Budget Today

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.

Greece to adopt more cuts, tax hikes for bailout cash 

May 23, 2016 at 07:34 | Source:PTI

After waves of protests over a string of unpopular reforms, lawmakers from the ruling leftist party are to approve today night a bill of over 7,000 pages that raises the sales tax cap and introduces a mechanism to slash spending further in case of budget overruns.

AirAsia suspends Goa-Kuala Lumpur flights from June 

May 10, 2016 at 17:46 | Source:PTI

Malaysian budget carrier AirAsia today said it has decided to suspend its flight services to Goa from Kuala Lumpur from next month, less than a year afterthe launch of the route with much fanfare.

Joint Parliament Standing Committee clears Bankruptcy Law: FM 

Apr 27, 2016 at 14:54 | Source:PTI

Finance Minister Arun Jaitley today said the Joint Parliament Standing Committee has cleared the Bankruptcy and Insolvency Code and is likely to be discussed in the current Budget Session of Parliament.

Govt nod for changes in bill on afforestation 

Apr 20, 2016 at 21:38 | Source:PTI

"The Union Cabinet chaired by the Prime Minister Narendra Modi today gave its approval to move official amendments in the Compensatory Afforestation Fund Bill, 2015," an official statement said.

IMF: Current Greece finance plans not realistic 

Apr 16, 2016 at 11:30 | Source:PTI

The International Monetary Fund said today that the fiscal projections underpinning Greece's proposals for moving ahead in its bailout program are not realistic.

Weight of directly elected house must always be maintained: FM 

Apr 07, 2016 at 13:18 | Source:PTI

Jaitley, who in May last year stated that Indian democracy faced a serious challenge with an 'indirectly elected' Upper House questioning the wisdom of 'directly elected' Lok Sabha, today said he will again be speaking to the Congress on the GST bill.

RBI cuts repo rate by 25 bps; keeps CRR unchanged 

Apr 05, 2016 at 11:00 |

The Reserve Bank of India (RBI) today heard the government's clarion call, cutting its policy repo rate by 25 basis points at the first bi-monthly monetary policy meeting of the fiscal year.

Jewellery sales may fall 40-50 tonnes in Jan-Mar on strike: ICRA 

Mar 28, 2016 at 18:28 | Source:PTI

The strike by jewellers entered 27th day today with a large number of jewellers and bullion traders across the country continuing with their protest against the Budget proposal.

No new bills this session as Centre sitting on 14 bills: Sisodia 

Mar 22, 2016 at 18:36 | Source:PTI

The Budget Session of Delhi Assembly began today and Sisodia said he was "saddened" over the delay on part of the Centre.

Jewellers' strike against 1% excise duty enters 21st day 

Mar 22, 2016 at 15:52 | Source:PTI

Most of the jewellers who had reopened their showrooms in confusion yesterday, kept shutters down today at Mumbai's Zaveri Bazar and several other places, demanding rollback of the proposal.

Jewellers end 18-day strike after assurance from FM 

Mar 20, 2016 at 18:50 | Source:PTI

Jewellers today called off their18-day old strike demanding rollback of proposed excise dutyon non-silver jewellery after government assured them thatthere will be no harassment by excise officials.

Maha Budget: Rs 25,000 crore outlay for agriculture 

Mar 18, 2016 at 17:52 | Source:PTI

Presenting the second Budget of the Fadnavis government today, Maharashtra Finance Minister Sudhir Mungantiwar raised the Motor Vehicle Tax on two and three wheelers.

'Aadhaar enabled e-KYC can save Rs 10,000 cr over next 5 yrs' 

Mar 18, 2016 at 17:12 | Source:PTI

Presenting the second Budget of the Fadnavis government today, Maharashtra Finance Minister Sudhir Mungantiwar raised the Motor Vehicle Tax on two and three wheelers.

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