FM to begin Pre-Budget consultations from Jan 6
Posted Date : 16-Dec-2014 , 10:07:24 pm | Posted By CASANSAAR
Finance Minister Arun Jaitley will hold pre-budget consultations with different stakeholders including trade unions, financial institutions and economists beginning January 6.
Jaitley, who would be presenting his second Budget in February end, will hold pre-budget discussions with industry ...
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Rajya Sabha clears Finance Bill 2014
Posted Date : 01-Aug-2014 , 08:01:19 am | Posted By CASANSAAR
Finance bill 2014 Final was presented by Finance Minister Shri Arun Jaitley on 10th July 2014. The bill got approval of Lok Sabha on25th July 2014 withsome amendments. Now Rajya Sabha has cleared the Finance Bill 2014 on 31st July 2014.
Finance Bill will comes into effect af...
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Jaitley presents Delhi's Budget for Rs 36,776 cr, no new taxes proposed
Posted Date : 18-Jul-2014 , 01:46:23 pm | Posted By CASANSAAR
Finance Minister Arun Jaitley on Friday presented Delhi's Budget for Rs 36,776 crore in the Lok Sabha.
No new taxes have been proposed by the Finance Minister in the budget. Rs 260 crore has been provided for power subsidy in Delhi. Jaitley said that Rs 0.80-1.20 per unit subsidy will be pr...
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Highlights of Union Budget 2014-15
Posted Date : 10-Jul-2014 , 03:01:50 pm | Posted By CASANSAAR
The new exemption limit was fixed at Rs. 2.5 lakh — from the existing Rs. 2 lakh. For senior citizens, the exemption limit was raised from Rs. 2.5 lakh to Rs. 3 lakh. Besides, the government raised the tax exemption on home loans from Rs. 1.5 l...
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Budget 2014-15: Personal Tax Exemption Limit Raised by Rs. 50,000/- ; No Change in the Rate of Surcharge
Posted Date : 10-Jul-2014 , 02:53:11 pm | Posted By CASANSAAR
The General Budget 2014-15 presented by the Union Finance Minister Shri Arun Jaitley has raised the personal income-tax exemption limit by Rs. 50,000/- that is, from Rs. 2 lakh to Rs. 2.5 lakh in the case of individual taxpayers, below the age of 60 years. Exemption limit raised from Rs. 2.5 lakh to...
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Budget 2014-15: More Services Bought in the Service Tax Net, Indirect Taxes to Yield Rs.7525 Crore
Posted Date : 10-Jul-2014 , 02:49:14 pm | Posted By CASANSAAR
To broaden the tax base in Service Tax, sale of space or time for advertisements in broadcast media has been extended to cover such sales on other segments like online and mobile advertising. Announcing the tax proposals, the Finance Minister Shri Arun Jaitley said during his maiden budget speech th...
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Budget 2014-15: Basic Custom Duties Reduced on Certain Items to Encourage Investment and Domestic Production
Posted Date : 10-Jul-2014 , 02:48:12 pm | Posted By CASANSAAR
To boost domestic manufacture and to address the issue of inverted duties, the General budget 2014-15 has reduced basic customs duty (BCD) on certain items. To encourage new investment and capacity addition in the chemicals and petrochemicals sector, basic customs duty has been reduced. This was ann...
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Budget 2014-15: E-Visa to be Introduced at Nine Airports
Posted Date : 10-Jul-2014 , 02:05:49 pm | Posted By CASANSAAR
The facility of Electronic Travel Authorisation (e-Visa) shall be introduced in a phased manner at nine airports in India. Announcing this during his maiden Budget Speech in the Lok Sabha today, the Finance Minister Shri Arun Jaitley said that the necessary infrastructure would be put in place withi...
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Budget 2014-15: Several Steps Announced to Promote Foreign Direct Investment (FDI) in Select Sectors
Posted Date : 10-Jul-2014 , 02:04:01 pm | Posted By CASANSAAR
Government has announced several steps to promote Foreign Direct Investment(FDI) selectively in sectors where it helps the larger interest of the Indian economy. Announcing this during his maiden Budget Speech in the Lok Sabha today, the Finance Minister Shri Arun Jaitley said that composite cap of ...
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Budget 2014-15: Enactment of Indian Financial Code Necessary for Better Governance and Accountability
Posted Date : 10-Jul-2014 , 01:53:17 pm | Posted By CASANSAAR
The Finance Minister Shri Arun Jaitley in his maiden Budget Speech advised financial sector regulators to take early steps for a vibrant, deep and liquid market. Shri Jaitley also proposed to extend a liberalized facility of 5% withholding tax to all bonds issued by Indian corporate abroad, extendin...
