Auto sector welcome EV boost, unhappy with excise rate

Last Updated: Saturday, February 28, 2015, 19:22

"We were looking forward to a stronger emphasis on the automobile industry from Budget 2015 but there doesn't seem to be much momentum on that front," Nissan India Operations President Guillaume Sicard told PTI.

Bullion firms welcome gold scheme, unhappy over duty status quo

Last Updated: Saturday, February 28, 2015, 19:19

The industry players, however, expressed disappointment over no reduction in customs duty on the metal.

What you must know about Arun Jaitley's Budget 2015

Last Updated: Saturday, February 28, 2015, 18:53

There will be no change in the personal income tax slabs and rate of tax for companies in respect of income earned in the finance year 2015-16, assessable in Assessment Year 2016-17.

Government raises farm credit target to Rs 8.5 lakh cr for 2015-16

Last Updated: Saturday, February 28, 2015, 17:24

The government has clubbed 10 major schemes, including National Food Security Mission, under the umbrella scheme "Krishionnati Yojana" to be implemented by states with central assistance of Rs 9,000 crore during the 2015-16 fiscal.

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.

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

Last Updated: Saturday, February 28, 2015, 16:52

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, 16:41

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.

Healthcare sector upbeat as Budget gives a booster dose

Last Updated: Saturday, February 28, 2015, 16:33

The healthcare industry has welcomed Budget proposals to increase tax exemption limits for health insurance cover and set up more AIIMS across India, saying such moves enable people's access to better facilities.

Budget 2015: Service Tax, Indirect Taxes to mop more money

Last Updated: Saturday, February 28, 2015, 15:47

The Finance Minister Arun Jaitley on Saturday announced a series of steps to broaden the tax base to garner more receipts.

Budget 2015: Employees Provident Fund to have two options

Last Updated: Saturday, February 28, 2015, 15:33

The Union Finance Minister Arun Jaitley on Saturday announced in his Budget speech that with respect to Employees Provident Fund (EPF), the employee needs to be provided two options.