Budget 2015 16
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Faster Than China? India's Road, Rail Drive Could Lay Doubts to Rest
Having roughly doubled spending allocations for roads and bridges in fiscal 2015/16, and raised the rail budget by a third, PM Modi is banking on India going faster.
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Government Plans New Oil Subsidy Rules to Push ONGC Stake Sale
The government hopes to sell shares in ONGC and India Oil Corp. to raise about a third of its budget target for asset sales of $11 billion - and reduce its fiscal deficit to 3.9 per cent of GDP in the 2015/16 fiscal year.
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India's Economy Recovering, Reforms Vital: IMF
That is less optimistic than the forecasts in Prime Minister Narendra Modi's annual budget, which foresees growth of up to 8.5 per cent in 2015/16 - making India the world's fastest-growing large economy ahead of China.
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Jaitley Gives Rs 50,000 Extra Tax Deduction on NPS: Should You Invest?
The extra deduction of Rs 50,000 on NPS can help those in the highest tax bracket of 30 per cent save an additional Rs 16,000 in taxes. Those in 20 per cent tax bracket can save over Rs 10,000 while those in 10 per cent can save over Rs 5,000.
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State Bank of Travancore Cuts Base Rate to 10.15%
The new rates will be applicable from March 16, 2015, it added.
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Live Updates: Mines Bill Passed in Rajya Sabha
Mines & Minerals (Development and Regulation) Amendment Bill 2015.
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RBI Act to be Amended to Form Monetary Policy panel
The act would be amended in the 2015/16 fiscal year.
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Budget Goes for Growth, Delays Cut in Fiscal Deficit
Mr Jaitley set the country's fiscal deficit target for the 2015/16 fiscal year at 3.9 per cent of gross domestic product.
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Please Sit Down if Needed, Finance Minister Jaitley Urged. He did.
India's gross domestic product (GDP) in the fiscal year 2015/16 is expected to grow between 8 and 8.5 percent, the Finance Minister said in his presentation to parliament.
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Government May Target 8% Growth in Budget: Report
Revisions to India's economic output data mean that Finance Minister Arun Jaitley's upcoming budget should assume that the economy will grow by at least 8 per cent in the 2015/16 fiscal year, a government source told Reuters on Tuesday.
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Government to Boost Public Spending on Infrastructure
Concerned over slow economic growth, some government aides are also pushing to row back on fiscal deficit targets when Jaitley announces the 2015/16 budget next month. They have advocated more spending on infrastructure projects that could lift growth.
-
Bimal Jalan to Head Commission on Subsidy Reforms
The panel will be headed by Bimal Jalan, former governor of the Reserve Bank of India, and will submit its interim report before the 2015/16 annual budget to be presented in Feb 2015.
-
Faster Than China? India's Road, Rail Drive Could Lay Doubts to Rest
Having roughly doubled spending allocations for roads and bridges in fiscal 2015/16, and raised the rail budget by a third, PM Modi is banking on India going faster.
-
Government Plans New Oil Subsidy Rules to Push ONGC Stake Sale
The government hopes to sell shares in ONGC and India Oil Corp. to raise about a third of its budget target for asset sales of $11 billion - and reduce its fiscal deficit to 3.9 per cent of GDP in the 2015/16 fiscal year.
-
India's Economy Recovering, Reforms Vital: IMF
That is less optimistic than the forecasts in Prime Minister Narendra Modi's annual budget, which foresees growth of up to 8.5 per cent in 2015/16 - making India the world's fastest-growing large economy ahead of China.
-
Jaitley Gives Rs 50,000 Extra Tax Deduction on NPS: Should You Invest?
The extra deduction of Rs 50,000 on NPS can help those in the highest tax bracket of 30 per cent save an additional Rs 16,000 in taxes. Those in 20 per cent tax bracket can save over Rs 10,000 while those in 10 per cent can save over Rs 5,000.
-
State Bank of Travancore Cuts Base Rate to 10.15%
The new rates will be applicable from March 16, 2015, it added.
-
Live Updates: Mines Bill Passed in Rajya Sabha
Mines & Minerals (Development and Regulation) Amendment Bill 2015.
-
RBI Act to be Amended to Form Monetary Policy panel
The act would be amended in the 2015/16 fiscal year.
-
Budget Goes for Growth, Delays Cut in Fiscal Deficit
Mr Jaitley set the country's fiscal deficit target for the 2015/16 fiscal year at 3.9 per cent of gross domestic product.
-
Please Sit Down if Needed, Finance Minister Jaitley Urged. He did.
India's gross domestic product (GDP) in the fiscal year 2015/16 is expected to grow between 8 and 8.5 percent, the Finance Minister said in his presentation to parliament.
-
Government May Target 8% Growth in Budget: Report
Revisions to India's economic output data mean that Finance Minister Arun Jaitley's upcoming budget should assume that the economy will grow by at least 8 per cent in the 2015/16 fiscal year, a government source told Reuters on Tuesday.
-
Government to Boost Public Spending on Infrastructure
Concerned over slow economic growth, some government aides are also pushing to row back on fiscal deficit targets when Jaitley announces the 2015/16 budget next month. They have advocated more spending on infrastructure projects that could lift growth.
-
Bimal Jalan to Head Commission on Subsidy Reforms
The panel will be headed by Bimal Jalan, former governor of the Reserve Bank of India, and will submit its interim report before the 2015/16 annual budget to be presented in Feb 2015.
