Government to Launch A National Skills Mission Soon Aiims to be Launched in J&K, Punjab, Tamil Nadu, Himachal Pradesh and Assam in 2015-16
Posted Date : 28-Feb-2015 , 01:38:40 pm | Posted By CASANSAAR
The Government will soon launch a National Skills Mission through the Skill Development and Entrepreneurship Ministry. The Finance Minister, Shri Arun Jaitley, in his Budget Speech 2015-16 today, said that the Mission will consolidate skill initiatives spread across several Ministries. It will allow...
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Facilities at Cultural World Heritage Sites are to be Restored: FM
Posted Date : 28-Feb-2015 , 01:37:30 pm | Posted By CASANSAAR
The Union Finance Minister Shri Arun Jaitley has said that the facilities at India’s 25 Cultural World Heritage Sites are still deficient and require restoration.
While presenting the General Budget 2015-16 in the Parliament today, the Finance Minister Shri Jaitley has stated that the...
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Black Money Bill in the Current Session
Posted Date : 28-Feb-2015 , 01:36:04 pm | Posted By CASANSAAR
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 key features of the law, the Finance Minister said ...
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Investment In Infrastructure To Go Up By Rs.70,000 Crore In Year 2015-16 Over Year 2014-15
Posted Date : 28-Feb-2015 , 01:35:25 pm | Posted By CASANSAAR
The Union Finance Minister Shri Arun Jaitley has proposed an increase in investment in infrastructure by Rs. 70,000 crore in the year 2015-16 over the year 2014-15 from the Centre’s funds and resources of CPSEs. Presenting the General Budget 2015-16 in the Lok Sabha here today, the Finance Min...
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National Investment and Infrastructure Fund to be Set up
Posted Date : 28-Feb-2015 , 01:34:54 pm | Posted By CASANSAAR
The Union Finance Minister Shri Arun Jaitley has announced the setting up of a National Investment and Infrastructure Fund (NIIF). Presenting the General Budget 2015-16 in the Lok Sabha here today, the Finance Minister stated that an annual flow of Rs.20,000 crore will be ensured for the NIIF. This ...
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Corporate Tax to be Reduced TO 25% and GST to be Implemented from April 16
Posted Date : 28-Feb-2015 , 01:34:17 pm | Posted By CASANSAAR
The Finance Minister Shri Arun Jaitley has said that the Corporate Tax Rate is proposed to be reduced from the current 30% to 25% over the next 4 years. In his Budget Speech in the Lok Sabha here today, Shri Jaitley said this is expected to lead to higher level of investment, higher growth and more ...
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ATAL Innovation Mission (Aim) to be Set up
Posted Date : 28-Feb-2015 , 01:33:11 pm | Posted By CASANSAAR
The Union Finance Minister Shri Arun Jaitley has stated his intentions to establish the ATAL Innovation Mission(AIM) in NITI. Presenting the General Budget 2015-16 in the Lok Sabha here today, the Finance Minister stated that AIM will be an Innovation Promotion Platform involving academics, entrepre...
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Self Employment and Talent Utilisation (SETU) to be Established
Posted Date : 28-Feb-2015 , 01:32:20 pm | Posted By CASANSAAR
Government has announced the setting up of a Self- Employment and Talent Utilisation (SETU) mechanism. Presenting the General Budget 2015-16 in the Lok Sabha here today, the Union Finance Minister Shri Arun Jaitley stated that SETU will be a Techno-Financial, Incubation and Facilitation Programme to...
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Tax Measures Announced to Promote Swachh Bharat Initiatives and Public Health.
Posted Date : 28-Feb-2015 , 01:20:03 pm | Posted By CASANSAAR
The Central Government will impose a Swachh Bharat Cess on all or certain taxable services at a rate of 2% from a date to be notified. The Finance Minister Shri Arun Jaitley announced in his Budget Speech that the proceeds from this Cess would be utilized for Swachh Bharat initiatives. In a related ...
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Union Budget 2015 - Live Updates
Posted Date : 28-Feb-2015 , 12:39:35 pm | Posted By CASANSAAR
FM Arun Jaitley to present Union Budget 2015 today at 11.00 AM. CASANSAAR are providing you live updates of Union Budget 2015.
