Budget 2016 - Comprehensive Code on Resolution of Financial Firms to be Enacted
Posted Date : 29-Feb-2016 , 01:12:00 pm | Posted By CASANSAAR
While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley said that in the financial sector, a comprehensive Code on Resolution of Financial Firms will be enacted. Together with the Bankruptcy and Insolvency Law, this will fill a major systemic vacu...
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A New Health Protection Scheme to provide health cover up to Rs.1 lakh per family
Posted Date : 29-Feb-2016 , 01:10:58 pm | Posted By CASANSAAR
The Minister for Finance and Corporate Affairs and Information and Broadcasitng, Shri Arun Jaitley has announced a New Health Protection Scheme in the Budget 2016-17. In his Budget address in the Parliament today, the Finance Minister expressed concern that a serious illness of family member(s) caus...
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Reforms in FDI Policy in the Areas of Insurance and Pensions, Asset Reconstruction Companies, Stock Exchanges
Posted Date : 29-Feb-2016 , 01:09:29 pm | Posted By CASANSAAR
While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley said that to promote private participation in infrastructure projects, Public Utility (Resolution of Disputes) Bill will be introduced; and guidelines for renegotiation of PPP agreements will...
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Budget 2016 - Promoting a tax-friendly regime through a new Dispute Resolution Scheme’
Posted Date : 29-Feb-2016 , 01:08:23 pm | Posted By CASANSAAR
While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley said that litigation is a scourge for tax friendly regime and creates an environment of distrust. Litigation also leads to increasing the compliance cost of the tax payers and administrative ...
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Budget 2016 - Compliance window to declare undisclosed income by paying 45% tax
Posted Date : 29-Feb-2016 , 01:07:03 pm | Posted By CASANSAAR
While presenting the General Budget 2016-17 in Lok Sabha here today, the Union Finance Minister Shri Arun Jaitley proposed a Scheme to declare undisclosed income by paying 45% tax in a given compliance window.
Shri Jaitley proposed a limited period Compliance window for domestic taxpayers t...
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Budget 2016 - Companies Act 2013 to be amended to facilitate Ease of Doing Business
Posted Date : 29-Feb-2016 , 01:05:31 pm | Posted By CASANSAAR
A Bill shall be introduced in the current Budget session of the Parliament in order to amend the Companies Act 2013. While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley said that this will remove the difficulties and impediments to ease of doi...
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Budget 2016 - Ek Bharat Shreshtha Bharat Programme to be Launched
Posted Date : 29-Feb-2016 , 01:05:06 pm | Posted By CASANSAAR
Ek Bharat Shrestha Bharat’ programme will be launched to link States and Districts in an annual programme that connects people though exchanges in areas of language, trade, culture, travel and tourism. While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister S...
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Union Budget 2016 - Live Updates
Posted Date : 29-Feb-2016 , 12:47:09 pm | Posted By CASANSAAR
FM Arun Jaitley to present Union Budget 2016 today at 11.00 AM. CASANSAAR are providing you live updates of Union Budget 2016.
JUST REFRESH THE PAGE (CLICK F5) FOR ALL LIVE UPDATES.
Finance Minister Arun Jaitley's budget speech ends. House adjourned till tomorrow.
Finance Minister Arun Ja...
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Union Budget 2016 - Watch Live Telecast Online on casansaar.com
Posted Date : 29-Feb-2016 , 08:08:04 am | Posted By CASANSAAR
Hon'ble Finance Minister's Presentation of Union Budget in the Parliament on 29th Feb 2016, 11:00 AM IST.
...
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Finance Minister to Present General Budget 2016-17 in Parliament
Posted Date : 29-Feb-2016 , 07:53:37 am | Posted By CASANSAAR
Finance Minister Arun Jaitley will present the General Budget in Parliament today for 2016-17. Mr Jaitley faces a tough task of balancing the needs of farm sector as well as the industry when he presents his third Budget as he seeks to garner resources to boost public spending for higher growth amid...
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SFIO beefs up resources; empanels 91 Chartered Accountant firms
Posted Date : 29-Feb-2016 , 07:50:27 am | Posted By CASANSAAR
Strengthening its resources to deal with white collar crimes, SFIO has empanelled as many as 91 chartered accountant firms to carry out forensic audit and analysis of financial statements on a case to case basis.
