Arun Jaitley presents pro-poor, pro-rural Budget for 2016-17
Feb 29, 2016, at 10:23 pm
New Delhi, Feb 29 (IBNS) Union Finance Minister Arun Jaitley on Monday presented the Union Budget 2016 focusing on rural development and farm and social sector along with infrastructure with analysts terming it a pro-poor, pro-agriculture move that throws a challenge to the government to implement in reality.
Zoctr Healthcare welcomes Union Budget
Feb 29, 2016, at 09:18 pm
New Delhi, Feb 29 (IBNS) Zoctr Healthcare CEO Nidhi Saxena said the Union Finance Minister Arun Jaitley's proposals to deepen access to healthcare in underserved areas is commendable in the Union Budget is 'commendable'.
Union Budget 2016: Government aims to double farmers' income by 2022
Feb 29, 2016, at 08:50 pm
New Delhi, Feb 29 (IBNS) Union Finance Minister Arun Jaitley, while presenting the Union Budget 2016 on Monday, said the central Government intends to go beyond food security and give back a sense of income security to Indian farmers.
Union Budget 2016: Corpus of Rs 900 crores for Price Stabilisation Fund
Feb 29, 2016, at 08:46 pm
New Delhi, Feb 29 (IBNS) Union Finance Minister Arun Jaitley, while presenting the Union Budget 2016 on Monday, said that monitoring of prices of essential commodities is a key element of good governance.
Union Budget 2016: Proposed benefits for pensioners
Feb 29, 2016, at 08:30 pm
New Delhi, Feb 29 (IBNS) Union Finance Minister Arun Jaitley, while presenting the Union Budget 2016 on Monday, proposed several schemes for pensioners, including withdrawal up to 40% of the corpus at the time of retirement tax exempt in the case of National Pension Scheme(NPS).
Union Budget 2016: Announcement of relief for small tax payers and others
Feb 29, 2016, at 08:22 pm
New Delhi, Feb 29 (IBNS) Union Finance Minister Arun Jaitley on Monday presented the Union Budget 2016 where he said he would like to give relief to small tax payers and proposed to raise the ceiling of tax rebate under Section 87A of IT Act to Rs 5,000 from Rs 2,000 for individuals with income less than Rs 5 lakhs.
Union Budget 2016: Incentives for start-ups as they can generate employment
Feb 29, 2016, at 07:49 pm
New Delhi, Feb 29 (IBNS) Union Finance Minister Arun Jaitley while presenting the Union Budget 2016 on Monday said that start-ups generate employment, bring innovation and are expected to be key partners in the Make in India programme.
Union Budget 2016: Building road and rail infrastructure a key focus area
Feb 29, 2016, at 07:34 pm
New Delhi, Feb 29 (IBNS) Union Finance Minister Arun Jaitley on Monday presented the Union Budget 2016 where a total outlay of Rs. 2,18,000 crore has been proposed as capital expenditure for roads and railways in 2016-17.
Feb 29, 2016, at 07:32 pm
New Delhi, Feb 29 (IBNS) Union Finance Minister Arun Jaitley on Monday presented the Union Budget 2016 and said that Oil & Gas discovery and exploration of Gas in difficult areas will be incentivised by giving them calibrated marketing freedom.
Union Budget 2016: Proposal for compliance window to declare undisclosed income
Feb 29, 2016, at 06:55 pm
New Delhi, Feb 29 (IBNS) Union Finance Minister Arun Jaitley on Monday presenting the Union Budget 2016 proposed a scheme to declare undisclosed income by paying 45% tax in a given compliance window.
Arun Jaitley presents "pro-poor" Union Budget focusing on farm, villages and roads
Feb 29, 2016, at 06:45 pm
New Delhi, Feb 29 (IBNS): Union Finance Minister Arun Jaitley on Monday presented the Union Budget 2016 focusing on rural development and farm and social sector while offering some relief to tax payers as analysts see it as a pro-poor budget with big ideas which is a challenge for the government to implement.
Stock markets plummet post Budget 2016 presentation
Feb 29, 2016, at 06:33 pm
Mumbai, Feb 29 (IBNS) The Indian benchmark indices, which opened in the green on Monday, have plummeted after the Budget 2016 was tabled by the Union Finance Minister Arun Jaitley.
Budget Highlights: Jaitley on banking policies
Feb 29, 2016, at 06:22 pm
New Delhi, Feb 29 (IBNS) Union Finance Minister Arun Jaitley on Monday presenting the Union Budget 2016 said the government stands firmly behind public sector banks
Budget Highlights: Introduction of National Dialysis Programme
Feb 29, 2016, at 05:43 pm
New Delhi, Feb 29 (IBNS) Union Finance Minister Arun Jaitley on Monday presenting the Union Budget 2016 introduced the National Dialysis Programme.
