Separate infra for agriculture consumers for 24x7 power supply

Aiming to replicate Gujarat's model of 24x7 power supply by segregating infrastructure for agriculture and non-agriculture consumers, the government Thursday announced Rs 500 crore support for the proposed scheme.

Govt proposes over Rs 2,000 cr for Ganga Conservation Mission

An integrated programme for the conservation of river Ganga with an outlay of Rs 2,037 crores has been proposed by Finance Minister Arun Jaitley in his maiden Budget Thursday.

Govt to establish National Adaptation Fund for climate change

Union Finance Minister Arun Jaitley on Thursday announced to establish a `National Adaptation Fund` for climate change.

Arun Jaitley announces to introduce e-Visa at nine airports

Finance Minister Arun Jaitley on Thursday announced that the facility of Electronic Travel Authorisation (e-Visa) shall be introduced in a phased manner at nine airports in India.

Modi govt earmarks funds for power, water reforms in Delhi

The government of Prime Minister Narendra Modi on Thursday unveiled its vision of transforming the national capital Delhi into a world-class city.

List of things to get costlier from today

You will wake up to see an expensive Monday, as all the announcements made in the Union Budget 2013-14 by Finance Minister P Chidambaram will come into effect.

Gold sale in Gulf to rise on limit revision for NRIs: Report

As part of the Budget proposal last week, it was announced that male passengers can carry gold worth Rs 50,000, and female passengers Rs 1 lakh compared to the earlier limit of Rs 10,000 and Rs 20,000, respectively.

Budget 2013: Chat online with Chidambaram on Google+

This is for the first time that any Union Cabinet Minister is using this medium to interact with the citizens and to respond to their questions about the Union Budget.

Budget sparks confusion over treatment of some foreign funds

A day after worries over some budget proposals, notably on tax on capital gains made from investments routed through Mauritius and similar tax havens, doubts still remained, causing nervousness in the markets.

Budget 2013: SUVs, imported vehicles to cost more

Imported luxury cars will be costlier by up to Rs 15 lakh or even more, while prices of sports utility vehicles will also go up, with the Finance Minister P Chidambaram on Thursday proposing a hike in excise and customs duties on these products.

Naveen says Union Budget not to ensure food security

Terming Budget as "disappointing", Odisha CM Naveen Patnaik alleged there is no significant policy intervention to revive growth in the economy.

Work on DTC in progress, Bill in Budget session: FM

Finance Minister P Chidambaram Thursday said work on the Direct Tax Code (DTC) Bill, which seeks to overhaul income tax laws, is in progress and the amended Bill will be introduced in the ongoing Budget session.

Plan expenditure estimates for FY14 up 6.58% at Rs 5,55,322 cr

However, the jump in the Plan expenditure for 2013-14 is 29.4 percent when compared with the revised estimates of the same for current fiscal at Rs 4,29,187 crore.

Union Budget: India Inc gives thumbs up

India Inc Thursday gave a thumbs up to the UPA-II's last Union Budget before the general elections next year and said Finance Minister P Chidambaram presented a "bold" and "growth-oriented" Budget.

Chidambaram invokes poets, scholars in Budget speech

Unlike the Rail Budget two days ago, Chidambaram's speech in the Lok Sabha was heard with rapt attention and there were only a couple of minor disruptions.

Duty-free import limit of jewellery via passn baggage raised

To prevent harassment to passengers , the government Thursday proposed increasing the limit of duty-free import of jewellery via passenger baggage to Rs 50,000 for males and Rs 1,00,000 for females.

Budget 2013 impact: Clarity on tax issues related to R&D centres in IT soon

The government will soon issue a circular to provide clarity on taxation matters with regard to research and development activities in the IT sector.

Budget 2013-14: Big push to infra with Rs 50k cr tax-free bonds, two new ports

Infrastructure got a major thrust in Budget 2013-14 with Finance Minister P Chidambaram Thursday announcing a slew of measures to boost sector's growth, like raising Rs 50,000 crore through tax-free bonds, setting up of major ports and a road regulator.

Tourism gets Rs 88 cr more than last budget

Tourism sector got a fillip in the Union Budget with the allocation to the tourism ministry hiked by Rs 87.66 crore.

Budget 2013: Token increase for CVC, Lokpal

The government Thursday provided a nominal increase of Rs 26 lakh in the Budget estimates of about Rs 20 crore for Central Vigilance Commission (CVC) to meet its establishment-related expenditure and made a token provision for proposed anti-graft watchdog, Lokpal.