Egypt parliamentary poll looks set for delay after court ruling
Mar 01, 2015 at 20:16 | Source:
CAIRO (Reuters) - Egypt's parliamentary poll looks set to be delayed after a court ruled that part of an election law was unconstitutional and the main election committee said it was working on a new timetable for the long-awaited vote.President Abde...
Egypt election committee working on new poll timetable
Mar 01, 2015 at 18:30 | Source:
CAIRO (Reuters) - Egypt's main election committee said on Sunday it was working on a new timetable for a long-awaited parliamentary poll after a court ruled that an article in a law defining voting districts was unconstitutional.President Abdel Fatta...
Budget 2015: Super rich senior citizens to take biggest hit
Mar 01, 2015 at 16:41 | Source:
New Delhi: Individuals with an annual income of above Rs 10 lakh but below Rs 1 crore have emerged as the biggest beneficiaries of the new taxation proposals, if they are aged below 60 years, while the super rich above this age bracket will be hit th...
Black money holders will have one last chance to disclose overseas assets
Mar 01, 2015 at 15:31 | Source:
New Delhi: Indians holding black money abroad will be given a last chance to disclose their overseas bank accounts or wealth to the government and avoid a jail term.Revealing this, Minister of State for Finance Jayant Sinha on Sunday said the failure...
Budget 2015: Chidu is wrong to claim corporates are main gainers
Mar 01, 2015 at 15:14 | Source:
The more-or-less glum faces in India Inc even after the finance minister announced a four-stage cut in corporate taxes from 30 percent to 25 percent over four years tells its own story. It also gives the lie to former Finance Minister P Chidambaram's...
India budget to boost investment
Mar 01, 2015 at 12:22 | Source:
Indian PM Narendra Modi's government has unveiled a business-friendly budget aimed at attracting greater investment for the economy. Finance Minister Arun Jaitley announced an unprecedented corporate tax cut, in the government's first full ...
Budget 2015 low on big bang reforms; there's not much for housing
Mar 01, 2015 at 11:44 | Source:
In this year's budget, the Finance Minister has conveyed a message wherein the benefits lie only in the fine print. For the common man, though the cumulative savings implied by various provisions are stated to be to the tune of Rs. 4.44 lakh, this is...
Budget 2015 does nothing spectacular for the health of the economy
Mar 01, 2015 at 11:19 | Source:
Both on the expenditure and revenue side, a budget has to be judged by what it does to the maximum number of people. Corporate India responded to the 2015-16 budget with an apprehensive smile. It loves the postponement of GAAR and removal of wealth t...
No big bang reforms but budget 2015 goes for growth, investment
Mar 01, 2015 at 09:34 | Source:
Finance Minister Arun Jaitley on Saturday announced a budget that put boosting growth before painful reforms, slowing the pace of fiscal deficit cuts and seeking to put domestic and foreign capital to work.In his first full-year budget since Prime Mi...
Expert views: Budget goes for growth, delays cut in fiscal deficit
Mar 01, 2015 at 03:15 | Source:
MUMBAI (Reuters) - Finance Minister Arun Jaitley on Saturday announced a budget aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost investment and ensure that ordinary people benefit.Jaitley set the cou...
No big bang, but budget goes for growth, investment
Mar 01, 2015 at 01:15 | Source:
NEW DELHI (Reuters) - Finance Minister Arun Jaitley on Saturday announced a budget that put boosting growth before painful reforms, slowing the pace of fiscal deficit cuts and seeking to put domestic and foreign capital to work.In his first full-year...
Budget 2015: Modi govt unleashes war on black money like never before
Feb 28, 2015 at 16:43 | Source:
By N MadhavanThe Narendra Modi government has unleashed a war on black money like never before. A new law with very heavy penalties has been promised.The first and foremost pillar of my new tax proposals is to effectively deal with the problem of bla...
Budget 2015: Wealth tax out, super rich will shell out 12% surcharge
Feb 28, 2015 at 16:29 | Source:
Asking rich and wealthy to pay higher tax, Finance Minister Arun Jaitley on Saturday abolished the wealth tax but increased the surcharge to 12% on individuals earning Rs 1 crore and above annually and on firms with an annual income of Rs 10 crore or...