JUST REFRESH THE PAGE (CLICK F5) FOR ALL LIVE UPDATES.
Tax Proposals
FM has concluded his speech. The parliament is in commotion. Nothing new there....
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Union Budget 2015 - Watch Live Telecast Online on casansaar.com
Posted Date : 28-Feb-2015 , 09:42:52 am | Posted By CASANSAAR
Hon'ble Finance Minister's Presentation of Union Budget in the Parliament on 28th Feb 2015, 11:00 AM IST.
WAIT FOR LIVE TELECAST....
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FM Arun Jaitley to present Union Budget 2015 today
Posted Date : 28-Feb-2015 , 08:28:16 am | Posted By CASANSAAR
Eager to win over the middle class following Delhi poll debacle, Finance Minister Arun Jaitley is expected to present a common man-friendly Union Budget on Saturday by either raising tax slabs or hiking investment limit in savings instruments.
Besides giving sops to individual tax payers, he is als...
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Economic Survey 2014-15 Highlights
Posted Date : 27-Feb-2015 , 09:38:13 pm | Posted By CASANSAAR
Economic Outlook, Prospects and Policy Challenges
Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are:
Inflation has declined by over 6 percentage points since late 2013.
The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13...
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Skill Development and Employment are major Challenges: Economic Survey
Posted Date : 27-Feb-2015 , 09:36:59 pm | Posted By CASANSAAR
There is a dual challenge of developing skills and utilizing them in a proper way. The Economic Survey 2014-15 has stated that as per the Labour Bureau Report 2014, the present skilled workforce in India is only 2 percent, which is much lower when compared to the developing nations. As per the repor...
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The Fourteenth Finance Commission (FFC) will enhance Fiscal Federalism in India: Economic Survey 2014-15
Posted Date : 27-Feb-2015 , 09:35:30 pm | Posted By CASANSAAR
According to the Economic Survey “all States stand to gain from FFC transfers in absolute terms.” The Survey observes that Fourteenth Finance Commission recommendations will enhance cooperative and competitive federalism. The biggest gainers in absolute terms under general category ...
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Government approves a Rs. 200 crore Central Sector Scheme for implementing e-platform for agri-marketing
Posted Date : 27-Feb-2015 , 09:34:43 pm | Posted By CASANSAAR
The Government has taken several important steps to make improvements in the area of Agricultural Marketing. According to the Economic Survey 2014-15, the Department of Agriculture (DAC) has issued a comprehensive advisory to states to go beyond the provisions of the Model Act and declare the entire...
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External Sector is returning to the path of strength and resilience: Economic Survey
Posted Date : 27-Feb-2015 , 09:33:40 pm | Posted By CASANSAAR
As per the Economic Survey, the outlook for the external sector is perhaps the most favorable since the 2008 global financial crisis and especially compared to 2012-13, when elevated oil and gold imports fuelled a surge in the current account deficit.
The Global Economy is likely to gain stre...
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Create National Common Market in Agricultural Commodities: Economic Survey 2014-15
Posted Date : 27-Feb-2015 , 09:32:12 pm | Posted By CASANSAAR
The Economic Survey emphasizes on the need for a national common agricultural market and identifies un-integrated and distortion ridden agricultural market as the one of the most striking problems in agriculture growth. The Economic Survey suggests 3 incremental steps as possible solution, buil...
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Revive public investment to improve investment climate: Economic Survey 2014
Posted Date : 27-Feb-2015 , 09:30:31 pm | Posted By CASANSAAR
To improve the investment climate and reduce the backlog of stalled projects, Economic Survey 2014 – 15, tabled by the Union Finance Minister Shri Arun Jaitley in the Parliament today, argues for a three-pronged strategy: 1. The Survey recommends revival of public investment in short term...
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Government approves norms to appoint MDs, CEOs of 5 state-run banks
Posted Date : 27-Feb-2015 , 08:16:09 am | Posted By CASANSAAR
The government on Thursday approved new norms for the selection of managing directors and chief executive officers at five public sector banks (PSBs), paving way for the appointment of private sector candidates with flexible salary packages. The five banks are Bank of Baroda, Punjab National Ba...
