Modi's first Budget targets growth, curbs deficit
Prime Minister Narendra Modi`s new government on Thursday unveiled a budget it said can revive growth after the longest slowdown in a quarter of a century even while curbing borrowing.
Jul 10, 2014, 12:27 PM IST
Nifty falls to 2-1/2 week low on profit-taking
The broader Nifty fell more than 1 percent on Thursday to its lowest in nearly 2-1/2 weeks as lenders such as ICICI Bank were hit by profit-taking even as Finance Minister Arun Jaitley stuck to the previous government`s fiscal deficit target.
Jul 10, 2014, 12:15 PM IST
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, 12:05 PM IST
Retro tax amendment to be undertaken with extreme caution: FM
Assuring investors that retrospective amendments to tax laws will be undertaken with extreme caution, Finance Minister Arun Jaitley today said all fresh cases arising out of the 2012 amendment of I-T Act will be looked into by a high level CBDT committee.
Jul 10, 2014, 12:01 PM IST
PSU banks to raise Rs 2.40 lakh crore capital by 2018
Proposing to provide greater autonomy to public sector banks, Finance Minister Arun Jaitley Thursday said these lenders would require Rs 2.40 lakh crore capital by 2018 to meet global Basel III norms.
Jul 10, 2014, 11:59 AM IST
Jaitley's Budget targets 7-8% growth in three years
Finance Minister Arun Jaitley began presenting the first national budget for self and Prime Minister Narendra Modi`s government Thursday expressing concerns over economic slowdown while promising steps to ensure a course correction with bold measures.
Jul 10, 2014, 11:45 AM IST
Modi's first Budget targets growth, jobs
Prime Minister Narendra Modi`s new government unveiled what it called a budget for growth on Thursday and vowed to curb borrowing after the longest economic slowdown in a quarter of a century.
Jul 10, 2014, 11:30 AM IST
Union Budget 2014-15: Key Highlights
Income tax exemption limit raised by Rs 50,000 to Rs 2.5 lakh and for senior citizens to Rs 3 lakh.
Jul 10, 2014, 11:27 AM IST
Jaitley starts unveiling national Budget
Finance Minister Arun Jaitley began presenting the first national budget for self and Prime Minister Narendra Modi`s government Thursday expressing concerns over slowdown in the economy and promising steps to ensure a course correction.
Jul 10, 2014, 11:23 AM IST
Sensex trades flat ahead of Budget
A benchmark index of Indian equities markets was volatile Thursday, wiping off its gains made in the early trade just ahead of the maiden budget of the new government which will be presented to the parliament.
Jul 10, 2014, 11:16 AM IST
No expectation from Union Budget: Naresh Agarwal
Samajwadi Party (SP) leader Naresh Agarwal Thursday said that his party is not expecting much from the maiden Union Budget of the Narendra Modi government.
Jul 10, 2014, 10:50 AM IST
Budget 2014-15 OVERVIEW: Income tax exemption limit raised to Rs 2.5 lakh; PPF cap hiked
Bringing cheer to individual taxpayers, Finance Minister Arun Jaitley in his maiden Union Budget 2014-15 in Parliament on Thursday, raised personal tax exemption limit to Rs 2.5 lakh from the current Rs 2 lakh.
Jul 10, 2014, 10:10 AM IST
Sensex recovers 75 points ahead of Budget
Tracking a firming global trend, the benchmark BSE Sensex Thursday rose by nearly 75 points in early trade ahead of the Union Budget 2014-15.
Jul 10, 2014, 10:05 AM IST
Jaitley set to present maiden Budget
Finance Minister Arun Jaitley was set to present the first national budget for self and the Prime Minister Narandra Modi government Thursday in an exercise that will be watched and analysed closely to ascertain what out-of-the-box steps he beings to the table to revive the Indian economy and spur growth.
Jul 10, 2014, 09:13 AM IST
Indian gold premiums dampen physical demand
Commodity Transaction Tax (CTT) should be withdrawn so that the volumes can be brought back on the exchanges.
Jul 08, 2014, 17:59 PM IST
High hopes from Modi government's first Budget Thursday
Amid high expectations from the common man and corporate India, the maiden budget of Prime Minister Narendra Modi`s government Thursday is expected to extend tax relief to the salaried class.
Jul 07, 2014, 15:40 PM IST
Bring policy to check API import from China: IPA to govt
The India Pharmaceuticals Association (IPA) urged the Finance Ministry to come up with a policy framework with regard to incentives to drug innovation and ease dependence on import of essential APIs (Active pharma ingredients) from China.
Jul 05, 2014, 17:01 PM IST
Rail Budget to focus on passenger amenities
Keeping passenger amenities and comfort as its top priorities, railways have proposed a new design coach with improved furnishings and house keeping scheme in coaches in the Rail Budget 2014-15.
Jul 03, 2014, 15:06 PM IST
FinMin may double tax exemption limit under 80C to Rs 2 lakh
Seeking to boost household savings, the Finance Ministry is considering doubling the exemption limit for investments by individuals in financial instruments to Rs 2 lakh.
Jun 30, 2014, 16:09 PM IST
PowerMin may seek scrapping of proposed duty on solar gear
The Power Ministry may seek dropping of the proposal to levy anti-dumping duty on imported solar power equipment on the plea that the current manufacturing capacity is not sufficient to meet the requirements of electricity generating firms in the sector.
Jun 30, 2014, 14:56 PM IST
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