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Union Budget 2015-16

Gold bond scheme: Government realises record Rs 919 crore in 4th tranche

Government has realised Rs 919 crore through the fourth tranche of its Sovereign Gold Bond scheme -- the highest so far.

Jul 30, 2016, 22:04 PM IST

New GDP numbers "too good to be realistic": CEOs' survey

Cautioning against being "too optimistic" about economy as yet, industry body Assocham today said a large majority of CEOs and CFOs find the revised GDP data of over 7 per cent growth as "too good to be realistic".

Mar 08, 2015, 12:11 PM IST

Foreign inflows into Indian markets: Over Rs 1,000 cr a day

With an average of over Rs 1,000 crore a day, the net foreign fund inflows into Indian capital markets have crossed USD 11 billion (over Rs 68,000 crore) in little over two months so far in 2015.

Mar 08, 2015, 12:08 PM IST

Enough funds given to Andhra Pradesh: Venkaiah Naidu

Parliamentary Affairs Minister M Venkaiah Naidu on Sunday disagreed with Andhra Pradesh Chief Minister N. Chandrababu Naidu`s view that Union Budget 2015-16 failed to fulfill the promises made to the state at the time of its bifurcation.

Mar 01, 2015, 21:25 PM IST

Budget 2015: BJP hails budget, opposition calls it pro-rich

The NDA government Saturday hailed the Union Budget 2015-16 with Prime Minister Narendra Modi calling it "progressive and practical" while the opposition slammed it for being "pro-rich".

Mar 01, 2015, 00:51 AM IST

Highlights of Union Budget 2015-16

Finance Minister Arun Jaitley on Saturday proposed no changes in personal income-tax rates for 2015-16 but extended benefits to middle-class by increasing the limit of deduction on health insurance

Feb 28, 2015, 21:02 PM IST

Auto sector welcome EV boost, unhappy with excise rate

"We were looking forward to a stronger emphasis on the automobile industry from Budget 2015 but there doesn't seem to be much momentum on that front," Nissan India Operations President Guillaume Sicard told PTI.

Feb 28, 2015, 19:22 PM IST

Bullion firms welcome gold scheme, unhappy over duty status quo

The industry players, however, expressed disappointment over no reduction in customs duty on the metal.

Feb 28, 2015, 19:19 PM IST

Govt cuts funds for Water Ministry, 'Clean Ganga' gains most

The Water Resources Ministry has witnessed a substantial slash in its fund allocations in the Union Budget 2015-16 though Prime Minister Narendra Modi's pet project for cleaning river Ganga was accorded a good hike.

Feb 28, 2015, 18:00 PM IST

Government raises farm credit target to Rs 8.5 lakh cr for 2015-16

The government has clubbed 10 major schemes, including National Food Security Mission, under the umbrella scheme "Krishionnati Yojana" to be implemented by states with central assistance of Rs 9,000 crore during the 2015-16 fiscal.

Feb 28, 2015, 17:24 PM IST

Volatile Sensex logs 1st Budget day gain in 4 years, up 141 points

Shares of Banking, Healthcare and Auto sectors shot up on good buying while FMCG, Consumer Durable and Power counters fell on selling pressure. Scrips of cigarette makers, led by ITC, declined on a proposal to hike excise duty on cigarettes.

Feb 28, 2015, 17:18 PM IST

Budget 2015: GAAR deferred for 2 years

The Finance Minister Arun Jaitley presenting the Budget in Lok Sabha today proposed to defer the applicability of the General Anti Avoidance Rule (GAAR) by two years.

Feb 28, 2015, 16:45 PM IST

Investment in infrastructure to go up by Rs 70,000 cr, separate Fund to be set up

Finance Minister Arun Jaitley has proposed an increase in investment in infrastructure by Rs 70,000 crore in the year 2015-16 over the year 2014-15 from the Centre’s funds and resources of CPSEs.

Feb 28, 2015, 16:45 PM IST

Forward Markets Commission to be merged with SEBI

Union Finance Minister Arun Jaitley on Saturday proposed to merge the Forward Markets Commission with SEBI to strengthen regulation of commodity forward markets and reduce wild speculation.

Feb 28, 2015, 16:41 PM IST

Healthcare sector upbeat as Budget gives a booster dose

The healthcare industry has welcomed Budget proposals to increase tax exemption limits for health insurance cover and set up more AIIMS across India, saying such moves enable people's access to better facilities.

Feb 28, 2015, 16:33 PM IST

Budget 2015: Service Tax, Indirect Taxes to mop more money

The Finance Minister Arun Jaitley on Saturday announced a series of steps to broaden the tax base to garner more receipts.

Feb 28, 2015, 15:47 PM IST

Budget 2015: Employees Provident Fund to have two options

The Union Finance Minister Arun Jaitley on Saturday announced in his Budget speech that with respect to Employees Provident Fund (EPF), the employee needs to be provided two options.

Feb 28, 2015, 15:33 PM IST

Budget 2015: How you can save tax upto Rs 4.44 lakhs using health insurance, pension fund

Arun Jaitley today proposed rationalization of various tax exemptions and incentives to reduce tax disputes and improve tax administration.

Feb 28, 2015, 15:22 PM IST

Govt to merge commodity market regulator FMC with Sebi

India will have a unified regulator for commodities and capital markets, with Finance Minister Arun Jaitley on Saturday announcing that Forward Markets Commission will be merged with Sebi.

Feb 28, 2015, 15:17 PM IST

Budget 2015: MGNREGA gets high allocation, focus on effectiveness

Arun Jaitely while presenting the Union Budget 2015-16, here today, said that government is committed to supporting employment through MGNREGA and ensure that no one who is poor is left without employment.

Feb 28, 2015, 15:14 PM IST