Sunday, March 01, 2015 | UPDATED 00:53 IST
FLASH
  • Bihar Niwas was washed with 'Ganga Jal' for Nitish stay: Manjhi
  • Jammu and Kahsmir Governor N N Vohra invites PDP leader Mufti Mohammad Sayeed to form government
  • Another Hindu temple vandalised in US
  • Petrol price hiked by Rs 3.18 per litre, diesel by Rs 3.09 with effect from midnight tonight
  • Prime Minister Narendra Modi accepts resignation of R K Pachauri from PM's Council on Climate Change
UNION BUDGET 2015 LIVE

No change in personal income tax as FM targets growth

28 Feb 2015 | 5:35 PM

NEW DELHI: Finance Minister Arun Jaitley on Saturday announced a 5 percentage point reduction in corporate tax over next four years, abolished wealth tax and replaced it with an additional 2 per cent surcharge on super-rich individuals, while increasing service tax that will result in higher cost of variety of services.

Union Ministers welcome General Budget

FM announces more AIIMS, IIT and IIMs

Govt to allocate Rs 2.46 lakh crore to defence sector

Govt to allocate Rs 2.46 lakh crore to defence sector
UNION BUDGET 2015 HIGHLIGHTS

UNION BUDGET 2015 HIGHLIGHTS

28 Feb 2015 | 4:33 PM

Get highlights of the Union Budget 2015-16 presented by Finance Minister Arun Jaitley in Parliament on Saturday.

PM terms Budget pragmatic, Cong describes it ‘hollow and plain’

PM terms Budget pragmatic, Cong describes it ‘hollow and plain’

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"

Black money menace: 10-year jail, other tough measures soon

Black money menace: 10-year jail, other tough measures soon

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.

Defence allocation increased by 9.87 pc

Defence allocation increased by 9.87 pc

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.

Farm credit target raised to Rs 8.5 lakh cr for 2015-16

Farm credit target raised to Rs 8.5 lakh cr for 2015-16

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.

Steps proposed to monetise gold, contain imports

Steps proposed to monetise gold, contain imports

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.

Government announces new IIT, IIMs

Government announces new IIT, IIMs

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.

Volatile Sensex logs 1st Budget day gain in 4 yrs, up 141 pts

Volatile Sensex logs 1st Budget day gain in 4 yrs, up 141 pts

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.

National Skills Mission to be launched; industry welcomes move

National Skills Mission to be launched; industry welcomes move

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.

Budget raises tax deduction limit to Rs 4.44 lakh for I-T payer

Budget raises tax deduction limit to Rs 4.44 lakh for I-T payer

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.

CITY FOCUS

‘VIP raj’ soars to a new high at city airport

‘VIP raj’ soars to a new high at city airport

28 Feb 2015 | 2:44 AM

CHANDIGARH: Even as the Government Railway Police (GRP) replaced their controversial barricades set up for a special lane for VIPs and VVIPs, the “VIP raj” continues to prevail at the Chandigarh airport.

NoThe accused being produced in a Patiala court on Friday. Tribune photo: Rajesh Sachar

5 acquitted in Rulda Singh murder case

28 Feb 2015 | 1:12 AM

PATIALA: The court of Additional Sessions Judge NS Gill today acquitted five persons accused of killing Rashtriya Sikh Sangat president Rulda Singh in 2009.

Punjab entrepreneurs say budget has no goodies for sports, cycle industry

28 Feb 2015 | 5:58 PM

CHANDIGARH: The first full year budget of the BJP led government at the Centre has left the Punjab industry disappointed, with its representatives stating it has not lived up to expectations.

Foreign Secy’s Pakistan visit raises hopes of traders

28 Feb 2015 | 1:12 AM

CHANDIGARH: With Foreign Secretary S Jaishankar travelling to Islamabad on March 3 for a two-day visit to hold a bilateral meeting with his counterpart and other officials in that country, there is an expectation that India will take up the issue of increase in trade between the two countries via Wagah land route and opening of more land routes for the purpose.

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Once again, AIIMS announcement for HP

Once again, AIIMS announcement for HP

01 Mar 2015 | 12:21 AM

Considering Prime Minister Narendra Modi referred to Himachal as his “second home” due to his association with the state as BJP in charge, the Budget has come as a major disappointment as no major project, especially in the tourism and horticulture sectors, have come its way.

IIM, even an AIIMS-like institute for J&K

IIM, even an AIIMS-like institute for J&K

01 Mar 2015 | 12:12 AM

While no major special package has been announced for Jammu and Kashmir in the Union Budget 2015-16, the state has got two institutes of higher learning: Indian Institute of Management (IIM) and All India Institute of Medical Sciences (AIIMS).

Uttarakhand feels cheated

01 Mar 2015 | 12:36 AM

Though the state has welcomed the announcement to set up an Apprenticeship Training Institute for Women, the proposed increase in service tax has disappointed hoteliers, who were actually seeking exemption from service tax for the next three years, besides waiver of interest on loans taken by them.

Another Hindu temple vandalised in US

Another Hindu temple vandalised in US

28 Feb 2015 | 6:43 PM

LOS ANGELES: A Hindu temple in the US has been vandalised with several windows broken and the word "fear" painted on its wall, the second such incident in America's Washington state this month.

India in ‘sweet spot’: Economic Survey

India in ‘sweet spot’: Economic Survey

28 Feb 2015 | 2:54 PM

NEW DELHI: The bar just got higher for the Modi government’s first full Budget on Saturday as the Economic Survey saw the Indian economy in a “sweet spot”, thus set for a healthy growth trajectory.

NoSouth Africa’s AB de Villiers hits a boundary during their World Cup match against West Indies in Sydney on Friday. REUTERS

Amazing Batsman

28 Feb 2015 | 2:46 AM

SYDNEY: AB de Villiers confirmed his status as the most destructive batsman in cricket with a magnificent unbeaten 162 from just 66 balls to lead South Africa to a record 257-run victory over West Indies in the World Cup on Friday.

It all comes down to hard work for AB

28 Feb 2015 | 2:46 AM

 SYDNEY: AB de Villiers smashed West Indies bowlers from pillar to post for the quickest 150 in ODIs on Friday but the South African skipper said only hard work earns a batsman the right to dominate in such a fashion.

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Against India, UAE hoping against hope

28 Feb 2015 | 2:46 AM

 “My boys are amateurs and semi-professionals,” says Aaqib Javed, the United Arab Emirates (UAE) coach.

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LIFE+STYLE
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YOUR WORLD AND YOU

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