Jaitley has announced increasing the super-rich surcharge to 12%.
Improvement in passenger amenities and better interiors would also figure in the budgetary proposals.
Forex dealers said though increased demand for the US currency from importers put pressure on the rupee but a higher opening in the domestic equity market and the dollar's rise against other currencies overseas, capped the losses.
The capital outlay for the three services, for modernisation, stood at Rs 78,586.68 crore
Several speakers noted that Budget carried the weight of expectations.
The hype surrounding the Budget gives it undue importance.
Passenger fares and freight rates were left untouched
The macroeconomic environment has changed dramatically for the better.
The auto industry expects lower taxes and interest rates from Budget 2015.
The proposed IFC disrupts existing regulatory structures.
The Budget would preserve macro-economic stability.
On retirement, you will draw a lesser amount as pension.
Chief Economic Advisor Arvind Subramanian's interview.
Single window clearances for realty must.
Here's what celebrities had to say about Arun Jaitley's Budget.
India is only on the starting block.
The government has extended excise duty concessions beyond 30th June 2014 for a period of 6 months up to 31st December 2014.
Finance Minister Arun Jailtey's time table on Budget day.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
Trading would be conducted during normal hours.
'It is a balanced and prudent Budget that sets the foundation for future growth in the economy.'
Budget has laid emphasis on enhancing expenditure in farm & rural, and social sector including healthcare, education, skill development, job creation and infrastructure
Finance Minister Nirmala Sitharaman on Tuesday announced cutting import duty on cut and polished diamonds and gemstones to 5 per cent while on sawn diamond to nil in order to boost the sector. At present, import duty on cut and polished diamonds as well as gemstones is 7.5 per cent. Presenting the Budget for 2022-23 in the Lok Sabha, Sitharaman also announced that the government will facilitate export of jewellery through e-commerce for which it will implement a "simplified regulatory framework" by June this year.
This Budget will be a litmus test of the government's resolve to ensure Make in India strategy works
Can Jaitley's team hope to garner 17% more on personal income tax?
There are high hopes that the Budget for 2014-15 to be presented in Parliament may actually not tinker with the threshold limit or the other tax slabs but could provide reliefs by incentivising savings.
Dining and drinking out will be expensive.
'If the total amount is spent, it will be highest Budget spend on MGNREGA.'
The jump can be attributed to increased assistance through soft loan.
GDP growth seen at 8.1-8.5% in 2015-16
Govt wants to up investment in Railways
In Budget 2015, the finance minister has opted to take the slow road and has doubled the cess on coal to "balance the need to tax pollution and the price of power" in his words.
Print media will not benefit from the Budget.
According to FADA, automobile retail trade and service industry comprises a network of 9,500 automobile dealers and their service stations engaged in sale, service/repair and spares of vehicles across segments, is an essential link in automotive business and a significant stakeholder.
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In New York market, the dollar lost ground against most major rivals on last Friday amid mixed US data on industrial production and consumer sentiment.
Jaitley is expected to present a common man friendly Budget.
FM proposed rationalisation of various tax exemptions.
