Last Updated: Saturday, February 28, 2015, 21:27
To soothe investors' nerves, Finance Minister Arun Jaitley Saturday deferred the controversial General Anti-Avoidance Act (GAAR) by two years, saying its immediate applicability can create 'panic' in markets.
Last Updated: Saturday, February 28, 2015, 15:27
In his Budget Speech in the Lok Sabha here today, Arun Jaitley said this is expected to lead to higher level of investment, higher growth and more jobs.
Last Updated: Saturday, February 28, 2015, 14:39
Asserting that India's infrastructure is a mismatch with its growth ambitions, Finance Minister Arun Jaitley on Saturday proposed a sizeable Rs 70,000 crore increase in investment in the sector besides a slew of steps to spur its growth.
Last Updated: Saturday, February 28, 2015, 14:33
"Union budget 2015 is a budget with a clear vision. It is a budget that is progressive, positive, practical, pragmatic & prudent," Modi tweeted.
Last Updated: Saturday, February 28, 2015, 14:27
Though Finance Minister Arun Jaitley most indirect taxation proposal untouched, he did roll out a few changes along with allocations for a few key projects.
Last Updated: Saturday, February 28, 2015, 14:48
Full text of Union Budget 2015-16 speech by Finance Minster Arun Jaitley
Last Updated: Saturday, February 28, 2015, 13:59
Finance Minister Arun Jaitley today announced a 5 percent reduction in corporate tax over next four years, abolished wealth tax and replaced it with an additional 2 percent surcharge on super-rich individuals, while increasing service tax that will result in higher cost of variety of services.
Last Updated: Saturday, February 28, 2015, 16:29
The Finance Minister Arun Jaitley said that a very important dimension to India’s tax administration is the fight against the scourge of black money. This was in line with NDA government’s promise of crack the whip on offenders.
Last Updated: Saturday, February 28, 2015, 13:45
India will raise the import duty on steel by 5 percentage points from April 1, Finance Minister Arun Jaitley said on Saturday, to stem a flow of cheap supplies from China and Russia.
Last Updated: Saturday, February 28, 2015, 13:43
The Congress on Saturday dubbed the Union Budget presented by Finance Minister Arun Jaitley in the Lok Sabha as `jugglery of words`, and said that there has been no relief for the middle class and the lower income groups.
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