The government is not considering any roll back in the EPF taxation: Reports

Mar 01, 2016, at 10:02 pm

New Delhi, Mar 1 (IBNS) The finance ministry is not considering any roll back in the proposed taxation of Employee Provident Fund (EPF) withdrawal and there is lot of misinformation about the issue, according to government sources reported a television channel.

Shriram Transport Finance lauds Jaitley's Union Budget

Mar 01, 2016, at 03:24 am

New Delhi, Feb 29 (IBNS): Umesh Revankar, MD, Shriram Transport Finance Company Ltd, on Monday said appreciated the Union Budget that was presented by Union Finance Minister Arun Jaitley.

Becton, Dickinson & Co says Union Budget exudes optimism

Mar 01, 2016, at 03:21 am

New Delhi, Feb 29 (IBNS): Varun Khanna, Managing Director- BD (Becton, Dickinson & Co) India, a medical technology company, on Monday said Arun Jaitley's Union Budget exudes optimism and provides some encouraging measures to help India towards rural development, infrastructure, tax reforms, and structural transformation.

ITC Chairman lauds Jaitley's union budget

Mar 01, 2016, at 03:12 am

New Delhi, Feb 29 (IBNS): Y C Deveshwar, Chairman ITC, on Monday complimented Union Finance Minister Arun Jaitley for presenting a Budget that addresses several issues of structural transformation amidst a very challenging global scenario.

Budget 2016-17 seems promising for India's youth: NSDC

Mar 01, 2016, at 03:01 am

New Delhi, Feb 29 (IBNS): S Ramadorai, Chairman, National Skill Development Agency (NSDA) and National Skill Development Corporation (NSDC) on Monday said Arun Jaitley's Budget 2016-17 seems promising for India's youth.

Mahindra Lifespaces hails Union Budget for focussing on Affordable Housing segment

Mar 01, 2016, at 03:00 am

New Delhi, Feb 29 (IBNS): Sriram Mahadevan, Business Head-Happinest, Mahindra Lifespaces said it is heartening to note how the government has taken cognizance of the importance of the Affordable Housing segment towards making ‘Housing For All by 2022’ a possibility in the Union Budget 2016-17.

Sanghi Industries appreciates Union Budget 2016-17

Mar 01, 2016, at 02:47 am

New Delhi, Feb 29 (IBNS): Alok Sanghi, Director, Sanghi Industries Ltd, on Monday appreciated the Union Budget 2016-17.

Pawan Goenka of M&M Ltd welcomes union budget

Mar 01, 2016, at 02:46 am

New Delhi, Feb 29 (IBNS): Pawan Goenka, Executive Director, M&M Ltd, welcomes the Arun Jaitley's union budget for it's strong emphasis on agriculture, rural economy, infrastructure and social sector.

AskmeBazaar.com calls Union Budget a business friendly one

Mar 01, 2016, at 02:45 am

New Delhi, Feb 29 (IBNS): AskmeBazaar.com, an online shopping portal which connects sellers from across the country to prospective consumers, calls Union Budget 2016-17 "a business friendly one."

BCC&I gives Jaitley 6/10 for Union Budget 2016-17

Mar 01, 2016, at 02:25 am

Kolkata, New Delhi, Feb 29 (IBNS): The Bengal Chamber gave Union Finance Minister Arun Jaitley a 6/10 for presenting a pro agriculture and socially tempered budget, with robust outlays for infrastructure, agriculture, rural and socio-economic schemes.

Renault calls union budget a constructive one

Mar 01, 2016, at 02:21 am

New Delhi, Feb 29 (IBNS): Sumit Sawhney, Country CEO & Managing Director, Renault India Operations on Monday said the Union government has succeeded in ensuring that the Indian economy has held its own despite the prevailing uncertain environment and global headwinds.

Murugappa Group praises Union Budget's impetus to agriculture sector

Mar 01, 2016, at 01:29 am

New Delhi, Feb 29 (IBNS): A Vellayan, Executive Chairman, Murugappa Group on Monday praised Union Finance Minister Arun Jaitley's attempt to present a Union Budget that will give impetus to the agriculture sector, while maintaining fiscal discipline.

CREDAI Bengal welcomes Union Budget

Mar 01, 2016, at 01:17 am

Kolkata/New Delhi, Feb 29 (IBNS): Sushil Mohta, President of CREDAI Bengal, on Monday welcomed the Union Budget presented by Union Finance Minister Arun Jaitley.

Nissan welcomes Union Budget's focus on maintaining fiscal deficit

Mar 01, 2016, at 01:06 am

New Delhi, Feb 29 (IBNS): Guillaume Sicard, President, Nissan India Operations on Monday welcomed Arun Jaitley's Union Budget for it's focus on maintaining fiscal deficit, agriculture, infrastructure development and recapitalizing of PSU banks.

Blueair hails Union Budget's initiatives to control air pollution

Mar 01, 2016, at 12:45 am

New Delhi, Feb 29 (IBNS): Bengt Rittri, Founder and CEO of Blueair, on Monday hailed the Union Budget for the initiatives taken by Union Finance Minister Arun Jaitley to control the air pollution levels in the country

Siemens welcomes Union Budget's focus on skill development

Mar 01, 2016, at 12:39 am

New Delhi, Feb 29 (IBNS): Sunil Mathur, MD & CEO, Siemens Ltd welcomed the Union Budget's focus on rural, social and skill development, which was presented by Union Finance Minister Arun Jaitley on Monday.

The 2016 Budget is commendable: VentureNursery

Feb 29, 2016, at 11:16 pm

New Delhi, Feb 29 (IBNS): Ravi Kiran, angel investor and Co-Founder, VentureNursery, on Monday called the Union Budget presented by Finance Minister Arun Jaitley as 'commendable'.

Jain group welcomes Union Budget

Feb 29, 2016, at 10:32 pm

New Delhi, Feb 29 (IBNS) Welcoming the Union Budget, Rishi Jain – Executive Director, Jain Group on Monday said the government is focusing on basics and the lower and middle income group with obvious intention of boosting real estate purchase for these category of consumers.

Union Budget 2016: Measures proposed for affordable housing

Feb 29, 2016, at 10:19 pm

New Delhi, Feb 29 (IBNS) Union Finance Minister Arun Jaitley, while presenting the Union Budget 2016 on Monday, proposed 100% deduction for profits to an undertaking from a housing project for flats up to 30 sq. metres in four metro cities and 60 sq. metres in other cities, approved during June 2016 to March 2019, and is completed within three years of the approval.

This budget deals with the reality of India: Jaitley

Feb 29, 2016, at 10:08 pm

New Delhi, Feb 29 (IBNS) Union Finance Minister Arun Jaitley on Monday said the Union Budget, which he presented in the Parliament, deals with the reality of India.

Rail Budget: Transformation of Indian Railways through Avataran - seven Mission mode activities

Feb 25, 2016, at 08:15 pm

New Delhi, Feb 25 (IBNS) Railways Minister Suresh Prabhakar Prabhu while presenting the Railway Budget 2016-17 in the Parliament on Thursday has proposed to transform Indian Railways through seven Mission activities – Avataran.

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.

FM Arun Jaitley to present his budget today

Feb 28, 2015, at 02:28 pm

New Delhi, Feb 28 (IBNS) Union Finance Minister Arun Jaitley is all set to present the Budget on Saturday.

No big bang budget ahead: Jaitley to NDTV

Jan 05, 2015, at 09:59 pm

New Delhi, Jan 5 (IBNS) Union Finance Minister Arun Jaitley on Monday said in a TV interview not to expect a big bang Union Budget.