Budget2014
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Govt announces Rs 1,500 cr for irrigation, checking prices
Jul 10, 2014, 02:45 PM ISTNew Delhi: Faced with a drought-like situation and high food prices, the government today announced a Rs 1,000 crore scheme to boost irrigation and also set up Rs 500 crore price stabilisation fund to rein
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Budget 2014: Defence Ministry gets Rs 2.29 lakh crore
Jul 10, 2014, 02:35 PM ISTNew Delhi: As part of military modernization drive, Government today allocated Rs 2.29 lakh crore for the Defence Ministry in the Budget, marking an increase of around 12.5 per cent from the last fiscal as
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Budget 2014: Tax exemption limit raised to Rs 2.5 lakh
Jul 10, 2014, 05:20 PM ISTNew Delhi: Salaried class has got something to cheer with Finance Minister Arun Jaitley today raising tax exemption limit to Rs 2.5 lakh from Rs 2 lakh, providing a relief of Rs 5,000.“I propose not
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Budget 2014: Tax holiday for power projects extended by another year
Jul 10, 2014, 01:51 PM ISTNew Delhi: The government has extended by another year the 10-year tax holiday for the power sector, Finance Minister Arun Jaitley announced Thursday,With this, the eligible date for projects in the power sector to avail
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15,000 km more of gas pipelines to come up
Jul 10, 2014, 01:48 PM ISTNew Delhi: The government will set up 15,000 km of additional gas transport infrastructure and further exploit coal bed methane gas reserves, Finance Minister Arun Jaitley said Thursday.India has an existing gas pipeline network of
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Budget 2014: Rs.1,000 crore proposed for railways in northeast
Jul 10, 2014, 01:36 PM ISTNew Delhi: To encourage rail travel, Finance Minister Arun Jaitley Thursday proposed an outlay of Rs.1,000 crore to build railway infrastructure in the northeastern region.The minister told the Lok Sabha while presenting the national budget
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Budget 2014: Highlights of Finance Minister Arun Jaitley's Budget Speech
Jul 10, 2014, 02:36 PM ISTNew Delhi: Finance Minister Arun Jaitley presented the Narendra Modi government's first budget. Here are the highlights:* Excise duty on cigarettes raised from 11 percent to 72 percent* Thirteen more airports to get 24x7 customs
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Budget 2014: Jaitley's budget gives tax relief, promises higher growth
Jul 10, 2014, 02:37 PM ISTNew Delhi: Proposing to hike the tax exemption limit by Rs.50,000 for all individuals, Finance Minister Arun Jaitley Thursday presented the national budget for this fiscal with concerns over economic slowdown while promising bold corrective
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Budget 2014: Price Stabilization Fund for farmers
Jul 10, 2014, 12:53 PM ISTNew Delhi: The government will set up a Price Stabilization Fund of Rs.500 crore to help farmers, Finance Minister Arun Jaitley announced Thursday while presenting the 2014-15 budget.The fund, he said, was "to mitigate the
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Budget 2014: Sensex slips 280 points
Jul 10, 2014, 12:37 PM ISTMumbai: A benchmark index of Indian equities markets Thursday tanked 280 points or 1.10 percent as the new government began presenting its maiden budget, wiping off the early gains.The 30-scrip Sensitive Index (Sensex) of the
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Budget 2014: Four new AIIMS to be established
Jul 10, 2014, 12:29 PM ISTNew Delhi: The government will set up four new All India Institutes of Medical Sciences (AIIMS) in the country, Finance Minister Arun Jaitley said Thursday."We propose to set up four more AIIMS and Rs.500 crore
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Budget 2014: Hope to implement GST this year, says Arun Jaitley
Jul 10, 2014, 12:24 PM ISTNew Delhi: The government will work to introduce the much awaited Goods and Service Tax (GST) this year, Finance Minister Arun Jaitley said, presenting the budget for 2014-15 fiscal.The GST aims to replace a series
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Budget 2014: Five more IIMs, IITs to come up, says Arun Jaitley
Jul 10, 2014, 12:15 PM ISTNew Delhi: Finance Minister Arun Jaitley Thursday said that five new IITs and IIMs will be set up across the country."...I also intend to set up five more IITs (Indian Institutes of Technology) in Jammu,
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Budget to be non-event as FM Arun Jaitley has limited choice: Credit Suisse
Jul 08, 2014, 05:03 PM ISTNew Delhi: Tempering the rising expectations from the forthcoming budget, foreign brokerage Credit Suisse today said the options before Finance Minister Arun Jaitley are limited and July 10 will be a "non-event"."This budget shouldn't matter...There
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Budget to focus on putting economy back on track: Shahnawaz
National | Jul 07, 2014, 12:56 PM ISTKolkata: The upcoming Union budget would focus on efforts to put the faltering economy back on track, senior BJP leader Shahnawaz Hussain today said, accusing the previous UPA regime of derailing it.Hussain said the new
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Union budget, IIP data, Infosys earnings to drive stock markets: Experts
Jul 06, 2014, 05:02 PM ISTNew Delhi: In an eventful week ahead, stock markets would take cues from a host of important triggers, including the Union Budget for 2014-15, industrial production data and quarterly earnings from Infosys, according to experts.The
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Budget 2014: Indices climb to a new peak on hopes of reforms
Jul 05, 2014, 06:19 PM ISTMumbai: Both the key indices, S&P benchmark Sensex and CNX Nifty, climbed to a new peak during the week on fresh buying from operators and investors on hopes of strong economic reforms in the first
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Budget 2014: April-May fiscal deficit is Rs 2.4 lakh crore
Jun 30, 2014, 08:29 PM ISTNew Delhi: India's fiscal deficit in the first two months of the 2014/15 financial year stood at Rs 2.4 lakh crore, or 45.6 percent of Budget Estimates for the whole financial year.The fiscal deficit pegged
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Budget 2014 to focus only on growth revival, says Financial Services Secretary G S Sandhu
Jun 28, 2014, 05:58 PM ISTMumbai: Reviving the economy to a high growth path is the “single theme” driving the Budget preparations, a top North Block official said today.The Narendra Modi government will present its first Budget on July 10.“The
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Budget 2014: Cisco chief John Chambers meets Ravi Shankar Prasad; talks on transparent taxes
Jun 28, 2014, 01:37 PM ISTNew Delhi: Cisco Chairman John Chambers held a meeting with Communications and IT Minister Ravi Shankar Prasad yesterday and discussed a range of issues including a transparent tax regime and leveraging Internet for the promotion