Facing manpower crunch, Serious Fraud Investigation Office (SFIO) has been loo...
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Chartered Accountant |
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PM approves constitution of Banks Board Bureau under former CAG V. Rai
Posted Date : 28-Feb-2016 , 08:51:43 pm | Posted By CASANSAAR
Prime Minister Narendra Modi has approved the proposal of the Department of Financial Services (DFS), Ministry of Finance for the constitution of the Banks Board Bureau.
The Bureau, which was announced in the last Budget by Finance Minister Arun Jaitley, will be headed by former Comptroller and...
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Banking |
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Economic Survey 2016: Highlights
Posted Date : 27-Feb-2016 , 08:38:30 am | Posted By CASANSAAR
India expects its economy to grow 7-7.5% in the fiscal year to March 2017, the Economic Survey said on Friday, ahead of the presentation of the annual budget by finance minister Arun Jaitley on Monday.
The Economic Survey, the basis for Jaitley's Budget for the fiscal year starting April 1, p...
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Finance Minister Shri Arun Jaitley Presents Economic Survey 2015-16 in the Parliament
Posted Date : 27-Feb-2016 , 08:33:29 am | Posted By CASANSAAR
Indian economy has taken impressive strides with reduction in macro-vulnerability due to reforms in key areas, pursuit of fiscal prudence and focus on price stability. The Economic Survey 2015-16 presented in the Parliament today by the Finance Minister Shri Arun Jaitley states that the benign price...
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Economic Survey 2015-16: Better off taking the benefit of subsidies; recommends interventions and rectification of anomalies
Posted Date : 27-Feb-2016 , 08:30:44 am | Posted By CASANSAAR
Economic Survey 2015-16 finds uneven distribution of Rs. 100,000 crore subsidies going to the better-off merely on account of 6 commodities like gold, LPG, Kerosene, Electricity, railway fares, aviation and turbine fuel (ATF) plus the Small Savings Scheme. The total amount given as subsidy is no les...
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Rail Budget 2016 - No Hike in Passenger Fare
Posted Date : 25-Feb-2016 , 02:27:06 pm | Posted By CASANSAAR
No Hike in Passenger Fare
65,000 Additional Berths and 17,000 Bio Toilets to be Installed
Operations Audit to Improve Punctuality of trains Proposed
Wi Fi Facilities in 400 more Stations
Stations to be Developed Under PPP Mode
Award of Civil Con...
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Rail Budget 2016 - Time Tabled Freight Container /Parcel Train to be Started this Year
Posted Date : 25-Feb-2016 , 02:23:49 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu proposed three solution sets for reversing the trend of declining modal share of freight trains – expanding the freight basket of Indian Railways, rationalising the tariff structure and building terminal capacity.
The freight baske...
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Rail Budget 2016 - Railways to increase revenue through non-fare sources
Posted Date : 25-Feb-2016 , 02:22:21 pm | Posted By CASANSAAR
The Minister of Railways, Shri Suresh Prabhakar Prabhu has said that Indian Railways will increase the revenue through non-fare sources. While introducing the Railway Budget for 2016-17 in Parliament today, the Railway Minister said that the current revenue through non-fare sources is less than 5% a...
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Rail Budget - Indian Railways for 100 per cent transparency in all its Operations
Posted Date : 25-Feb-2016 , 02:21:29 pm | Posted By CASANSAAR
The Minister of Railways, Shri Suresh Prabhakar Prabhu said that the transparency is an important tenet of this Government. Presenting the Railway Budget 2016-17 in Parliament today he said , Indian Railway’s mission is to ensure 100% transparency in all its operations. He said, Indian Railway...
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Rail Budget - E-Booking of Tickets on the Concessional Passes for Journalists to be Introduced
Posted Date : 25-Feb-2016 , 02:20:47 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu said that Indian Railways intends to commence sale of tickets through hand held terminals for the benefit of the suburban and short distance travelers. This would enable deployment of multiple ‘Points of Sale’ with minimal infrastruct...
