Budget 2016

Budget Session of Parliament commences from February 23; Union Budget 2016 to be presented on February 29

Rail Budget will be presented on February 25 and Economic survey on February 26.

Feb 04, 2016, 12:25 PM IST

CCPA to meet today to finalise schedule of Budget Session

The Cabinet Committee on Parliamentary Affairs headed by Union Home Minister Rajnath Singh will meet on Wednesday to discuss the broad schedule of Budget session of Parliament.

Feb 04, 2016, 09:27 AM IST

RBI holds interest rate; Raghuram Rajan lobs ball to govt court, awaits Budget cues

The decision to keep repo rate on hold is based on the inflation trajectory which is moving along the set path, Rajan said, adding that if the data supports it, RBI will be accommodative.

Feb 02, 2016, 23:34 PM IST

RBI to look at full Budget while taking a call on rates: Raghuram Rajan

Reserve Bank Governor Raghuram Rajan Tuesday said Budget proposals will have a major bearing on the future course of the monetary policy, and RBI is looking at a broader package involving structural reforms helping supply side bottlenecks and higher quality spending in the document.

Feb 02, 2016, 20:39 PM IST

Budget 2016: Arun Jaitley could squeeze business to balance books

Finance Minister Arun Jaitley wants to present a credible budget this month with realistic targets for tax revenues and asset sales, people involved in the process say, but businesses may end up picking up much of the tab.

Feb 01, 2016, 22:41 PM IST

FM Arun Jaitley pitches for reforms, not populism, to push growth

Jaitley said the government would not pursue retrospective tax claims and added that he would like the remaining two or three disputes to get resolved "as expeditiously as possible".

 

Jan 30, 2016, 16:02 PM IST

Government plans to increase service tax

In the new budget, the government planning to increase the limit of service tax which would give a major relief in service tax to the small businesses.

Jan 27, 2016, 11:29 AM IST

Realtors seek loan restructuring; tax sops in upcoming Budget

Faced with acute slowdown in demand and delay in delivery of projects, realtors' apex body Naredco on Wednesday demanded tax sops for affordable homes and restructuring of bank loans.

 

Jan 20, 2016, 17:56 PM IST

Get 50% rebate in excise duty on new car by surrendering old car

The Budget may see some major announcements for automobile manufacturers which bring investments on green vehicles.

Jan 18, 2016, 09:30 AM IST

Road Minister Nitin Gadkari seeks 'end of life' policy for old vehicles in Budget

An 'end of life' policy may be announced in the Budget that may include a rebate of at least 50 percent in excise duty on new vehicles for buyers who surrender their polluting old ones.

Jan 17, 2016, 17:21 PM IST

Modi govt to announce friendly tax regime for startups in Budget 2016

Government in the Budget next month will announce a friendly tax regime that will encourage setting up of startups in the country, Finance Minister Arun Jaitley said Saturday.

Jan 16, 2016, 20:43 PM IST

Start Up India: Govt to announce friendly tax regime in Budget

Besides Start Up, the Finance Minister said the government will launch Stand Up India scheme under which, bank branches will lend to entrepreneurs belonging to SC/STs and women.

Jan 16, 2016, 13:37 PM IST

Will stick to fiscal consolidation roadmap in Budget: Finance Ministry

The government had set a fiscal deficit target of 3.9 per cent of the GDP for the current fiscal.

Jan 15, 2016, 12:36 PM IST

Modi govt to present Budget 2016-17 on February 29

Finance Minister Arun Jaitley in his second full-year budget is likely to focus on steps to accelerate economic growth that seems to have stagnated in 7-7.5 percent range amid a global slowdown.

 

Jan 14, 2016, 17:00 PM IST

Union Budget 2016 to focus on reform, growth: Jayant Sinha

Jayant Sinha, addressing an event organised by the Confederation of Indian Industry (CII), said the budget would be presented on Feb. 29.

Jan 14, 2016, 16:39 PM IST

FM Arun Jaitley to present Budget 2016 on February 29

FM Arun Jaitley to present Budget 2016 on February 29.

Jan 14, 2016, 16:22 PM IST

Union Budget 2016 to be presented on February 29

The government will present the Union Budget for 2016-17 on February 29, Minister of State for Finance Jayant Sinha said.

Jan 14, 2016, 13:34 PM IST

Govt may deviate from fiscal deficit path to boost growth

To promote growth, the government could consider deviating from fiscal deficit path for the next financial year and focus more on public spending, suggested economists at the pre-Budget meeting with Finance Minister Arun Jaitley.

 

Jan 13, 2016, 19:35 PM IST

Bankers pitch for raising 80C tax deduction limit to Rs 2.5 lakh

Suggestion regarding enhancing limit to Rs 2.5 lakh or Rs 3 lakh under section 80C were made apart from proposal to bring down lock-in period on tax free fixed deposits to one year from 5 years.

Jan 12, 2016, 22:07 PM IST

Inclusive growth is high on priorities of Modi govt

The government will take adequate measures to ensure social security for children, women and senior citizens of the country, Finance Minister Arun Jaitley said Tuesday.

Jan 12, 2016, 20:34 PM IST