Budget 2016

FM Arun Jaitley proposes to amend SEBI Act to increase benches in SAT

Finance Minister Arun Jaitley Monday proposed to amend the SEBI Act in order to increase benches in the Securities Appellate Tribunal (SAT).

Feb 29, 2016, 14:53 PM IST

Going the green way: No hard copies of Budget 2016!

The government decided not to distribute hard copies of the budget to Media houses as part of its bid to go green and save trees.

Feb 29, 2016, 14:50 PM IST

Govt moots lower corporate tax at 25% for new manufacturing units

The government Monday lowered the corporate tax for new manufacturing units at 25 percent with a view to promote industrial activity and generate jobs.

Feb 29, 2016, 14:44 PM IST

Budget at a glance: Snapshot of key figures

Here's a quick snapshot of key figures that the FM has announced in his Budget.

Feb 29, 2016, 14:42 PM IST

Govt to announce PSBs' consolidation plan; to infuse Rs 25,000 crore

Government will unveil a roadmap for consolidation of public sector banks (PSBs) which are expected to get an infusion of Rs 25,000 crore next fiscal, Finance Minister Arun Jaitley said Monday.

Feb 29, 2016, 14:40 PM IST

Govt gives Rs 36,000 crore to farm sector; agri-credit at Rs 9 lakh crore

Aiming to double farmers income by 2022, Finance Minister Arun Jaitley Monday announced an allocation of nearly Rs 36,000 crore for the farm sector while raising the agri-credit target to Rs 9 lakh crore for the next fiscal.

Feb 29, 2016, 14:37 PM IST

Budget 2016: Arun Jaitley sticks to fiscal roadmap, FY17 deficit at 3.5%

Amid debate over balancing growth and financial management, Finance Minister Arun Jaitley Monday adhered to the fiscal consolidation roadmap by proposing to keep the deficit at 3.5 percent of GDP in 2016-17.

Feb 29, 2016, 14:33 PM IST

Disinvestment Dept renamed to Department of Investment and Public Asset Management

Government Monday said PSUs will now have to monetise their idle assets for new investments, while renaming the Department of Disinvestment to Department of Investment and Public Asset Management (DIPAM).

Feb 29, 2016, 14:25 PM IST

How the Govt plans Simplification and Rationalization of Taxation

In order to reduce multiplicity of taxes, associated cascading and to reduce cost of collection, abolition 13 cesses, levied by various Ministries in which revenue collection is less than Rs.50 crore in a year, is proposed.

Feb 29, 2016, 14:21 PM IST

Budget 2016: Govt allocates Rs 500 crore to support SC/ST, women entrepreneurs

Government has allocated Rs 500 crore for scheduled caste, scheduled tribes and women entrepreneurs in the Budget under the Stand Up India scheme.

Feb 29, 2016, 14:20 PM IST

Economists, experts reaction on Budget 2016

Finance Minister Arun Jaitley unveiled a budget for the poor on Monday, announcing new rural aid and health programmes in a strategy shift that could boost his ruling party in coming state elections.

Feb 29, 2016, 14:17 PM IST

Have your say: Will FM Arun Jaitley's Budget bring cheers for common man?

Facing challenges from both domestic and global fronts, Finance Minister Arun Jaitley on Monday presented Budget for financial year 2016-17.

Feb 29, 2016, 14:16 PM IST

Cars set to become costly as Arun Jaitley proposes infra cess of upto 4%

Car prices, including those of mass market small ones, are set to go up as Finance Minister Arun Jaitley today proposed to levy an infrastructure cess of up to 4 percent on various kinds of vehicles.

Feb 29, 2016, 14:13 PM IST

Budget 2016: Companies Act to be amended for greater ease of business

A bill to amend the Companies Act will be introduced in the current session of Parliament for greater ease of doing business, including for facilitating registration of a new company in just one day, Finance Minister Arun Jaitley said Monday.

Feb 29, 2016, 14:10 PM IST

Budget 2016: No change in Income Tax slab

The government has decided that no change has to be made in income tax slab. Income tax also relieved for Companies set up under start up scheme and make in India Campaign.

Feb 29, 2016, 13:58 PM IST

Budget 2016: 10 key things you should know

Here are important announcements made by Union Finance Minister Arun Jaitley in his Budget speech 2016-17

Feb 29, 2016, 13:57 PM IST

Budget 2016: Rs 9,000 crore allocated for Swachh Bharat Abhiyan

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Feb 29, 2016, 13:57 PM IST

Budget 2016: 100% village electrification by 2018, says Jaitley

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Feb 29, 2016, 13:54 PM IST

Rs 35,984 crore allocated for agriculture in Budget 2016-17

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Feb 29, 2016, 13:51 PM IST

Budget 2016: Surcharge of 15% on income above 1 crore

Finance minister has increased the surcharge on income tax levied on individuals earning income of Rs 1 crore or more from 12 percent at present to 15 percent 

 

Feb 29, 2016, 13:50 PM IST