Jaitley to present maiden Budget amid expectations of tax sops
As a prelude to the Budget, the government has already extended the excise duty concessions for automobile and consumer durable sectors till December.
Jul 06, 2014, 12:34 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
Hyundai may hike prices if excise duty rises before Budget
With uncertainty looming over excise duty structure on automobiles as reduced rates expire on June 30, Hyundai Motor India may raise vehicle prices if the cess rate is reverted back to the levels before the interim Budget in February.
Jun 24, 2014, 13:01 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
Parliament's Budget session schedule to be finalised today
The schedule for the Budget session of Parliament will be finalised on Monday amid indications that it will start from July 7 with presentation of the Union Budget 2014-15 on July 11.
Jun 23, 2014, 10:06 AM 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
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
GJEPC seeks duty cut on gold to 2%, scrapping 80:20 rule
The Gems and Jewellery Export Promotion Council (GJEPC) has urged the government to reduce import duty on gold and silver to 2 percent from 10 percent.
Jun 20, 2014, 08:43 AM 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
Budget session likely from July 2nd week
The Budget session of Parliament is expected to start from the second week of July amid indications that the Union Budget 2014-15 could be presented by July 11.
Jun 14, 2014, 11:12 AM IST
Government should hike tax exemption limit
The Union Budget 2014-15 presentation will be closely watched by everyone, as the new government has to strike a balance between growth and inflation.
Jun 13, 2014, 16:22 PM IST
ABC of Budget
The Budget is full of technical jargons that are not so easy for the common man to understand.
Jun 11, 2014, 15:16 PM IST
Economists for lowering of interest rate, removal of cess
Economists Tuesday asked Finance Minister Arun Jaitley to lower interest rate, rationalise subsidies, remove all cess and surcharge, do away with the retrospective tax amendments and scrap dividend distribution tax to revive investment cycle and promote growth.
Jun 10, 2014, 22:03 PM IST
Budget 2014: Consumer durables makers seek cut in duties
Ahead of the annual budget to be announced next month, the Consumer Electronics and Manufacturing Association (CEAMA) has asked the government to take steps such as reduction in customs and excise duties on consumer durable products and rapid implementation of GST.
Jun 10, 2014, 19:14 PM IST
After unions, state finance ministers next to meet FM
The finance minister has already met representatives of the agriculture sector and civil society.
Jun 06, 2014, 14:37 PM IST
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