Minister and Railway Minister, after they present their respective budgets, will be streamed live on 'YouTube' while questions will be invited from the people through 'Twitter'.
Feb 17, 2015, 21:38 PM IST
GST rollout to boost growth by 2%: Adi Godrej
The government must roll out Goods & Services Tax (GST) from next fiscal as it is likely to boost economic growth by 2 percent, Godrej Group Chairman Adi Godrej said Tuesday.
Feb 17, 2015, 18:43 PM IST
Renewable energy ministry seeks incentives for solar sector
The renewable energy ministry has sought incentives such as excise duty exemption and 10-year tax holiday in the forthcoming budget to give a boost to the solar energy sector.
Feb 17, 2015, 17:28 PM IST
Tax sops likely for investments in Swachh Bharat, Clean Ganga
Finance Minister Arun Jaitley is likely to provide tax incentives in Budget to encourage companies to participate in Swachh Bharat Abhiyan and Clean Ganga campaign as part of mandatory two percent CSR spending.
Feb 17, 2015, 16:24 PM IST
Incentives for manufacturing of mobile, laptops on anvil
The government is planning to come up with an incentive package in the upcoming Budget to encourage manufacturing of electronic hardware including mobile phones and laptops as part of the 'Make in India' campaign.
Feb 17, 2015, 15:50 PM IST
Budget: Commerce Minister wants Rs 100 cr Project Development Fund
The Commerce Ministry has sought setting up of a Project Development Fund with an initial corpus of Rs 100 crore to boost project exports from the country.
Feb 16, 2015, 16:07 PM IST
FM may address inverted duty structure in Budget to boost manufacturing
To boost manufacturing as part of the 'Make In India' campaign, Finance Minister Arun Jaitley is likely to address in the forthcoming Budget the issue of inverted duty structure, especially in sectors such as auto, electronics and pharma.
Feb 16, 2015, 16:04 PM IST
Customs duty on crude oil may be re-introduced
At five percent basic customs duty, the government will earn more than USD 3 billion on an annualised basis.
Feb 16, 2015, 14:05 PM IST
