Elections

PDP leader Mufti Mohammad Sayeed Sunday took oath as chief minister of Jammu and Kashmir, heading a coalition government that brought the BJP to power for the first time in India's only Muslim-majority state. Prime Minister Narendra…

Union Finance Minister Arun Jaitley presented a balanced and unique budget, which has long-term plans and benefits rather than appeasing all. The Union Budget 2015-16 provides enough opportunity to raise funds and put the nation on the path…

Finance Minister Arun Jaitley Saturday proposed to cut the corporate tax rate by five percent to 25 percent over next four years while increasing the service plus education cess from 12.36 percent to a consolidated 14 percent. Presenting…

Every family in India will have a roof over its head by 2022, India's 75th year of independence, Finance Minister Arun Jaitley said Saturday. Presenting the union budget in the Lok Sabha, Jaitley said: "A roof for each family in India by…

India Saturday hiked its defence allocation by a modest 7.74 percent to Rs.246,727 crore ($40 billion), with Finance Minister Arun Jaitley declaring that “defence of every inch of our land is above everything else”. Presenting the budget…

The government will enhance the allocation to the Mahatma Gandhi National Rural Employment Guarantee (MNREGA) scheme by Rs.5,000 crore, Finance Minister Arun Jaitley said Saturday presenting union budget. "The government will enhance the…

India will soon have its own gold coin, with the Ashoka Chakra minted on it. Finance Minister Arun Jaitley Saturday proposed to produce gold coins domestically with the Ashoka Charka emblem to help the government recycle gold internally,…

The government targets to bring down the fiscal deficit to 4.1 percent of the gross domestic product (GDP) in 2014-15 and further down to 3 percent in three years. "We plan to bring down the fiscal deficit to 4.1 percent in 2014-15,"…

Presenting the national budget for the next fiscal, Finance Minister Arun Jaitley Saturday said the state of the country's economy was better placed today with its credibility re-established by a series of measures taken by his government.…

Finance Minister Arun Jaitly presented the second Union Budget of the NDA Goverment today in Lok Sabha. Here are the highlights: * Changes in excise on tobacco items, including cigarettes, paan masala and gutkha * Tax exemption for…