Budget 2014
The Finance Minister Arun Jaitley today stated that all the fresh cases arising out of the 2012 amendment of I-T Act would be looked into by a high level CBDT (Central Board of Direct Taxes) committee. He also mentioned that retrospective amendments to tax laws will be undertaken with extreme caution and the investors need not [...] Continue Reading »
The Finance Minister Arun Jaitley speech while presenting the maiden NDA budget talks about the beginning of a new era of improved infrastructure, better housing conditions, better industrial growth and overall happiness for all. He started the speech with thanking the nation for electing them and mentioned that his government is taking all the measures [...] Continue Reading »
The Budget had scored many hits and misses just like the on-going football world cup. The investors were confused to quite an extent after following the finance minister Arun Jaitley’s maiden Budget. Eventually, after an exceptionally volatile intra-day trading that saw the Sensex move more than 800 points, the benchmark lost 72 points. Jaitley decided to [...] Continue Reading »
The current budget emphasises on the economical use of resources and cuts down on expenditure. Looking at the condition of the central treasury, Jaitley’s budget does not emphasise on allotting budget for the infrastructure and other sectors, instead has opened the floodgate for FDI and retail investments in the forms of REITs and InvITs so [...] Continue Reading »
On Thursday as the Budget halted shortly after announcing measures to better big-bang issues and increasing measures to support growth, Indian equities felt more than their initial share of volatility. The budget spoke about the Centre’s commitment to fiscal prudence. The tug of war that existed between the bulls and bears was finally won by [...] Continue Reading »
The smart cities are all that have been taken care of in the Budget, the FDIs and SEZs. The Budget has allocated an amount of Rs 7,060 crore for 100 smart cities. The prime minister of India, Narendra Modi wants to see 100 smart cities which will be a strong measure and will help India [...] Continue Reading »
Bangalore is apparently set to benefit from the NDA government 2014-15 fiscal budget, especially when it comes to the government’s noteworthy focus on getting the ‘smart cities’ project implemented enthusiastically by developing 100 smart cities. That the Budget is a good sop for Bangalore is evident from the fact that the one of the country’s [...] Continue Reading »
Presenting the Budget 2014-15 on Thursday, Union Finance Minister Arun Jaitley announced a number of steps which will fast-track infrastructure projects being developed via public-private partnership (PPP) process. Giving infrastructure in PPP a notable push in the Budget, Jaitley drew attention to the fact that PPP has effectively delivered iconic infrastructure – including highways, ports [...] Continue Reading »
Finance Minister Arun Jaitley has announced a number of measures, in Budget 2014-15, to increase agricultural production in the country. The measures announced by Jaitley are essentially aimed at bringing about a 4 percent growth in the agriculture sector in FY15, particularly in the wake of concerns with regard to a weak monsoon – projected [...] Continue Reading »
Finance Minister Arun Jaitley has given a much-required thrust to the real estate sector in Budget 2014, which includes a significant boost to low-cost and affordable housing. With sales in realty sector having been sluggish of late, the Budget brings noteworthy relief to the housing sector; with an allocation of Rs 4,000 crore for low-cost [...] Continue Reading »
