Jaitley said returns from the stock market are quite attracting and it was time to bring them under the ambit of capital gains tax.
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Many of the PPPs have not evinced interest, Prabhu said.
SpiceJet would see a capital infusion of Rs 1,500 crore.
The Budget has unveiled measures that should now pave the way for India to progress from Make in India to 'Innovate in India'.
In an interview with Shobha Warrier/Rediff.com, he talks about the economic policies of the Narendra Modi government and whether achche din is really coming.
A recent data released by the Central Statistics Office (CSO) confirm that both the manufacturing and mining sectors shrunk in 2013-14 with fall in output.
Demand among several pre-Budget representation by BSE Brokers' forum
Last week, Power Secretary Pradeep Kumar Sinha said that the government is confident of adding 1,18,000 MW capacity by 2017.
GST will create a single, unified Indian market
Vodafone's focus is to increase consumer data adoption along with Micromax's product expertise, it said in a statement.
Encouraging domestic financial savings through focused measures would help mobilise long term resources for funding infrastructure and economic development.
Industries Minister P Thangamani told the assembly. He was responding to a query by A Sounderrajan of CPI-M.
Budgetary support of Rs 10,00,000 each was provided to Hotel Corporation India, Aero Club of India and Indira Gandhi Rastriya Uran Akademi.
The captains of Indian industry described Narendra Modi government's maiden budget as one with "the right intent and in the right direction".
The government's subsidies on food, fertilisers and petroleum are estimated to decline by 39 per cent to Rs 4,33,108 crore this fiscal and fall further by 27 per cent to nearly Rs 3.18 lakh crore in 2022-23. In its revised Budget (RE) estimate for the 2021-22 fiscal, the government has pegged total subsidies to be at Rs 4,33,108 crore against the actual Budget estimate of Rs 7,07,707 crore in the previous financial year. Out of which, the food subsidy is estimated to decline to Rs 2,86,469 crore in the current fiscal from Rs 5,41,330 crore in 2020-21, while petroleum subsidy is estimated to fall to Rs 6,517 crore from Rs 38,455 crore in the said period.
The move is a continuance of the government steps to clamp down on black money.
SpiceJet is offering fares on Mumbai-Dubai route as a discount.
The Budget has evoked mixed reactions from Silicon Valley investors.
Govt to bring 'Bankruptcy Code' for ease of doing biz
Officials said the government had no option but to cut spending.
The statutory status will provide a legal foundation to Aadhaar.
Emerging nations have discussed delinking the quotas from the governance reforms to facilitate its passage.
One per cent TDS will apply on non-agriculture immovable property of over Rs 50 lakh on the basis of sale price or the stamp duty value, which ever is higher, after an amendment in the Income Tax Act.
The a/c holder will have to mention the date of opening of foreign a/c.
The total two-wheeler sales in June rose 12.99 per cent to 12,61,589 units.
Analysts suggest making separate firms of tobacco, hotels and FMCG divisions
Experts said many firms had unbilled assets on their books.
Even if a company does not invest, it will improve liquidity of banks.
Increase in service tax would make properties costlier to buyers.
This would be a practical way of bringing a huge sum of money.
Duty cut on raw material imports are not likely.
The zones, says Panagariya, would have to be set up near deep-draft ports, capable of accommodating very large and heavily loaded ships
India has already become 7th largest economy of the world, he said, adding that it is expected to become 5th largest economy soon.
Withdrawals from EPF and NPS to have same tax rates.
Budget for women and children welfare increased from Rs 1,56,528 crores to Rs 1,84,632 crores for 2017-18
Finance Minister Arun Jaitley said the fiscal deficit slippage this financial year (2017-18) was largely statistical.
Capex for next year expected to be up 25% to Rs 3 lakh crore
