Union Budget 2016

Budget 2016: No change in Income Tax slab

The government has decided that no change has to be made in income tax slab. Income tax also relieved for Companies set up under start up scheme and make in India Campaign.

Feb 29, 2016, 13:58 PM IST

Budget 2016: Surcharge of 15% on income above 1 crore

Finance minister has increased the surcharge on income tax levied on individuals earning income of Rs 1 crore or more from 12 percent at present to 15 percent 

 

Feb 29, 2016, 13:50 PM IST

Budget 2016: HRA tax relief raised from Rs 24,000 to Rs 60,000

The Government has decided that the HRA tax benefit has to be raised from Rs 24,000 to Rs 60,000 under Section 88G.

Feb 29, 2016, 13:42 PM IST

Budget 2016: Ease of doing business norms made easier

The government has made norms much easier for setting up of new industries will be boosting the industry and manufacturing sector and economy.

Feb 29, 2016, 13:36 PM IST

Union Budget: FM Jaitley retains fiscal deficit target at 3.9% in FY16

The Budget and the economic survey has announced that the fiscal deficit has been retained to 3.9% for the financial year 2016.

Feb 29, 2016, 13:32 PM IST

Budget : FM Arun Jaitley allocates Rs 500 crore to support SC/ST, women entrepreneurs

Finance Minister Arun Jaitley has allocated a sum of Rs 500 crore to support SC/ST, and women entrepreneurs across the nation.

Feb 29, 2016, 13:23 PM IST

Union Budget 2016: What's in store for healthcare?

Finance Minister Arun Jaitley on Monday announced that the government will provide health insurance of up to Rs1 lakh per family.

Feb 29, 2016, 13:20 PM IST

Tax proposals for middle class: Deduction for rent payers increased to Rs 60,000; first time loan takers get Rs 50,000 rebate

The Finance Minister also announced deduction for additional interests of Rs.50,000 per annum for loans up to Rs.35 lakh sanctioned in 2016-17 for first time home buyers, where house costs does not exceed Rs.50 lakh.

 

Feb 29, 2016, 13:17 PM IST

Budget 2016 : New health protection scheme announced

A new health protection scheme to provide cover up to Rs one lakh per family; top up of Rs 35,000 for people above 60

Feb 29, 2016, 13:13 PM IST

Key incentives to entrepreneurship announced in Budget 2016

Zee Media Bureau

New Delhi: Finance Minister Arun Jaitley's Budget 2016 focuses on boosting entrepreneurship. Here are the key measures announced:

Feb 29, 2016, 13:04 PM IST

Budget 2016-17: Key Highlights

FM presents Budget 2016-17 in Parliament: Key highlights

Feb 29, 2016, 11:22 AM IST

Stock market looks up to Union Budget for cues

All eyes will be on the biggest economic event of the year -- Union Budget 2016-17 -- on Monday, which will set the stage for the movement of domestic equity market in days to come, say experts.

Feb 28, 2016, 11:40 AM IST

Union Budget 2016-17: What to expect from FM Jaitley

Amidst high expectations that the Budget will be growth-oriented, Finance Minister Arun Jaitley is all set to present the Union Budget for 2016 on Monday.

Feb 27, 2016, 21:14 PM IST

Economic Survey: Govt needs to reduce subsidised cylinders to 10

Advocating rationalising LPG subsidy, the pre-Budget Economic Survey has called for cutting supply of below-market priced cooking gas to 10 cylinders per household in a year from 12 bottles, at present.

Feb 26, 2016, 16:35 PM IST

Economic Survey: FDI up 31% at $24.8 bn during Apr-Nov

FDI in April-November 2014 stood at USD 18.9 billion.

Feb 26, 2016, 15:24 PM IST

Economic Survey: 4G, mobile payments game changer for fin inclusion

Enhanced mobile payments technology along with 4G introduction will prove to be a game changer, facilitating the implementation of government's social sector schemes in a faster and more secure manner, says the Economic Survey.

Feb 26, 2016, 15:02 PM IST

Economic Survey: Govt taking steps to facilitate 'exit' for failed ventures

Likening the Indian economy in the 21st century to the Charkravyuha legend of the Mahabharata -- the ability to enter but not exit -- the Economic Survey 2015-16 today cautioned that the country is facing adverse consequences due to the lack of a way out for failed ventures.

Feb 26, 2016, 15:00 PM IST

Economic Survey: GST rollout to bring unprecedented reform

Expressing disappointment over delay in the passage of GST bill, the Economic Survey today said the roll out of Goods and Services Tax will usher in an "unprecedented reform" in modern global tax history.

Feb 26, 2016, 14:57 PM IST

Economic Survey: Spreading JAM to other areas will reduce leakages

After the big success in checking LPG subsidy leakages by use of technology, the Economic Survey 2015-16 today said spreading the JAM Trinity (Jan Dhan, Aadhaar, Mobile) to other areas will reduce leakages and provide more fiscal space to the government.

Feb 26, 2016, 14:56 PM IST

Economic Survey: 19,400 startups in India, exit valuation still low

India may boast of being home to around 19,400 technology-enabled startups, but exit valuation for the investors looking to cash in on the initial funding still remains low, says an official survey.

Feb 26, 2016, 14:34 PM IST