Budget Today

Cabinet may consider advancing Budget to February 1 today 

Oct 27, 2016 at 07:50 | Source:PTI

Sources said the Cabinet headed by Prime Minister Narendra Modi is likely to meet tomorrow to decide on the date on which Finance Minister Arun Jaitley will present the Budget for 2017-18.

Defence budget hike needed to pay for new purchases: Report 

Oct 18, 2016 at 22:26 | Source:PTI

Having signed the 8.8-billion-euro Rafale deal, the government will have to increase the defence budget midway through this financial year to pay for new orders, domestic brokerage ICICI Securities said today.

CCPA to decide date for Winter Session today 

Oct 13, 2016 at 08:22 | Source:PTI

The Winter Session is normally convened in the third or fourth week of November but this year the government is looking at starting the month-long session immediately after the end of festive season.

Major rejig in management team of AirAsia India 

Oct 07, 2016 at 18:26 | Source:PTI

In a major reshuffle in itsmanagement team, budget carrier AirAsia India today announceda series of appointments, including that of heads of flightoperations, legal and strategy and planning.

Finmin officials to brief MPs on Budget reforms today 

Oct 06, 2016 at 09:52 | Source:PTI

The Parliamentary Standing Committee on Finance headed by by former Union Minister and senior Congress leader M Veerappa Moily will deliberate on the Budget reforms.

Day 3: Spectrum auction gets bids worth Rs 59,981 cr so far 

Oct 04, 2016 at 18:54 | Source:PTI

Spectrum auction received additional bids worth Rs 3,100 crore on the third day today to take total commitments to Rs 59,981 crore, leaving two-thirds of total quantum of on-offer airwaves unsold as bidders stayed away from high-cost 700 Mhz and 900 Mhz bands.

SpiceJet announces festival sale; tickets starting at Rs 888 

Oct 04, 2016 at 13:00 | Source:PTI

The flights under the offer can be booked from today till October 7 while the journey can be undertaken between November 8 and April 13 next year, SpiceJet said in a release.

Cabinet to discuss Union Budget presentation on February 1 today 

Sep 21, 2016 at 08:12 | Source:PTI

The proposal for advancing of the Budget and the merger of the railway Budget with it will be considered tomorrow at a meeting of the union Cabinet to be chaired by Prime Minister Narendra Modi, who has been pushing for it.

Advancing Budget to leave govt with lesser fiscal data: ICRA 

Sep 20, 2016 at 18:26 | Source:PTI

As the government looks toadvance the Union Budget presentation by a month toJanuary-end, rating agency ICRA today flagged concerns aboutavailability of lesser data, saying advance GDP estimates aswell as corporate tax filings are available only in February.

Kerala govt to raise funds through KIIFB to boost investment 

Sep 16, 2016 at 14:16 | Source:PTI

State Finance Minister T M Thomas Issac today said it will take at least three years for the government to bring the state's budget to a normal state but this situation would not be allowed to impact its investment plans.

Ideal GST rate: CEA says prudent to err on side of low rates 

Sep 08, 2016 at 20:25 | Source:CNBC-TV18

In an interview with CNBC-TV18, Chief Economic Advisor Arvind Subramanian, who headed a panel that suggested a benchmark GST rate, said the government should try to keep as low a GST rate as possible, as this would boost compliance.

Sensex flat; Tata Motors near record high, Federal-Mogul up 20% 

Sep 07, 2016 at 12:00 |

Tata Motors is near to its record high of Rs 601.95 touched on January 27, 2015 and today's intraday high is Rs 598.60. It surged 99 percent from its Budget day lows.

Concerned MHA tells officers to use 50 per cent budget by Sep 

Aug 30, 2016 at 20:50 | Source:PTI

Concerned over slow spending, Union Home Minister Rajnath Singh today asked officers of his ministry to ensure utilisation of 50 per cent of over Rs 75,000 crore budget by next-month end.

Finmin issues norms to enhance efficiency of public schemes 

Aug 10, 2016 at 17:14 | Source:PTI

"In order to build a growth friendly eco-system, financial processes and systems are as important as the fund allocations," the Finance Ministry said in a statement today.

Govt examining suggestion to phase out Rail Budget 

Aug 06, 2016 at 15:18 | Source:PTI

Finance Ministry is examining the suggestions of Bibek Debroy panel, which among other things had suggested phasing out separate railways budget, Parliament was informed today.

Assam Budget session begins on stormy note 

Jul 18, 2016 at 18:12 | Source:PTI

Assam Assembly's Budget session began on a stormy note today as both Opposition and ruling party members raised slogans against each other over the auction of 12 oilfields and price rise following hike in VAT, leading to a brief adjournment and walkout.

Govt may announce recapitalisation of PSU banks today: Sources 

Jul 15, 2016 at 13:47 | Source:CNBC-TV18

The government is likely to announce PSU bank capital infusion today, confirmed the government officials to CNBC-TV18's Sapna Das. Out of the total budget of Rs 25,000 crore, about Rs 12,000-RS 15,000 crore is expected to be used in the first tranche of the process.

Committee invites public comments on review of FRBM roadmap 

Jun 01, 2016 at 21:52 | Source:PTI

Comments and suggestions have been sought from stakeholders and general public on the Fiscal Responsibility and Budget Management (FRBM) Act till June 30, the Finance Ministry said today.

Krishi Kalyan cess to further pinch consumers pockets from today 

Jun 01, 2016 at 08:41 |

The Krishi Kalyan cess of 0.5 percent was announced in this years Budget speech in February by the Finance Minister, which is effective from June 1, 2016 i.e. Wednesday.

Railways launch RO-RO service to attract more loadings 

May 26, 2016 at 10:46 | Source:PTI

Railways today launched a new service 'Ro-Ro' to carry loaded trucks on goods train in a bid to attract more loadings and reduce carbon emission.

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