Budget 2015-16

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Budget 2015: Tax hike for Super Rich

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

The Finance Minister proposed no change in the rate of personal income tax and rate of tax for companies in respect of income earned in the finance year 2015-16, assessable in Assessment Year 2016-17.

Budget 2015: Tax exemptions for middle class

Last Updated: Saturday, February 28, 2015, 16:27

Increase in the limit of deduction in respect of health insurance premium from Rs 15,000 to Rs 25,000.

Sensex trades flat after budget presentation

Last Updated: Saturday, February 28, 2015, 13:16

A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), Saturday traded flat in the afternoon trade session after Finance Minister Arun Jaitley presented budget 2015-16 in the Lok Sabha.

AP becomes first state to execute NOFN on its own

Last Updated: Saturday, February 28, 2015, 13:12

Andhra Pradesh has become the first state to opt for executing the National Optical Fibre Network (NOFN) on its own and the telecom department will reimburse the cost for the same, Finance Minister Arun Jaitley said today.

FM proposes setting up of autonomous banks board bureau

Last Updated: Saturday, February 28, 2015, 13:10

In order to improve governance of public sector banks, Finance Minister Arun Jaitley today proposed setting up autonomous banks board bureau for helping lenders raise capital for meeting expansion needs.

Union Budget 2015: Tax implications

Last Updated: Tuesday, March 10, 2015, 18:16

Finance Minister Arun Jaitley has proposed increasing the service tax rate and education cess to 14 percent from the current 12.36 percent.

Expert views: India budget goes for growth, delays cut in fiscal deficit

Last Updated: Saturday, February 28, 2015, 13:08

Finance Minister Arun Jaitley on Saturday announced a budget aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost investment and ensure that ordinary people benefit.

Nirbhaya fund doubled: Jaitley

Last Updated: Saturday, February 28, 2015, 13:02

Finance Minister Arun Jaitley Saturday doubled the budget of the Nirbhaya fund to Rs. 2,000 crore from Rs. 1,000 crore.

India to cut corporate tax to 25% over four years

Last Updated: Saturday, February 28, 2015, 13:04

India will reduce tax on businesses to 25 percent over four years from a current 30 percent, with a view to boosting spending and job creation, Finance Minister Arun Jaitley said on Saturday, when presenting the government`s full-year budget.