Indian Budget 2014 | Zee News

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Indian Budget 2014 News

16 Jul 2014

Budget has limited short term impact on power sector: Fitch

The Budget proposals for the power sector are directionally correct but lack specifics to support a meaningful improvement in the short-term, rating agency Fitch said on Wednesday.

15 Jul 2014

Parliament to pass Union Budget before July 31

Racing against time, the budgetary exercise this time will be fast-tracked so as to ensure that the Finance Bill 2014-15 is passed before July 31.

14 Jul 2014

Budget has no impact on India's sovereign ratings: S&P

S&P is the only of the three major credit agencies to have a "negative" outlook on India.

11 Jul 2014

Foreign brokerages hail Budget as growth, reforms-oriented

Analysts at foreign brokerages have lauded Finance Minster Arun Jaitley's maiden Budget saying the measures announced will boost growth as it has ushered in the much-needed reforms and has created a conducive investment climate.

NRI entrepreneurs

11 Jul 2014

Top NRI entrepreneurs hail Budget as "progressive, pragmatic"

Leading NRI entrepreneurs have hailed India's budget as "progressive, pragmatic and sensible" while suggesting that overseas Indians be treated on equal terms with resident Indians for investments.

11 Jul 2014

Not a 'big bang' Budget but overall tone positive: HSBC

There was no 'big bang' in the Budget but the overall positive tone should keep the country's feel-good factor going, global financial services major HSBC said in a report.

11 Jul 2014

Budget 2014: Govt allocates Rs 8.93 crore for SIT on black money

Government has sanctioned a budget of Rs 8.93 crore for the infrastructure and logistical requirements of the Special Investigation Team (SIT) set up to combat the menace of black money in the country.

11 Jul 2014

Budget: Govt sanctions Rs 13.11 cr for overseas tax offices

Government has sanctioned an amount of Rs 13.11 crore for the expenditure of ten Income Tax Overseas Units (ITOUs), created to curb offshore tax evasion and promote foreign investment, in countries like Germany, USA and France.

11 Jul 2014

Ban-hit Goa mining industry sees ray of hope in Budget

Goa's beleaguered mining industry on Thursday said certain proposals in the Union Budget are expected to help the resumption of iron ore extraction, which had been stalled in the State since the last two years.

11 Jul 2014

Budget Impact: Free drugs, diagnosis to ensure 'Health for All' priority

Aiming to ensure "Health for All," government on Thursday promised to take up on priority initiatives like providing free drugs and diagnostic services besides earmarking Rs 500 crore to set up four more AIIMS-like institutes and earmarked Rs 39,237.82 crore for the sector.

11 Jul 2014

Black money a curse of economy, says Jaitley

The Finance Ministry has already constituted a Special Investigation Team (SIT) under the chairmanship of former Supreme Court judge Justice M B Shah.

11 Jul 2014

PF trusts without regular exemption may come under tax net

There are 3,621 private PF trusts which are regulated by EPFO.

11 Jul 2014

Industry hails infra reforms announcements in Budget

Narendra Modi's maiden budget has paved way for infrastructure reforms and has created a sense of confidence among investors, who are awaiting removal of structural bottlenecks in projects, industry analysts and India Inc on Thursday said hailing announcements.

11 Jul 2014

At Rs 6,000-cr, Modi govt grants 50% jump in ISRO Budget

In 2013-14, although the Department of Space was initially given Rs 5,615 crore, that allocation was later revised to Rs 4,000 crore.

11 Jul 2014

Mutual Fund industry says Budget a mixed bag

The mutual fund industry on Thursday welcomed the Budget proposal to increase the tax exemption limit under section 80C of the Income Tax Act to Rs 1.5 lakh, but said other measures were a mixed bag.

11 Jul 2014

US investors welcome Modi govt's maiden Budget

The maiden Budget of the Modi Government has been hailed by American experts and corporate sector here as a step in the right direction to generate employment and foster growth.

11 Jul 2014

Budget 2014-15: Dearer and Cheaper list

Following is a list of what will be cheaper and costlier:

Union Budget 2014-15

10 Jul 2014

Budget 2014-15 boost for MSME sector

Finance Minister Arun Jaitley Thursday announced measures for the development of micro, small and medium enterprises (MSMEs), while allocating a sum of Rs.10,000 crore for start-up companies in his maiden budget presented to parliament.

10 Jul 2014

Budget 2014-15 is directional; aimed at medium term: CII President

The maiden Budget presented by the new government contains a comprehensive package for economic revival and creation of jobs, said Ajay Shriram, President, CII.

10 Jul 2014

Budget will give impetus to people’s participation: Narendra Modi

Prime Minister Narendra Modi on Thursday termed the Budget as one that converts hopes and aspirations of the people into trust.

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