Live: Arun Jaitley to present govt's first full-year Budget today

Written By Unknown on Sabtu, 28 Februari 2015 | 07.20

04:08 PM

We are perceived as a high tax economy by investors but actual earnings are very low: Jaitley

04:07 PM

We are trying to exhort the middle class to save. This saving eventually takes form of investment: Arun Jaitley

04:01 PM

Resources transferred to states over the years

03:55 PM

We are going to implement 'one rank one pension' as said in the last budget: Arun Jaitley

03:53 PM

Those who evade the law, we have a tough message for them: FM Arun Jaitley.

03:50 PM

We want more money in the hands of the taxpayer, we want to incentivize them to save.

Arun Jaitley

03:50 PM

We brought a paradigm shift in the thinking to the extent that we need to introduce ideas of social security in the system: Arun Jaitley

03:49 PM

The world was enthusiastically looking up at us and we had to work at same pace as we had in last 10 months: FM

03:48 PM

We anticipate that our growth rates will be reasonably better than what they were this year: FM

03:47 PM

We are working under circumstances, which are both challenging and favourable.

Arun Jaitley

03:46 PM

Sensex rises 141.38 points to close at 29,361.50; Nifty gains 57.25 points to end at 8,901.85 on Budget day.

03:46 PM

Govt to replace wealth tax with additional 2% surcharge on super rich: FM

03:32 PM

Finance minister Arun Jaitley on Saturday proposed the setting up of a National Investment and Infrastructure Fund (NIIF) with an initial corpus of Rs 20,000 crore which can be leveraged by infrastructure companies.

03:09 PM

This is how the government spends a rupee

03:09 PM

This is how the government earns a rupee

02:23 PM

The middle classes entirely pay for themselves, so I've allowed Rs 50,000 pension fund: Arun Jaitley

02:21 PM

A growing economy must be concerned about social spending: Finance minister

02:20 PM

Even though I want economy to grow, I can't be unconcerned about the poor: Arun Jaitley.

02:19 PM

This year is my year, I have to be transparent about every fact.

Arun Jaitley

02:19 PM

Everyone thinks it's India's time to fly: Arun Jaitley

02:12 PM

When this new law kicks in is not yet known, but some are wondering if there would be a window for voluntary disclosure.

01:40 PM

Union Budget 2015: Arun Jaitley on service tax

01:37 PM

FM must be congratulated for paradigm shifting Budget: PM

01:35 PM

PM's tweet on black money law in Budget

01:34 PM

Budget is investment friendly and removes all doubts on tax issues. It assures investors that we have a stable, predictable and fair tax system: PM Modi

01:33 PM

Budget 2015 has a distinct focus on farmers: PM

01:33 PM

Govt to enact tough penalties for tax evasion in new bill: FM

01:32 PM

Union Budget 2015 is a Budget with a clear vision. It is a Budget that is progressive, positive, practical, pragmatic and prudent.

PM Narendra Modi

01:31 PM

5 crore small business to get mudra bank

01:16 PM

100% deduction for contribution to Swachch Bharat and Clean Ganga schemes

01:05 PM

Govt to launch PM Suraksha Bima Yojana: FM

01:02 PM

FM proposes to enact a comprehensive new law on black money

01:00 PM

Proposes 5 ultra mega power projects for 4,000 MW each: FM

12:59 PM

Defence allocation for this fiscal is Rs 2,46,727 cr: FM

12:45 PM

Budget highlights: All you need to know

12:44 PM

Budget 2015: FM on rural infrastructure

12:43 PM

Investment in infrastructure to go up by Rs 70,000 crores: Jaitley

12:42 PM

Finance minister Arun Jaitley concludes his Budget presentation.

12:40 PM

Proposes 5 ultra mega power projects for 4,000 MW each: FM

12:37 PM

Net gain from tax proposals seen at 150.68 billion rupees in 2015-16.

12:36 PM

Direct tax proposals will lead to loss of Rs 8,315 crore; indirect proposal will yield Rs 23,383 crore.

12:35 PM

We have been consistent in what we have said and what we are doing: Arun Jaitley.

12:34 PM

Yoga included in the ambit of charitable purposes under the Income Tax Act.

12:33 PM

Individual tax payer will benefit to the extent Rs 4,44,200 from the exemptions announced.

12:32 PM

All contributions to Sukanya Samridhi scheme to be tax free.

12:32 PM

Transport allowance, which is currently Rs 800 per month, has been increased to Rs 1600 per month: Arun Jaitley.

12:31 PM

Additional deduction of Rs 50,000 for pension contributions.

12:28 PM

Govt increases limit of deduction of health insurance premium from Rs 15,000 to Rs 25,000.

12:27 PM

100% deduction for contribution to Swachch Bharat and Clean Ganga schemes.

12:27 PM

Rs 150 core to create world class IT hub in India: FM

12:27 PM

FM proposes to increase service tax rate and education cess to 14% from 12.36%.

12:26 PM

The excise duty on footwear having retail price of more than 1000 per pair has been reduced by 6 %: FM

12:26 PM

Budget 2015: FM on fund allocation to different sectors

12:26 PM

Non-filing of returns, or filing of returns with inadequate information will attract rigorous imprisonment.

12:25 PM

Custom duty on raw materials and intermediaries to be reduced: FM.

12:24 PM

Tax dept to put out a clarification on indirect transfer of assets and dividend paid by foreign firms.

