Budget 2015: Tax hike for Super Rich

Last Updated: Saturday, February 28, 2015, 13:32

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, 13:26

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

Union Budget 2015: Tax implications

Last Updated: Saturday, February 28, 2015, 13:09

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

India to unveil budget under pressure to deliver reforms

Last Updated: Saturday, February 28, 2015, 04:21

Prime Minister Narendra Modi`s right-wing government will unveil its first full budget on Saturday, a day after announcing the time was ripe for long-awaited reforms to kickstart the economy.

Test for reform zeal of Modi in make-or-break budget

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

Prime Minister Narendra Modi`s stomach for free-market economics faces a major test on Saturday, in a budget India`s top economic advisor has warned could wreck the leader`s promises of "good days" if there`s no roadmap to reform.

Oppn parties slam WB Budget, term it as docu aimed at polls

Last Updated: Friday, February 27, 2015, 20:32

Terming the Budget presented in the state Assembly today as a document of 'misinformed figures', the opposition parties said it is being placed keeping in mind the elections next year.

End negative protection to boost 'Make in India': Survey

Last Updated: Friday, February 27, 2015, 20:14

To promote 'Make in India' campaign, the government needs to shield domestic companies from foreign competition and eliminate those exemptions that work as 'negative protection', suggested the Economic Survey.

Economic Survey calls for lifting countervailing duty on imports

Last Updated: Friday, February 27, 2015, 20:12

Towards ensuring a successful Make in India programme, the finance ministry`s Economic Survey 2014-15 Friday proposed elimination of exemptions in countervailing duties (CVD) and special additional duties on imports to provide a level playing field to domestic industry.

Economic Survey pitches for pan-India GST

Last Updated: Friday, February 27, 2015, 19:54

Introduction of the goods and services tax (GST) would make Indian products competitive in domestic and international markets, the Economic Survey of 2014-15 said, adding that studies have shown that it would instantly spur economic growth.

Analysts sceptical about achievability of survey targets

Last Updated: Friday, February 27, 2015, 19:43

Analysts have welcomed the Economic Survey as it points to the strengthening of the macroeconomic fundamentals, even as some expressed scepticisms on achieving the growth targets spelt out in the annual document.

Skilling India key to reviving manufacturing, jobs: Eco Survey

Last Updated: Friday, February 27, 2015, 19:14

Skill development on a mass scale will enable the `Make in India` initiative of the government succeed and revive the manufacturing sector to create more jobs, says the economic survey for 20014-15.

Realty industry seeks clarity on REITs, FDI in budget

Last Updated: Friday, February 27, 2015, 19:11

The realty industry has high expectations from Finance Minister Arun Jaitley's Budget to be announced tomorrow, as it wants clarity on Real Estate Investment Trusts (REITs) and foreign direct investment in the sector.