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Budget News

  • India Inc to pitch for simple IT laws in pre-Budget meet with FM

    India Inc to pitch for simple IT laws in pre-Budget meet with FM  

    They will also press for effective steps and policy actions to improve ease of doing business with a view to promote growth.

    08 Jan 2016, 4.56 pm  |  Source: PTI

  • Explained: Positives & negatives of GST on IT sector

    Explained: Positives & negatives of GST on IT sector   

    In a CNBC-TV18’s special series 'Hello GST', Menaka Doshi decodes the positives and negatives of GST for the information technology (IT) sector along with Sagar Shah, National Head - Indirect Tax, BDO India.

    08 Jan 2016, 4.53 pm  |  Source: CNBC-TV18

  • Banks may need to up fees or cost of loans if GST is implemented

    Banks may need to up fees or cost of loans if GST is implemented   

    In CNBC TV-18’s special series, Hello GST, V Lakshmikumaran, Managing Partner, Lakshmikumaran & Sridharan decodes the impact of the Goods and Services Tax (GST) on the banking sector.

    08 Jan 2016, 4.25 pm  |  Source: CNBC-TV18

  • Hello GST: How will it impact real estate sector?

    Hello GST: How will it impact real estate sector?   

    In CNBC-TV18's special series 'Hello GST', Menaka Doshi examines the impact of Goods and Services Tax (GST) on the real estate sector

    08 Jan 2016, 4.17 pm  |  Source: CNBC-TV18

  • GST negatives to outweigh benefits for mutual fund sector

    GST negatives to outweigh benefits for mutual fund sector   

    Will implementation of Goods and Services Tax (GST) be a positive or a negative for the mutual fund sector? In CNBC-TV18's special series 'Hello GST', Menaka Doshi analysis the same.

    08 Jan 2016, 4.09 pm  |  Source: CNBC-TV18

  • Software for e-connectivity of agri markets soon: Minister

    Software for e-connectivity of agri markets soon: Minister  

    Union Agriculture Minister Radha Mohan Singh today said the Centre will soon launch a new software to enable e-connectivity of agricultural markets in the country.

    08 Jan 2016, 12.00 pm  |  Source: PTI

  • Budget 2016: ASSOCHAM`s 8-point wish-list

    Budget 2016: ASSOCHAM's 8-point wish-list  

    After a meeting with Finance Minister Arun Jaitley, ASSOCHAM put out a list of recommendations that it wishes to see in Union Budget 2016.

    08 Jan 2016, 9.33 am  |  Source: Moneycontrol.com

  • Govt likely to give oil cess relief to domestic producers

    Govt likely to give oil cess relief to domestic producers   

    The Budget for 2016-17, the second full year Budget by Finance Minister Arun Jaitley is likely to make changes in the way Oil Industry Development Cess is levied to provide relief to companies like ONGC and Cairn India that are be...

    08 Jan 2016, 7.59 am  |  Source: PTI

  • Investments slump in Q3; but expert says not a time to panic

    Investments slump in Q3; but expert says not a time to panic   

    According to a CMIE report, only 383 projects were announced in Q3FY16 with an estimated investment of Rs 1 trillion, the lowest in the past 5 quarters.

    07 Jan 2016, 7.23 pm  |  Source: CNBC-TV18

  • Indian market is seriously undermining yuan fall: Dimensions

    Indian market is seriously undermining yuan fall: Dimensions   

    The Sensex today broke its psychological level of 25000 as the Nifty slipped 126.20 points or 1.63 percent to 7614.80 in the first hour of trade.

    07 Jan 2016, 7.23 pm  |  Source: CNBC-TV18

  • Govt says it accepts Congress`s demand on GST bill

    Govt says it accepts Congress's demand on GST bill  

    Venkaiah Naidu also said the government was willing to advance the upcoming parliament session to back the landmark tax reform if the Congress party was ready to support the measure.

    07 Jan 2016, 5.40 pm  |  Source: Reuters

  • IT sector seeks relief from double tax, retrospective orders

    IT sector seeks relief from double tax, retrospective orders  

    IT sector has asked the government to provide level playing field between the two. Representatives from leading IT companies including Tata Consultancy Services, Infosys, Wipro and HCL were also present in the meeting.

    07 Jan 2016, 5.18 pm  |  Source: PTI

  • India Inc pitches for clear roadmap on corporate tax reduction

    India Inc pitches for clear roadmap on corporate tax reduction  

    Industry bodies such as CII and Ficci suggested that the withdrawal of incentives should be in tandem with the reduction in corporate tax rate besides removal or reduction of minimum alternate tax (MAT).

    07 Jan 2016, 11.14 am  |  Source: PTI

  • Rural Development Min `seeks` extra fund from FM under MGNREGA

    Rural Development Min 'seeks' extra fund from FM under MGNREGA  

    "Since MGNREGA is a demand-driven wage employment programme and funds are required to be released to the states on demand being raised at field level, I request you to provide Rs 5,000 cr over and above the budget provision of Rs ...

    07 Jan 2016, 10.52 am  |  Source: PTI

  • Deficient monsoon: Is a big agri push on cards in Budget 2016?

    Deficient monsoon: Is a big agri push on cards in Budget 2016?  

    The government may be looking to significantly increase allocation to marque programmes such as the Pradhan Mantri Krishi Sinchai Yojana, Rashtriya Krishi Vikas Yojana, Pradhan Mantri Gram Sadak Yojana, and the one to provide soil...

    07 Jan 2016, 8.26 am  |  Source: Moneycontrol.com

  • CII, FICCI, Assocham table recommendations for Budget 2016 

    CII, FICCI, Assocham table recommendations for Budget 2016    

    The recommendations made by industry chambers CII, FICCI and Assocham along with export lobby FIEO take into account the possibility of a weaker demand and offer possible solutions to get the growth momentum going.

    06 Jan 2016, 10.43 pm  |  Source: CNBC-TV18

  • Industry seeks clear roadmap for corporate tax cut

    Industry seeks clear roadmap for corporate tax cut  

    India Inc today pressed for a clear roadmap for reduction in corporate tax rate from 30 per cent to 25 per cent in the forthcoming Budget. The industry chambers including CII and Ficci also suggested that the withdrawal of incenti...

    06 Jan 2016, 9.54 pm  |  Source: PTI

  • Give infrastructure status to industry: Broadcasters

    Give infrastructure status to industry: Broadcasters  

    Leading broadcasters today sought "Infrastructure Status" for the broadcasting industry, including direct-to-home (DTH) and cable sectors in a pre-Budget consultation with Finance Minister Arun Jaitley.

    06 Jan 2016, 8.21 pm  |  Source: PTI

  • After kerosene, it is now time for food and fert subsidy reforms

    After kerosene, it is now time for food and fert subsidy reforms  

    India's food subsidy for 2015-16 was estimated at around Rs 1.24 trillion. The government believes food subsidy savings through DBT will be much higher than that for LPG. To put things into perspective, the government hopes to sav...

    06 Jan 2016, 10.16 am  |  Source: Moneycontrol.com

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