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Budget 2014: Will Arun Jaitley's gamble on growth work for India?

Jul 11, 2014 at 10:30 | Source: FirstPost

Jaitley'sfirst budget is done. And how does it rate? Is it what the doctor ordered? Will it bring down inflation, boost investment, and set the economy on a new virtuous cycle of self-sustaining growth?Lets be clear. This is not a budget that breaks ...

Will India budget please the masses?

Jul 10, 2014 at 22:17 | Source: BBC

The first budget of the newly-elected Indian Prime Minister Narendra Modi's government seeks to raise revenues by divesting shares of government-owned enterprises and has raised limits on foreign investment in companies providing insurance servi...

India budget: Arun Jaitley unveils reform plans

Jul 10, 2014 at 20:57 | Source: BBC

India's new government is promising to bring back higher growth, with a budget including more scope for foreign investment, spending on infrastructure and a goods and services tax (GST). The finance minister also indicated there were plans to li...

Budget 2014: Why FM Jaitley will need lots of luck to deliver these promises

Jul 10, 2014 at 15:40 | Source: FirstPost

Jaitley'sfirst budget is done. And how does it rate? Is it what the doctor ordered? Will it bring down inflation, boost investment, and set the economy on a new virtuous cycle of self-sustaining growth?Lets be clear. This is not a budget that breaks ...

Budget 2014 Live: Need to take India's GDP growth back to 8-9%, says Jaitley

Jul 10, 2014 at 14:44 | Source: FirstPost

Don't think we should be satisfied with this budget, says Jaitley"I don't think I should be satisfied. We have to take India back to growth rate of 8 to 9 per cent," he said. Jaitley said he wished he could relieve small income earners of p...

Budget 2014 Tax Focus live: FM hikes tax on cigarettes upto 72%, fizzy drinks to cost more

Jul 10, 2014 at 13:00 | Source: FirstPost

And that's that. After the Finance Minister went on for over 2 hours, it's finally over and submitted to the Lok Sabha. 1:00 pm: Cigarettes to get a lot costlier, fizzy drinks tooExcise duty has been reduced for SMEs that are part of the footwear ind...

Budget 2014 Live: Rs 2.5 lakh tax-free, tax breaks for India Inc, FIIs

Jul 10, 2014 at 12:50 | Source: FirstPost

INDIRECT TAX PROPOSALS12.50pm: Most of the concessions for sectors are small and narrow. Wonder why these itsy-bitsy announcements should be read in the budget speech.TAX PROPOSALS12.45pm: Basic tax exemption limit raised to Rs 2.5 lakh, and Rs 3 lak...

Budget 2014 Tax Focus live: FM raises IT exemption limit to Rs 2.5 lakh for all tax payers

Jul 10, 2014 at 12:45 | Source: FirstPost

12:50 pm: Jaitley reduces import duties for manufacturing sectorJaitley said the government would review the Direct Tax Code and decide if it has to be continued as is or needs changes. With indirect tax, Jaitley said that to boost domestic manufactu...

India budget: What can we expect?

Jul 10, 2014 at 11:42 | Source: BBC

After sweeping to power in India's election with a pledge to fix the economy, the first budget of Prime Minister Narendra Modi is going to be keenly watched. And in the country where Bollywood is one of its greatest exports, one economist is usi...

Modi's mountain to climb

Jul 10, 2014 at 11:42 | Source: BBC

On the eve of the Modi government's first budget, India is in the grip of infectious optimism. Admittedly, doing the kind of job I do, I have been exposed to a limited cross-section of Indian society. But the business elite I have met in Mumbai ...

Budget 2014 Live: Speaker offers a break in middle of B-speech - a first

Jul 10, 2014 at 11:31 | Source: FirstPost

11.45am: So far there are too many small allocations for diverse schemes covering the poor, farmers, marginalised sections, etc, but none looks like having a major impact. But meanwhile, at the request of the finance minister, the speaker offers a br...

Budget 2014: Committed to GST, high level committee to clarify retrospective tax, says FM

Jul 10, 2014 at 11:30 | Source: FirstPost

The Finance Minister today said that the government was committed to not bringing any new taxes with retrospective effect in order to provide a stable taxation regime and also said that the government would aim to push through the contentious Goods a...

Budget 2014 Tax Focus live: No more retrospective taxes, GST coming soon, vows Jaitley

Jul 10, 2014 at 11:15 | Source: FirstPost

11:15 am: No more retrospective taxes, says JaitleyIn what may bring a smile to the foreign investor community, Jaitley said that the government is committed to not bring any changes to tax law restrospectively."I would like to convey to investo...

Budget 2014 Tax Focus live: I-T exemption hike unlikely, retrospective tax could go

Jul 10, 2014 at 09:29 | Source: FirstPost

10:00 am: What people are expectingHere's what some folks on Twitter are expecting:Today's budget must legislate measures to tax billions of dollars untaxed income in the hands of politicians, land kings, businessmen etc.— SubbaRao ...

Strategy to swell kitty

Jul 07, 2014 at 17:42 | Source: Calcutta Telegraph News

New Delhi, July 6: The Narendra Modi-government is looking to raise around Rs 1 lakh crore from divestment in state-run units and spectrum auction to part fund its maiden budget. The government has little leeway to raise tax even as higher crude pri...

Tax sops to fiscal prudence: Jaitley's maiden Budget to be a tightrope walk

Jul 06, 2014 at 14:24 | Source: FirstPost

Finance Minister Arun Jaitley's maiden Budget on Thursday is expected to be a tightrope walk of trying to meet demands for tax sops especially from the middle class and pursuing fiscal prudence to spur investment and growth.The Budget for 2014-15 wil...

How Budget 2014 can bring tax rationalisation back in India

Jul 04, 2014 at 15:36 | Source: FirstPost

One of the oft repeated items on every budget wish list this year is the reversal of retrospective amendments in the tax law. The current Modi government is faced with a catch 22 situation of increasing tax revenues to fund its ambitious infrastructu...

Budget 2014 will administer bitter pill for better days: Ravi Shankar Prasad

Jul 03, 2014 at 21:12 | Source: Economic Times

NEW DELHI: Tempering apprehensions of stern policies in Budget 2014, Law and Telecom Minister Ravi Shankar Prasad told ET Now, "The economy has to be administered a bitter pill for better days, but the government will work for the poor." Calling subs...

Best companies to work for 2014: List from 11 to 100

Jul 01, 2014 at 08:12 | Source: Economic Times

'India's Best Companies to Work For' is a study conducted by The Economic Times and Great Place to Work Institute, based on a methodology that has been validated the world over. This year, 600 organisations spanning 20 industry categories participat...

Narendra Modi's government plan image facelift to pull in slew of investments

Jun 30, 2014 at 12:12 | Source: Economic Times

NEW DELHI: The Narendra Modi government is considering the option of formally approaching the judiciary to find a way of dealing with tricky litigation and disputes that are holding up investments in the country, as it prepares an action plan for re...

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