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Budget will give impetus to people’s participation: Narendra Modi

Budget will give impetus to people’s participation: Narendra Modi

Last Updated: Thursday, July 10, 2014, 18:01

Prime Minister Narendra Modi on Thursday termed the Budget as one that converts hopes and aspirations of the people into trust.

PPP is new mantra for infra in Jaitley's maiden budget

PPP is new mantra for infra in Jaitley's maiden budget

Last Updated: Thursday, July 10, 2014, 17:32

Asserting that lack of infrastructure will not be allowed to hit growth, government on Thursday announced a slew of steps to fast-track projects mostly in public-private-partnerships, which finds renewed focus in Finance Minister Arun Jaitley's maiden Budget.

Govt raises foreign investment limit in defence to 49%

Last Updated: Thursday, July 10, 2014, 17:13

In order to boost manufacturing and reduce import dependence, the government on Thursday proposed to raise the foreign investment limit to 49 percent in the defence sector.

J-K benefits with Rs 500-cr package for Kashmiri migrants, IIT

J-K benefits with Rs 500-cr package for Kashmiri migrants, IIT

Last Updated: Thursday, July 10, 2014, 17:11

A Rs 500-crore package for rebuilding the lives of Kashmiri migrants was among the slew of measures announced in this year's Union budget for Jammu and Kashmir.

FDI in realty, tax sops for REITs to boost housing segment

FDI in realty, tax sops for REITs to boost housing segment

Last Updated: Thursday, July 10, 2014, 17:02

In a slew of measures to boost slowdown hit real estate sector, the government on Thursday relaxed FDI rules, gave incentive on home loans, offered tax sops on investment trusts and provided Rs 7,060 crore for the development of 100 smart cities.

New intel units, 800 personnel to check service tax evasion

Last Updated: Sunday, July 06, 2014, 19:06

The Finance Ministry has cleared creation of new intelligence units across the country and appointment of over 800 personnel to check any leakage in its earnings from the indirect tax.

Govt to sort out compensation issues for early GST roll-out: FM

Last Updated: Thursday, July 03, 2014, 21:06

Finance Minister Arun Jaitley Thursday said the Centre would sort out compensation issues with states to ensure early roll-out of Goods and Service Tax, a new indirect tax regime that will subsume various levies.

States want GST, only some concerns to be addressed: Rather

Last Updated: Thursday, July 03, 2014, 18:02

Raising hopes of early implementation of GST, Empowered Committee Chairman and Jammu and Kashmir Finance Minister Abdul Rahim Rather Thursday said that all states are on board and only some concerns need to be addressed by the Centre.

GST implementation will help narrow fiscal deficit: CRISIL

Last Updated: Monday, June 23, 2014, 17:32

Fiscal deficit, the gap between government's expenditure and revenue, stood at 4.5 percent in FY14, lower than 4.9 percent in FY13.

Central Excise slaps Rs 4.6-crore tax notice on Indian Oil

Last Updated: Tuesday, May 13, 2014, 13:02

Central Excise slapped Rs 4.6-crore tax notice on Indian Oil for not paying service tax under the head of a 'goods transport agency'.

Berlusconi begins community service for tax fraud

Last Updated: Friday, May 09, 2014, 13:43

Italy`s three-time former prime minister Silvio Berlusconi on Friday arrived at a hospice for Alzheimer`s patients near Milan to begin his year of community service following a conviction for tax fraud.

About Rs 8,000 cr service tax evasion detected during 2013-14

Last Updated: Sunday, April 06, 2014, 11:38

The service tax detection amount of about Rs 8,000 crore does not include cases registered at various service tax and excise commissionerates and other allied offices across the country, the officials said.