Stock markets to remain open on Budget day
The stock markets will remain open on Budget day, which falls on Saturday.
Feb 20, 2015, 19:05 PM IST
Salaried people wants IT exemption limit to be Rs 3 lakh: Assocham
Hike in personal income tax exemption limit to Rs.3 lakh, deduction for housing loans up to Rs.5 lakh and upward revision in the medical reimbursement allowance are among the main expectations of salaried individuals from the budget 2015-16, the first full-fledged from the Narendra Modi government, according to an ASSOCHAM survey.
Feb 19, 2015, 17:42 PM IST
Printing of Budget document begins with 'Halwa' ceremony
The process of printing documents for the Budget 2015-16 began Thursday with the ritual 'halwa ceremony', which was attended by Finance Minister Arun Jaitley in the North Block office.
Feb 19, 2015, 17:11 PM IST
Gold imports set to rise as RBI eases curbs ahead of budget
Gold imports to top consumer India are set to jump in coming months after the Reserve Bank of India (RBI) eased gold import curbs, ahead of an expected cut in import duty in next week`s budget.
Feb 19, 2015, 17:07 PM IST
Electronics dept for steps in Budget to revive Nokia plant
In a bid to improve investor sentiment, the electronics department has suggested to Finance Minister Arun Jaitley that some measures be taken to revive the Nokia plant in Chennai.
Feb 19, 2015, 15:22 PM IST
No possibility of reduction in train fares: MoS Railways
Ahead of presentation of the Railway Budget in Parliament next week, government on Thursday ruled out the possibility of reducing train fares, saying they were "already low".
Feb 19, 2015, 13:35 PM IST
Sensex rises 142 points; Nifty fails to regain 8,900-mark
Continuing its rising streak for the seventh straight session, the BSE Sensex rose by 142.01 points Thursday as participants indulged in enlarging positions ahead of Budget.
Feb 19, 2015, 10:05 AM IST
Mutual fund industry seeks tax sops in budget
The country's mutual fund industry is seeking tax sops from the forthcoming Union Budget.
Feb 18, 2015, 22:40 PM IST
Treat NBFCs at par with banks on taxation front, says CII
Ahead of the budget, industry body CII Wednesday demanded that non-banking financial companies be treated at par with banks for taxation purposes in order to promote balanced development of the financial sector.
Feb 18, 2015, 21:22 PM IST
Budget could have slew of reforms: Fitch
Expecting a slew of reforms in the upcoming Union Budget, global rating agency Fitch Wednesday said any deviation from fiscal consolidation path could be a negative for its investment grade rating for India.
Feb 18, 2015, 19:48 PM IST
Accord priority sector to solar energy: Renewable Min to finance minister
Renewable Energy Ministry has suggested Finance Ministry that solar energy should be included in the priority sector norms of banks.
Feb 18, 2015, 16:18 PM IST
India to unveil more reforms in Budget this month: Sushma Swaraj
The new Indian government will unveil more reforms in the coming days, including in the forthcoming budget this month to woo foreign investment and make India a manufacturing destination, External Affairs Minister Sushma Swaraj has said.
Feb 18, 2015, 09:17 AM IST
GST rollout to boost growth by 2%: Adi Godrej
The government must roll out Goods & Services Tax (GST) from next fiscal as it is likely to boost economic growth by 2 percent, Godrej Group Chairman Adi Godrej said Tuesday.
Feb 17, 2015, 18:43 PM IST
Renewable energy ministry seeks incentives for solar sector
The renewable energy ministry has sought incentives such as excise duty exemption and 10-year tax holiday in the forthcoming budget to give a boost to the solar energy sector.
Feb 17, 2015, 17:28 PM IST
Tax sops likely for investments in Swachh Bharat, Clean Ganga
Finance Minister Arun Jaitley is likely to provide tax incentives in Budget to encourage companies to participate in Swachh Bharat Abhiyan and Clean Ganga campaign as part of mandatory two percent CSR spending.
Feb 17, 2015, 16:24 PM IST
Equity investors richer by Rs 5.5 lakh crore so far in 2015
Stock market investors became richer by Rs 5.5 lakh crore so far this year as the rally in equities boosted the valuation of all listed firms to Rs 103.88 lakh crore.
Feb 17, 2015, 16:09 PM IST
Incentives for manufacturing of mobile, laptops on anvil
The government is planning to come up with an incentive package in the upcoming Budget to encourage manufacturing of electronic hardware including mobile phones and laptops as part of the 'Make in India' campaign.
Feb 17, 2015, 15:50 PM IST
PSU banks will have to access market to meet cap adequacy: Moody's
PSU banks will have to raise funds from the capital market to meet capital requirement norms in absence of adequate financial support from the government in the forthcoming Budget, rating agency Moody's said today.
Feb 16, 2015, 16:12 PM IST
Budget: Commerce Minister wants Rs 100 cr Project Development Fund
The Commerce Ministry has sought setting up of a Project Development Fund with an initial corpus of Rs 100 crore to boost project exports from the country.
Feb 16, 2015, 16:07 PM IST
FM may address inverted duty structure in Budget to boost manufacturing
To boost manufacturing as part of the 'Make In India' campaign, Finance Minister Arun Jaitley is likely to address in the forthcoming Budget the issue of inverted duty structure, especially in sectors such as auto, electronics and pharma.
Feb 16, 2015, 16:04 PM IST
