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Jaitley set to present national budget for 2016-17

New Delhi, Feb 29 Finance Minister Arun Jaitley was set to present India’s national budget for the next fiscal in the Lok Sabha on Monday amid concerns over the country’s stagnating growth rate,...

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Finance minister allocates Rs.38,500 crore for MNREGA

New Delhi, Feb 29  Union Finance Minister Arun Jaitley on Monday allocated Rs.38,500 crore for schemes under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA).He announced this while...

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Government allocates Rs.9,000 crore for Swachh Bharat Abhiyan

New Delhi, Feb 29  The central government on Monday announced allocation of Rs.9,000 crore for the Swachh Bharat Abhiyan (Clean India Campaign) in the country.“The concept of Swachh Bharat was very...

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One crore youths to get skill development training: Jaitley

New Delhi, Feb 29  One crore youths would be trained under the government’s skill development programme in the next three years, Finance Minister Arun Jaitley said on Monday.Presenting the Union Budget...

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90 percent domestic honey being exported: Jaitley

New Delhi, Feb 29  Finance Minister Arun Jaitley on Monday said the country’s domestic honey production has risen from 76,150 tonnes in 2014-2015 to 86,500 tonnes in 2015-2016 and 90 percent of it is...

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Rural economy takes top slot in 9 pillars of Jaitley’s budget

New Delhi, Feb 29  Finance Minister Arun Jaitley presented India’s national budget for 2016-17 in the Lok Sabha on Monday, saying the country was a bright spot of the global economy today, while...

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3,000 new drug stores, dialysis centres to come up: Jaitley

New Delhi, Feb 29  The government will set up 3,000 new generic medicine stores across the country to tackle the shortage of drugs in rural areas, Finance Minister Arun Jaitley said on Monday.“For the...

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Health Insurance up to Rs.1 lakh per family: Jaitley

New Delhi, Feb 29  Finance Minister Arun Jaitley on Monday announced that the government will provide health insurance of up to Rs.1 lakh per family.“The government will provide health insurance of up...

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Higher education financing agency to be set-up: Jaitley

New Delhi, Feb 29 Finance Minister Arun Jaitley on Monday announced the setting up of a higher education financing agency, with a fund of Rs.1,000 crore.Presenting the 2016-2017 Budget in the Lok...

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100 percent foreign equity in retail of domestic food products: Jaitley

New Delhi, Feb 29  In a major reforms push, Finance Minister Arun Jaitley on Monday said 100 percent foreign equity will be allowed in the retail of domestically-processed food to give a push to the...

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‘Ek Bharat Shrestha Bharat’ scheme to be launched: Jaitley

New Delhi, Feb 29 (IANS) Finance Minister Arun Jaitley on Monday announced that ‘Ek Bharat Shrestha Bharat’ scheme will be launched with an aim to connect states and districts of the country.“The...

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Investment of Rs.97,000 crore in road sector: Jaitley

New Delhi, Feb 29 In a major push on infrastructure, Finance Minister Arun Jaitley on Monday announced allocation of Rs.97,000 crore for the roads sector in the union budget for the next fiscal.This...

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Arun Jaitley flaunts suave fashion sense at Budget 2016-17

New Delhi, Feb 29  Finance Minister Arun Jaitley, who presented India’s national budget for the next fiscal in the Lok Sabha on Monday, gave every bit of a competition to the fashion savvy Prime...

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Jaitley’s budget focuses on small tax payers, rural economy

New Delhi, Feb 29  Finance Minister Arun Jaitley on Monday gave relief to small tax payers, nudged the affluent to shell out more while focusing on the rural economy with much higher fiscal outlays, as...

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Incentivising domestic value addition to help Make in India

While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley said that customs and excise duty structure plays an important role in incentivizing...

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Government to Double the Income of Farmers by 2022

Unified Agricultural Marketing E-Platform to be Dedicated to the Nation on 14th April this Year The Union Finance Minister, Shri Arun Jaitley while presenting the General Budget today said that his...

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Jaitley allots Rs.25,000 crore for state-run banks’ recapitalisation

New Delhi, Feb 29  Continuing government efforts to deal with the high levels of non-performing assets (NPAs), or bad debts, of state-run banks, Finance Minister Arun Jaitley on Monday allocated...

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One more scheme for holders of black money

New Delhi, Feb 29  Union Finance Minister Arun Jaitley on Monday announced a new amnesty scheme for those having unaccounted money to come clean by paying 45 percent of their undisclosed asset....

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GDP Projected at 7.6% for 2016-17 – IMF Hails India’s Growth

Emphasis on Infrastructure Development Benefits to small tax payers, health scheme for poor  – Rich taxed – Cigarettes and Cars costlier Revenue Loss from Direct Tax concessions – Rs 1060 crore &...

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Highlights of Union Budget 2016-17

New Delhi, Feb 29  Highlights of the budget for 2016-17 presented by Finance Minister Arun Jaitley in the Lok Sabha. Highlights of Union Budget 2016-17 : * To reduce multiplicity of taxes and...

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