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Banking |
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An amount of Rs 4.5 lakh crore stuck in tax appeals
Posted Date : 26-Feb-2015 , 09:55:14 pm | Posted By CASANSAAR
The centre and Supreme Court are taking progressive measures to reduce the tax litigation in India but it may not be such an easy task.
As per an analysis of the annual report of ministry of finance for the fiscal year 2013 - 14 the quantum of money stuck in tax appeals ...
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Income Tax |
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Insurance Cos can hire agents without IRDA license from Apr 1
Posted Date : 26-Feb-2015 , 07:22:47 pm | Posted By CASANSAAR
Insurance Regulatory and Development Authority of India(IRDA) today said insurance companies can appoint individual agents on their own without license from the regulator from April 1.
IRDA chairman T S Vijayan said the regulator also plans to make health insurance, so far considere...
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General |
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Rail Budget 2015: No Increase in Passenger Fares, No New Trains Announced
Posted Date : 26-Feb-2015 , 02:43:43 pm | Posted By CASANSAAR
Railway Minister Suresh Prabhu played safe in his maiden Budget refusing to take the populist route of announcing a large number of new trains but also failed to take measures to increase the earnings of the public transporter by not increasing the passenger fare.
With no major announcement...
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Railways to undertake systematic human resource Audit
Posted Date : 26-Feb-2015 , 02:22:23 pm | Posted By CASANSAAR
The Union Railway Minister Shri Suresh Prabhakar Prabhu has announced that a systematic Human Resource Audit would be undertaken to prepare the workforce of Indian Railways for the future and for enhancing organizational performance . Presenting the Railway Budget for 2015-16 in Parliament today he ...
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Nine Major Thrust Areas in the Railway Budget 2015-16
Posted Date : 26-Feb-2015 , 02:19:42 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu while presenting the Railway Budget 2015-16 in Parliament today has said that there are nine thrust areas in this Budget which are as follows:
1. Indian Railways to become prime mover of economy once ag...
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Size of Plan Budget of Railways up by 52%
Posted Date : 26-Feb-2015 , 02:18:52 pm | Posted By CASANSAAR
The Union Railway Minister Shri Suresh Prabhakar Prabhu has announced that the size of the Plan Budget has gone up by 52% from Rs. 65,798 crore in 2014- 15 to Rs. 1,00,011 crore in 2015-16. Support from the Central Government constitutes 41.6% of the total Plan Budget and Internal generation 17.8 %....
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24x7 Helpline Number 138 to Redress Problems of Passengers
Posted Date : 26-Feb-2015 , 02:17:08 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu has said that an all - India helpline number, 138, will become functional to attend to the problems of passengers on a real time basis. Presenting the Railway Budget 2015-16 in Parliament today Shri Prabhu said, passengers will be able to call up...
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Posted Date : 26-Feb-2015 , 02:14:41 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu has said that ensuring higher standards of cleanliness is of utmost priority for Indian Railways. He said, his Ministry wants to make Swachh Rail the driving force behind the Government’s flagship programme ‘Swachh Bharat Abhiyan&rsqu...
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Railways to Work on
Posted Date : 26-Feb-2015 , 02:14:05 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu has said that ensuring higher standards of cleanliness is of utmost priority for Indian Railways. He said, his Ministry wants to make Swachh Rail the driving force behind the Government’s flagship programme ‘Swachh Bharat Abhiyan&rsqu...
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Finance Ministry to Provide Budgetary Support of Rs 40,000 Crore for the Railway
Posted Date : 26-Feb-2015 , 02:13:29 pm | Posted By CASANSAAR
The Railway Minister has said that the Ministry of Finance has communicated a Gross Budgetary Support of Rs. 40,000 crore for the Railway’s annual Plan. Presenting the Railway Budget 2015-16 in Parliament today Railway Minister Shri Suresh Prabhakar Prabhu said Rs. 1,645.60 crore has also been...
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