• Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney IThe Winning Leap SME Special
Moneycontrol

Budget News

  • Budget 2016: Govt expects 11.7% rise in gross tax revenue in FY17

    Budget 2016: Govt expects 11.7% rise in gross tax revenue in FY17  

    As per the Budget documents, the government estimates gross tax revenue of Rs 16,30,888 crore in 2016-17 against revised gross tax revenue of Rs 14,59,611 crore in the current fiscal year -- a growth of 11.73 percent.

    29 Feb 2016, 6.52 pm  |  Source: PTI

  • Govt to borrow Rs 4.2 lakh crore in FY17

    Govt to borrow Rs 4.2 lakh crore in FY17  

    The Budgeted target for borrowing in current fiscal was Rs 4.5 lakh crore, but the government will raise only Rs 4.4 lakh crore from the markets, as per the Budget papers presented by Finance Minister Arun Jaitley in Parliament to...

    29 Feb 2016, 6.49 pm  |  Source: PTI

  • DDT exemption will pave way for REITs launch: Experts

    DDT exemption will pave way for REITs launch: Experts  

    "DDT is considered to be one of the biggest hurdles left in making REITs financially viable. The government has already taken various steps to ease path for REITs. With most of the hurdles getting removed, we may see introduction ...

    29 Feb 2016, 6.48 pm  |  Source: PTI

  • Budget 2016: Will review medium term fiscal framework, says govt

    Budget 2016: Will review medium term fiscal framework, says govt  

    Finance Minister Arun Jaitley has presented the Union Budget 2016-17. Catch live updates here.

    29 Feb 2016, 6.48 pm  |  Source: Moneycontrol.com

  • Budget 2016: S&P holds India sovereign rating, says govt debt a constraint

    Budget 2016: S&P holds India sovereign rating, says govt debt a constraint  

    S&P said it would wait for the government to improve its net debt and fiscal consolidation and does not expect to change India's BBB- rating with a 'stable' outlook until next year.

    29 Feb 2016, 6.48 pm  |  Source: Reuters

  • PM `fails` in Budget examination: Nitish

    PM 'fails' in Budget examination: Nitish  

    Mocking Modi, who had yesterday said he had an exam today with reference to the budget, Kumar said, "The result is out and he failed to pass." The Bihar Chief Minister also targeted the Centre for the compliance window for blackmo...

    29 Feb 2016, 6.47 pm  |  Source: PTI

  • Budget 2016: Successful Budget 2016, given global scenario: Arun Gopalan

    Budget 2016: Successful Budget 2016, given global scenario: Arun Gopalan  

    "We look at the Union Budget as a successful one, given the current global scenario, the space to maneuver was rather limited, says Arun Gopalan, Vice President, Research at Systematix Shares & Stocks.

    29 Feb 2016, 6.45 pm  |  Source: Moneycontrol.com

  • Budget 2016: Positive step to promote real estate growth: Kamal Khetan

    Budget 2016: Positive step to promote real estate growth: Kamal Khetan  

    Kamal Khetan – CMD, Sunteck Realty is of the view that the Finance Minister has taken a cautious, yet courageous path with his Budget announcements. It will reap long-term benefits for the economy on a whole.

    29 Feb 2016, 6.43 pm  |  Source: Moneycontrol.com

  • Budget 2016: Punjab farmers give `thumbs down` to Union Budget

    Budget 2016: Punjab farmers give 'thumbs down' to Union Budget  

    Noting that the Union Budget was "nothing but a mere statement", a farmers' outfit criticised the Centre for not announcing any step for implementing Swaminathan Commission report and waiving off mounting debt as demanded by farme...

    29 Feb 2016, 6.36 pm  |  Source: PTI

  • Budget 2016 is progressive: Tata Housing

    Budget 2016 is progressive: Tata Housing  

    Brotin Banerjee, Managing Director & CEO, Tata Housing Development Company is of the view that Budget announced this year is a progressive budget and indicated the Government's desire to move towards higher GDP.

