ARUN JAITLEY

  • Watch: 'The Week That Wasn't' with Cyrus Broacha 12 minutes ago

    In this episode of 'The Week That Wasn't', Cyrus Broacha takes on World Cup 2015 and the Union Budget 2015 presented by Arun Jaitley. ...
  • Government targets to collect Rs 1 lakh crore in dividend next fiscal 3 hours 10 minutes ago

    New Delhi: The government aims to collect over Rs 1 lakh crore in dividend from public sector companies and banks in 2015-16, a 13 per cent increase over previous year. The government will collect Rs 88,781 crore on account of dividends in the current fiscal, the Budget document shows. All profit-making central...
  • Budget 'credit neutral' from a ratings perspective: Moody's 3 hours 14 minutes ago

    Mumbai: Moody's Investors Service said India's 2015/16 budget unveiled on Saturday was "credit neutral," adding the agency would monitor whether the government can fulfill its pledge to meet its fiscal deficit by boosting economic growth. The government on Saturday pushed back the deadline to cut the fiscal deficit to 3 per...
  • In pics: Budget at a glance 3 hours 26 minutes ago

    Finance Minister Arun Jaitley on Saturday announced a Budget that put boosting growth before painful reforms, slowing the pace of fiscal deficit cuts and seeking to put domestic and foreign capital to work. Billed as a test of PM Narendra Modi's willingness to reform a $2 trillion economy with a...
  • In pics: Budget in numbers 4 hours 6 minutes ago

    Finance Minister Arun Jaitley on Saturday announced a budget that put boosting growth before painful reforms, slowing the pace of fiscal deficit cuts and seeking to put domestic and foreign capital to work. Billed as a test of the PM's willingness to reform a $2 trillion economy with a bloated...
  • Narendra Modi regime cracks down on black money, will have one time compliance opportunity: sources 4 hours 54 minutes ago

    New Delhi: A day after Finance Minister Arun Jaitley presented his first full-fledged Budget, the Narendra Modi government took the first step towards cracking down on black money. The Centre will soon introduce one time compliance opportunity, said Finance Ministry sources on Sunday. Sources said the government expected huge revenue collection...
  • Imported mobiles, tablets to cost dear as excise duty goes up to benefit domestic producers 5 hours 21 minutes ago

    New Delhi: In a move to boost local manufacturing of mobile phones and tablets, the government increased duty benefits for domestic producers of these electronic items. Excise duty structure for mobiles handsets, including cellular phones, is being changed to 1 per cent without CENVAT credit or 12.5 per cent with CENVAT...
  • Finance Minister fulfils 3 out of 5 demands put forth by CNN-IBN in Budget 2015 5 hours 43 minutes ago

    The Finance Minister has fulfilled 3 out of 5 demands put forth by CNN-IBN. Transport allowance has been doubled to 1600 rupees per month and both health insurance benefits and tax exemption limit under the new pension scheme have been increased. ...
  • Budget 2015 in favour of corporate sector, says P Chidambaram 6 hours 43 minutes ago

    New Delhi: Former Finance Minister P Chidambaram tore into the Union Budget presented by Finance Minister Arun Jaitley and said it was in favour of corporate sector and was "unkind" to the poor and could fail the targeted 8 per cent growth next year. "One cannot avoid the feeling that the...
  • India keeps tight rein on public health spending in 2015-16 Budget 7 hours 4 minutes ago

    New Delhi: The Indian government on Saturday kept its healthcare Budget for 2015-16 on a tight leash and asked states to contribute more funds for running the country's flagship health programmes. The government announced 297 billion rupees ($4.81 billion) for its main health department, roughly 2 per cent higher than current...
  • Union Budget 2015: India to inject $1.3 billion to shore up state banks 7 hours 38 minutes ago

    Mumbai: India will inject 79.4 billion rupees ($1.3 billion) into state-owned banks in the next fiscal year to bolster their capital reserves, a smaller-than-expected sum which means the sector's heavyweights may have to turn to the market or curb lending. Successive governments have poured billions into India's bad-debt burdened state banks,...
  • Budget 2015: India vows tough punishments to bring home 'black money' 7 hours 42 minutes ago

    New Delhi: India said it plans tougher punishments including jail terms of up to 10 years for those who hide undeclared cash outside the country and for the banks and advisers who help them, as it tries to bring back illicit billions stashed abroad. In his Budget address on Saturday, Finance...
  • Budget woos foreign investors with tax incentives 7 hours 46 minutes ago

    Mumbai: India, keen to rekindle economic growth, wooed foreign investors on Saturday with a budget that delayed controversial rules to target tax avoidance and maintained lower taxes on income from debt investments. The measures, part of the government's budget for the next fiscal year, come amid growing concerns about foreign investors...
  • FM Arun Jaitley drapes Budget speech documents in tri-colour 8 hours 54 minutes ago

    New Delhi: Ending an age-old convention, the Finance Ministry on Saturday came out with the Budget documents displaying different colours and a photograph of Parliament. The Budget speech, which is usually in plain blue, was this time in tri-colour - saffron, white and green. The other documents - Budget at a Glance,...
  • Gold prices to rise after Budget keeps import duty high 8 hours 59 minutes ago

    Mumbai: Gold premiums in top consumer India could jump to as much as $5 an ounce over world prices next week, from being almost at par, after Finance Minister Arun Jaitley surprised jewellers by maintaining import duty at a record level in Saturday's budget. The wedding season that extends to May...
  • Those opposing new Land Bill are against rural infrastructure: Arun Jaitley 9 hours 3 minutes ago

