28 Feb 2015 | 4:33 PM
Get highlights of the Union Budget 2015-16 presented by Finance Minister Arun Jaitley in Parliament on Saturday.
28 Feb 2015 | 8:56 PM
NEW DELHI: Prime Minister Narendra Modi on Saturday described the budget as "progressive" and "pragmatic" and said it will reignite growth while assuring foreign investors about stable, predictable and fair tax system. However, the Congress describes it "hollow and plain"
28 Feb 2015 | 4:11 PM
NEW DELHI: To check black money menace, the government on Saturday announced 10-year imprisonment for hiding foreign assets, along with a host of other tough measures including disincentivising of cash dealings in real estate and other transactions.
28 Feb 2015 | 3:10 PM
NEW DELHI: Government on Saturday increased the defence budget by 9.87 per cent to Rs 2.46 lakh crore for the next fiscal as compared to the revised estimates of Rs 2.22 lakh crore for 2014-15 as it pushes 'Make in India' initiative to curtail over-dependence on imports.
28 Feb 2015 | 3:26 PM
NEW DELHI: In a bonanza for farmers, the government on Saturday raised agriculture credit target by Rs 50,000 crore to Rs 8.5 lakh crore for 2015-16 fiscal and also announced financial support to enhance irrigation and soil health to achieve higher agriculture productivity.
28 Feb 2015 | 3:17 PM
NEW DELHI: To curb gold imports and monetise large idle stocks of the precious metal, Finance Minister Arun Jaitley on Saturday announced three schemes, including redeemable gold bonds that will carry a fixed rate of interest.
28 Feb 2015 | 4:55 PM
NEW DELHI: The government on Saturday announced the setting up of an IIT in Karnataka along with IIMs in Jammu and Kashmir, Himachal Pradesh and Andhra Pradesh.
28 Feb 2015 | 4:41 PM
MUMBAI: Modi government's first full-fledged budget triggered huge volatility in stock markets on Saturday with the benchmark Sensex finally ending 141.38 points higher on promise of lower corporate tax rates - logging the first rise on a Budget day in four years.
28 Feb 2015 | 4:38 PM
NEW DELHI: Government on Saturday announced launching of a National Skills Mission to consolidate skill initiatives across several ministries, a move that was hailed by the industry as a welcome step to address the demographic dividend in the country.
28 Feb 2015 | 4:18 PM
NEW DELHI: With fresh incentives for individuals announced in the Union Budget today, the overall deduction limit under personal income tax has gone up to Rs 4,44,200 a year.