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

Budget News

  • Budget tries to satisfy interest of Modi, Moody`s: Tharoor

    Budget tries to satisfy interest of Modi, Moody's: Tharoor  

    The government has been meeting its fiscal deficit targets on the back of the aam aadmi instead of boosting the real incomes of the poor by cutting indirect taxes, Tharoor said.

    11 Mar 2016, 11.12 am  |  Source: PTI

  • Govt to set up panel to review fiscal deficit target soon

    Govt to set up panel to review fiscal deficit target soon  

    In his Budget speech last month, Finance Minister Arun Jaitley had said there is now a school of thought which believes that instead of fixed numbers as fiscal deficit targets, it may be better to have a fiscal deficit range as th...

    10 Mar 2016, 11.39 am  |  Source: PTI

  • BJP asks MPs to take Budget to the people

    BJP asks MPs to take Budget to the people  

    At a meeting of the BJP parliamentary party, where Prime Minister Narendra Modi was present, party chief Amit Shah told MPs that the they should take "Budget to the people" by highlighting the schemes and ensure that the benefits ...

    09 Mar 2016, 5.37 pm  |  Source: PTI

  • Jewellery exporters seek excise duty rollback

    Jewellery exporters seek excise duty rollback  

    Members of over 358 associations related to jewellery trade and related businesses are on strike since March 2 to demand withdrawal of the proposed 1 percent excise duty announced in the Union Budget.

    09 Mar 2016, 8.21 am  |  Source: PTI

  • FM rolls back Budget proposal to tax EPF

    FM rolls back Budget proposal to tax EPF   

    Finance Minister Arun Jaitley today said the government will roll back its Budget proposal that sought to levy tax on withdrawal of funds from Employee Provident Fund (EPF).

    08 Mar 2016, 9.58 pm  |  Source: PTI

  • Tax on EPF withdrawal rolled back after I pressured govt: Rahul

    Tax on EPF withdrawal rolled back after I pressured govt: Rahul  

    Rahul Gandhi had urged Prime Minister Narendra Modi to roll back the proposal for taxing EPF withdrawals to instil confidence among employees.

    08 Mar 2016, 9.25 pm  |  Source: IBNLive.com

  • FM Jaitley may announce relief on EPF tax proposal

    FM Jaitley may announce relief on EPF tax proposal  

    The Finance Minister is expected to speak on EPF tax proposal in the Lok Sabha after 12 noon. Modi had reportedly asked Jaitley to reconsider the Budgetary proposal under which a part of the EPF withdrawal will be taxed, according...

    08 Mar 2016, 4.26 pm  |  Source: IBNLive.com

  • Union Budget 2016-17: Govt commitment to modernise agri mkt a welcome move

    Union Budget 2016-17: Govt commitment to modernise agri mkt a welcome move  

    An all-time high agricultural credit of Rs. 9 lakh crore as well as provision of Rs. 15000 crore towards interest subvention to reduce burden of loan repayment is a very important announcement.

    08 Mar 2016, 3.28 pm  |  Source: Moneycontrol.com

  • EPF tax withdrawal big victory for 2.5 lakh people: Change.org

    EPF tax withdrawal big victory for 2.5 lakh people: Change.org  

    The petition, which was started by a finance professional from Gurgaon, Vaibhav Aggarwal, had got the support of over 2.5 lakh people who sought urgent and immediate withdrawal of EPF tax that was announced in the Budget.

    08 Mar 2016, 3.17 pm  |  Source: PTI

  • `EPF rollback, a victory for common people`: Mamata Banerjee

    'EPF rollback, a victory for common people': Mamata Banerjee  

    Mamata Banerjee statement came soon after union Finance Minister Arun Jaitley withdrew his Budget proposal to tax employees' provident fund (EPF) at withdrawal.

    08 Mar 2016, 2.31 pm  |  Source: PTI

  • Jewellers strike against excise duty enters 7th day

    Jewellers strike against excise duty enters 7th day  

    All India Sarafa Association Vice-President Surinder Kumar Jain said the strike will go on for an indefinite period until the government rolls back the proposal.

    08 Mar 2016, 2.18 pm  |  Source: PTI

  • Direct benefit transfer for fertilisers a welcome step: RCF

    Direct benefit transfer for fertilisers a welcome step: RCF   

    In an interview with CNBC-TV18, RG Rajan, CMD of RCF said that the direct benefit transfer for fertilisers announced in the Budget is a 'welcome step'.

    08 Mar 2016, 12.31 pm  |  Source: CNBC-TV18

  • Industry hails proposal for tax benefit on NPS scheme

    Industry hails proposal for tax benefit on NPS scheme  

    So, while the government's decision to tax 40 percent withdrawal under PF comes as a taxing step for EPFO, it has come as a bonanza for the pension fund industry as it hopes that the move will help increase investment coming under...

    08 Mar 2016, 9.02 am  |  Source: PTI

  • Jewellers extend strike for indefinite period

    Jewellers extend strike for indefinite period  

    Jewellers have been on a strike since March 2, protesting against the proposed excise duty imposition on non-silver jewellery items made in the Budget 2016-17 as well mandatory quoting of PAN by customers for transaction of Rs 2 l...

    08 Mar 2016, 8.31 am  |  Source: PTI

  • Sensex zooms post Budget, gains nearly 1500 points

    Sensex zooms post Budget, gains nearly 1500 points  

    Despite initial scare on proposal like tax on higher dividend distribution, the much awaited Budget saw bulls prevailing upon the bears as investors digested Finance Minister's resolve for fiscal prudence and keep deficit at 3.5 p...

