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Indian Budget 2014-15 News

10 Jul 2014

Union Budget 2014-15: Who said what

Finance Minister Arun Jaitley presented the national budget for this fiscal and proposed to hike the tax exemption limit by Rs 50,000 for all individuals.

Economic Survey

09 Jul 2014

Economic Survey 2013-14: FY15 GDP growth pegged at 5.4-5.9%

India's economy is expected to grow between 5.4 percent and 5.9 percent in the current fiscal year, the new government`s first Economic Survey said on Wednesday.

Indian Budget 2014-15

05 Jul 2014

PwC seeks scrapping of minimum alternate tax in Budget

Consultancy firm PwC has called for removal of minimum alternate tax (MAT) in the coming budget as a sop for the IT industry.

05 Jul 2014

Assocham seeks tax incentives, infra status for ports in Budget

Industry body Assocham has sought tax incentives, market-linked tariff rates and grant of infrastructure status to the port industry in the upcoming budget for turning India's coastline into a growth catalyst.

Parliament's Budget Session

23 Jun 2014

Parliament's Budget session schedule to be finalised today

The schedule for the Budget session of Parliament will be finalised on Monday amid indications that it will start from July 7 with presentation of the Union Budget 2014-15 on July 11.

23 Jun 2014

Govt may defer GAAR by a year to improve business sentiment

The government earlier proposed imposing the GAAR from April 1, 2016, for those claiming tax benefit of over Rs 3 crore.

Indian Budget 2014-15

20 Jun 2014

GJEPC seeks duty cut on gold to 2%, scrapping 80:20 rule

The Gems and Jewellery Export Promotion Council (GJEPC) has urged the government to reduce import duty on gold and silver to 2 percent from 10 percent.

Indian Budget 2014-15

20 Jun 2014

Private insurers meet FM; pitch for raising FDI ceiling to 49%

Industry has been demanding raising FDI limit to 49 percent from 26 percent at present so that they get the much needed capital to enhance their business.

Indian Budget 2014-15

17 Jun 2014

SIAM asks govt to continue low excise, give export incentives

In the interim Budget, excise duty on small cars, scooters, motorcycles and commercial vehicles were cut to 8 percent from 12 percent earlier.

Indian Budget 2014-15

14 Jun 2014

ICC seeks lowering corporate tax to 25%

Corporate tax rate in India must be brought down to the global average of 25 per cent to regain the growth momentum, Indian Chamber of Commerce said in its pre-budget suggestions.

Indian Budget 2014-15

14 Jun 2014

Govt unlikely to substantially hike plan outlay in 2014-15

The new Government is unlikely to substantially enhance the Plan expenditure for 2014-15 in the Budget to be unveiled next month because it needs to keep fiscal deficit in check.

Union Budget 2014-15

14 Jun 2014

Budget session likely from July 2nd week

The Budget session of Parliament is expected to start from the second week of July amid indications that the Union Budget 2014-15 could be presented by July 11.

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