Govt sets up fund to use unclaimed money for senior citizens
Government has set up a welfare fund which will utilise unclaimed money, estimated to be in excess of Rs 9,000 crore, lying in PPF, employees provident fund and small savings schemes to provide healthcare facilities and pension to senior citizens.
Apr 01, 2016, 19:27 PM IST
CommMin pushes for service tax exemption for exports in Budget
To boost waning exports, the Commerce Ministry has suggested that exporters be exempted from payment of service tax in the upcoming Budget.
Jan 28, 2016, 19:11 PM IST
Raghuram Rajan to wait for Budget roadmap before next rate cut: HSBC
Even though the fall in oil prices has created some space to ease rates, HSBC Wednesday said it expects RBI Governor Raghuram Rajan to maintain status quo in the forthcoming policy review and wait for the fiscal roadmap presented in the Budget.
Jan 27, 2016, 19:37 PM IST
Govt may lower long-term capital gain tax for unlisted companies
Government Saturday hinted at lowering the long-term capital gain tax on investments made in unlisted firms, particularly startups, in the Budget for the next financial year, to bring them closer to the levels prevalent for the listed companies.
Jan 16, 2016, 15:56 PM IST
Govt to impose 0.5% Swachh Bharat cess on services from Nov 15
The decision to impose 0.5 percent cess will translate into a tax of 50 paise only on every Rs 100 worth of taxable services.
Nov 06, 2015, 20:36 PM IST
RBI asks banks to provide short-term crop loans at lower rate
The Reserve Bank on Thursday asked all banks to provide interest concession of 2 percent on short term crop loans of up to Rs 3 lakh to farmers.
Aug 13, 2015, 20:31 PM IST
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY): Key Highlights
Pradhan Mantri Jeevan Jyoti Bima Yojana will be a one year cover, renewable from year to year, Insurance Scheme offering life insurance cover for death due to any reason.
May 09, 2015, 11:08 AM IST
Pradhan Mantri Suraksha Bima Yojana: Key facts
Pradhan Mantri Suraksha Bima Yojana will be available to people in age group 18 to 70 years with bank account.
May 09, 2015, 10:54 AM IST
From April 1, air travel to become expensive; tickets to museum, zoo cheaper
Finance Minister Arun Jaitley had came out with a host of proposals last month to rationalise service tax, which is levied at an effective rate of 12.36 percent.
Mar 31, 2015, 13:35 PM IST
Most investors optimistic on India at this point: FM Jaitley
Replying to the debate on the Budget 2015-16, Jaitley further said most investors are optimistic on India at this point.
Mar 17, 2015, 14:14 PM IST
Jaitley to address RBI board on March 22
Finance Minister Arun Jaitley will address board members of the Reserve Bank here on March 22 to inform them about steps taken in the Budget for 2015-16 to boost economic growth and contain fiscal deficit.
Mar 08, 2015, 11:09 AM IST
Activists decry slashing of budget for children
Child rights activists on Monday termed the slashing of budgetary provisions for programmes and schemes related to children in the union budget as "scary".
Mar 02, 2015, 19:42 PM IST
Budget to create enablers for Make-in-India focus
This year's Union budget contains policy directions which are favourbale for the Centre's Make-In-India initiave.
Mar 02, 2015, 17:47 PM IST
What you must know about Arun Jaitley's Budget 2015
There will be no change in the personal income tax slabs and rate of tax for companies in respect of income earned in the finance year 2015-16, assessable in Assessment Year 2016-17.
Feb 28, 2015, 18:53 PM IST
Gold to be monetized; Ashok Chakra coin, Sovereign Gold Bonds soon
The Finance Minister today announced several steps for monetizing gold.
Feb 28, 2015, 16:52 PM IST
Budget 2015: Finance Minister’s proposals to curb black money
The Finance Minister Arun Jaitley said that a very important dimension to India’s tax administration is the fight against the scourge of black money. This was in line with NDA government’s promise of crack the whip on offenders.
Feb 28, 2015, 13:48 PM IST
Budget 2015: Tax exemptions for middle class
Increase in the limit of deduction in respect of health insurance premium from Rs 15,000 to Rs 25,000.
Feb 28, 2015, 13:26 PM IST
Union Budget 2015: Tax implications
Finance Minister Arun Jaitley has proposed increasing the service tax rate and education cess to 14 percent from the current 12.36 percent.
Feb 28, 2015, 13:09 PM IST
India to unveil budget under pressure to deliver reforms
Prime Minister Narendra Modi`s right-wing government will unveil its first full budget on Saturday, a day after announcing the time was ripe for long-awaited reforms to kickstart the economy.
Feb 28, 2015, 04:21 AM IST
Test for reform zeal of Modi in make-or-break budget
Prime Minister Narendra Modi`s stomach for free-market economics faces a major test on Saturday, in a budget India`s top economic advisor has warned could wreck the leader`s promises of "good days" if there`s no roadmap to reform.
Feb 28, 2015, 03:03 AM IST
