BUDGET

  • Exclusive: NITI Aayog Vice-Chairman Arvind Panagariya explains the implementation of Union Budget 2015 34 minutes ago

    In an exclusive interview to CNN-IBN, NITI Aayog Vice-Chairman Arvind Panagariya talks about the implementation of the full-fledged budget of the Narendra Modi government. ...
  • FM Arun Jaitley explains the Union Budget 2015 44 minutes ago

    Hours after Finance Minister Arun Jaitley presented the first full-fledged budget of the Narendra Modi government in Parliament, he explained his Union Budget to DD News. ...
  • Union Budget brings lottery sellers under service tax ambit 53 minutes ago

    New Delhi: The lottery tickets may get expensive as Finance Minister Arun Jaitley in the Budget on Saturday proposed to remove service tax exemption given to the sellers and distributors of such items. The Union Budget for 2015-16, presented by Jaitley in the Parliament on Saturday,...
  • 'Make in India' gets a prominent place in Union Budget 2015, Arun Jaitley refers to it 10 times 59 minutes ago

    New Delhi: One of Prime Minister Narendra Modi's pet slogan 'Make in India' got a prominent place in Union Budget 2015. Finance Minister Arun Jaitley referred to 'Make in India' scheme 10 times during his Budget speech in Parliament on Saturday. He said the Make in India programme is aimed at...
  • Union Budget 2015: Shashi Tharoor calls it anti-poor, Smriti Irani says pro-people 1 hour 24 minutes ago

    Soon after Finance Minister Arun Jaitley presented the first full-fledged budget of the Narendra Modi government in Parliament, the Congress and the BJP reacted on the budget. Speaking to CNN-IBN, Congress leader Shashi Tharoor said that this budget is anti-poor, while BJP leader and Union Minister Smriti Irani said this...
  • Congress rates Modi government's full-fledged budget, says it's a huge disappointment 1 hour 39 minutes ago

    Finance Minister Arun Jaitley presented the first full-fledged budget of the Narendra Modi government in Parliament on Saturday aimed at high growth. Congress leader Kamal Nath said that this budget is a huge disappointment. Speaking to CNN-IBN, Nath said, "This budget is great disappointment because it does not stimulate the...
  • Watch: Political battle over the Modi government's full-fledged budget 1 hour 52 minutes ago

    Finance Minister Arun Jaitley presented the first full-fledged of the Narendra Modi government in Parliament on Saturday aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost investment and ensure that ordinary people benefit. ...
  • Petrol price hiked by Rs 3.18 per litre, diesel by Rs 3.09 with effect from Saturday midnight 1 hour 57 minutes ago

    New Delhi: Hours after the Finance Minister Arun Jaitley presented his maiden full year budget on Saturday the fuel prices are hiked. The petrol prices are hiked by Rs 3.18 per litre while diesel by Rs 3.09 per litre. The new prices will be effective from Saturday midnight. Earlier in February...
  • Law Ministry gets funds to settle Lok Sabha poll liabilities 2 hours 7 minutes ago

    New Delhi: Law Ministry's annual outlay has gone up substantially this time, but most of the money will be spent for meeting government's liability towards charges for conduct of the 2014 Lok Sabha elections. While the Law Ministry was provided Rs 381.33 crore last fiscal for 'elections', this time it has...
  • Union Budget: Government cuts funds for Water Ministry, 'Clean Ganga' gains most 2 hours 15 minutes ago

    New Delhi: The Water Resources Ministry has witnessed a substantial slash in its fund allocations in the Union Budget 2015-16 though Prime Minister Narendra Modi's pet project for cleaning river Ganga was accorded a good hike. The Ministry, which is also implementing another key government project of interlinking rivers, has been...
  • Watch: How this budget has impacted you? 2 hours 19 minutes ago

    Finance Minister Arun Jaitley on Saturday presented the first full-fledged Budget of the Narendra Modi government aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost investment and ensure that ordinary people benefit. ...
  • Union Budget 2015: Service tax increased 14 per cent from existing 12.36 per cent 2 hours 29 minutes ago

    New Delhi: Eating out in restaurants, staying in hotels and other such activities will get costlier as the Union Budget 2015, presented by Finance Minister Arun Jaitley in Parliament on Saturday, proposes to increase the present rate of service tax and education taxes from the existing 12.36 per cent to...
  • Budget focuses only on corporates,income tax payers: P Chidambaram 2 hours 36 minutes ago

    New Delhi: Accusing Finance Minister Arun Jaitley of pleasing just the corporates and the income-tax payers, his predecessor in the UPA regime P Chidambaram on Saturday said the Modi government's first full Budget has failed the fiscal test, the test of equity, and the test of rising inequality. ...
  • Budget to pave way for double-digit growth, expand demand: India Inc 2 hours 41 minutes ago

    New Delhi: Feeling upbeat about Union Budget 2015-16, India Inc expressed the confidence that the proposals have laid down the roadmap for taking India to double-digit growth and the steps to add money in the hands of the consumers would add a lot of comfort to them and help expand...
  • Union Budget: Government emphasises on job creation to create millions of jobs 2 hours 46 minutes ago

    New Delhi: With the government putting strong emphasis on job creation, experts on Saturday said measures proposed in the Union Budget can help in creating millions of employment opportunities in the coming years. Global management consultancy Hay Group India Managing Director Nitin Razdan said, "Jobs and hiring in India needs to...
  • Ministry of External Affairs gets 19 per-cent hike in allocation 2 hours 53 minutes ago

