Budget 2016

Govt likely to spend more to modernise railways

In addition, railways may cut freight tariffs for commodities in the wake of falling revenue from goods transportation.

Feb 20, 2016

Budget 2016 will be 'run of the mill', says analyst

Higher expenditure due to implementation of salary and pension schemes leave little scope for capex, says Nomura.

Feb 19, 2016

Govt may raise FDI limit in state-owned banks to 49%: Report

The announcement to increase the FDI limit in public sector banks could be made in Budget, PTI reported.

Feb 16, 2016

Budget 2016: Removal of DDT tops wish-list of real estate firms

The dividend distribution tax at 15 percent makes real estate investment trusts unviable, say industry players.

Feb 16, 2016

Budget Session likely to be stormy

A string of political developments and weak macroeconomic data ahead of the Budget Session pose a challenge to the government.

Feb 15, 2016

Railway Budget to focus on raising investments: Suresh Prabhu

The minister also said the government would continue with initiatives taken in the last Budget for the development of Railways.

Feb 13, 2016

Vote on Twitter to decide focus of Union Budget 2016: Finance Ministry

The ministry has opened Twitter voting on which sectors and schemes should be the focus of the budget.

Feb 11, 2016

Railway Budget 2016: Passenger fares may be hiked by 10%

The hike in passenger fares may be for selected routes.

Feb 10, 2016

Union Budget 2016: Facts to know, highlights of previous Modi govt Budgets

The budget session of Parliament will commence on Feb. 23. The general budget will be presented on Feb. 29.

Feb 10, 2016

Budget 2016: MPs want income tax exemption limit for individuals to be raised to Rs 4 lakh

The suggestion was made at the first meeting of the consultative committee attached to the union finance ministry on Friday.

Feb 6, 2016

Budget 2016 to make provisions for OROP, pay panel recommendations: Arun Jaitley

The finance minister expressed confidence that the government would be able to meet the fiscal deficit target in the current financial year.

Feb 6, 2016

Companies may get tax sops for job creation

A senior government official told the Economic Times that companies will have to increase headcount by 2 percent to avail the benefit.

Feb 5, 2016

Budget session starts from Feb. 23, Union Budget on Feb. 29

The Railway Budget will be presented on 25 February, followed by Economic Survey on Feb. 26.

Feb 4, 2016

Budget 2016: More sops for start-ups likely

The government may ease norms regarding investments in listed and unlisted start-ups.

Jan 25, 2016

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