Union Budget 2016

Centre, states should work in unison to boost growth: FM Jaitley

Jaitley appreciated their efforts in attracting foreign investment and expressed the hope that "the growth momentum would catch pace in coming months".

 

Feb 06, 2016, 19:29 PM IST

Budget 2016: Govt to provide Rs 1.10 lakh crore for 7th Pay Commission, OROP

During the financial year 2016-17, the Central Government has to make provision for about Rs 1.10 lakh crore in order to meet the liabilities on account of implementation of Seventh Pay Commission recommendations and One Rank One Pension (OROP) Scheme.

 

Feb 05, 2016, 19:37 PM IST

Pre-Budget talks: FM to meet state counterparts tomorrow

As regards GST, the Centre is hopeful of getting it approved in the ensuing Budget session of Parliament beginning February 23.

Feb 05, 2016, 16:25 PM IST

Union Budget 2016: Finance Minister may give LTCG tax concession for under construction property

The Finance Ministry may bring cheers to lakhs of home buyers in the country who are saddled with the double burden of house rent and high EMIs on home loans.

Feb 05, 2016, 11:02 AM IST

Schedule of Budget session of Parliament

Presentation of Railway Budget will be on February 25, Economic Survey the next day and General Budget on February 29, 2016.

 

Feb 04, 2016, 14:02 PM IST

Budget Session of Parliament commences from February 23; Union Budget 2016 to be presented on February 29

Rail Budget will be presented on February 25 and Economic survey on February 26.

Feb 04, 2016, 12:25 PM IST

CCPA to meet today to finalise schedule of Budget Session

The Cabinet Committee on Parliamentary Affairs headed by Union Home Minister Rajnath Singh will meet on Wednesday to discuss the broad schedule of Budget session of Parliament.

Feb 04, 2016, 09:27 AM IST

RBI to look at full Budget while taking a call on rates: Raghuram Rajan

Reserve Bank Governor Raghuram Rajan Tuesday said Budget proposals will have a major bearing on the future course of the monetary policy, and RBI is looking at a broader package involving structural reforms helping supply side bottlenecks and higher quality spending in the document.

Feb 02, 2016, 20:39 PM IST

Budget 2016: Arun Jaitley could squeeze business to balance books

Finance Minister Arun Jaitley wants to present a credible budget this month with realistic targets for tax revenues and asset sales, people involved in the process say, but businesses may end up picking up much of the tab.

Feb 01, 2016, 22:41 PM IST

Realtors seek loan restructuring; tax sops in upcoming Budget

Faced with acute slowdown in demand and delay in delivery of projects, realtors' apex body Naredco on Wednesday demanded tax sops for affordable homes and restructuring of bank loans.

 

Jan 20, 2016, 17:56 PM IST

Will stick to fiscal consolidation roadmap in Budget: Finance Ministry

The government had set a fiscal deficit target of 3.9 per cent of the GDP for the current fiscal.

Jan 15, 2016, 12:36 PM IST

Modi govt to present Budget 2016-17 on February 29

Finance Minister Arun Jaitley in his second full-year budget is likely to focus on steps to accelerate economic growth that seems to have stagnated in 7-7.5 percent range amid a global slowdown.

 

Jan 14, 2016, 17:00 PM IST

Union Budget 2016 to focus on reform, growth: Jayant Sinha

Jayant Sinha, addressing an event organised by the Confederation of Indian Industry (CII), said the budget would be presented on Feb. 29.

Jan 14, 2016, 16:39 PM IST

FM Arun Jaitley to present Budget 2016 on February 29

FM Arun Jaitley to present Budget 2016 on February 29.

Jan 14, 2016, 16:22 PM IST

Union Budget 2016 to be presented on February 29

The government will present the Union Budget for 2016-17 on February 29, Minister of State for Finance Jayant Sinha said.

Jan 14, 2016, 13:34 PM IST

Govt may deviate from fiscal deficit path to boost growth

To promote growth, the government could consider deviating from fiscal deficit path for the next financial year and focus more on public spending, suggested economists at the pre-Budget meeting with Finance Minister Arun Jaitley.

 

Jan 13, 2016, 19:35 PM IST

Bankers pitch for raising 80C tax deduction limit to Rs 2.5 lakh

Suggestion regarding enhancing limit to Rs 2.5 lakh or Rs 3 lakh under section 80C were made apart from proposal to bring down lock-in period on tax free fixed deposits to one year from 5 years.

Jan 12, 2016, 22:07 PM IST

Finance Ministry to assume oil price at below $50 in Budget 2016

The Finance Ministry likely to peg the notional value of crude oil price below USD 50 a barrel while computing the subsidy numbers and fiscal deficit in the Budget 2016-17.

Jan 11, 2016, 20:50 PM IST

Budget 2016: Trade unions seek doubling of I-T exemption limit to Rs 5 lakh

The Union Budget for the next financial year, 2016-17, is slated to be presented in Parliament in February end.

Jan 06, 2016, 23:06 PM IST

India weighs fiscal stimulus in new budget despite fast economic growth

India claims to be the world`s fastest-growing major economy, yet the government might break its budget deficit targets to stimulate demand, potentially undermining the central bank`s fight against inflation.

Jan 05, 2016, 15:55 PM IST