    New Delhi: The foreign ministry has seen a good hike of 19 per-cent in its fund allocations in the Union Budget 2015-16 as the main thrust remained towards various development assistance projects implemented by India in neighbouring countries including Bhutan and Afghanistan. While Rs 12,620 crore was given by Finance Minister...
  • Budget has nothing for farmers, looks like a vision document 2 hours 57 minutes ago

    (By Kalvakuntla Kavitha, MP, Nizamabad in Telangana State) New Delhi: A detailed study and analysis of the budget takes sometime. Because a lot of things sound and look good, when we take them at face value. We need to go to the fine print to find out or decide if...
  • Arun Jaitley tutors BJP spokespersons on Union Budget 2015 3 hours 3 minutes ago

    New Delhi: Finance Minister Arun Jaitley on Saturday tutored Bharatiya Janata Party spokespersons on Budget 2015 telling them what to speak in public. BJP parliamentary party had organised the meeting where all spokespersons, panelists and former MPs watched the entire Lok Sabha session in the party office. After presenting the Budget, the...
  • Budget boost for healthcare sector pushes pharma shares up 5 per cent 3 hours 5 minutes ago

    Mumbai: Pharma scrips gained up to 5 per cent on Saturday after the government alloted Rs 33,152 crore to the healthcare sector. Shares of Aurobindo Pharma surged 4.90 per cent, Ranbaxy Laboratories climbed 3.74 per cent, Sun Pharmaceutical Industries rose by 3.62 per cent and Torrent Pharmaceuticals jumped 3.10 per...
  • Cochin business chamber unhappy as Budget fails to meet demands 3 hours 8 minutes ago

    Kochi: Cochin Chamber of Commerce and Industry has criticised Finance Minister Arun Jaitley for not giving funds for Kerala's crawling public sector industrial units in the Budget on Saturday. However, the body has hailed proposals like announcement on GST and reduction in corporate tax. "Our long-pending demands like AIIMS, Cancer Hospital,...
  • Union Budget 2015: Rs 150 crore for research under Atal Innovation Mission 3 hours 13 minutes ago

    New Delhi: Finance Minister Arun Jaitley on Saturday announced the Atal Innovation Mission (AIM), an innovation promotion platform in the NITI Aayog, with an initial fund of Rs 150 crore for research and development. Named after former prime minister Atal Bihari Vajpayee, AIM will be an innovation promotion platform involving academics,...
  • Budget focuses on road network on borders with China, Pakistan 3 hours 21 minutes ago

    New Delhi: NDA government has in its infrastructure development initiatives focused on connecting with all weather roads along borders with nearly 100 per cent increase in allocation for construction of roads along Sino-India and Indo-Pak boundaries. Keeping in mind the facilitation of troops along the 4,056-km Sino-India border stretching from 'Karakoram...
  • Union budget: Air travel becomes costly, Air India to get Rs 2500 crore 3 hours 22 minutes ago

    New Delhi: First and business class air travellers would find flying costlier from the next fiscal with an almost 2 per cent hike in service tax rate proposed in the general budget, which also earmarked Rs 2,500 crore for ailing Air India in 2015-16. Union Finance Minister Arun Jaitley on Saturday...
  • Union Budget 2015: Visa on arrival now for 150 countries 3 hours 37 minutes ago

    New Delhi: India will provide visa on arrival (VoA) to visitors from 150 countries -- a sharp rise from the 43 countries now, Finance Minister Arun Jaitley announced on Saturday. "Last year VoA was issued to 43 countries. As tourism in the country has increased, I propose to increase the countries...
  • Union Budget 2015: FM Arun Jaitley raises Nirbhaya Fund to Rs 2,000 crore 3 hours 47 minutes ago

    New Delhi: Finance Minister Arun Jaitley on Saturday doubled the Nirbhaya Fund to Rs 2,000 crore from Rs 1,000 crore. "My Government is committed to safety and security of women. In order to support programmes for women security, advocacy and awareness, I have decided to provide another 1,000 crore to the...
  • A good Budget with 3-4 forceful directions 3 hours 49 minutes ago

    By Dr Shankar Acharya, Former Chief Economic Adviser to Government of India It is a good Budget. I rate Arun Jaitley's Budget as good. Lot of things he mentioned sounded good. He has also given a forceful direction to 3-4 things. Fiscal consolidation has also been taken into account. I like...
  • Union Budget 2015: FM Arun Jaitley allocates over Rs 34,699 crore for MNREGA 3 hours 54 minutes ago

    New Delhi: Finance Minister Arun Jaitley on Saturday allocated Rs 34,699 crore for the Mahatma Gandhi National Rural Employment Guarantee Scheme, saying that the BJP government was committed to supporting employment through the rural job programme. "Our government is committed to supporting employment through MGNREGA. I have made an initial allocation...
  • Kolkata Port Trust welcomes corporatisation move in Budget 3 hours 56 minutes ago

    Kolkata: Kolkata Port Trust (KoPT) on Saturday welcomed the government's move to pitch for corporatisation of state-run ports in the country. "We welcome the move of corporatisation. We are ready for it if government asks so. This will help us in raising resources," KoPT chairman RPS Kahlon told. Finance Minister Arun...
  • The Budget touched upon a large number of challenging areas: CMD Biocon 3 hours 56 minutes ago

    "The Union Budget 2015 touched upon a large number of challenging areas. It also met a large number of expectations," said Kiran M Shaw, CMD Biocon. ...
  • How a tax payer can save Rs 4.44 lakh 4 hours 5 minutes ago

    New Delhi: In the first full-fledged Budget of the Narendra Modi government, Finance Minister Arun Jaitley on Saturday extended benefits to middle class tax payers which would result in saving of Rs 4.42 lakh. The increase in limit of deduction in health insurance premium, Pension Fund, New Pension Scheme,...