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Budget 2014-15: Legislative and Administrative Changes Proposed to Reduce Litigation in Direct Taxes
Posted Date : 10-Jul-2014 , 01:50:06 pm | Posted By CASANSAAR
Government has proposed certain legislative and administrative changes with a view to reduce litigation in direct taxes. Announcing this in his maiden Budget Speech in the Parliament today, the Union Finance Minister Shri Arun Jaitley said that resident tax payers can now obtain an advance ruling in...
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Budget 2014-15: Fresh Cases Arising Out of Retrospective Amendments of 2012 to be Scrutinised by High Level Committee
Posted Date : 10-Jul-2014 , 01:48:34 pm | Posted By CASANSAAR
All fresh cases arising out of the retrospective amendments of 2012 in direct transfers will be scrutinized by High level committee to be constituted by the CBDT before any action is initiated in such cases. Announcing this during his Budget Speech in the Lok Sabha today, Finance Minister Shri Jaitl...
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Budget 2014-15 : Five New IITs and Five New IIMS will be Set Up in the States
Posted Date : 10-Jul-2014 , 01:46:05 pm | Posted By CASANSAAR
The Government has announced to set-up five more IITs in the Jammu & Kashmir, Chattisgrah, Goa, Andhra Pradesh and Kerala. Similarly, five new IIMs will be set-up in the States of Himachal Pradesh, Punjab, Bihar, Odisha and Maharashtra. For this, a sum of Rs. 500 crore has been allocated in the ...
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Union Budget 2014-15 Live Updates
Posted Date : 10-Jul-2014 , 01:16:15 pm | Posted By CASANSAAR
Finance Minister Arun Jaitley will present his maiden budget on Thursday that may contain measures aimed at reviving India's slowing economy. CASANSAAR are Providing you Live Updates on Union Budget. Just refrerh the page (or click on F5)
Union Budgeet 2014-15 - LIVE UPDATES
&nbs...
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Union Budget 2014-15 Watch Live Telecast online on casansaar.com
Posted Date : 10-Jul-2014 , 10:57:41 am | Posted By CASANSAAR
Hon'ble Finance Minister's Presentation of Union Budget in the Parliament on 10th July 2014 at 11:00 AM IST.
Watch Live Telecast of Union Budget 2014 at 11.00 AM IST.
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Union Budget 2014-15 to be presented in Parliament today
Posted Date : 10-Jul-2014 , 07:55:32 am | Posted By CASANSAAR
Finance Minister Arun Jaitley will present his maiden Budget on Thursday after his Bharatiya Janata Party, led by Prime Minister Narendra Modi, won a landslide victory in May to form the first majority government in three decades.
Jaitley's maiden Budget is expected to be a tightrope walk...
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Railway Budget 2014: Highlights
Posted Date : 08-Jul-2014 , 01:59:06 pm | Posted By CASANSAAR
On Thursday, the new government led by Prime Minister Narendra Modi presented its maiden budget -- its first big policy statement on how it intends to overhaul an economy saddled with slow growth and weak public finances.
Railway Minister Sadananda Gowda presented the Rail Budget in the Parl...
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Rail Budget : 58 New Trains to be Introduced 11 Existing Trains to be Extended
Posted Date : 08-Jul-2014 , 01:41:46 pm | Posted By CASANSAAR
Railways proposes to introduce 58 new trans which includes five Jansadharan Trains, five Premium Trains, six AC Express Trains, 27 Express Trains, eight Passenger Trains, two MEMU services and five DEMU services this year. Announcing this in Parl...
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Rail Budget : Financial Performance of Railways in 2013-14
Posted Date : 08-Jul-2014 , 01:40:22 pm | Posted By CASANSAAR
The Minister of Railways Shri D. V. Sadananda Gowda, while presenting the Railway Budget for 2014-15 in Parliament today, said that the financial position of Railways has undergone a change since presentation of Interim Budget and passing of the ‘Vote on Account’ in February last. He gav...
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Rail Budget : Railways to Earn Rs. 1.64 lakh Crore in 2014-15 on Improved Operating Ratio
Posted Date : 08-Jul-2014 , 01:39:40 pm | Posted By CASANSAAR
The Minister of Railways Shri D. V. Sadananda Gowda, while presenting the Railway Budget for 2014-15 in Parliament today, gave details of the Budget estimates of Railways for the year 2014-15 as under:- Anticipating a healthier growth of economy, it is hoped to achieve total receipts of Rs. 1,6...
