Industry Reacts to the Budget
Mar 2, 2015
Press Trust of India | Tuesday September 22, 2015
The Finance Ministry has decided to invite suggestions from the public for Budget 2016-17 in its bid to make the exercise more broad-based.
World News | Reuters | Saturday September 5, 2015
Germany can cope with a record-breaking influx of refugees and migrants this year without raising taxes and without jeopardising its goal of a balanced budget, Chancellor Angela Merkel said in a newspaper interview published on Saturday.
World News | Reuters | Thursday July 23, 2015
Greece's new bail-out deal imposes a stiff dose of budget rigour and market deregulation which critics say few leaders of Western Europe's biggest nations have dared serve their own voters.
Agencies | Wednesday July 1, 2015
The government will provide a roadmap for ending corporate tax exemptions in next 45 days, Revenue Secretary Shaktikanta Das said on Wednesday, as part of a plan to lower the tax rate to 25 per cent in four years.
World News | Reuters | Tuesday June 30, 2015
The US National Security Agency wiretapped the communications of two successive French finance ministers and collected information on French export contracts, trade and budget talks, according to a report by WikiLeaks.
Press Trust of India | Friday June 26, 2015
The government is likely to infuse additional $1.8 billion (about Rs 11,500 crore) in public sector banks this fiscal year over and above $1.2 billion earmarked in the Budget, Finance Secretary Rajiv Mehrishi said on Friday.
India News | Written by A Vaidyanathan and Sandeep Phukan | Wednesday June 3, 2015
A fresh controversy has mushroomed for the Essar group as emails have surfaced indicating its employees were privy to draft budget proposals for 2012-13 - documents, which were meant to be kept secret.
India News | Written by Ketki Angre | Sunday May 31, 2015
It was expected but the re-promulgation of the land ordinance has once again come with more controversies. The Union Cabinet gave a go-ahead to the land ordinance for the third time today, after it failed to get support for the Land Acquisition Bill in Parliament in the face of a united Opposition.
Wednesday May 27, 2015
The government on Tuesday constituted a 10-member panel under former finance secretary Vijay Kelkar to revisit and revitalise public private partnership (PPP) mode of infrastructure development.
India News | Press Trust of India | Wednesday May 13, 2015
The Union Cabinet today approved a massive Rs 20,000 crore budget for Prime Minister Narendra Modi's pet 'Namami Gange Programme' for the next five years, which is a five-fold increase over the money spent in the last three decades towards the conservation of the river.
India News | Reported by Sandeep Phukan; Edited by Amit Chaturvedi | Tuesday May 12, 2015
A day before the Budget Session of Parliament ends, the government is still scrambling to push key bills through and the Opposition remains resolute that it will stall proceedings, like Monday, demanding the resignation of Union minister Nitin Gadkari.
India News | Edited by Deepshikha Ghosh | Monday May 11, 2015
Union minister Nitin Gadkari today denied any wrongdoing as he confronted aggressive demands by the opposition in Parliament for his sacking over an auditor's report that indicts a company linked to him. The Rajya Sabha was adjourned a record nine times over the protests.
Friday April 24, 2015
Achieving a 3 per cent fiscal deficit target by 2017-18 is a challenge but the government will not compromise on building public infrastructure and irrigation, Finance Minister Arun Jaitley said on Friday.
India News | Reported by Sandeep Phukan, Edited by Shyam Balasubramanian | Thursday April 23, 2015
Rahul Gandhi accused the government of "carving out the internet to hand over to corporates" on Wednesday. He compared Prime Minister Narendra Modi to former Soviet Union chief Mikhail Gorbachev. And if you didn't quite get it, he stepped out of the Lok Sabha to explain.
Wednesday April 22, 2015
Some proposals in the Bill included changes to the RBI Act of 1934.
India News | Reported by Rahul Shrivastava, Edited by Deepshikha Ghosh | Wednesday April 22, 2015
For Union minister Giriraj Singh, Tuesday turned out to be the second bad day at work. A day after being forced to apologise in Parliament over his racist remarks on Sonia Gandhi, he was summoned by Prime Minister Narendra Modi.
India News | Edited by Deepshikha Ghosh | Monday April 20, 2015
Union Minister Giriraj Singh apologized in Parliament today for his racist remarks on Congress president Sonia Gandhi earlier this month, following opposition uproar.
Wednesday April 15, 2015
The Finance Ministry has notified the increase in transport allowance to Rs 1,600 a month from Rs 800 as announced in the Budget for 2015-16.
Wednesday April 8, 2015
Finance Minister Arun Jaitley, however, did not disclose details about the bonds.
Wednesday April 8, 2015
The Finance Minister in his budget speech highlighted the importance of the budget fast-becoming one of the cornerstones to indicate the pace and direction of the economy, says Hema Palgamkar of EY.
Thursday April 2, 2015
The Minimum Alternative Tax (MAT) will become irrelevant with removal of tax incentives and reduction in corporate tax rate to 25 per cent over next four years, Revenue Secretary Shaktikanta Das said.
Wednesday April 1, 2015
The government on Wednesday notified new accounting standards for computation of business income, which will ensure consistency and help minimise tax-related disputes.
Wednesday April 1, 2015
The premiums are being revised after a gap of three years.
Saturday March 28, 2015
Finance Minister Arun Jaitley on Friday pitched for greater use of "plastic money" and cheques saying that it would discourage use of unaccounted wealth and help in tackling the menace of black money.