    29 Feb 2016, 6.36 pm  |  Source: Moneycontrol.com

  • Budget 2016: Govt focused on development of agriculture sector: Alok Sanghi

    Budget 2016: Govt focused on development of agriculture sector: Alok Sanghi  

    The government has focused predominantly on the development of agriculture sector, which should aid rural demand generation, says Alok Sanghi, Director, Sanghi Industries.

    29 Feb 2016, 6.36 pm  |  Source: Moneycontrol.com

  • Budget 2016 is realistic, focus on rural, infra: Shashi Shetty

    Budget 2016 is realistic, focus on rural, infra: Shashi Shetty  

    Shashi Kiran Shetty, Founder & Chairman of Allcargo Logistics is of the view that it is a realistic budget with more focus on rural and infrastructure development while keeping the fiscal deficit in check.

    29 Feb 2016, 6.36 pm  |  Source: Moneycontrol.com

  • Budget 2016: Jaitley has `cleverly` made Opp`s job difficult, says Omar

    Budget 2016: Jaitley has 'cleverly' made Opp's job difficult, says Omar  

    "By not focusing the benefits of #UnionBudget2016 on the #suitboot (reference to corporate) people, @arunjaitley has cleverly made the opposition's job a bit tougher," Omar Abdullah tweeted.

    29 Feb 2016, 6.34 pm  |  Source: PTI

  • Budget 2016: Budget `mere rhetoric` without any vision: Opposition

    Budget 2016: Budget 'mere rhetoric' without any vision: Opposition  

    In a sharp attack on the government, Congress said it has "failed to create an immediate stimulus" to address economic challenges including employment generation with former Prime Minister Manmohan Singh holding that it lacked any...

    29 Feb 2016, 6.32 pm  |  Source: PTI

  • Budget 2016: Defence budget hiked by nearly ten percent

    Budget 2016: Defence budget hiked by nearly ten percent  

    However, Finance Minister Arun Jaitley made no mention of the defence allocation for 2016-17 in his Budget speech.

    29 Feb 2016, 6.27 pm  |  Source: PTI

  • Union Budget 2016-17: FM carved out well-balanced budget proposition: Naveen Surya

    Union Budget 2016-17: FM carved out well-balanced budget proposition: Naveen Surya  

    The Finance Minister has managed to carve out a well-balanced budget proposition with a good spread of focus across major sectors while addressing issues of business and economic relevance, says Naveen Surya, MD, ItzCash.

    29 Feb 2016, 6.24 pm  |  Source: Moneycontrol.com

  • Budget will be a great fillip to rural demand: Nabard Chairman

    Budget will be a great fillip to rural demand: Nabard Chairman  

    "Overall, this is a positive Budget for the rural sector that we cater to and the plans outlayed will help increase rural demand," Chairman HK Bhanwala told PTI when sought his comments on the Budget presented by Finance Minister ...

    29 Feb 2016, 6.24 pm  |  Source: PTI

  • Budget 2016: Agriculture, village, infra focus areas: Rajiv Gandhi

    Budget 2016: Agriculture, village, infra focus areas: Rajiv Gandhi  

    Rajiv Gandhi, CEO & MD, Hester Biosciences is of the view that agriculture, village and infra are focus areas of Budget 2016.

    29 Feb 2016, 6.21 pm  |  Source: Moneycontrol.com

  • Budget 2016: Expect action on monetary front by RBI, says Motilal Oswal

    Budget 2016: Expect action on monetary front by RBI, says Motilal Oswal   

    Raamdeo Agarwal, Motilal Oswal, says 1 percent infra cess on cars will not be a big dampener for auto companies.

    29 Feb 2016, 6.15 pm  |  Source: CNBC-TV18

  • Budget lacks flavour, says J Jayalalithaa

    Budget lacks flavour, says J Jayalalithaa  

    While expressing concern over the proposal to privatise road transport sector, Jayalalithaa, however, welcomed proposals such as the Health Insurance Scheme which she said was 'similar' to the one being implemented by her governme...

