Budget 2015

Budget 2015: How you can save tax upto Rs 4.44 lakhs using health insurance, pension fund

Arun Jaitley today proposed rationalization of various tax exemptions and incentives to reduce tax disputes and improve tax administration.

Feb 28, 2015, 15:22 PM IST

Govt to merge commodity market regulator FMC with Sebi

India will have a unified regulator for commodities and capital markets, with Finance Minister Arun Jaitley on Saturday announcing that Forward Markets Commission will be merged with Sebi.

Feb 28, 2015, 15:17 PM IST

Budget 2015: MGNREGA gets high allocation, focus on effectiveness

Arun Jaitely while presenting the Union Budget 2015-16, here today, said that government is committed to supporting employment through MGNREGA and ensure that no one who is poor is left without employment.

Feb 28, 2015, 15:14 PM IST

Govt proposes steps to monetise gold, contain imports

The minister proposes to introduce a gold monetisation scheme, which will replace both the present gold deposit and gold metal loan Schemes.

Feb 28, 2015, 15:07 PM IST

Disinvestment target set at Rs 69,500 cr for 2015-16

For the current fiscal, disinvestment proceeds are projected at Rs 31,350 crore in the revised estimates. This is lower than Rs 58,425 crore budgeted earlier.

Feb 28, 2015, 14:54 PM IST

GAAR deferred by 2 yrs; FM says can't create panic in market

To soothe investors' nerves, Finance Minister Arun Jaitley Saturday deferred the controversial General Anti-Avoidance Act (GAAR) by two years, saying its immediate applicability can create 'panic' in markets.

Feb 28, 2015, 14:51 PM IST

Budget 2015: Corporate tax to be reduced; GST to be implemented

In his Budget Speech in the Lok Sabha here today, Arun Jaitley said this is expected to lead to higher level of investment, higher growth and more jobs.

Feb 28, 2015, 14:50 PM IST

Budget gives lion's share to infra to spur economic growth

Asserting that India's infrastructure is a mismatch with its growth ambitions, Finance Minister Arun Jaitley on Saturday proposed a sizeable Rs 70,000 crore increase in investment in the sector besides a slew of steps to spur its growth.

Feb 28, 2015, 14:39 PM IST

PM Modi terms budget pragmatic, says will reignite growth

"Union budget 2015 is a budget with a clear vision. It is a budget that is progressive, positive, practical, pragmatic & prudent," Modi tweeted.

Feb 28, 2015, 14:33 PM IST

Budget 2015: Indirect tax implications

Though Finance Minister Arun Jaitley most indirect taxation proposal untouched, he did roll out a few changes along with allocations for a few key projects.

Feb 28, 2015, 14:27 PM IST

Union Budget 2015: Full Text

Full text of Union Budget 2015-16 speech by Finance Minster Arun Jaitley

Feb 28, 2015, 14:24 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 hike for Super Rich

The Finance Minister proposed no change in the rate of personal income tax 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, 13:32 PM IST

AP becomes first state to execute NOFN on its own

Andhra Pradesh has become the first state to opt for executing the National Optical Fibre Network (NOFN) on its own and the telecom department will reimburse the cost for the same, Finance Minister Arun Jaitley said Saturday.

Feb 28, 2015, 13:24 PM IST

Govt for setting up 5 new UMPPs at Rs 1 lakh cr investment

India will set up 5 more ultra mega power projects, entailing investments of around Rs 1 lakh crore, the government said Saturday.

Feb 28, 2015, 13:23 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

Budget 2015 Overview: No change in rate of personal tax; mediclaim, pension exemption limits hiked

Finance Minister Arun Jaitley on Saturday proposed no changes in personal income-tax rates for 2015-16.

Feb 28, 2015, 03:09 AM IST

Rail stocks pick up steam after budget

In step with overall buoyant trend, share prices of companies that cater to the railway sector Friday saw huge buying, surging in range of 2-11 percent after a poor show on Rail Budget day.

Feb 27, 2015, 21:01 PM IST

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 IST

End 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 IST