BUDGET

  • Swachh Bharat cess may be imposed by way of a Service Tax amendment 9 hours 32 minutes ago

    New Delhi: A Swachh Bharat cess is likely to be imposed by way of a Service Tax amendment in the forthcoming Annual Budget. According to sources, The Finance Ministry proposes Swachh Bharat cess seeking Rs 1 lakh crore for Swachh Bharat Mission. The government hopes to mop up Rs 1 lakh crore...
  • Congress to take up Muslim quota, drought during budget session Yesterday

    Mumbai: Congress would take on the Devendra Fadnavis government in Maharashtra aggressively on the issues of drought and denial of reservation to Muslims during the budget session of the state legislature, scheduled to start from March 9, it said on Wednesday. Leader of opposition in the Assembly Radhakrishna Vikhe Patil today...
  • Finance Minister for tax reforms and quick decisions to ensure stability 2 days ago

    New Delhi: Ahead of the Budget, Finance Minister Arun Jaitley on Tuesday underlined the need for tax reforms and quick decision making to ensure stability in policy regime. The Minister also asked the Central Board of Excise and Customs (CBEC) officials to maintain certain level of civility with assessees but to...
  • Nifty ends at 8910, Sensex up 292 points; banks soar 2 days ago

    Mumbai: The market ended at record highs as banks boosted trade. The Nifty ended above 8900-level for first time. The 50-share index was up 74.90 points or 0.8 per cent at 8910.50. The Sensex closed up 292.20 points or 1 per cent at 29571.04. About 1406 shares have advanced, 1523...
  • Government to keep up pace on reforms: Arun Jaitley 1 week ago

    Davos: Finance Minister Arun Jaitley assured that the government will keep up pace on reforms but said he doesn't want to build expectations in the run up to the Budget. "I am not building up the expectations but yes we are going to keep up the pace. I have already...
  • Human DNA Profiling Bill likely in Budget session: Centre to SC January 21, 2015

    New Delhi: Government intends to introduce the Human DNA Profiling Bill, to enable identification of bodies and missing persons and create a DNA database, in the upcoming Budget Session of Parliament. In an affidavit filed before the Supreme Court, the Department of Biotechnology said that in accordance with the apex court...
  • Modi government to present its second Union Budget on February 28 January 21, 2015

    New Delhi: Prime Minister Narendra Modi's government will present its second General Budget on February 28 while the Economic Survey will be out a day earlier on February 27. The Railway Budget will be unveiled on February 26, four days after the start of Parliament's Budget Session. The session will start...
  • CCPA to announce the dates for the budget session today January 21, 2015

    New Delhi: The Cabinet committee on Political Affairs will meet on Wednesday to announce the dates for the budget session. According to sources, the session is likely from Febuary 23. With President Pranab Mukherjee voicing his objection to the 'Ordinance route', the government is planning to introduce the recent ordinances...
  • Bullet News: Catch the day's top stories January 20, 2015

    Bullet News is CNN-IBN's non-stop prime time bulletin where we bring to you the day's top stories from around the world. Be it politics, sports, entertainment or business, catch it here, only in 30 minutes. ...
  • India @ 9 with Zakka Jacob January 20, 2015

    Catch the day's top stories with Zakka Jacob on India @ 9. ...
  • News 360: Rift within BJP exposed, street fight over tickets distribution January 20, 2015

    Dissent in the Bharatiya Janata Party (BJP) over ticket distribution spilled on the streets a day after the party released its list of candidates with supporters of party's Delhi unit Satish Upadhyay staging protests over denial of ticket to him. Another group shouted slogans against Upadhyay and party MP Ramesh...
  • Lava Iris Alfa with a 5-inch display, 5MP camera, quad-core processor launched at Rs 6,550 in India January 20, 2015

    New Delhi: Lava has launched a new budget Android phone in India. Named Iris Alfa, the new phone is priced at Rs 6,550. The phone features a 5-inch FWGA screen, a 1.2GHz quad-core processor coupled with 1GB RAM and 8GB of internal storage. Its memory is expandable up to 32GB. The...
  • Budget session likely from February 23: Sources January 20, 2015

    New Delhi: According to sources on Tuesday, the Budget session of Parliament is likely to start from February 23. Hopes are high with Finance Minister Arun Jaitley indicating start of second-generation reforms going forward. Jaitley is likely to make significant announcements on key issues such as retro tax, goods and services...
  • Customs duty may be reimposed in Budget 2015-16: Sources January 19, 2015

    New Delhi: In an upsetting news for consumers, the government is likely to reimpose customs duty at 2.25 per cent in the Union Budget 2015-16. The move will effectively reduce the impact of falling international crude prices. According to sources, more excise hike on fuel has also not been ruled...
  • To live up to 4.1 per cent fiscal deficit target for financial year 2015: Arun Jaitley January 10, 2015

    At CNBC-TV18's 10th IBLA (India Business Leadership Awards) Finance Minster, Arun Jaitely spoke about his government's outlook for India in terms of growth, policy initiatives, reforms. During the discussion, Finance Minister said the government intends to live up to 4.1% FY15 fiscal deficit target. ...
  • Get 'out of the box' ideas for Budget: PM to ministers January 5, 2015

