Budget 2015
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Budget 2015: Education is priority of priorities for government, says President
National | Feb 23, 2015, 01:02 PM ISTNew Delhi: President Pranab Mukherjee Monday said education was the "priority of priorities" for the government.In his address to the joint session of both houses of parliament, he said: "Education is the priority of priorities
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Budget 2015: Arun Jaitley may offer tax breaks for individuals
Feb 22, 2015, 02:29 PM ISTNew Delhi: Eager to win over middle class after the Delhi poll debacle, Finance Minister Arun Jaitley on February 28 is expected to present a common man friendly Budget by either raising tax slabs or
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Less than 100 trains likely to get green signal in Rail Budget
Feb 22, 2015, 09:47 AM ISTNew Delhi: With Railways reeling under a financial crunch, the number of new trains to be announced in the Rail Budget is unlikely to be more than 100, much less than what is the normal
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Government braces up for tough Budget session, 44 items on agenda
Feb 22, 2015, 09:25 AM ISTNew Delhi: The government is bracing up for Budget session beginning on Monday where it will face a tough challenge to get bills replacing six ordinances passed. The government's agenda includes 44 items of financial,
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Budget 2015: Former RBI Governor endorses higher deficit to boost growth
Feb 21, 2015, 02:01 PM ISTNew Delhi: Bimal Jalan, former RBI Governor advised PM Narendra Modi not to shy away from loosening the deficit target to ramp up public investment.The former RBI Governor's expenditure management panel submitted an interim report
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Budget 2015: Narendra Modi govt hands funds directly to States
Feb 22, 2015, 10:56 AM ISTNew Delhi: Heading towards Budget 2015, the Narendra Modi government had decided to hand over more money to states without conditions, fulfilling their long-standing demand and in line with the recommendations of the 14th Finance
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Budget 2015: Govt to pass insurance bill, notifies 49% FDI in sector
Feb 21, 2015, 09:03 AM ISTNew Delhi: Ahead of the Budget session, the Narendra Modi government has notified rules to implement the decision to increase foreign direct investment (FDI) in the insurance sector.The government signaled its resolve to get the
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Budget session: PM Modi to attend all-party meet on Sunday
Feb 20, 2015, 02:50 PM ISTNew Delhi: Ahead of parliament's Budget session, Prime Minister Narendra Modi, senior ministers and leaders of opposition parties will attend an all-party meeting called by the Speaker on Sunday, to explore consensus on passing key
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Printing of Budget document begins with 'Halwa' ceremony
National | Feb 19, 2015, 09:59 PM ISTNew Delhi: The process of printing documents for the Budget 2015-16 began today with the ritual 'halwa ceremony', which was attended by Finance Minister Arun Jaitley in the North Block office.It has been a tradition
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MF industry seeks tax sops in budget
Feb 19, 2015, 03:26 PM ISTNew Delhi: The country's mutual fund industry is seeking tax sops from the forthcoming Union Budget."The industry has asked for separate concession over and above the Rs 1.5 lakh deduction under section 80C for ELSS
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Rail Budget 2015: No possibility of reduction in train fares, says Manoj Sinha
Feb 19, 2015, 02:37 PM ISTNew Delhi: Ahead of presentation of the Railway Budget in Parliament next week, government today ruled out the possibility of reducing train fares, saying they were "already low"."It (fare reduction) will not be done. Fares
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Fitch expects many reforms in budget
Feb 19, 2015, 12:08 PM ISTNew Delhi: Expecting a slew of reforms in the upcoming Union Budget, global rating agency Fitch has said any deviation from fiscal consolidation path could be a negative for its investment grade rating for India.Fitch
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Budget 2015: Incentives for manufacturing of mobile, laptops on anvil
Feb 18, 2015, 05:41 PM ISTNew Delhi: The government is planning to come up with an incentive package in the upcoming Budget to encourage manufacturing of electronic hardware including mobile phones and laptops as part of the 'Make in India'
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Government may push a fresh bill to amend Insurance Act
Feb 18, 2015, 03:03 PM ISTNew Delhi: The government is likely to push a fresh bill to amend the Insurance Act and replace a related ordinance after withdrawing the previous proposed legislation from Rajya Sabha.The much-debated proposal mooted by the
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Budget 2015: Government likely to delay I-T refunds till next year
Feb 18, 2015, 01:59 PM ISTNew Delhi: Income Tax refunds are expected to be delayed this year as the government is trying hard to meet its budgeted revenue targets. The money retained is expected to show a less weak government
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Budget 2015: 'One rank, one pension' may become a reality
India | Feb 18, 2015, 01:49 PM ISTNew Delhi: One of the long-standing demand of Armed forces, 'one rank, one pension' (OROP) is likely to be part of the Union budget 2015-16.The OROP could be implemented soon with the government defining 'military
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India to unveil more reforms in new budget this month: Sushma Swaraj
Feb 18, 2015, 01:31 PM ISTNew Delhi: The new Indian government will unveil more reforms in the coming days, including in the forthcoming budget this month to woo foreign investment and make India a manufacturing destination, External Affairs Minister Sushma
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Budget 2015: Interviews to be streamed live on social media
Feb 18, 2015, 07:24 AM ISTNew Delhi: With Prime Minister Narendra Modi's emphasis on utilising social media to reach out to people, the first interviews of the Finance Minister and Railway Minister, after they present their respective budgets, will be
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Coal auctions to ensure cheaper power: Arun Jaitley
National | Feb 17, 2015, 07:11 PM ISTNew Delhi: Finance Minister Arun Jaitley today said the ongoing auction of coal mines would help in ensuring cheaper electricity to the common man in a sustained manner as against the practice of states subsidising
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Another 50 bps of rate cut in first half of 2015 likely: Experts
Feb 17, 2015, 04:47 PM ISTNew Delhi: The ongoing slowdown in inflation momentum has given room for the Reserve Bank to adopt a more accommodative monetary policy and cut policy rates by 50 basis points in the first half of