    29 Feb 2016, 6.12 pm  |  Source: PTI

  • Budget 2016: Tax incentives welcome, but more measures needed, say startups

    Budget 2016: Tax incentives welcome, but more measures needed, say startups  

    Travelkhana CEO and Co-Founder Pushpinder Singh said, "The Budget has been quiet on certain aspects (like GST) although some future actions have been promised. We would have to wait and watch out for those initiatives."

    29 Feb 2016, 6.11 pm  |  Source: PTI

  • Budget 2016: Jaitley pegs nominal GDP growth at 11% in FY17

    Budget 2016: Jaitley pegs nominal GDP growth at 11% in FY17  

    In Union Budget 2015-16, finance minister Arun Jaitley had said he expects the Indian economy to grow at 8-8.5 percent. However, it was later revised downward to 7.2 percent

    29 Feb 2016, 6.10 pm  |  Source: Moneycontrol.com

  • Budget proposes ad valorem based cess on crude oil

    Budget proposes ad valorem based cess on crude oil  

    At USD 35 per barrel oil price, this essentially means Oil and Natural Gas Corp (ONGC) will have to pay Rs 3,500 per ton cess on crude oil it produces from fields given to it on nomination basis. The same will be the rate for Cair...

    29 Feb 2016, 6.05 pm  |  Source: PTI

  • Positive Budget 2016 for real estate sector: Manju Yagnik

    Positive Budget 2016 for real estate sector: Manju Yagnik  

    A positive budget for the real estate sector says Manju Yagnik, Vice Chairperson, Nahar Group

    29 Feb 2016, 6.03 pm  |  Source: Moneycontrol.com

  • Great Budget 2016 for affordable housing: Rajesh Prajapati

    Great Budget 2016 for affordable housing: Rajesh Prajapati  

    100 percent tax deduction to entities constructing 30 sq metre houses in 4 metros n 60 sq mtrs in other areas is a major booster to the affordable housing sector, says Rajesh Prajapati, MD, Prajapati Constructions.

    29 Feb 2016, 6.01 pm  |  Source: Moneycontrol.com

  • Over Rs 7,290 cr allocated for AMRUT, `Smart Cities` in budget

    Over Rs 7,290 cr allocated for AMRUT, 'Smart Cities' in budget  

    The general Budget 2016-17 earmarked an amount of Rs 3,205 cr for the development of 100 smart cities across the country by 2020, while nearly Rs 4,091 crore for AMRUT.

    29 Feb 2016, 5.57 pm  |  Source: PTI

  • Budget 2016 gave strong growth direction to economy: Rana Kapoor

    Budget 2016 gave strong growth direction to economy: Rana Kapoor  

    Rana Kapoor, MD & CEO, YES Bank feels that FY17 Budget has provided a strong growth direction to the Indian economy. The Finance Minister has managed to balance the need to prioritise social sector requirements with economic and b...

    29 Feb 2016, 5.57 pm  |  Source: Moneycontrol.com

  • `Budget 2016 provides stimulus to drive growth in housing space`

    'Budget 2016 provides stimulus to drive growth in housing space'  

    This budget provides some of the long standing stimulus needed to drive growth in the segment, says Sriram Mahadevan, Business Head - Happinest, Mahindra Lifespaces.

    29 Feb 2016, 5.52 pm  |  Source: Moneycontrol.com

  • Budget 2016 has clear thrust for rural economy: Ritesh Jain

    Budget 2016 has clear thrust for rural economy: Ritesh Jain  

    The 2016-17 Union Budget has a clear thrust for the rural economy while taxing urban and the top of the pyramid consumption, says Ritesh Jain, CIO of Tata Asset Management.

    29 Feb 2016, 5.48 pm  |  Source: Moneycontrol.com

  • Budget 2016 India: Prioritised expenditure on rural, farm, infra: Naresh Takkar

    Budget 2016 India: Prioritised expenditure on rural, farm, infra: Naresh Takkar  

    The Union Budget has prioritised expenditure on the rural, farm and infrastructure sectors, with robust allocations for roads and railways that would support economic growth, says Naresh Takkar, MD & Group CEO, ICRA.

    29 Feb 2016, 5.48 pm  |  Source: Moneycontrol.com

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login