Budget 2015-16

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Volatile Sensex logs 1st Budget day gain in 4 years, up 141 points

Last Updated: Saturday, February 28, 2015, 17:18

Shares of Banking, Healthcare and Auto sectors shot up on good buying while FMCG, Consumer Durable and Power counters fell on selling pressure. Scrips of cigarette makers, led by ITC, declined on a proposal to hike excise duty on cigarettes.

Budget: SIT on blackmoney gets 10 percent hike

Last Updated: Saturday, February 28, 2015, 17:16

The Special Investigation Team (SIT) on black money has been accorded an about 10 percent hike in the latest budgetary allocation for expanding its infrastructure and procuring logistics to effectively conduct its task of tackling the menace.

Gold to be monetized; Ashok Chakra coin, Sovereign Gold Bonds soon

Last Updated: Saturday, February 28, 2015, 17:56

The Finance Minister today announced several steps for monetizing gold.

Budget 2015: GAAR deferred for 2 years

Last Updated: Saturday, February 28, 2015, 16:45

The Finance Minister Arun Jaitley presenting the Budget in Lok Sabha today proposed to defer the applicability of the General Anti Avoidance Rule (GAAR) by two years.

Investment in infrastructure to go up by Rs 70,000 cr, separate Fund to be set up

Last Updated: Saturday, February 28, 2015, 16:45

Finance Minister Arun Jaitley has proposed an increase in investment in infrastructure by Rs 70,000 crore in the year 2015-16 over the year 2014-15 from the Centre’s funds and resources of CPSEs.

Forward Markets Commission to be merged with SEBI

Last Updated: Saturday, February 28, 2015, 18:09

Union Finance Minister Arun Jaitley on Saturday proposed to merge the Forward Markets Commission with SEBI to strengthen regulation of commodity forward markets and reduce wild speculation.

Budget 2015: Whats costlier and whats cheaper!

Last Updated: Saturday, February 28, 2015, 16:30

Smoking and consumption of other tobacco items will be more expensive, while an increase in service tax rate would make costlier a whole lot of other activities including air travel, eating out and paying bills.

MHA gets Rs 62,124.52 cr in budget, a 10.2% jump

Last Updated: Saturday, February 28, 2015, 16:20

Home Ministry was today allocated Rs 62,124.52 crore in the Union Budget, a modest 10.2 percent jump over the outlay in last fiscal, with special focus on safety of women, rehabilitation of Kashmiri Pandits and internal security.