Budget 2015-16
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Cabinet Approves Two New AIIMS In Tamil Nadu And Telangana
The AIIMS in Tamil Nadu was announced in the Budget Speech of Finance Minister in 2015-16 and Ministry of Finance conveyed its in-principle approval for establishment of AIIMS in Telangana in April, 2018.
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Growth Falls To 7.1% In 2016-17 From 8.2% In 2015-16
Growth last year came in lower than the 8.2% rate for 2015-16. Central Statistics Office revised it upwards from its provisional estimate of 8%.
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1 Budget, 9 Elections: Big Year To Test PM Modi, Says Foreign Media
PM Modi gave the highest ever allocation to a rural job guarantee program in the current year ending March, and spent more on providing houses, drinking water and building rural roads.
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Transfer Allowed From Employees' Provident Fund To NPS: Pension Regulator
As per the rules, a member looking to transfer funds from Employees' Provident Fund or EPF to NPS must have an active NPS Tier-I account, which can be opened either through the employer where NPS is implemented or online through eNPS on the NPS Trust website.
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Government Makes No Allocation For Start-Up Fund For Next Fiscal
As per the Budget 2017-18 document, the government had made allocation of Rs 500 crore for 2015-16 when the fund was launched.
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Tax Incentives To Corporates To Cost Rs 83,492 Crore In FY17
As per the Budget document 2017-18, the revenue foregone stood at Rs 76,857.70 crore in the 2015-16 fiscal.
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Government May Make Aadhaar Must For Rail Concession In Budget 2017
The concessional tickets cost the Railways about Rs 1,600 crore in 2015-16, with the bulk being accounted for senior citizens.
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'Top Corporates In India Unprepared For Managing Forex Risks' : Report
Total forex exposure of these top corporates as at end financial year 2015-16 stood at Rs 19.5 trillion - the aggregate hedge cover of which was 36 per cent, the report said.
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Gold Imports Shrink 32% To $17.7 Billion In April-December 2016
Total imports of the precious metal in the corresponding period of 2015-16 stood at $26.4 billion.
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Railways Seeks Gross Budgetary Support Of Rs 50,000 Crore
Gross Budgetary Support (GBS) of Rs 40,000 crore was announced in the 2015-16 Rail Budget. However, the Finance Ministry for the current year had slashed it to Rs 28,000 crore, citing slow spending pace.
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Reliance Industries Shares Slump 3% On Q3
RIL, which owns the world's largest refining complex, earned $10.8 on turning every barrel of crude oil into fuel as compared to a gross refining margin of $11.5 in third quarter of 2015-16 fiscal.
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Income Tax Slab Rates For AY 2016-17 (FY 2015-16)
Income tax slab rates are reviewed by the government in Budget every year. But the tax slabs have not been changed for the last few years. Here is a primer on income tax slab rates for AY 2016-17 (FY 2015-16).
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MMTC To Auction Gold Collected Under Monetisation Scheme: Report
State-owned trading firm MMTC to e-auction the precious metal collected by the government under the Gold Monetisation Scheme in lots of five kg bars.
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Industry Lauds 7.6% GDP Growth; Wants More In Current Fiscal
After an impressive 7.6 per cent GDP growth in 2015-16, industry on Tuesday said the economy should expand at even a faster pace in the current fiscal on various reform measures and on expectations for a good monsoon.
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States to Borrow More, Miss Fiscal Targets: Nomura
A total of 16 large states are set to borrow more again this fiscal year despite higher allocations from the Centre, with the cumulative borrowing likely to reach Rs 3.5 lakh crore from Rs 2.95 lakh crore in 2015-16, according to a study by Japanese brokerage Nomura.
-
Cabinet Approves Two New AIIMS In Tamil Nadu And Telangana
The AIIMS in Tamil Nadu was announced in the Budget Speech of Finance Minister in 2015-16 and Ministry of Finance conveyed its in-principle approval for establishment of AIIMS in Telangana in April, 2018.
-
Growth Falls To 7.1% In 2016-17 From 8.2% In 2015-16
Growth last year came in lower than the 8.2% rate for 2015-16. Central Statistics Office revised it upwards from its provisional estimate of 8%.
-
1 Budget, 9 Elections: Big Year To Test PM Modi, Says Foreign Media
PM Modi gave the highest ever allocation to a rural job guarantee program in the current year ending March, and spent more on providing houses, drinking water and building rural roads.
-
Transfer Allowed From Employees' Provident Fund To NPS: Pension Regulator
As per the rules, a member looking to transfer funds from Employees' Provident Fund or EPF to NPS must have an active NPS Tier-I account, which can be opened either through the employer where NPS is implemented or online through eNPS on the NPS Trust website.
-
Government Makes No Allocation For Start-Up Fund For Next Fiscal
As per the Budget 2017-18 document, the government had made allocation of Rs 500 crore for 2015-16 when the fund was launched.
-
Tax Incentives To Corporates To Cost Rs 83,492 Crore In FY17
As per the Budget document 2017-18, the revenue foregone stood at Rs 76,857.70 crore in the 2015-16 fiscal.
-
Government May Make Aadhaar Must For Rail Concession In Budget 2017
The concessional tickets cost the Railways about Rs 1,600 crore in 2015-16, with the bulk being accounted for senior citizens.
-
'Top Corporates In India Unprepared For Managing Forex Risks' : Report
Total forex exposure of these top corporates as at end financial year 2015-16 stood at Rs 19.5 trillion - the aggregate hedge cover of which was 36 per cent, the report said.
-
Gold Imports Shrink 32% To $17.7 Billion In April-December 2016
Total imports of the precious metal in the corresponding period of 2015-16 stood at $26.4 billion.
-
Railways Seeks Gross Budgetary Support Of Rs 50,000 Crore
Gross Budgetary Support (GBS) of Rs 40,000 crore was announced in the 2015-16 Rail Budget. However, the Finance Ministry for the current year had slashed it to Rs 28,000 crore, citing slow spending pace.
-
Reliance Industries Shares Slump 3% On Q3
RIL, which owns the world's largest refining complex, earned $10.8 on turning every barrel of crude oil into fuel as compared to a gross refining margin of $11.5 in third quarter of 2015-16 fiscal.
-
Income Tax Slab Rates For AY 2016-17 (FY 2015-16)
Income tax slab rates are reviewed by the government in Budget every year. But the tax slabs have not been changed for the last few years. Here is a primer on income tax slab rates for AY 2016-17 (FY 2015-16).
-
MMTC To Auction Gold Collected Under Monetisation Scheme: Report
State-owned trading firm MMTC to e-auction the precious metal collected by the government under the Gold Monetisation Scheme in lots of five kg bars.
-
Industry Lauds 7.6% GDP Growth; Wants More In Current Fiscal
After an impressive 7.6 per cent GDP growth in 2015-16, industry on Tuesday said the economy should expand at even a faster pace in the current fiscal on various reform measures and on expectations for a good monsoon.
-
States to Borrow More, Miss Fiscal Targets: Nomura
A total of 16 large states are set to borrow more again this fiscal year despite higher allocations from the Centre, with the cumulative borrowing likely to reach Rs 3.5 lakh crore from Rs 2.95 lakh crore in 2015-16, according to a study by Japanese brokerage Nomura.
