Budget 2015-16

Realty sector seeks more tax sops on REITs

To ensure success of newly created REIT (Real Estate Investment Trust) structure, property developers and consultants have sought more tax incentives in the upcoming union budget on investments through this route.

Feb 04, 2015, 17:21 PM IST

Budget 2015: Key Expectations of Gems and Jewellery Sector

Surendra Mehta, secretary of The Bombay Bullion Association Ltd shared his views on expectations of the gems and jewellery sector for the Budget 2015.

Feb 04, 2015, 16:25 PM IST

Govt may do away with LPG subsidy for upper-most income bracket

The government is considering doing away with the LPG subsidy for the well-off, according to media reports.

Feb 03, 2015, 09:14 AM IST

Feasibility report on Bullet train being prepared, says Prabhu

Railway Minister Suresh Prabhu on Saturday said the feasibility report on high-speed bullet train between Ahmedabad and Mumbai was being prepared with the assistance of a Japan government's company.

Jan 31, 2015, 23:59 PM IST

Railway passenger fare won't be reduced despite diesel price cut: Suresh Prabhu

Union Railway Minister Suresh Prabhu on Saturday said that although diesel prices have come down, reduction in passenger fares is unlikely to happen.

Jan 31, 2015, 23:18 PM IST

Railway Minister hints there may not be any cut in train fares

Railway Minister Suresh Prabhu on Thursday hinted that there may not be any cut in train fares in spite of the fall in diesel prices.

Jan 29, 2015, 22:18 PM IST

Assocham wants retrospective amendment withdrawn in Budget

Pitching for a non-adversarial tax regime, industry body Assocham on Thursday suggested that retrospective amendment be withdrawn in the upcoming Union Budget while calling for e-hearings, quicker IT refunds and raising the tax exemption limits.

Jan 29, 2015, 18:55 PM IST

IIC seeks easier financing for social enterprises

Impact Investors Council, in a representation to the Finance Ministry, has sought recognition and easier financing for social enterprises in the upcoming budget.

Jan 29, 2015, 16:26 PM IST

West Bengal govt for presenting budget a day ahead of Union Budget

West Bengal government wants the budget session of the Assembly to commence on February 19 and the state budget for the next fiscal year to be placed in the House on February 27, a day ahead of presentation of the Union Budget.

Jan 27, 2015, 23:14 PM IST

FM Jaitley for tax reforms and quick decisions to ensure stability

Ahead of the Budget, Finance Minister Arun Jaitley on Tuesday underlined the need for tax reforms and quick decision making to ensure stability in policy regime.

Jan 27, 2015, 20:48 PM IST

Sensex, Nifty end the week on fresh highs

The benchmark S&P BSE Sensex rallied to a life time intra-day high of 29,408.73 before settling at record of 29,278.34, gaining 1,156.45 points or 4.11 percent over preceding weekend close.

Jan 24, 2015, 15:23 PM IST

Arun Jaitley hints at not raising tax rates, sops for manufacturing

Hard selling India to global investors at the World Economic Forum here, Jaitley also promised a stable tax regime that will not come up with unreasonable demand and change taxes retrospectively.

Jan 23, 2015, 19:04 PM IST

Ongoing reforms much more than 'big-bang', says Jaitley

Finance Minister Arun Jaitley said the sum-total of the reform measures and other policy initiatives already taken would be much more than "the big bang".

Jan 23, 2015, 13:03 PM IST

Won't raise even a rupee in Budget from aggressive taxation: FM

India will not stray from a plan to slash its fiscal deficit to 3 percent of gross domestic product within two years, Finance Minister Arun Jaitley said on Thursday, despite top aides` advice to revive the economy with more infrastructure spending.

Jan 22, 2015, 19:57 PM IST

Union Budget 2015 on Feb 28, Parl session starts from Feb 23

The General Budget will be presented on February 28, a Saturday, with the Budget session of Parliament beginning February 23 during which the government will also seek to convert six recent ordinances into legislations.

Jan 21, 2015, 17:51 PM IST

Union Budget 2015 to be presented on February 28

The NDA Government will be presenting its first full-year Budget, which is expected to lay the foundation of Prime Minister Narendra Modi`s `Make in India` plans.

Jan 21, 2015, 13:25 PM IST

Budget Session of Parliament likely from Feb 23

The Budget session of Parliament is likely to start from February 23, sources said on Tuesday.

Jan 20, 2015, 14:01 PM IST

Aviation Ministry bats for tax sops in budget for MRO biz

The Civil Aviation Ministry has sought tax sops and easing of customs norms for the Indian MRO industry, saying that this would not only make domestic units economically viable but also give a fillip to Prime Minister Narendra Modi's 'Make in India' campaign.

Jan 19, 2015, 22:28 PM IST

Arun Jaitley hints at special steps to boost public spending

With one-and-a-half months left for the Budget, Finance Minister Arun Jaitley on Monday said the government will take "special steps" to boost public spending on infrastructure and initiate measures to rationalise subsidies.

Jan 19, 2015, 16:26 PM IST

Trade union leaders meet Jaitley

Trade union leaders Sunday met Finance Minister Arun Jaitley as part of their pre-budget consultation and asked the government not to dilute its stake in PSUs through disinvestment.

Jan 18, 2015, 21:13 PM IST