Union Budget 2016-17 – Politically Correct? Economically Prudent?

Union Budget 2016-17 – Politically Correct? Economically Prudent?

🕔23:28, 29.Feb 2016

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

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Jaitley’s 2016-17 Budget Focuses on Key Reform Measures

Jaitley’s 2016-17 Budget Focuses on Key Reform Measures

🕔23:27, 29.Feb 2016

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

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Jaitley opens coffers for rural India, unveils another tax amnesty

Jaitley opens coffers for rural India, unveils another tax amnesty

🕔20:09, 29.Feb 2016

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

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Petrol price cut by Rs.3.02 a litre, diesel hiked by Rs.1.47

Petrol price cut by Rs.3.02 a litre, diesel hiked by Rs.1.47

🕔20:06, 29.Feb 2016

New Delhi, Feb 29 (IANS) State-run Indian Oil Corp moved in contrary directions on Monday, cutting the petrol price by Rs.3.02 a litre, but raising diesel by Rs.1.47, both at Delhi, with corresponding changes in other states and effective midnight.

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Jaitley’s 2016-17 Budget Focuses on Key Reform Measures

Jaitley’s 2016-17 Budget Focuses on Key Reform Measures

🕔20:03, 29.Feb 2016

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

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‘Transform India’ is theme of Budget 2016-17 , GDP Accelerates to 7.6%

‘Transform India’ is theme of Budget 2016-17 , GDP Accelerates to 7.6%

🕔20:01, 29.Feb 2016

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

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Simplification and Rationalization of Taxation – 2016-17 Budget Focus

Simplification and Rationalization of Taxation – 2016-17 Budget Focus

🕔19:59, 29.Feb 2016

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,

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Outlay on Roads and Railways Proposed at Rs 2,18,000 Crore in 2016-17

Outlay on Roads and Railways Proposed at Rs 2,18,000 Crore in 2016-17

🕔19:57, 29.Feb 2016

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

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President selects 7 innovators to stay at Rashtrapati Bhavan

President selects 7 innovators to stay at Rashtrapati Bhavan

🕔15:59, 29.Feb 2016

New Delhi, Feb 29  President Pranab Mukherjee on Monday selected seven innovators for a two-week stay at Rashtrapati Bhavan under a Scholars-In-Residence programme starting from March 12.The seven selected innovators are: G.K. Ratnakar (Karnataka) for his mini hydro turbine invention;

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Budget will accomplish ‘housing for all’ dream: PM Modi

Budget will accomplish ‘housing for all’ dream: PM Modi

🕔15:57, 29.Feb 2016

New Delhi, Feb 29  Prime Minister Narendra Modi on Monday hailed his Finance Minister Arun Jaitley for the poor-friendly general budget that will also fulfil their dream of owning a house.“Ask a common man, ask a poor man. They have

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Alok Kumar Verma takes charge as Delhi Police chief

Alok Kumar Verma takes charge as Delhi Police chief

🕔15:55, 29.Feb 2016

New Delhi, Feb 29 Alok Kumar Verma, a 1979-batch Indian Police Service officer, on Monday took charge as the Delhi Police Commissioner, an official said.Verma, who will be the Delhi Police chief till July 2017, succeeds B.S. Bassi, who retired on

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Modi passes with flying colours: Rajnath on budget

Modi passes with flying colours: Rajnath on budget

🕔15:44, 29.Feb 2016

New Delhi, Feb 29  Home Minister Rajnath Singh on Monday hailed the general budget and said “if the budgets were like annual exams for Prime Minister Narendra Modi, then I must say he has passed the exams with flying colours”.Singh

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Dharmendra Pradhan hails historic announcement in the Union Budget

Dharmendra Pradhan hails historic announcement in the Union Budget

🕔15:04, 29.Feb 2016

In an unprecedented move for the welfare of poor women particularly in rural areas, the Union Budget 2016 on Monday allocated Rs 2000 Cr to provide LPG connections to 1.5 crore women belonging to the below poverty line (BPL) families

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US lawmakers’ letter to PM ‘unfortunate’: India

US lawmakers’ letter to PM ‘unfortunate’: India

🕔14:39, 29.Feb 2016

New Delhi, Feb 29  The government on Monday described as “unfortunate” a letter written by 34 US lawmakers to Prime Minister Narendra Modi expressing concern over violence against religious minorities in India.“It is unfortunate that these members of Congress while

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Calibrated marketing freedom to incentivise Oil & Gas production

Calibrated marketing freedom to incentivise Oil & Gas production

🕔14:38, 29.Feb 2016

Comprehensive plan to augment investment in Nuclear Power generation  By TN Ashok New Delhi, Feb 29 : Finance Minister Arun Jaitley told lok sabha today that  Oil & Gas discovery and exploration of Gas in difficult areas will be incentivized by

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South Korea to spend $603 mn on space programme

South Korea to spend $603 mn on space programme

🕔13:07, 29.Feb 2016

Seoul, Feb 29 South Korea is set to spend a total of 746 billion won ($603 million) on its space programme this year, as part of efforts to realise its long-cherished goal of reaching the moon.The science ministry on Sunday

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Highlights of Union Budget 2016-17

Highlights of Union Budget 2016-17

🕔13:00, 29.Feb 2016

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

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GDP Projected at 7.6% for 2016-17 – IMF Hails India’s Growth

GDP Projected at 7.6% for 2016-17 – IMF Hails India’s Growth

🕔12:55, 29.Feb 2016

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

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One more scheme for holders of black money

One more scheme for holders of black money

🕔12:47, 29.Feb 2016

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

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Jaitley allots Rs.25,000 crore for state-run banks’ recapitalisation

Jaitley allots Rs.25,000 crore for state-run banks’ recapitalisation

🕔12:45, 29.Feb 2016

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

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