Breaking News

Budget Highlights: No case to revise either tax slabs or rates
Budget Highlights: Personal income tax slabs unchanged FY14
Budget Highlights: Some relief to tax payers in Rs 2 lakh to Rs 5 lakh bracket
Budget Highlights: Tax credit of 2,000 rupees for incomes of upto 5 lakh rupees
Budget Highlights: Surcharge of 10% on people with income over 10 mln rupees
Budget Highlights: Surcharge on high income tax payers only for one year
Budget Highlights: Only 42,800 tax payers with income over 10 mln rupees
Budget Highlights: Education cess to continue at 3%
Budget Highlights: Donation to national children fund to get 100% tax relief
Budget Highlights: Dividend distribution surcharge raised to 10% vs 5%
Budget Highlights: GAAR modified provisions seen effective Apr 1, 2016
Budget Highlights: 20% withholding tax on profits distributed by unlisted cos
Budget Highlights: Tax holiday for power plants extended to Mar 2014
Budget Highlights: Sops for power projects to continue for 1 year
Budget Highlights: 15% tax on dividend from overseas arms to continue
Budget Highlights: Financial institutions securitisation trust exempted from tax
Budget Highlights: Direct tax proposals to yield 133 bln rupee FY14
Budget Highlights: To introduce DTC Bill before end of Budget Session
Budget Highlights: Direct Taxes Code work in progress
Budget Highlights: Tax on MF redemption, purchase on exchanges cut to 0.001%
Budget Highlights: Agricultural land exempt from TDS on property deals
Budget Highlights: Royalty to overseas parents to attract 25% tax vs 10%
Budget Highlights: No income tax on investor protection fund of depositaries
Budget Highlights: Indirect tax proposals to yield 47 bln rupee FY14
Budget Highlights: No change in standard rate of excise duty
Budget Highlights: No change in peak basic custom duty rate on non-agri goods
Budget Highlights: No change in standard rate of service tax
Budget Highlights: Customs duty on leather making machine cut to 5.0% vs 7.5%
Budget Highlights: Customs duty on leather making machine cut to 5.0% vs 7.5%
Budget Highlights: Transaction tax of 0.01% on non-farm commodities future
Budget Highlights: Commodity Transaction tax on non-farm derivatives trade
Budget Highlights: Transaction tax on equity futures cut to 0.01% vs 0.017%
Budget Highlights: Pegs FY14 customs revenue at 1.87 trln rupees
Budget Highlights: To set up tax administration reform commission
Budget Highlights: Little room to raise taxes in constrained economy
Budget Highlights: Need for state and central govts to pass a GST law
Budget Highlights: Draft bill on GST in Parliament in next few months
Budget Highlights: 2 additions to service tax negative list
Budget Highlights: Include vocational courses in negative list
Budget Highlights: One-time amnesty scheme for service tax due from 2007
Budget Highlights: Allocates 90 bln rupee as CST compensation to states
Budget Highlights: To encourage voluntary compliance to boost service tax collection
Budget Highlights: CSO estimated FY13 GDP growth at 5%, RBI estimate at 5.5%
Budget Highlights: Overall GDP growth rate seen at 6.1-6.7% in FY14
Budget Highlights: Only China to grow faster than India in FY14
Budget Highlights: Average GDP growth of 8% in 11th Plan
Budget Highlights: Achieving high growth not beyond our capacity
Budget Highlights: Battle against inflation must be fought on all fronts
Budget Highlights: No choice but to rationalise spending
Budget Highlights: India can become 7th largest economy by 2017
Budget Highlights: Can become USD 5 trillion economy by 2025
Budget Highlights: FY13 fiscal deficit estimate revised to 5.2% of GDP
Budget Highlights: FY13 fiscal deficit estimate revised to 5.2% of GDP
Budget Highlights: Pegs FY15 fiscal deficit at 4.2%; 3.6% in FY16
Budget Highlights: FY13 divestment mop-up seen 240 bln rupees
Budget Highlights: India doesn`t have choice between FII and FDI
Budget Highlights: Foreign investment is an imperative
Budget Highlights: Exports, imports amount to 43% of GDP
Budget Highlights: India not unaffected by what is happening in rest of world
Budget Highlights: There is no reason for gloom or pessimism
Budget Highlights: To allot more 2 bln rupees to child, women welfare ministry
Budget Highlights: To allot 373.3 bln rupees for health, family welfare
Budget Highlights: To allot 658.67 bln rupees to human resource ministry
Budget Highlights: Cities above 100,000 population to have pvt FM channels
Budget Highlights: To allot 270.49 bln rupees for agri ministry FY14
Budget Highlights: FY14 farm credit target 7 trln rupees
Budget Highlights: Interest subvention for short-term farm loans to continue
Budget Highlights: Farmers who repay loan on time will get loan at 4%
Budget Highlights: 11th Plan growth in agri sector was 3.6%
Budget Highlights: Food security bill a promise of UPA govt
Budget Highlights: Rajiv equity plan to be eased; to cover MF investments
Budget Highlights: PSU banks assured all branches to have ATMs by Mar 2014
Budget Highlights: Plan to set up exclusive bank for women
Budget Highlights: To provide 10 bln rupees initial capital for women`s bank
Budget Highlights: KYC of banks sufficient for insurance policies
Budget Highlights: Towns with 10,000 people to have LIC, GIC offices
Budget Highlights: SMEs will be allowed to be listed without IPO
Budget Highlights: FII status for investment less than 10% in a company
Budget Highlights: FDI status for investment over 10% in a company
Budget Highlights: To buy 10,000 buses from fund of Nehru urban renewal plan
Budget Highlights: Loans at 6% rate for women textile entrepreneurs
Budget Highlights: Natural gas pricing policy to be reviewed
Budget Highlights: Additional tax sop for first time home owners
Budget Highlights: Up to 2.5 mln rupee 1st home loan to get more tax cut
Budget Highlights: FY14 total subsidy seen 2.31 trln rupees
Budget Highlights: FY14 total Plan spend pegged at 5.55 trln rupees
Budget Highlights: FY14 fiscal deficit projected at 4.8% of GDP
Budget Highlights: Initiatives underway to ensure women security
Budget Highlights: Allot 10 bln rupees for `Nirbhaya` women safety fund