- Feb 28, 2015 18:32 IST
Finance minister Arun Jaitley made most services and some goods costlier and stopped short of putting more money in the hands of the salaried class by not raising the tax exemption limit. Instead, he allowed salary earners extra elbow room to save for their pensions by contributing up to Rs 50,000 a year with tax concessions and also raised the premia one can pay for health insurance with tax benefits.
- Feb 28, 2015 23:41 IST
If the previous NDA regime’s Prevention of Terrorism Act (POTA) became an instrument of misuse and human rights violations by the authorities, new laws outlined in the budget to fight black money threaten to put similar unbridled powers in the hands of enforcement agencies.
- Feb 28, 2015 23:29 IST
Finance minister Arun Jaitley’s speech can go only so far in guessing factors that might stem from the realms of politics, sociology, ecology and technology.
- Feb 28, 2015 23:52 IST
Aam Aadmi Party (AAP) founding members Prashant Bhushan and Yogendra Yadav are likely to either resign from the party or assume non-active roles, sources said.
- Feb 28, 2015 21:35 IST
India captain Mahendra Singh Dhoni dealt a huge blow to cricket's non-Test nations on Saturday when he warned that his world champions have no plans to play regular fixtures against them.
- Feb 28, 2015 21:52 IST
States ruled by non-BJP parties panned the Union Budget on Friday for reducing central allocations with the Prime Minister’s adopted state Uttar Pradesh most strident in its criticism.
- Feb 28, 2015 21:56 IST
Perceiving the Union Budget 2015-16 as progressive, one which provides an enabling business environment for foreign investment, Corporate India feels it is aimed at growth, savings, industrial development, and for the middle class.
- Feb 28, 2015 19:46 IST
Analysts scrutinising Arun Jaitley’s Budget speech for ideological and political content ran instead into three non-political words: job (16 times), growth (24 times) and investment (50 times). With no assembly election imminent, this was clearly a Budget intended to reflect Prime Minister Narendra Modi’s politics of development. The coming years, when politics will dominate, may be different.
- Feb 28, 2015 20:26 IST
Here are some of the reactions to the Modi government's first full-year budget presented by Arun Jaitley on Saturday.
- Feb 28, 2015 18:10 IST
The economy needs to be kick-started and incomes of individuals need to grow, so that the aam aadmi can make meaningful contributions towards our pension funds, writes Saonli Hazra.
- Feb 28, 2015 19:28 IST
Petrol price was on Saturday hiked by Rs 3.18 per litre and diesel by Rs 3.09, the second increase in rates this month on rising international oil rates. The increase is effective from midnight tonight.
- Feb 28, 2015 14:26 IST
Finance minister Arun Jaitley Saturday unveiled a slew of steps to battle black money stashed abroad, including a new law that will entail rigorous imprisonment of up to 10 years and a penalty of 300% on its perpetrators. Illegal deposits costs India billions of dollars in lost revenue.
- Feb 28, 2015 11:40 IST
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- Feb 28, 2015 17:39 IST
The BSE Sensex and Nifty rode a roller-coaster on Saturday, when the budget for the coming fiscal year was present, and they ended the day higher, on hopes the plan will boost growth and corporate taxes will be cut.
- Feb 28, 2015 17:32 IST
Opposition parties criticised the Narendra Modi government’s first full-year budget on Saturday, saying it was pro-industrialist and failed to take care of the common man’s interests.