By TN Ashok New Delhi, Feb 29 ; The NDA government led by BJP’s Prime Minister Narendra Modi today presented a budget that seemed politically correct ahead of five assembly elections that go to polls from May onwards . The
By TN Ashok New Delhi, Feb 29: – The Government is firm on its course towards fiscal consolidation without compromising on its development agenda. 3.5% fiscal deficit is targeted for FY 2017 and is claimed to be achievable, Finance Minister Arun
By Arvind Padmanabhan New Delhi, Feb 29 (IANS) Focusing on rural economy and infrastructure with minor rebate for small taxpayers but amnesty for defaulters, Finance Minister Arun Jaitley on Monday unveiled a Rs.19.78 lakh crore ($300 billion) budget for 2016-17, earmarking
By TN Ashok New Delhi, Feb 29: – The Government is firm on its course towards fiscal consolidation without compromising on its development agenda. 3.5% fiscal deficit is targeted for FY 2017 and is claimed to be achievable, Finance Minister Arun
By TN Ashok New Delhi, Feb 29: GDP has accelerated to 7.6% in the current Financial Year notwithstanding the contraction of global exports by 4.4% compared to 7.7% growth in the world exports during the last three years of the previous
By TN Ashok New Delhi Feb 29: The Union Budget for 2016-17 has proposed measures to rationalize TDS provisions for Income Tax to improve cash flow position of small tax payers who get their funds blocked due to current TDS provisions,
Total Outlay for Infrastructure in Budgetary Estimates 2016-17 Stands at Rs. 2,21,246Crore By TN Ashok New Dehi, Feb 29 : A total outlay of Rs. 2,18,000 crore will be spent on capital expenditure of roads and railways in 2016-17, The
New Delhi, Feb 29 Highlights of the budget for 2016-17 presented by Finance Minister Arun Jaitley in the Lok Sabha. Highlights of Union Budget 2016-17 : * To reduce multiplicity of taxes and cascading, 13 taxes with collections of less than
Emphasis on Infrastructure Development Benefits to small tax payers, health scheme for poor – Rich taxed – Cigarettes and Cars costlier Revenue Loss from Direct Tax concessions – Rs 1060 crore & Revenue Gain from Indirect Tax proposals – Rs
New Delhi, Feb 29 Union Finance Minister Arun Jaitley on Monday announced a new amnesty scheme for those having unaccounted money to come clean by paying 45 percent of their undisclosed asset. Presenting his budget for the year 2016-17, Jaitley
New Delhi, Feb 29 Continuing government efforts to deal with the high levels of non-performing assets (NPAs), or bad debts, of state-run banks, Finance Minister Arun Jaitley on Monday allocated Rs.25,000 crore towards their recapitalisation in the next fiscal. He
Unified Agricultural Marketing E-Platform to be Dedicated to the Nation on 14th April this Year The Union Finance Minister, Shri Arun Jaitley while presenting the General Budget today said that his Government intends to go beyond Food Security and give
While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley said that customs and excise duty structure plays an important role in incentivizing domestic value addition towards Make in India campaign. He proposed
New Delhi, Feb 29 Finance Minister Arun Jaitley on Monday gave relief to small tax payers, nudged the affluent to shell out more while focusing on the rural economy with much higher fiscal outlays, as he presented India’s national budget
New Delhi, Feb 29 Finance Minister Arun Jaitley, who presented India’s national budget for the next fiscal in the Lok Sabha on Monday, gave every bit of a competition to the fashion savvy Prime Minister Narendra Modi in a suave
New Delhi, Feb 29 In a major push on infrastructure, Finance Minister Arun Jaitley on Monday announced allocation of Rs.97,000 crore for the roads sector in the union budget for the next fiscal.This amount includes the Rs.19,000 crore he has
New Delhi, Feb 29 (IANS) Finance Minister Arun Jaitley on Monday announced that ‘Ek Bharat Shrestha Bharat’ scheme will be launched with an aim to connect states and districts of the country.“The states and districts will be connected through varied cultures
New Delhi, Feb 29 In a major reforms push, Finance Minister Arun Jaitley on Monday said 100 percent foreign equity will be allowed in the retail of domestically-processed food to give a push to the country’s farm sector.In his budget
New Delhi, Feb 29 Finance Minister Arun Jaitley on Monday announced the setting up of a higher education financing agency, with a fund of Rs.1,000 crore.Presenting the 2016-2017 Budget in the Lok Sabha, Jaitley also said that an enabling regulatory architecture
New Delhi, Feb 29 Finance Minister Arun Jaitley on Monday announced that the government will provide health insurance of up to Rs.1 lakh per family.“The government will provide health insurance of up to Rs.1 lakh per family,” said Jaitley, presenting
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