Others News

PM welcomes Union Budget; terms it positive and pragmatic

28 February 2015 at 14:39

The Prime Minister, Shri Narendra Modi has welcomed the Union Budget. ”Union Budget 2015 is a Budget with a clear vision. It is a Budget that is progressive, positive, practical, pragmatic and prudent. Budget 2015 has a distinct focus on farmer

Posted in Others | 3 comments | 9114 Views

The Finance Bill, 2015

28 February 2015 at 14:24

The Finance Bill, 2015

Posted in Others | 5 comments | 14982 Views

Indirect Tax Proposals to Maximize Benefits to the Economy

28 February 2015 at 13:43

The Finance Minister Shri Arun Jaitley while presenting the Budget announced in the Lok Sabha steps to broaden the Tax Base that will maximize benefits to the economy. The Service Tax rate is being increased from 12% plus Education Cesses to 14%. The

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FM Budget 2015-2016 Speech

28 February 2015 at 13:41

Budget2015-2016 Speech of ArunJaitley Minister of Finance February 28, 2015 Madam Speaker, I rise to present the Budget of the Union for the year 2015-16. 2. I present this Budget in an economic environment which is far more positive than in the rec

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Black Money Bill in the Current Session

28 February 2015 at 13:31

The Union Finance Minister Shri Arun Jaitley has said that a Bill to enact a new law to deal with black money is to be introduced in the current session of the Parliament. In his Budget Speech in the Lok Sabha here today, giving details of proposed k

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Monetising Gold

28 February 2015 at 13:29

The Union Finance Minister Shri Arun Jaitley has announced several steps for monetizing gold. Presenting the General Budget 2015-16 in the Lok Sabha here today, the Union Finance Minister Shri Arun Jaitley stated that stocks of gold in India are esti

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No Change in the Rate of Personal Income-Tax

28 February 2015 at 13:19

Surcharge @12% Levied on Individuals, HUFs, AOPs, BOIs, Artificial Juridical Persons, Firms, Cooperative Societies and Local Authorities Having Income Exceeding Rs 1 Crore The Union Finance Minister Shri Arun Jaitley in his Budget Speech in Lok Sabha

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Employees Under the Employees Provident Fund(Epf) to be Provided two Options

28 February 2015 at 13:18

The Union Finance Minister Shri Arun Jaitley has announced that with respect to Employees Provident Fund (EPF), the employee needs to be provided two options. Firstly, the employee may opt for EPF or the New Pension Scheme (NPS). Secondly, for employ

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Benefits to Middle Class Tax Payers in the Budget 2015-16

28 February 2015 at 13:18

Payments to the Beneficiaries Including Interest Payment on Deposit in Sukanya Samriddhi Scheme to be Fully Exempt The Union Minister of Finance Shri Arun Jaitley in his Budget Speech in Lok Sabha today proposed rationalization of various tax exempti

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Cut in Repo Rate from 8.0 per cent to 7.75 per cent

27 February 2015 at 14:59

The Reserve Bank of India (RBI) has cut the Repo Rate recently. It has reduced the Repo Rate under the liquidity adjustment facility (LAF) by 25 basis points (bps) from 8.0 per cent to 7.75 per cent on January 15, 2015. With the introduction of Base

Posted in Others | 3 comments | 12714 Views