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  • Arun Jaitley car
    Feb 28, 2015 18:32 IST

    Growth, jobs, simple tax regime: Jaitley lights the reforms fuse in budget

    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.

  • Arun Jaitley
    Feb 28, 2015 21:56 IST

    Budget for savings, industrial development, middle class: Here's what corporate India thinks

    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.

  •  Jayalalithaa
    Feb 28, 2015 21:52 IST

    Budget 2015: Reduced central allocations upset non-BJP states

    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.

  • India win
    Feb 28, 2015 21:35 IST

    Dhoni steps out, slams door shut on minnows' big match dreams

    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.

  • Arun Jaitley
    Feb 28, 2015 19:46 IST

    Elections distant; Jaitley's budget speech focuses on development, not politics

    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.

  • Congress party President Sonia Gandhi
    Feb 28, 2015 20:26 IST

    Bouquets and brickbats: Reactions to Modi govt's first full Union Budget

    Here are some of the reactions to the Modi government's first full-year budget presented by Arun Jaitley on Saturday.

  • markets
    Feb 28, 2015 18:10 IST

    Taxing question: What does Jaitley's budget have for middle class

    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.

  • subsidy
    Feb 28, 2015 19:28 IST

    Increase in petrol, diesel prices by more than Rs 3/litre

    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.

  • Black money case
    Feb 28, 2015 14:26 IST

    Budget 2015: Jaitley unveils tough measures to crack down on black money

    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.

  • Rohit Sharma
    Feb 28, 2015 11:40 IST

    World Cup 2015: India remain unbeaten after routing minnows UAE

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  • Bombay Stock Exchange
    Feb 28, 2015 17:39 IST

    Markets up: Sensex, Nifty end higher after bumpy budget-day trading

    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.

  • 4
    Feb 28, 2015 17:32 IST

    Oppn slams Modi govt's first full-year budget; says it is anti-poor

    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.

  • budget, food price
    Feb 28, 2015 15:17 IST

    Leather sandals to cigarettes: What's cheaper, what's expensive

    Continuing the trend set by many of his predecessors, finance minister Arun Jaitley on Saturday came down heavily on smokers and tobacco consumers with a steep increase in excise rate in tax proposals in his budget for 2015-16.

  • People watch Jaitley
    Feb 28, 2015 14:58 IST

    Here are the key takeaways from Jaitley's Union Budget 2015-16

    Finance minister Arun Jaitley laid out on Saturday a budget aimed at reigniting rapid growth, seeking to offer respite to the highly-taxed corporates as well as a promise of abundant jobs and social security to millions of Indians.

  • Arun Jaitley
    Feb 28, 2015 16:06 IST

    Subsidy bill cut by 10% to Rs 2.27 lakh crore for 2015-16

    Subsidies on food, fertiliser and petroleum have been reduced by over 10% to Rs 2.27 lakh crore for 2015-16, mainly due to a sharp cut in petroleum subsidies.