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.

Budget 2015: Air travel becomes costlier, Ai India to get Rs 2500 crore

Last Updated: Saturday, February 28, 2015, 17:04

First and business class air travellers would find flying costlier from the next fiscal with an almost 2 percent hike in service tax rate proposed in the general budget, which also earmarked Rs 2,500 crore for ailing Air India in 2015-16.

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.

Over Rs 208 crore earmarked for training of babus

Last Updated: Saturday, February 28, 2015, 15:38

Over Rs 208 crore has been allocated to the Ministry of Personnel for 2015-16 to augment its training facilities for bureaucrats.

Subsidy bill cut by 10% to Rs 2.27 lakh crore for 2015-16

Last Updated: Saturday, February 28, 2015, 15:35

Subsidies on food, fertiliser and petroleum have been reduced by over 10 percent to Rs 2.27 lakh crore for 2015-16, mainly due to a sharp cut in petroleum subsidies.

Budget: SIT on blackmoney gets 10 per cent hike

Last Updated: Saturday, February 28, 2015, 15:30

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.

We will build six crore toilets: Jaitley

Last Updated: Saturday, February 28, 2015, 15:21

The central government will achieve the target of building six crore toilets across the country under the Swachh Bharat Abhiyan, Finance Minister Arun Jaitley said while presenting the Union Budget 2015-16 Saturday.

Infrastructure, social spending priority areas: FM

Last Updated: Saturday, February 28, 2015, 15:10

The fiscal deficit of 3 percent will be met in three years instead of two, Finance Minister Arun Jaitley said in a post-Budget interview on Saturday.

Budget 2015: Govt gives new tax benefits for REITs, InviTs

Last Updated: Saturday, February 28, 2015, 14:14

In a fillip to investments in realty and infrastructure sectors, Finance Minister Arun Jaitley today rationalised capital gain tax regime for the sponsors of newly-created business structures REITs and INViTs.

Govt earmarks Rs 75 crore for electric vehicles in 2015-16

Last Updated: Saturday, February 28, 2015, 14:11

Finance Minister Arun Jaitley today earmarked Rs 75 crore for faster adoption and manufacturing of electric vehicles in 2015-16, a step which electric vehicles makers termed as a good beginning.

Govt to allow overseas investments in AIFs

Last Updated: Saturday, February 28, 2015, 14:08

Providing a fresh avenue for foreign investors, the government today announced allowing overseas investments in Alternative Investment Funds (AIFs) -- a new class of pooled-in investment vehicles for real estate, private equity and hedge funds, among others.

Coal auction to bring revenue windfall for states: Jaitley

Last Updated: Saturday, February 28, 2015, 14:03

Stating that auction of coal mines is one of the top three achievements of the government in its nine months' period, Finance Minister Arun Jaitley today said the process would bring several lakhs of crores of rupees to the kitty of coal-bearing states.