    05 Mar 2016, 3.17 pm  |  Source: PTI

  • Budget bring positive announcements for house buyers: Credai

    Budget bring positive announcements for house buyers: Credai  

    The Credai members also thanked the Urban Development Minister Venkaiah Naidu for his stewardship of real estate sector and suggested that affordable housing should be defined as units up to 60 square meters in metros and 90 squar...

    05 Mar 2016, 1.48 pm  |  Source: PTI

  • Jewellers extend pan-India strike till March 7

    Jewellers extend pan-India strike till March 7  

    GJF along with All India Jewellery Associations has decided to extend the strike till March 7. Jewellers went on strike for three days from March 2.

    04 Mar 2016, 9.58 pm  |  Source: PTI

  • Food processing sector gets $385.45 mn FDI till Dec in FY16

    Food processing sector gets $385.45 mn FDI till Dec in FY16  

    According to the data shared by Minister of State for Food Processing Sadhvi Niranjan Jyoti in a written reply in Rajya Sabha, the sector has attracted USD 5,285.66 million FDI during April 2012 to December 2015.

    04 Mar 2016, 3.36 pm  |  Source: PTI

  • FDI in food processing: Govt to issue specific details

    FDI in food processing: Govt to issue specific details  

    In the Budget 2016-17, Finance Minister Arun Jaitley has announced 100 percent FDI through government approval route in the marketing of food products produced and manufactured in India.

    04 Mar 2016, 3.36 pm  |  Source: PTI

  • 1% cut in corporate taxes to cost exchequer Rs 15,000 cr: Adhia

    1% cut in corporate taxes to cost exchequer Rs 15,000 cr: Adhia  

    "The Finance Minister had his own limitations in terms of resources... You know how much the bill is going to come for 1 percent deduction? It means the government has to take a hit of Rs 15,000 crore," Revenue Secretary Hasmukh A...

    04 Mar 2016, 12.02 pm  |  Source: PTI

  • Infra spending unlikely to boost domestic steel demand: Fitch

    Infra spending unlikely to boost domestic steel demand: Fitch  

    The government has allocated a total outlay of Rs 2.21 lakh crore in the Budget for 2016-17 to boost infrastructure in the country.

    04 Mar 2016, 11.40 am  |  Source: PTI

  • Budget is very innovative, creative and smart: Amitabh Kant

    Budget is very innovative, creative and smart: Amitabh Kant  

    "Budget has been a very innovative and creative and a very smart budget. It has provided huge thrust to agriculture sector... an impetus to infrastructure. Allocation for social sector like health has gone up," Kant said in a hack...

    04 Mar 2016, 11.19 am  |  Source: PTI

  • How Union Budget 2016 affects the salaried class

    How Union Budget 2016 affects the salaried class  

    While the government wants to offer some benefit to economically weaker sections of the society, there is also an attempt to bring in change by making pensions available to public at large.

    04 Mar 2016, 11.11 am  |  Source: Moneycontrol.com

  • Budget 2016: This five point agenda for personal taxation you shouldn’t miss

    Budget 2016: This five point agenda for personal taxation you shouldn’t miss  

    Alok Patnia explains government’s five point agenda for personal taxation in India.

    04 Mar 2016, 11.00 am  |  Source: Moneycontrol.com

  • RBI pores over Budget, worries on fiscal math

    RBI pores over Budget, worries on fiscal math  

    Finance Minister Arun Jaitley increased spending on farm and social sectors in the 2016-17 fiscal year on Monday in a boost to rural India, where most of the country's 1.3 billion people live.

    04 Mar 2016, 8.10 am  |  Source: Reuters

  • Railway contracts to be awarded online soon: Suresh Prabhu

    Railway contracts to be awarded online soon: Suresh Prabhu  

    The sale of scrap is currently online in the Railways while the procurement and submission of tendering documents are also on e-platform. Railways is playing a significant role in providing connectivity and currently our primary f...

    04 Mar 2016, 8.04 am  |  Source: PTI

  • Rahul Gandhi demands rollback of proposed EPF withdrawal tax

    Rahul Gandhi demands rollback of proposed EPF withdrawal tax  

    "EPF is the safety net of the employees and imposing a tax on this is wrong. I will urge the Prime Minister to announce... that the tax will be rolled back," Rahul Gandhi said.

    04 Mar 2016, 8.01 am  |  Source: PTI

  • Budget 2016 is transformational and balanced: EY

    Budget 2016 is transformational and balanced: EY   

    Mark Weinberger, Global Chairman & CEO at EY, is skeptical about the government's retrospective tax solution in the Budget.

    04 Mar 2016, 7.59 am  |  Source: CNBC-TV18

  • `Quantum jump` in Budget allocation for Northeast:Jitendra Singh

    'Quantum jump' in Budget allocation for Northeast:Jitendra Singh  

    There has been a "quantum jump" in allocation for the Northeast in the Union budget 2016-17 and it will help all-round development of the region, Union Minister for Development of North Eastern Region (DoNER) Jitendra Singh said o...

    03 Mar 2016, 8.44 pm  |  Source: PTI

  • Budget 2016: Cheer for farmers, salaried get peanuts; no extra bank recap

    Budget 2016: Cheer for farmers, salaried get peanuts; no extra bank recap  

    The farming sector has been allocated around Rs 36,000 crore, while spending on irrigation has been trebled to around Rs 17,000 crore. Around Rs 5,500 crore has been earmarked for the crop insurance scheme, and Rs 19,000 crore for...

    03 Mar 2016, 6.05 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