For every Re in govt kitty, 24 paise to come from borrowing
For every rupee in government kitty, as much as one-fourth will come from market borrowing in 2014-15 while 20 paise would be spent towards interest payment.
Jul 10, 2014, 16:29 PM IST
Domestic cos can obtain advance ruling on tax liability
With Rs 4 lakh crore locked in litigations, Finance Minister Arun Jaitley Thursday proposed to allow domestic companies to obtain advance ruling with regard to their direct and indirect tax liabilities.
Jul 10, 2014, 16:25 PM IST
Liberal tax regime on cards for Foreign Portfolio Investors
To boost overseas investments into Indian capital markets, the government Thursday proposed a liberal tax regime for Foreign Portfolio Investors (FPI) willing to shift their base to India.
Jul 10, 2014, 16:23 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 2014-15: Govt to launch Digital India programme
The Central government on Thursday announced the launch of a pan India programme called “Digital India”.
Jul 10, 2014, 15:40 PM IST
Govt allocates Rs 7,060 cr for smart cities
Finance Minister Arun Jaitley on Thursday allocated Rs 7,060 crores in the Budget 2014-15 to develop 100 smart cities in the country.
Jul 10, 2014, 15:39 PM IST
Jaitley reaffirms commitment to Pradhan Mantri Gram Sadak Yojana
Presenting the Union Budget 2014-15 in the Lok Sabha, Finance Minister Arun Jaitley on Thursday reaffirmed Modi government's commitment to the Pradhan Mantri Gram Sadak Yojana.
Jul 10, 2014, 15:35 PM IST
Govt launches 'Beti Bachao, Beti Padhao` scheme
In a bid to sensitise people towards the concerns of girl child, the government on Thursday announced to introduce a new scheme called `Beti Bachao, Beti Padhao`.
Jul 10, 2014, 15:11 PM IST
Govt announces setting up of National Industrial Corridor Authority
The NDA government on Thursday announced the setting up of a National Industrial Corridor Authority with an aim to coordinate the development of industrial corridors with smart cities linked to transport connectivity.
Jul 10, 2014, 15:07 PM IST
Special Economic Zones will be strengthened: Arun Jaitley
Union Finance Minister Arun Jaitley on Thursday said the government is committed to revive the Special Economic Zones (SEZs).
Jul 10, 2014, 15:04 PM IST
Union Budget 2014-15: NDA govt targets 4% growth in agriculture
Finance Minister Arun Jaitley on Thursday said while presenting the Union Budget 2014-15 that his government was aiming for a sustained growth rate of 4 percent in agriculture.
Jul 10, 2014, 15:02 PM IST
Govt committed to reforms in food sector: Arun Jaitley
Finance Minister Arun Jaitley on Thursday said that the National Democratic Alliance government is committed to reforms in the food sector.
Jul 10, 2014, 15:01 PM IST
Union Budget 2014-15: Defence Ministry gets Rs 2.29 lakh cr in Union Budget
The Ministry was allocated Rs 2,03,672 crore in 2013-14 and was provided Rs 2,24,000 crore in the interim budget presented by the UPA government in February this year.
Jul 10, 2014, 14:30 PM IST
Union Budget 2014-15: Realty stocks surge as much as 11% post Budget
Following the sharp uptick in these stocks, the BSE realty index was trading 7.98 percent higher at 2,067.57 and was the biggest gainer among the 12 sectoral indices.
Jul 10, 2014, 14:26 PM IST
Union Budget 2014-15: Govt sets fiscal deficit target of 4.1%
Finance Minister Arun Jaitley said his government aims to reduce the fiscal deficit to 3.6 percent and 3 percent for 2015-16 and 2016-17, respectively.
Jul 10, 2014, 14:06 PM IST
Union Budget 2014-15: Who said what
Finance Minister Arun Jaitley presented the national budget for this fiscal and proposed to hike the tax exemption limit by Rs 50,000 for all individuals.
Jul 10, 2014, 14:01 PM IST
Govt aims for housing for all by 2022, extends additional tax incentive on home loans
Further, a Mission on Low Cost Affordable Housing will be started and the same will be anchored in the National Housing Bank.
Jul 10, 2014, 13:55 PM IST
Union Budget 2014-15: Stress on development of urban areas
The Pooled Municipal Debt Obligation Facility was set up in 2006 with participation of several banks to promote and finance infrastructure projects in Urban Areas on shared risk basis.
Jul 10, 2014, 13:50 PM IST
Gold futures rise over 2% after government keeps import duty unchanged
Gold for August delivery on the Multi Commodity Exchange rose to as much as 28,225 rupees, up 2.2 percent.
Jul 10, 2014, 13:46 PM IST