    New Delhi: Dismissing charges of new Land Bill of the BJP-led NDA government being "anti-farmer", Finance Minister Arun Jaitley on Saturday alleged those who are opposing it are against rural infrastructure creation. He said in fact it was the 2013 Land Bill that was "anti-farmer". "According to me, if there is anything...
  • Breaking Toons: Union Budget 2015 16 hours 49 minutes ago

    Cartoonist Neelabh takes on the first full-year Budget of the NDA government presented by Finance Minister Arun Jaitley on Saturday in Parliament. ...
  • Union Budget 2015: Corporate tax to be cut by 5 per cent in 4 years; no change for individuals 17 hours 15 minutes ago

    New Delhi: Finance Minister Arun Jaitley on Saturday announced a 5 per cent reduction in corporate tax over next four years, abolished wealth tax and replaced it with an additional 2 per cent surcharge on super-rich individuals, while increasing service tax that will result in higher cost of variety of...
  • Union Budget proposes schemes to widen social security net 17 hours 18 minutes ago

    New Delhi: In order to ensure social security and promote public health, the government on Saturday proposed a slew of schemes like Pradhan Mantri Suraksha Bima Yojna, ATAL Pension Yojana and tax incentives for National Pension System. "A large proportion of India's population is without insurance of any kind - health,...
  • New budget growth oriented, but short of big reforms: US media 17 hours 21 minutes ago

    Washington Describing the first full-fledged annual budget of the new Indian government as growth oriented, the American media on Saturday said the announcements made by Finance Minister Arun Jaitley will boost investment and focus on infrastructure. The budget promises to boost growth with a major increase in public spending on infrastructure...
  • Watch: India Inc rates the Union Budget 2015 17 hours 28 minutes ago

    A panel of experts from top industries and corporate sector rate the first full-fledged budget of the Narendra Modi government which was presented by Finance Minister Arun Jaitley in Parliament on Saturday. ...
  • Over 2 per cent cut in education budget; new IITs, IIMs to be set up 17 hours 29 minutes ago

    New Delhi: The education sector saw over a two per cent cut in the outlay announced in the Union Budget on Saturday, even as the government proposed to set up new IITs and IIMs in some states. The slash in the education sector as compared to the revised allocation in 2014-15...
  • Individuals get more tax benefits; but to pay more on services 17 hours 55 minutes ago

    New Delhi: Giving with one hand and taking with the other, Finance Minister Arun Jaitley on Saturday hiked tax deduction limit for individuals to Rs 4.44 lakh, but slapped an extra surcharge on super-rich and raised service tax rate. The individual taxpayers would get additional deductions of up to Rs 74,600...
  • Watch: Experts rate the Union Budget 2015 18 hours 3 minutes ago

    A panel of experts rate the first full-fledged budget of the Narendra Modi government which was presented by Finance Minister Arun Jaitley in Parliament on Saturday. ...
  • Arun Jaitley's Budget aims growth first, gives big bang reforms a miss, fiscal deficit cut to wait 18 hours 23 minutes ago

    New Delhi: Finance Minister Arun Jaitley on Saturday announced a budget that put boosting growth before painful reforms, slowing the pace of fiscal deficit cuts and seeking to put domestic and foreign capital to work. In his first full-year budget since Prime Minister Narendra Modi's landslide election victory in May 2014,...
  • Union Budget thrust on 'housing for all' by 2022 18 hours 29 minutes ago

    New Delhi: Union Finance Minister Arun Jaitley on Saturday called for building six crore 'pucca' houses for poor in the country by 2022, and doled out Rs 22,407 crore for housing and urban development sector for this fiscal year. Listing out many visions to be achieved by the year 2022, which...
  • Amrut Mahotsav will be a true and meaningful tribute to our freedom fighters, says Jaitley 18 hours 59 minutes ago

    New Delhi: Adding futuristic approach to the Union Budget, Finance Minister Arun Jaitley on Saturday said the year 2022 will be the Amrut Mahotsav, the 75th year, of India's independence. "This will be our true and meaningful tribute to our freedom fighters," he said. The government is planning to complete 2...
  • Fuel hiked: Piyush Goyal says government has no role in petrol pricing 19 hours 22 minutes ago

    Hours Finance Minister Arun Jaitley presented the Union Budget 2015 in Parliament on Saturday, the fuel prices were hiked. The petrol prices were hiked by Rs 3.18 per litre while diesel by Rs 3.09 per litre. Reacting on the fuel prices, Power Minister Piyush Goyal said the government has no...
  • This budget is more about employment and poverty, says Prakash Javadekar 20 hours 20 minutes ago

    In an interview to CNN-IBN, Union Minister Prakash Javadekar said that this budget is more about employment and poverty. Finance Minister Arun Jaitley on Saturday present the Union Budget 2015 in Parliament. ...
  • Unoin Budget 2015: Finance Minister done a great job of reviewing economy, says Suresh Prabhu 20 hours 45 minutes ago

    Finance Minister Arun Jaitley presented the Union Budget 2015 in Parliament on Saturday aimed at high growth. Reacting on the budget, Railway Minister Suresh Prabhu said that Finance Minister Arun Jaitley has done a amazing job of reviewing the economic growth. ...