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Rail Budget - Railways to implement EPC mode for undertaking works
Posted Date : 25-Feb-2016 , 02:20:03 pm | Posted By CASANSAAR
The Minister of Railways, Shri Suresh Prabhakar Prabhu has said that Engineering Procurement and Construction (EPC) mode will be implemented for allotting works to ensure participation of large professional players and minimizing cost and time overruns. While introducing the Railway Budget for 2016-...
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Rail Budget 2016 - Increased Outlay for Electrification of Railways
Posted Date : 25-Feb-2016 , 02:19:16 pm | Posted By CASANSAAR
The Minister of Railways, Shri Suresh Prabhakar Prabhu while presenting the Railway Budget for 2016-17 in Parliament today said that electrical traction is more economical besides being environment friendly. In a business-as-usual approach, it may take us 10 to 15 years to complete the required elec...
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Rail Budget - Railways to provide 17000 Bio-Toilets in Trains under Swachh Rail Swachh Bharat Mission
Posted Date : 25-Feb-2016 , 02:18:23 pm | Posted By CASANSAAR
The Minister of Railways, Shri Suresh Prabhakar Prabhu said that in pursuance of our mission Swachh Rail Swachh Bharat, that Indian Railways will provide 17,000 bio-toilets in trains and additional toilets at 475 stations before the close of this financial year. Presenting the Railway Budget 2016-17...
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Rail Budget - Railways for Port Connectivity to Boost Country’s Imports and Exports
Posted Date : 25-Feb-2016 , 02:17:34 pm | Posted By CASANSAAR
The Minister of Railways, Shri Suresh Prabhakar Prabhu has said that the Port connectivity is an important element to ensure seamless logistics to boost country’s imports and exports. Presenting the Railway Budget 2016-17 in Parliament today he said, last year, Railways had launched a coastal ...
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Rail Budget - Antyodaya Express and Deen Dayalu Coaches to be Introduced for the Unreserved Passenger
Posted Date : 25-Feb-2016 , 02:16:45 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu while presenting Railway Budget 2016-17 in Parliament today proposed to introduce the Antyodaya Express, a long-distance, fully unreserved, superfast train service, for the common man to be operated on dense routes. He also said that tw...
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Rail Budget 2016 - Railways to ensure independence of Rail Development Authority
Posted Date : 25-Feb-2016 , 02:15:45 pm | Posted By CASANSAAR
The Minister of Railways, Shri Suresh Prabhakar Prabhu has said that Indian Railways will ensure the independence of Rail Development Authority which was proposed last year to enable fair pricing of services, promote competition, protect customer interests and determine efficiency standards. He was ...
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Rail Budget 2016 - Initiatives taken to improve Passenger Ammenities
Posted Date : 25-Feb-2016 , 02:14:54 pm | Posted By CASANSAAR
The Minister of Railways, Shri Suresh Prabhakar Prabhu said that the common people have always been the focus of all initiatives by the Indian Railways. Presenting the Railway Budget 2016-17 in Parliament today, he said, it has been an unprecedented year for customer oriented works and Indian Railwa...
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Rail Budget - Railway Undertakes Energy Audits to Reduce Energy Consumption in Non-Traction Area by 10% to 15%
Posted Date : 25-Feb-2016 , 02:14:08 pm | Posted By CASANSAAR
The Minister of Railways, Shri Suresh Prabhakar Prabhu while presenting the Railway Budget 2016-17 in Parliament today said that Environment in the context of India’s commitment to reduce its carbon foot print, Indian Railways have undertaken energy audits which have revealed the possibility o...
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Rail Budget - Ordinary Working Expenses in the R.E. 2015-16 decreased by Rs 8,720 crore
Posted Date : 25-Feb-2016 , 02:13:22 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu while presenting the Railway Budget 2016-17 in the Parliament today placed the Financial Performance data for 2015-16.
The Railway Minister said that there is a net reduction in Gross Traffic Receipts by Rs 15,744 crore in R.E. 2015-16 c...
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Wi-Fi Services at 100 Stations to be Commissioned this Year and at 400 more Stations in the next 2 Years
Posted Date : 25-Feb-2016 , 02:12:27 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu while presenting Railway Budget 2016-17 in Parliament today said that the process has begun to introduce Wi-Fi services at stations especially for youth and business travellers. He proposed to commission Wi-Fi services at 100 stations this year a...
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