Indian Budget 2014

Union Budget 2014: Special allocation for J&K, CWG and Asiad-bound in budget

The Ministry of Youth Affairs and Sports was on Thursday given a substantial hike of Rs 562 crore, out of which Rs 200 crore have been marked out for development of infrastructure in Jammu and Kashmir, in the 2014-15 budget presented by Finance Minister Arun Jaitley in the Parliament here.

Jul 10, 2014, 17:58 PM IST

Union Budget 2014: Govt to launch Kisan TV this year; sets aside Rs 100 cr

The government will launch a dedicated agri-television channel 'Kisan TV' this year to provide real-time information to farmers and earmarked Rs 100 crore in Budget 2014-15 for this purpose.

Jul 10, 2014, 17:56 PM IST

Union Budget 2014: Govt plans to restructure FCI for improving PDS

The government on Thursday said it will give priority to restructuring of state-run Food Corporation of India (FCI) for improving the public distribution system (PDS).

Jul 10, 2014, 17:48 PM IST

Union Budget 2014: Budget provides for Rs.100 crore Agriculture Infrastructure Fund

Finance Minister Arun Jaitley Thursday announced the setting up of an Agriculture Infrastructure Fund of Rs.100 crore to encourage research and development, saying it was necessary to make farming competitive and give an impetus to investment in agriculture.

Jul 10, 2014, 17:43 PM IST

Union Budget 2014: Brokerage firms shares gain after Budget

Shares of brokerage frims gained as much as 4.3 percent after the government on Thursday proposed a slew of measures in order to boost the capital market.

Jul 10, 2014, 17:41 PM IST

Union Budget 2014: Rs 500 cr for creation of 5 tourist circuits

With an aim of boosting tourism, government on Thursday announced allocation of Rs 500 crore for creation of five tourist circuits with specific themes in the country.

Jul 10, 2014, 17:37 PM IST

Union Budget 2014: Modi budgets for growth, aims to curb deficit

Prime Minister Narendra Modi`s new government on Thursday unveiled a first budget of structural reforms aimed at reviving growth, winning praise from investors despite a lack of clarity over how he would cap the big fiscal deficit.

Jul 10, 2014, 17:33 PM IST

PPP is new mantra for infra in Jaitley's maiden budget

Asserting that lack of infrastructure will not be allowed to hit growth, government on Thursday announced a slew of steps to fast-track projects mostly in public-private-partnerships, which finds renewed focus in Finance Minister Arun Jaitley's maiden Budget.

Jul 10, 2014, 17:32 PM IST

Union Budget 2014: Govt aims at total sanitation by 2019

Giving high priority to sanitation, Finance Minister Arun Jaitley on Thursday said the government intends to cover every household by total sanitation by 2019 through the 'Swatchh Bharat Abhiyan' programme.

Jul 10, 2014, 17:28 PM IST

Govt raises foreign investment limit in defence to 49%

In order to boost manufacturing and reduce import dependence, the government on Thursday proposed to raise the foreign investment limit to 49 percent in the defence sector.

Jul 10, 2014, 17:13 PM IST

Union Budget 2014: Govt to clear highways sector from maze of clearances: FM

The government Thursday unveiled steps including Rs 38,000 crore investment for fast-tracking highways to augment the nation's arterial network.

Jul 10, 2014, 17:12 PM IST

J-K benefits with Rs 500-cr package for Kashmiri migrants, IIT

A Rs 500-crore package for rebuilding the lives of Kashmiri migrants was among the slew of measures announced in this year's Union budget for Jammu and Kashmir.

Jul 10, 2014, 17:11 PM IST

FDI in realty, tax sops for REITs to boost housing segment

In a slew of measures to boost slowdown hit real estate sector, the government on Thursday relaxed FDI rules, gave incentive on home loans, offered tax sops on investment trusts and provided Rs 7,060 crore for the development of 100 smart cities.

Jul 10, 2014, 17:02 PM IST

Union Budget 2014-15: How will it affect you?

Investment limit under Section 80C of the Income-Tax Act has also been raised from Rs 1 lakh to Rs 1.5 lakh which will encourage savings to some extent.

Jul 10, 2014, 15:48 PM IST

Union Budget 2014-15: Full Text

Here's the full text of Finance Minister Arun Jaitley's Budget speech.

Jul 10, 2014, 15:47 PM IST

Union Budget 2014: Govt proposes measures to energise capital markets

To energise capital markets, the government today proposed a slew of measures, including tax benefits and easier regulations for foreign investors and corporate bonds besides creating a new instrument Bharat Depository Receipts, helping BSE benchmark Sensex to jump 434 points.
Finance Minister Arun Jaitely in his maiden budget also annouced incenvtive for real estate and investment trust (REIT).

Jul 10, 2014, 15:42 PM IST

Union Budget 2014: Govt to review DTC bill in its present form :Jaitley

Finance Minister Arun Jaitley Thursday said the government will review the ambitious Direct Taxes Code, which proposed overhaul of the six-decade old Income Tax Act in its present shape and take a view on the whole matter.

Jul 10, 2014, 15:25 PM IST

Union Budget 2014: Govt announces Rs 1,500 cr for irrigation, checking prices

Faced with a drought-like situation and high food prices, the government today announced a Rs 1,000 crore scheme to boost irrigation and also set up Rs 500 crore price stabilisation fund to rein in food inflation.

Jul 10, 2014, 15:21 PM IST

Union Budget 2014: Govt to formulate new urea policy

Finance Minister Arun Jaitley in his Budget 2014-15 Thursday announced that a new policy for urea will be formulated.

Jul 10, 2014, 15:17 PM IST

Union Budget 2014: Expert views: Jaitley sticks to fiscal deficit target of 4.1%

Finance Minister Arun Jaitley said the country will stick to the fiscal deficit target of 4.1 percent of gross domestic product (GDP) set by the previous government for the year ending March 2015.

Jul 10, 2014, 15:02 PM IST