Budget Highlights: Jaitley focuses on rural digital literacy
Feb 29, 2016, at 05:42 pm
New Delhi, Feb 29 (IBNS) Union Finance Minister Arun Jaitley on Monday presenting the Union Budget 2016 said rural sector will be brought under digital literacy in big way.
India's GDP growth slows to 7%
Sep 01, 2015, at 01:35 am
New Delhi, Aug 31 (IBNS): India's gross domestic product (GDP) grew 7% during April-June quarter, government data released on Monday said.
Sensex crashes more than 1600 points for biggest single day fall
Aug 24, 2015, at 10:06 pm
Mumbai, Aug 24 (IBNS) In the biggest single day fall ever in history of Indian market, Sensex on Monday plummeted 1,624.51 points or 5.94 percent to 25741.56 when stocks closed.
Wholesale inflation touches historic low of (-)4.05 pct
Aug 14, 2015, at 08:14 pm
New Delhi, Aug 14 (IBNS): India's Wholesale Price Index dropped to a significant low of (-)4.05 per cent for the month of July, government data released on Friday showed.
Surcharge on the super-rich to bring in Rs. 9,000 crore
Feb 28, 2015, at 11:04 pm
New Delhi, Feb 28(IBNS) Union Finance Minister Arun Jaitley has introduced a 2 per cent surcharge on income of the super-rich to earn revenues nine times more than he loses by abolishing the wealth tax.
Feb 28, 2015, at 10:44 pm
New Delhi, Feb 28(IBNS) Finance Minister Arun Jaitley on Saturday allocated a record Rs 34,699 crore for the Mahatma Gandhi National Rural Employment Guarantee Scheme,a day after Prime Minister Narendra Modi had criticised the previous UPA government for its "failure" with MNREGA.
Defence budget rises by 7.7 per cent
Feb 28, 2015, at 09:56 pm
New Delhi, Feb 28(IBNS) Defence Budget has been increased by only 7.74 per cent giving forces Rs 2,46,727 crore in r 2015-16 compared to Rs 2,29,000 crore in the last fiscal.
Feb 28, 2015, at 09:42 pm
New Delhi, Feb 28(IBNS) The Government proposes to set-up five new Ultra Mega Power Projects, each of 4000 MWs in the plug-and-play mode.
Contribution to EPF to made optional:Jaitley
Feb 28, 2015, at 09:37 pm
New Delhi, Feb 28(IBNS) Union Finance Minister Arun Jaitley on Saturday said the government is considering a proposal to make optional contribution to employee provident fund (EPF).
Infra investment goes up by Rs.70,000 Crore
Feb 28, 2015, at 09:36 pm
New Delhi, Feb 28(IBNS) Union Finance Minister Arun Jaitley has proposed an increase in investment in infrastructure by Rs. 70,000 crore in 2015-16 over the year 2014-15 from the Centre’s funds and resources of CPSEs.
Self Employment and Talent Utilisation (SETU) to be Established
Feb 28, 2015, at 08:56 pm
New Delhi, Feb 28(IBNS) The Government on Saturday announced setting up of a Self- Employment and Talent Utilisation (SETU) mechanism.
Corporate Tax to be Reduced and GST to be Implemented
Feb 28, 2015, at 07:55 pm
New Delhi, Feb 28(IBNS) Finance Minister has proposed reduction of corporate tax to 25 per cent from the current rate of 30 per cent to help boost higher growth, investment and job creation.
Jaitley speaks of universal social security system
Feb 28, 2015, at 07:38 pm
New Delhi, Feb 25(IBNS) Encouraged by the success of the Pradhan Mantri Jan Dhan Yojana, Union Finance Minister Arun Jaitley has proposed to work towards creating a universal social security system for all Indians, specially the poor and the under-privileged.
Modi calls the Union Budget positive and pragmatic
Feb 28, 2015, at 07:28 pm
New Delhi, Feb 28 (IBNS) Prime Minister Narendra Modi on Saturday called the Union Budget 2015-16 as one with a positive and pragmatic outlook that would transform the lives of poor.
Budget has adequate provisions for the poor : Jaitley
Feb 28, 2015, at 07:08 pm
New Delhi, Feb 28(IBNS) Finance Ministeri Arun Jaitley has said adequate provision has been made for the schemes for the poor and disadvantaged in the Budget of 2015-16.
Jaitley announces strict new law to curb black money
Feb 28, 2015, at 07:02 pm
New Delhi, Feb 28 (IBNS) Union Finance Minister Arun Jaitley Saturday said that a Bill to enact a new law to deal with black money is to be introduced in the current session of the Parliament.