Union Budget

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…

Presenting union budget, Finance Minister Arun Jaitley Saturday said that the NDA government has been able to convert cleanliness into a movement and `Swachh Bharat' was among the key achievements. Presenting the union budget in the Lok…

Displaying the government's intent on implementing a new indirect tax regime for India, Finance Minister Arun Jaitley Saturday announced that the proposed Goods and Services Tax (GST) Bill will be implemented from April next year. "We…

Finance Minister Arun Jaitley Saturday said the government was committed to providing quality education and planned to upgrade 80,000 secondary schools in the country. He also said in his budget speech that the government wanted to…

Finance Minister Arun Jaitley Saturday began presenting India's union budget for the next fiscal, saying the state of the country's economy was better placed today with its credibility re-established by a series of measures taken by his…

A benchmark index of Indian equities markets, the 30-scrip BSE Sensex, Saturday surged 213.71 points or 0.73 percent in the early session ahead of the Union Budget. The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also…

Foreign Portfolio Investors (FPIs) became net buyers in the Indian equities market for the week ended Feb 20 on the back of high expectations from the upcoming budget. For the week ended Feb 20, the FPIs bought stocks worth Rs.4,334.55…

The Budget Session of the Parliament will begin Feb 23 and the union budget would be presented Feb 28. The first part of the session would be from Feb 23 to March 20 and the second part from April 20 to May 8, an official said Wednesday.…