    New Delhi: With budgetary exercise underway, Prime Minister Narendra Modi on Monday asked his ministerial colleagues to get "out of the box" ideas from the common man which could be incorporated in the financial outlay. Holding an interactive session with entire Council of Ministers over 'high tea', he denounced the...
  • Spend budgetary allocations evenly: PM Modi to ministries January 5, 2015

    New Delhi: Prime Minister Narendra Modi on Monday asked his Council of Ministers to ensure that the budgetary allocations for the respective ministries are spent evenly throughout the year and denounced the practice of utilising funds at the fag end of the financial year. A month before the beginning of the...
  • States want issues to be resolved before GST roll-out December 26, 2014

    New Delhi: Days after Centre bringing in the landmark single rate GST bill, the states on Friday demanded early redressal of their concerns on revenue loss while pressing for release of more funds and having a say in implementation of the central schemes. Besides seeking decentralisation of Centrally Sponsored Schemes (CSS),...
  • India slashes health budget, already one of the world's lowest December 24, 2014

    New Delhi: The government has ordered a cut of nearly 20 per cent in its 2014-15 healthcare budget due to fiscal strains, putting at risk key disease control initiatives in a country whose public spending on health is already among the lowest in the world. Two health ministry officials said that...
  • Railway fares likely to go up early next year December 14, 2014

    New Delhi: The next Rail Budget to be presented early next year could contain a proposal for raising fares to pass on the burden of rising power cost to passengers. The fuel adjustment component-linked tariff revision due in December will be effected in the Rail Budget in February and there...
  • Indian road laws to be in line with standards set in US, UK, says Transport Minister Nitin Gadkari November 28, 2014

    New Delhi: The Union Road and Transport Ministry is all set to bring major changes in the country's transport system. Union Minister Nitin Gadkari said that he is aiming at utilising bio-fuels for the running of vehicles, adding that the Centre will formulate new road laws which are in line...
  • 2015-16 Budget to unveil second generation reforms, says Arun Jaitley November 23, 2014

    New Delhi: A "whole set of second generation reforms" will be unveiled in the next Union Budget, Finance Minister Arun Jaitely said on Sunday, promising "a lot of exciting time ahead". The country needs "a larger opening out in more sectors," it requires stability of policy and tax regime besides a...
  • Intelligence agencies fight terrorism on a shoestring budget November 7, 2014

    New Delhi: When a bomb went off in October in West Bengal, police at country's leading counter-terrorism organisation had to hail taxis to get to the scene because they did not have enough cars. The admission by two officers from the National Investigation Agency underlines how poorly equipped it is to...
  • Telangana government presents over Rs 1 lakh crore maiden budget November 5, 2014

    Hyderabad: The Telangana government presented its maiden budget with an outlay of over Rs 1 lakh crore in the Assembly on Wednesday. Etela Rajender, Finance Minister of Telangana state formed on June 2 this year, said in his budget speech that for the ten months of the financial year 2014-15,...
  • Finance Minister Arun Jaitley to start budgetary exercise on Monday November 2, 2014

    New Delhi: The Finance Ministry will start the budgetary exercise on Monday, with the Expenditure Secretary meeting various ministries starting with Law and Justice and Information & Broadcasting. The ministry will finalise the revised estimates for 2014-15 and Budget estimates for 2015-16 for Plan and Non-Plan expenses. The meetings with various ministries...
  • Next Budget should be 'output to outcome-oriented': PM Modi to Secretaries of ministries, departments November 1, 2014

    New Delhi: Giving an idea of the nature of next year's Budget, Prime Minister Narendra Modi on Saturday said that it should be "full of new ideas" with transformational and measurable deliverables. In an interaction with Secretaries of various ministries and departments, he said the Budget should be "output to...
  • 'Smart cities' to be identified before Budget: Venkaiah Naidu September 22, 2014

    Mumbai: The Centre will start identifying urban areas which can be transformed into "smart cities", before the Budget, Union Urban Development Minister Venkaiah Naidu said here on Monday. The government is currently holding consultations with all stakeholders including state governments, local bodies and those keen on developing smart cities. "I have held...
  • Delhi: LG Jung approves electricity subsidy; to benefit 84 lakh consumers September 3, 2014

    New Delhi: Lt Governor Najeeb Jung on Wednesday approved the power subsidy of up to Rs 1.20 per unit which will benefit around 84 per cent or 28 lakh of the total electricity consumers in the city. Delhi's Power Secretary Arun Goel said the subsidy will be effective from August...
  • Bullet trains expected to be on agenda during PM Modi's Japan visit August 30, 2014

    New Delhi: As Prime Minister Narendra Modi leaves for a fiveday trip to Japan, hopes are high that the issue of bullet trains will feature on the agenda. The NDA government had promised to launch bullet train in its Railway Budget. While presenting the Railway Budget, Union Minister DV Sadananda Gowda...
  • Sonia Gandhi meets Pranab Mukherjee to discuss political situation August 18, 2014

    New Delhi: Congress President Sonia Gandhi on Monday met President Pranab Mukherjee to discuss the political situation in the country. The meeting came even as a decision on the issue of Leader of the Opposition post in the Lok Sabha for the Congress hangs in the balance. Last week, during...