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
New Delhi, Feb 29 The government will set up 3,000 new generic medicine stores across the country to tackle the shortage of drugs in rural areas, Finance Minister Arun Jaitley said on Monday.“For the better availability of generic medicines in
New Delhi, Feb 29 Finance Minister Arun Jaitley presented India’s national budget for 2016-17 in the Lok Sabha on Monday, saying the country was a bright spot of the global economy today, while outlining his nine focus areas in which
New Delhi, Feb 29 Finance Minister Arun Jaitley on Monday said the country’s domestic honey production has risen from 76,150 tonnes in 2014-2015 to 86,500 tonnes in 2015-2016 and 90 percent of it is being exported to various countries.Jaitley said
New Delhi, Feb 29 One crore youths would be trained under the government’s skill development programme in the next three years, Finance Minister Arun Jaitley said on Monday.Presenting the Union Budget for 2016-2017 in the Lok Sabha, Jaitley said the
New Delhi, Feb 29 The central government on Monday announced allocation of Rs.9,000 crore for the Swachh Bharat Abhiyan (Clean India Campaign) in the country.“The concept of Swachh Bharat was very close to the heart of Father of the Nation
New Delhi, Feb 29 Union Finance Minister Arun Jaitley on Monday allocated Rs.38,500 crore for schemes under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA).He announced this while presenting the 2016-17 annual budget in the Lok Sabha.In the 2015-16
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