Aug 18, 2014 at 09:45 | Source: Moneycontrol.com
Arora Fibres had made a provision of Rs 30,246,000 for payment of Excise Duty during the year 2011-2012. This was necessitated by retrospective amendment in the union budget 2012. The Finance Act 2014 as passed by the Parliament has done away with this retrospective amendment providing relief for the Company.
Aug 02, 2014 at 17:48 | Source: Moneycontrol.com
In terms of relief to the housing sector, the budget has allocated Rs. 4,000 Crores for low-cost housing schemes. Additionally, the budget has also enhanced the deduction limit on interest payment for housing loans from Rs. 1.5 lakhs to Rs. 2 lakhs.
Jul 24, 2014 at 22:20 | Source: CNBC-TV18
Finance Minister Arun Jaitley says it is too early to say whether the Indian economy is getting out of a challenging situation. Jaitley was replying to the debate on the Union Budget 2014 in the Rajya Sabha. He said the recent data only showing initial signs of inflation coming down.
Jul 24, 2014 at 20:28 | Source: CNBC-TV18
A panel of experts discuss whether the Budget has delivered the goods for Young India and what more the government needs to do hereon.
Jul 24, 2014 at 11:16 | Source: Moneycontrol.com
The cabinet has approved raising foreign direct investment (FDI) limit in insurance sector to 49 percent from 26 percent earlier. Finance Minister Arun Jaitley in his maiden Union Budget 2014 had proposed to hike FDI in insurance.
Jul 23, 2014 at 11:45 | Source: Moneycontrol.com
It is not going to be a secular straight line run on the market and investors need to be cautious on the risks associated.
Jul 23, 2014 at 10:47 | Source: CNBC-TV18
With key event the Union Budget out of markets way, Jeff Chowdhry, head of emerging market equities, F&C Investments sees big-sized global funds to drive the Indian stock market from hereon.
Jul 16, 2014 at 14:18 | Source: Moneycontrol.com
Team Modis two keys tests, the Railway Budget and Union Budget 2014 are out of way. Both the events were seen as key market drivers, but received mixed reviews from India Inc and global investors. Many felt that it was long on intent, but short on specifics.
Jul 15, 2014 at 21:47 | Source: CNBC-TV18
The other big fillip to the state comes on the solar water pump front, a mode of irrigation that farmers in the state are heavily dependent on. Again, the union budget provides for more of these to be set up but remains vague on capital investment.
Jul 15, 2014 at 20:54 | Source: Moneycontrol.com
According to S Naren what happens to equity market may not be key focus for the new government. Instead they could be looking at job creation; reducing inflation and reducing interest rates, which will bring an overall improvement in the economy.