Last Updated: Sunday, March 1, 2015, 14:02
Leading NRI industrialists have given a thumbs up to India's 2015-16 Budget, saying it would improve investment climate and laid a clear roadmap for placing the country on a double-digit growth trajectory.
Last Updated: Sunday, March 1, 2015, 14:00
"Now that the Centre has cleared the roadmap for the growth of electric vehicles in India, SMEV expects states to join in to support this initiative," SMEV Director-Corporate Affairs Sohinder Gill said in a statement.
Last Updated: Saturday, February 28, 2015, 22:51
Giving with one hand and taking with the other, Finance Minister Arun Jaitley 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.
Last Updated: Saturday, February 28, 2015, 22:49
Property prices will rise slightly with proposed hike in service tax to 14 percent, according to real state industry associations CREDAI and NAREDCO.
Last Updated: Saturday, February 28, 2015, 22:46
A leading business body in the US Saturday hailed India's 2015-16 Budget as a bold roadmap for improving the ease of doing business in the country.
Last Updated: Saturday, February 28, 2015, 22:41
The government has proposed to raise funds for railways, roads and irrigation sectors by issuing tax-free infrastructure bonds.
Last Updated: Saturday, February 28, 2015, 22:39
Finance Minister Arun Jaitley Saturday rejigged excise duty on petrol and diesel to make available an additional Rs 40,000 crore for road and highway development.
Last Updated: Saturday, February 28, 2015, 21:09
As regards curbing domestic black money, a new and more comprehensive Benami Transactions (Prohibition) Bill will be introduced in the current session of the Parliament.
Last Updated: Saturday, February 28, 2015, 19:42
India Inc on Saturday cheered the road map for lowering corporate taxation, abolition of wealth tax and steps to check black money menace, while calling the Union Budget a "visionary" document.
Last Updated: Saturday, February 28, 2015, 19:40
The Budget proposal to reduce the excise duty on footwear with leather uppers and having retail price of over Rs 1,000 has been welcomed by the industry, saying the move will help increase competitiveness.
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