Union Budget 2015

India to raise import tax on steel to counter China threat

India will raise the import duty on steel by 5 percentage points from April 1, Finance Minister Arun Jaitley said on Saturday, to stem a flow of cheap supplies from China and Russia.

Feb 28, 2015, 13:45 PM IST

Union Budget: 'No relief for middle class, low income groups, says Congress

The Congress on Saturday dubbed the Union Budget presented by Finance Minister Arun Jaitley in the Lok Sabha as `jugglery of words`, and said that there has been no relief for the middle class and the lower income groups.

Feb 28, 2015, 13:43 PM IST

Budget 2015: Tax exemptions for middle class

Increase in the limit of deduction in respect of health insurance premium from Rs 15,000 to Rs 25,000.

Feb 28, 2015, 13:26 PM IST

AP becomes first state to execute NOFN on its own

Andhra Pradesh has become the first state to opt for executing the National Optical Fibre Network (NOFN) on its own and the telecom department will reimburse the cost for the same, Finance Minister Arun Jaitley said Saturday.

Feb 28, 2015, 13:24 PM IST

Govt for setting up 5 new UMPPs at Rs 1 lakh cr investment

India will set up 5 more ultra mega power projects, entailing investments of around Rs 1 lakh crore, the government said Saturday.

Feb 28, 2015, 13:23 PM IST

Sensex trades flat after budget presentation

A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), Saturday traded flat in the afternoon trade session after Finance Minister Arun Jaitley presented budget 2015-16 in the Lok Sabha.

Feb 28, 2015, 13:16 PM IST

AP becomes first state to execute NOFN on its own

Andhra Pradesh has become the first state to opt for executing the National Optical Fibre Network (NOFN) on its own and the telecom department will reimburse the cost for the same, Finance Minister Arun Jaitley said today.

Feb 28, 2015, 13:12 PM IST

FM proposes setting up of autonomous banks board bureau

In order to improve governance of public sector banks, Finance Minister Arun Jaitley today proposed setting up autonomous banks board bureau for helping lenders raise capital for meeting expansion needs.

Feb 28, 2015, 13:10 PM IST

Expert views: India budget goes for growth, delays cut in fiscal deficit

Finance Minister Arun Jaitley on Saturday announced a budget aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost investment and ensure that ordinary people benefit.

Feb 28, 2015, 13:08 PM IST

Nirbhaya fund doubled: Jaitley

Finance Minister Arun Jaitley Saturday doubled the budget of the Nirbhaya fund to Rs. 2,000 crore from Rs. 1,000 crore.

Feb 28, 2015, 13:01 PM IST

India to cut corporate tax to 25% over four years

India will reduce tax on businesses to 25 percent over four years from a current 30 percent, with a view to boosting spending and job creation, Finance Minister Arun Jaitley said on Saturday, when presenting the government`s full-year budget.

Feb 28, 2015, 12:55 PM IST

Roof for each family by 2022: Jaitley

Every family in India will have a roof over its head by 2022, India`s 75th year of independence, Finance Minister Arun Jaitley said Saturday.

Feb 28, 2015, 12:53 PM IST

Six more AIIMS like institutes: Jaitley

Six more AIIMS like institutions will be set up in the country, Finance Minister Arun Jaitley said Saturday.

Feb 28, 2015, 12:52 PM IST

Northeast region to get film production centre: Jaitley

A centre for film production will be set up in the northeast region of the country, Finance Minister Arun Jaitley said Saturday.

Feb 28, 2015, 12:49 PM IST

Jaitley proposes law to promote ease of doing business

Aiming to improve the ease of doing business in the country, Finance Minister Arun Jaitley today proposed appointing an expert committee to prepare a draft legislation for obtaining regulatory clearances expeditiously.

Feb 28, 2015, 12:44 PM IST

MNREGA allocation rises to Rs.5,000 crore

The government will enhance the allocation to the Mahatma Gandhi National Rural Employment Guarantee (MNREGA) scheme by Rs.5,000 crore, Finance Minister Arun Jaitley said Saturday.

Feb 28, 2015, 12:42 PM IST

Sensex up 340 pts on Budget proposal to cut corporate tax rate

The benchmark BSE Sensex recovered over 340 points to trade in positive zone after Finance Minister Arun Jaitley proposed to reduce corporate tax rate in in Budget.

Feb 28, 2015, 12:40 PM IST

Visa on arrival now for 150 countries

India will provide visa on arrival (VoA) to people from 150 countries, a sharp rise from the 43 countries now, Finance Minister Arun Jaitley announced Saturday.

Feb 28, 2015, 12:37 PM IST

Sensexs gain on GAAR delay, plan to reduce corporate tax rate

The BSE Sensex and Nifty rose nearly 1 percent on Saturday, recovering from earlier falls after Finance Minister Arun Jaitley proposed to cut the corporate tax rate over the next four years and delayed the implementation of planned General Anti-Avoidance Rules (GAAR) by two years.

Feb 28, 2015, 12:33 PM IST

Two game changing reforms on the anvil: Arun Jaitley

In line with the expectation of major reform measures by the government, Finance Minister Arun Jaitley Saturday announced that two more "game changing reforms" are coming up.

Feb 28, 2015, 12:31 PM IST