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Mar 01, 2016, 01:38 PM
New Delhi: Seeking to dispel fears of the salaried class, the government today clarified the popular public provident fund (PPF) scheme will continue to stay out of the tax ambit and that tax will be
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Mar 01, 2016, 07:00 PM
New Delhi: In a surprising move, Finance Minister Arun Jaitley did not mention allocation to defence sector in his budget speech delivered in Lok Sabha on Monday. Skipping ‘defence' in budget speech is somewhat unprecedented and
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India | Feb 29, 2016, 09:29 PM
New Delhi: The government today announced allocation of Rs 11,300 crore for both rural and urban areas for Swachh Bharat Abhiyan, Centre's biggest drive to improve sanitation and cleanliness across the country.The Budget 2016-17 has earmarked
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Feb 29, 2016, 09:09 PM
New Delhi: The External Affairs Ministry was allocated Rs 14,662 crore in the Union Budget, a cut of Rs 378 crore compared to last year, even as the focus of the outlay remained on development
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Feb 29, 2016, 08:59 PM
New Delhi: In a bid to help speed up disposal of pending cases, the Law Ministry has been provided with Rs 900 crore in the Union Budget for 'administration of justice', including setting up of
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Feb 29, 2016, 08:34 PM
New Delhi: The fast expanding Delhi Metro has been allotted Rs 5,579 crore in the Union Budget, a jump of about 31 per cent over the previous year, which the authorities described as "adequate" for
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Feb 29, 2016, 06:58 PM
New Delhi: Cars, cigarettes, branded garments, air travel will become more expensive, while footwear, solar lamps and routers are slated to becheaper following a host of changes in the tax structure in the Budget for
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Feb 29, 2016, 06:34 PM
New Delhi: For every rupee in the government coffer, 21 paise will come from market borrowing in 2016-17, while 19 paise would be spent towards interest payment. According to the Budget 2016-17 documents presented inParliament today
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Feb 29, 2016, 05:50 PM
Mumbai: The Union Budget 2016 fell short of the crease for markets as the benchmark Sensex ran up heavy losses following a series of tax proposals but covered up much of the lost ground and
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Feb 29, 2016, 04:58 PM
New Delhi: National carrier Air India, which is expected to slash its net losses by around 40 per cent this fiscal, will receive Rs 1,713 crore government funding for the next fiscal.In the Union Budget
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Feb 29, 2016, 04:29 PM
Finance Minister Arun Jaitley present the Union budget for financial year 2016-17 in the Lok Sabha on Monday. Here is the full text of his speech in which listed out a series of measures to
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Feb 29, 2016, 03:55 PM
New Delhi: Country's premier probe agency CBI, which has been facing severe staff shortage, got a fillip with the allocation of about Rs 727.75 crore in the budget—nearly 32 per cent increase from Rs 550.08
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Feb 29, 2016, 02:36 PM
New Delhi: Finance Minister Arun Jaitley, while presenting the General Budget 2016-17 in Lok Sabha today, said that uniform application of Dividend Distribution Tax (DDT) to all investors distorts the fairness and progressive nature of
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Politics | Feb 29, 2016, 02:54 PM
New Delhi: While economists and pundits read through the details to bring out the fine print of what the impact of this year's budget will be, one major differentiator sets this edition of the budget
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Feb 29, 2016, 05:50 PM
New Delhi: Union Finance Minister Arun Jaitley today said that the growth of GDP has accelerated to 7.6% in the current Financial Year. This was possible notwithstanding the contraction of global exports by 4.4% compared
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Feb 29, 2016, 01:57 PM
New Delhi: Finance Minister Arun Jaitley today tabled the union Budget for the next fiscal. With an eye on supporting the small tax-payer and the small investor, the Minister announced a slew of schemes, and
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Feb 29, 2016, 01:57 PM
New Delhi: The Union Budget 2016-17 presented by the government today saw significant focus on the social sector, with a slew of measures announced for India's poor, including in the health and education sector.The government
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Feb 29, 2016, 02:11 PM
New Delhi: While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Arun Jaitley said that to promote private participation in infrastructure projects, Public Utility (Resolution of Disputes) Bill will be
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Feb 29, 2016, 02:27 PM
New Delhi: The Union Finance Minister, Arun Jaitley while presenting the General Budget today said that his Government intends to go beyond Food Security and give back a sense of income security to our farmers.
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Feb 29, 2016, 01:42 PM
New Delhi: The Union Budget for the Financial Year 2016-17 contains several new measures for the Social Sector. Highlighting these measures in his Budget Speech in the Parliament here today, the Minister for Finance and