Oppn parties slam WB Budget, term it as docu aimed at polls
Terming the Budget presented in the state Assembly today as a document of 'misinformed figures', the opposition parties said it is being placed keeping in mind the elections next year.
Feb 27, 2015, 20:32 PM ISTEnd negative protection to boost 'Make in India': Survey
To promote 'Make in India' campaign, the government needs to shield domestic companies from foreign competition and eliminate those exemptions that work as 'negative protection', suggested the Economic Survey.
Feb 27, 2015, 20:14 PM ISTEconomic Survey calls for lifting countervailing duty on imports
Towards ensuring a successful Make in India programme, the finance ministry`s Economic Survey 2014-15 Friday proposed elimination of exemptions in countervailing duties (CVD) and special additional duties on imports to provide a level playing field to domestic industry.
Feb 27, 2015, 20:12 PM ISTEconomic Survey pitches for pan-India GST
Introduction of the goods and services tax (GST) would make Indian products competitive in domestic and international markets, the Economic Survey of 2014-15 said, adding that studies have shown that it would instantly spur economic growth.
Feb 27, 2015, 19:54 PM ISTAnalysts sceptical about achievability of survey targets
Analysts have welcomed the Economic Survey as it points to the strengthening of the macroeconomic fundamentals, even as some expressed scepticisms on achieving the growth targets spelt out in the annual document.
Feb 27, 2015, 19:43 PM ISTSkilling India key to reviving manufacturing, jobs: Eco Survey
Skill development on a mass scale will enable the `Make in India` initiative of the government succeed and revive the manufacturing sector to create more jobs, says the economic survey for 20014-15.
Feb 27, 2015, 19:14 PM ISTRealty industry seeks clarity on REITs, FDI in budget
The realty industry has high expectations from Finance Minister Arun Jaitley's Budget to be announced tomorrow, as it wants clarity on Real Estate Investment Trusts (REITs) and foreign direct investment in the sector.
Feb 27, 2015, 19:11 PM ISTGovt must continue reforms to meet Eco Survey goals: Industry
While taking positive cues from the growth outlook of over 8 percent for next fiscal pegged in the Economic Survey, Corporate India today said the government must take steps to boost capital formation and stay on the reforms course to sustain high growth.
Feb 27, 2015, 19:08 PM ISTTax sops likely in Modi govt's 1st full year Budget Saturday
Finance Minister Arun Jaitley will present tomorrow the first full year Budget of the NDA government, hyped as a 'make or break' exercise, that is widely expected to unveil sops for tax payers while pushing forward the 'Make In India' campaign.
Feb 27, 2015, 18:57 PM ISTWith economy on upswing, India Inc expects higher growth trajectory
As the NDA government tabled the Economic Survey for 2014-15 Friday, India Inc expressed its hope that the economy is looking up and the growth prospects are bright to attain double digit growth trajectory in the coming years.
Feb 27, 2015, 18:45 PM ISTWest Bengal faces possible own-tax revenue shortfall
The West Bengal budget for 2015-16, presented today in the Assembly by state Finance Minister Amit Mitra, has showed a revised own-tax collection of Rs 40,062 crore for 2014-15 against the budgeted estimate of Rs 45,413 crore.
Feb 27, 2015, 18:42 PM ISTEconomic Survey 2015: India in "sweet spot" of lower deficits, more growth
Indian economy is likely to grow above 8 percent in 2015-16, said the pre-Budget Economic Survey tabled by Finance Minister Arun Jaitley in Parliament Friday.
Feb 27, 2015, 08:41 AM ISTBudget 2015: Credit Suisse sees FM boosting capex, raising I-T slab
Swiss brokerage firm Credit Suisse is expecting a growth-boosting budget on Saturday with increase in public spending and in the personal income tax exemption limits.
Feb 26, 2015, 21:34 PM ISTRail stocks fall as much as 6% ahead of budget
Stocks of companies related to the railway sector Wednesday fell up to 6 percent a day ahead of the rail budget.
Feb 25, 2015, 18:33 PM ISTFert Min seeks additional Rs 30,000 cr to clear subsidy arrears
Fertiliser Ministry has sought additional funds to clear the subsidy arrears of fertiliser manufacturers estimated at over Rs 30,000 crore, in the upcoming budget for the next fiscal.
Feb 25, 2015, 18:19 PM ISTMutual fund investors cannot buy or sell on Budget day
Investors will not able to buy and redeem mutual fund units on February 28 even as stock markets remain open on Saturday when Finance Minister Arun Jaitley will present the much-awaited Union Budget.
Feb 25, 2015, 15:58 PM ISTAssocham seeks removal of tax on educational items in Budget
Industry body Assocham on Wednesday said the Centre should look at exempting all educational products, used by school and college students, from both central and state taxes.
Feb 25, 2015, 14:48 PM ISTBudget 2015: Realtors seek tax sops, lower rates for home buyers
The real estate industry has sought more tax incentives and lower interest rates for the home buyers in the upcoming Budget to revive demand.
Feb 25, 2015, 13:11 PM ISTGovernment hopeful of passage of GST Bill
Government on Tuesday said it was hopeful that the much-delayed Goods and Services Tax (GST) bill will be passed during the ongoing Budget Session.
Feb 24, 2015, 15:09 PM ISTBrokerages expect Budget to stay firm on fiscal consolidation
Expecting the upcoming Budget to stay firm on the fiscal consolidation roadmap, brokerage firms believe that higher allocation can be made for capital expenditure amid a sharp decline in oil subsidy bill.
Feb 24, 2015, 14:50 PM IST