Stainless steel makers seek higher customs duty
Ahead of the budget, stainless steel firms have asked the Finance Ministry to increase customs duty to 25 percent from 10 percent at present to safeguard the interest of domestic firms in view of growing imports.
Feb 19, 2015, 18:20 PM IST
Budget interviews to be streamed live on social media
With Prime Minister Narendra Modi's emphasis on utilising social media to reach out to people, the first interviews of the Finance Minister and Railway Minister, after they present their respective budgets, will be streamed live on 'YouTube' while questions will be invited from the people through 'Twitter'.
Feb 17, 2015, 21:38 PM IST
Fertiliser industry approaches FM, seeks funds for subsidy payment
In a letter to the Finance Minister, Fertilizer Association of India Director General Satish Chander has said that domestic urea manufacturers have not been paid since August, 2014.
Feb 17, 2015, 10:39 AM IST
CII seeks tax reforms for investment trusts
Pitching for reforms in tax rules for investment trusts, industry body CII on Sunday said the Union Budget should focus on stability and certainty in taxation for growth of these entities.
Feb 15, 2015, 13:08 PM IST
R&D activities in pharma may get tax boost in Budget
"There is an urgent need to boost R&D in the pharma sector. India is the hub of generic medicines. It contributes significantly to the country's total exports," the official added.
Feb 15, 2015, 11:05 AM IST
Budget support critical for survival: Electric vehicle makers
From over 25 players in the electric vehicle industry a couple of years ago, only 4-5 are left now and if the government does not come out with the plan, then even these would be forced to opt out of the segment, he added.
Feb 15, 2015, 10:57 AM IST
Call for 'proactive' steps in Budget as IIP dips, inflation rises
Reflecting sluggishness in the economy, the IIP growth has slipped to 1.7 percent in December month-on-month, while inflation rose to 5.11 percent in January.
Feb 12, 2015, 22:18 PM IST
India Inc asks for sops, lower rates after IIP growth falls
With industrial output growth slowing down in December, India Inc on Thursday pitched for incentives in the Budget to revive investments while reiterating its call for lower interest rates.
Feb 12, 2015, 21:44 PM IST
Arun Jaitley – Know your Finance Minister
Arun Jaitley is indeed facing challenges to revive the economy.
Feb 05, 2015, 16:11 PM IST
IIC seeks easier financing for social enterprises
Impact Investors Council, in a representation to the Finance Ministry, has sought recognition and easier financing for social enterprises in the upcoming budget.
Jan 29, 2015, 16:26 PM IST
Traction motor plant in Sushma's LS seat in the offing
The railways is firming up plans to set up a traction motor factory in Vidisha and a wagon workshop in Visakhapatnam with an aim of stepping up its manufacturing activities in line with the 'Make in India' campaign.
Jan 25, 2015, 10:46 AM IST
Steel Ministry seeks hiking of import duty on finished products
The Mines and Steel Ministry has sought import duty hike on finished steel products to 10 percent, besides complete withdrawal of the levy on imports of steel-making inputs such as iron ore and coking coal in the coming Budget.
Jan 22, 2015, 11:45 AM IST
Jalan panel for cut in fiscal deficit to 3.6% in 2015-16
Ahead of the Budget, the Expenditure Management Commission, headed by Bimal Jalan, has recommended to the government that it cut fiscal deficit to 3.6 percent of the GDP during 2015-16.
Jan 21, 2015, 23:58 PM IST
Union Budget 2015 on Feb 28, Parl session starts from Feb 23
The General Budget will be presented on February 28, a Saturday, with the Budget session of Parliament beginning February 23 during which the government will also seek to convert six recent ordinances into legislations.
Jan 21, 2015, 17:51 PM IST
Union Budget 2015 to be presented on February 28
The NDA Government will be presenting its first full-year Budget, which is expected to lay the foundation of Prime Minister Narendra Modi`s `Make in India` plans.
Jan 21, 2015, 13:25 PM IST
Address tax issues, push data centre infra: Tech cos to Jaitley
Top officials from IT, BPO and eCommerce sectors today requested Finance Minister Arun Jaitley to address certain issues related to taxation in the Budget 2015-16, and provide incentives for setting up data centres in the country.
Jan 14, 2015, 21:52 PM IST
GJF wants import duty to be cut to 2%
Gems and jewellery traders have asked the government to cut down the duty on gold to two percent from current 10 percent.
Jan 14, 2015, 19:45 PM IST
Social sector seeks higher budget allocation for education
Representatives of social sector organisations on Thursday sought higher budgetary allocation for education, with special focus on the elementary sector.
Jan 08, 2015, 15:40 PM IST
Jaitley to meet state FMs today on upcoming budget
Finance Minister Arun Jaitley will meet state finance ministers on Friday to elicit their views on the forthcoming budget to be presented in Lok Sabha in February-end.
Dec 26, 2014, 09:25 AM IST
