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Budget proposal News

29 Aug 2017

Financial year unlikely to get shifted to January-December

India currently follows the traditional April-March financial year.

27 Oct 2016

Union Cabinet may consider advancing Budget to February 1 today

The Union Cabinet is likely to take a decision on Thursday on Finance Ministry's proposal of advancing the date for Budget presentation to February 1.

Jewellers strike

22 Mar 2016

Jewellers' strike against 1% excise duty enters 21st day

The strike by a large number of jewellers and bullion traders continued for the 21st day today to protest against the Budget proposal to impose 1 per cent excise duty on non-silver jewellery, despite the government constituting a panel to look into their demand.

10 Mar 2016

Bullion strike spills onto Day 9 as jewellers press demand

Jewellers across the country have been in protest mode since March 2 against the proposed levy on non-silver jewellery items announced in the Budget 2016-17 and mandatory quoting of PAN by customers for transactions of Rs 2 lakh and above.

08 Mar 2016

Big victory for salaried class! Controversial Budget proposal to tax EPF withdrawal rolled back

Jaitley also announced withdrawal of imposing monetary limit for contribution of employers to provident and superannuation fund of Rs 1.5 lakh for taking tax benefit.

08 Mar 2016

Big win for salaried class! FM Jaitley rolls back Budget proposal to tax EPF withdrawal

In what will bring cheers to millions of salaried class individuals in the country, Finance Minister Arun Jaitley on Tuesday rolled back the controversial budget proposal to tax EPF withdrawals.

09 Feb 2016

Obama proposes $4.1 trillion spending plan in final budget

US President Barack Obama on Tuesday laid out his final budget proposal, seeking $4.1 trillion of spending plan for the fiscal year 2017.

04 Mar 2015

PSBs should look at alternatives beyond govt infusion: RBI

Welcoming the government's move to selectively allocate capital to lenders, Reserve Bank deputy governor R Gandhi on Tuesday said PSBs will have to look at alternatives beyond the Centre's support for raising money going forward.

Debt mutual funds

23 Jul 2014

Finance Ministry examining Budget proposal to double tax on debt MFs

The Finance Ministry is examining to tweak the Budget proposal for hiking capital gains tax to 20 percent for debt mutual funds following representation from the industry, Economic Affairs Secretary Arvind Mayaram said on Wednesday.

30 Jun 2014

Nasscom for special measures in budget on startups, others

In its pre-budget proposal, IT-BPO industry body Nasscom has pitched for special measures to foster the eco-system for entrepreneurs, startups and innovation.

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