Property prices to rise marginally on hike in service tax

Last Updated: Saturday, February 28, 2015, 22:49

Property prices will rise slightly with proposed hike in service tax to 14 percent, according to real state industry associations CREDAI and NAREDCO.

Budget a bold roadmap to ease doing business in India: USIBC

Last Updated: Saturday, February 28, 2015, 22:46

A leading business body in the US Saturday hailed India's 2015-16 Budget as a bold roadmap for improving the ease of doing business in the country.

Govt to raise funds via infra bonds for railways, roads

Last Updated: Saturday, February 28, 2015, 22:41

The government has proposed to raise funds for railways, roads and irrigation sectors by issuing tax-free infrastructure bonds.

Duty rejig on petrol, diesel to give Rs 40K cr for road projs

Last Updated: Saturday, February 28, 2015, 22:39

Finance Minister Arun Jaitley Saturday rejigged excise duty on petrol and diesel to make available an additional Rs 40,000 crore for road and highway development.

Those opposing new Land Bill are against rural infra: FM

Last Updated: Saturday, February 28, 2015, 21:29

Dismissing charges of new Land Bill of the BJP-led NDA government being "anti-farmer", Finance Minister Arun Jaitley Saturday alleged those who are opposing it are against rural infrastructure creation.

India Inc cheers corporate tax cut, wealth tax abolition

Last Updated: Saturday, February 28, 2015, 19:42

India Inc on Saturday cheered the road map for lowering corporate taxation, abolition of wealth tax and steps to check black money menace, while calling the Union Budget a "visionary" document.

Footwear industry says duty cut to help competitiveness

Last Updated: Saturday, February 28, 2015, 19:40

The Budget proposal to reduce the excise duty on footwear with leather uppers and having retail price of over Rs 1,000 has been welcomed by the industry, saying the move will help increase competitiveness.

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.

Budget: Delhi Metro gets 22 per cent hike

Last Updated: Saturday, February 28, 2015, 18:56

The allocation of funds for Delhi Metro in the Union Budget has seen a 22 percent jump with it being alloted over Rs 4,200 crore as its network extends deeper into the National Capital Region.

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.

Budget 2015 evokes mixed reaction among real estate players

Last Updated: Saturday, February 28, 2015, 18:21

The real estate industry, which had pinned high hopes on the Union Budget for revival of the liquidity-starved sector, welcomed some of the proposals of Finance Minister Arun Jaitley, but said there was no clarity on development of 100 smart cities.