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Rail Budget : Railway Reservation System to be Revamped
Posted Date : 08-Jul-2014 , 01:38:58 pm | Posted By CASANSAAR
The Minister of Railways Shri D. V. Sadananda Gowda has said that Railway Reservation System will be revamped into Next Generation e-Ticketing System. Ticket booking through mobile phones and through Post Offices will be popularized. Presenting the Railway Budget 2014-15 in Parliament today he ...
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Bullet Trains and Diamond Quadrilateral Network of High Speed Rail
Posted Date : 08-Jul-2014 , 01:37:52 pm | Posted By CASANSAAR
The Minister of Railways Shri D. V. Sadananda Gowda has said that Indian Railways is on its way to fulfill the long cherished dream to run a Bullet Train. Presenting the Railway Budget 2014-15 in Parliament today, he said, the Railways proposes bullet trains by starting off with an already identifie...
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Modi government to present its 1st Rail Budget today
Posted Date : 08-Jul-2014 , 08:31:20 am | Posted By CASANSAAR
Facing its first challenge, the Narendra Modi will present its first Railway Budget on Tuesday. High-speed trains, world-class stations and safe journeys are likely to be the government's top priorities.
The high-profile Golden Quadri-lateral Rail Network-linking the four metro cities-might...
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Punjab Budget to be presented on 16th July
Posted Date : 07-Jul-2014 , 07:59:19 am | Posted By CASANSAAR
Punjab's Budget for 2014-15 will be presented on July 16 in the state assembly.
The six-day Budget session in the state would commence on July 15.
The session will commence with obituary references to those who died since the last session in February, an official spokesman said...
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Printing Process for Union Budget 2014-15 Commenced with Halwa Ceremony
Posted Date : 03-Jul-2014 , 07:49:27 am | Posted By CASANSAAR
More than 100 officials involved in making the Union Budget are locked in from today in the Budget Press in North Block and will remain there till the Finance Minister’s Budget Speech is over in Lok Sabha on 10th July, 2014. ‘Halwa Ceremony’ marking the commencement of printing pro...
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Govt to present its first Union Budget on July 10, Railway Budget on July 8
Posted Date : 23-Jun-2014 , 03:57:56 pm | Posted By CASANSAAR
The Rail Budget will be presented on July 8, while the Economic Survey will be released on July 9, the Cabinet Committee on Parliamentary Affairs (CCPA) decided on Monday at a meeting held in parliamentary affairs minister M Venkaiah Naidu's chamber in Parliament House.
The CCPA, headed by ...
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Rail passenger fares hiked by 14.2%, freight by 6.5%
Posted Date : 20-Jun-2014 , 08:27:52 pm | Posted By CASANSAAR
In an unpopular decision, railway passenger fare was today increased by 14.2% in all classes while freight charge was hiked by 6.5% with effect from June 25.
The decision of the Railways today restores an announcement of May 16, the day Lok Sabha electi...
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Union Budget 2014-15 likely to be presented on July 09/10
Posted Date : 18-Jun-2014 , 09:28:17 am | Posted By CASANSAAR
Finance Minister Arun Jaitly is likely to present the Union Budget for 2014-2015 in Parliament on on July 09/10 as per sources.
The budget session of Parliament is likely to be convened from July 07 while the Rail Budget will be presented on July 08, sources told Zee Media.
Both the bu...
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Pre-budget meeting with banks, financial institutions on June 10
Posted Date : 08-Jun-2014 , 09:23:22 pm | Posted By CASANSAAR
Amidst concerns over rising bad loans, Finance Minister Arun Jaitley will hold pre-budget consultations with heads of banks and financial institutions on June 10 to deal with the situation.
Meeting with CMDs and CEOs of banking and financial institutions is scheduled for Tuesday, a day after the Fi...
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Highlights of the Additional Maharashtra Budget
Posted Date : 05-Jun-2014 , 06:26:38 pm | Posted By CASANSAAR
* Minimum salary limit for Profession Tax increased to Rs 7,500 from Rs 5,000.
* Turn over limit for registration under VAT increased to Rs 10 lakh from Rs 5 lakh
* Tax rate on cotton reduced to 2% from 5%
* Sugarcane purchase tax exempted for 2013-14
* Sales/Lease ...
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