On the revenue front, the finance ministry was expecting higher proceeds from non-tax revenue.
Budget may bring exemption for those backed by Indian securities other than shares
Capex for next year expected to be up 25% to Rs 3 lakh crore
Modi govt faces extra spending burden due to policies like 7th Pay Commission and OROP
Monetary incentives under Skill India to small entrepreneurs, capital infusion into technology fund to help businesses expand operations
Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy
Finance ministry's drive is meant to meet fiscal deficit target and improve overall efficiency in government spending.
Ministry considering tax sops for India's first global financial centre, steps to liberalise futures and options markets.
Agri experts are meeting FinMin ministry officials on Monday to give their inputs on the Budget.
For a long time, the Indian economy has been drifting without a credible monetary anchor.
There are about 500,000 fair price shops in states and UTs combined.
The National Democratic Alliance won 64 seats.
Fiscal situation better but spending cuts likely in FY16 too.
In January-June, India attracted $31 billion (Rs 2.05 lakh crore) in capital expenditure (capex) from foreign companies.
The MPC states that the 4 external members will have a tenure of four years each.
The government is considering a proposal to privatise some state-owned banks in phases.
This is the Centre's highest-ever budgeted capital outlay.
Bureaucrats heading disinvestment and financial services usually don't get appointed as finance secretary.
The outgo for major subsides, is the highest in the first quarter.
The government notified the compliance window under the Act.
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