Union Budget 2014: 11% jump in Home Ministry's Budget
The Home Ministry was given Rs 59,241 crore in the General Budget for 2013-14.
Jul 10, 2014, 17:21 PM IST
Union Budget 2014: e-Visa to be introduced at nine airports in India
Finance Minister Arun Jaitley on Thursday said necessary infrastructure would be put in place within the next six months for this purpose.
Jul 10, 2014, 17:13 PM IST
Volatile Sensex closes 72 points down at two-week low after Budget
Markets are disappointed on the fiscal consolidation front. The budget didn't speak anything about the rationalization of subsidies which was widely expected by most market players.
Jul 10, 2014, 17:09 PM IST
Union Budget 2014: Govt move to issue eVisas at airports to boost tourism sector
Finance Minister Arun Jaitley acknowledged the importance of tourism as a major job creator and announced the government's intention to facilitate visa on arrival facility.
Jul 10, 2014, 17:05 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
Measures announced in Budget will expand the economy: Arun Jaitley
The Finance Minister also promised formation of a high-level committee to deal with retrospective taxation.
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: Govt proposes measures to energise capital markets
To energise capital markets, the government today 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.
Finance Minister Arun Jaitely in his maiden budget also annouced incenvtive for real estate and investment trust (REIT).
Union Budget 2014: 'Doubling bauxite export duty to improve domestic supplies'
The doubling of export duty on bauxite, a key input for aluminium making, to 20 percent will help improve availability of the raw material to the domestic producers.
Jul 10, 2014, 15:38 PM IST
Union Budget 2014: Govt allocates Rs 7,060 crore for 100 smart cities
The government today proposed an allocation of Rs 7,060 crore in this financial year for developing 100 'smart cities' in the country.
Jul 10, 2014, 15:33 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
Union Budget 2014: Expert views: Jaitley sticks to fiscal deficit target of 4.1%
Finance Minister Arun Jaitley said the country will stick to the fiscal deficit target of 4.1 percent of gross domestic product (GDP) set by the previous government for the year ending March 2015.
Jul 10, 2014, 15:02 PM IST
Union Budget 2014: Govt to take effective steps to revive SEZs: Jaitley
Expressing commitment to revive special economic zones, the government Thursday said it would take "effective steps" to make them instruments of industrial production, economic growth, export promotion and employment generation.
Jul 10, 2014, 14:48 PM IST
Union Budget 2014: IT rates unchanged; sops to small, marginal assessees in Bud
The Budget for 2014-15 Thursday left income tax rates unchanged but provided sops to small and marginal assesses by raising the threshold exemption limit from Rs 2 lakh to Rs 2.5 lakh and investments under 80C by Rs 50,000 to Rs 1.5 lakh while promising not to bring tax changes with retrospective effect.
Jul 10, 2014, 14:34 PM IST
Union Budget 2014: Import duty on stainless steel up 7.5%, to help domestic firms
In a major relief to domestic stainless steel industry, reeling under severe under- utilisation of capacity, the government Thursday increased import duty on flat-rolled products from 5 percent to 7.5 percent.
Jul 10, 2014, 14:30 PM IST
Union Budget 2014: Disinvestment target revised upwards to Rs 58,425 cr
Finance Minister Arun Jaitley Thursday raised the disinvestment target for the current fiscal to Rs 58,425 crore.
Jul 10, 2014, 14:11 PM IST
Union Budget 2014: Footwear stocks gain up to 10% on excise duty cut
Shares of footwear makers gained as much as 10 percent Thursday after the Finance Minister proposed reduction in excise duty.
Jul 10, 2014, 14:07 PM IST
Union Budget 2014: Govt announces to launch new TV channel for farmers
The government Thursday announced a new 24-hour TV channel dedicated to agriculture sector with an outlay of Rs 100 crore for providing real-time information to farmers.
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