12:24 PM

Govt: Retrospective tax provisions will be avoided.

12:23 PM

Replacing wealth tax with a surcharge on super-rich will lead to Rs 9,000 crore additional income.

12:22 PM

Govt to abolish wealth tax, replaces wealth tax with additional 2%surcharge on super rich

12:21 PM

Govt reduces taxes on technical services to 10% from 25%.

12:21 PM

Govt to reduce custom duty on 22 items.

12:19 PM

Govt defers roll out of anti-tax avoidance rules GAAR by 2 years.

12:17 PM

Sensex rebounds by nearly 250 points on Budget proposal to reduce corporate tax rate.

12:16 PM

Quoting PAN a must for all purchases above Rs 1 lakh.

12:16 PM

Benami property transaction bill to tackle black money transaction in real estate soon.

12:15 PM

Foreign Exchange Management Act to allow for seizure of foreign properties and assets.

12:15 PM

Highlights of Budget

12:13 PM

Govt to enact tough penalties for tax evasion in new bill.

12:13 PM

Concealment of income wiil be prosecutable with rigourous imprisonment.

Arun Jaitley

12:12 PM

FM proposes to enact a comprehensive new law on black money to bring back black money stashed abroad.

12:11 PM

The problem of poverty and inequity cannot be eliminated unless generation of black money is dealt with effectively.

Arun Jaitley

12:10 PM

Sensex recovers, up 1% after Jaitley lowers corporate tax rate.

12:10 PM

Sensex should like govt proposal of 5% reduction in corporate taxes in Budget.

12:09 PM

Corporate tax reduced from 30% to 25% over next four years

12:08 PM

Budget estimates of expenditure: Rs 17 .77 lakh crpre, of which non-plan is Rs 13.12 lakh crore, and plan is Rs 4.65 lakh crore.

12:07 PM

It has been our endeavour in last 9 months to foster a stable taxation policy: Arun Jaitley.

12:04 PM

Defence allocation for this fiscal is Rs 2,46,727 crore.

12:03 PM

Nifty turns negative, down 0.04%.

12:02 PM

ISM Dhanabad will be upgraded to full IIT.

12:02 PM

AIIMS to be set up in J&K, Punjab, Tamil Nadu, Himachal Pradesh and Assam.

12:02 PM

Section 6 of FEMA to be amended: FM

12:02 PM

Government proposes to bring in a regulatory reform law.

12:01 PM

Govt to raise visa-on-arrival facilities to 150 countries from 43

12:00 PM

Govt to raise visa-on-arrival facilities to 150 countries from 43

11:52 AM

Govt proposes to do away with different types of foreign investment and replace them with composite caps.

11:51 AM

Rs 1000 crore more to Nirbhaya fund

In order to support security of women,I have decided to provide another Rs 1000 crore to Nirbhaya fund: Arun Jaitley

11:51 AM

'Agri income, invst boost in infra, manufacturing key challenges'

11:50 AM

Employee's contribution to EPF below an income threshold will be optional without reducing employer's contribution.

11:49 AM

Markets pare gains, but still in green.

11:49 AM

Will put in place bankruptcy code soon:FM

11:48 AM

I propose to work on developing Indian gold coin which carries the Ashok Chakra, will help recycle gold available in country.

Arun Jaitley

11:48 AM

Govt to introduce Indian gold coin with Ashoka sign on it.

11:47 AM

India is the largest consumer of gold in the world, I propose to introduce a gold monetization scheme.

11:45 AM

Govt plans to introduce direct tax regime that is internationally competitive on rates without exemptions.

11:45 AM

Govt to set up public debt management agency.

11:44 AM

FM proposes to merge commodities regulator with SEBI.

11:44 AM

Rs 5000 crore: FM. PM Modi had said on Friday that his government would continue MNREGA since it is a glaring example of Congress's failure.

11:42 AM

Initial sum of Rs 150 core to create world class IT hub to take advantage of our competitiveness.

11:42 AM

Second unit of Kudankulam nuclear power station to be commissioned in 2015-16.

11:41 AM

Proposes 5 ultra mega power projects for 4,000 MW each: FM

11:41 AM

Tax-free infrastructure bonds for projects in railways and roads: FM

11:40 AM

PPP model of Infrastructure to be revitalized and realigned.

11:39 AM

Govt is establishing a mechanism 'self employment' to support all aspects of start up business: Arun Jaitley.

11:39 AM

Meanwhile, in World Cup, UAE win the toss and elect to bat against India.

11:37 AM

Sensex pares gains from its day's peak; the benchmark is trading half a percent higher.

11:37 AM

Investment in infrastructure to go up by Rs 70,000 crores: Jaitley

11:36 AM

Jaitley proposes 'Nayi Manzil' scheme for the minorities youth.

11:35 AM

I propose a new scheme of providing physical aids for senior citizens living below poverty line: Arun Jaitley

11:33 AM

Atal Pension Yojana to provide defined pension according to contribution; 50% contribution to be from govt.

11:33 AM

PM Surakhsha Bhima Yojana to increase the access to insurance; it will be linked with Jan Dhan Yojana: FM

11:32 AM

Govt to launch PM Suraksha Bhima Yojana, offering coverage of 2 lakh rupees for just premium of Rs 12

11:32 AM

Target of Rs 8.5 lakh crores credit to be given to farmers in 2015-16: FM

11:32 AM

FM: Will ensure no one who is poor is without a job. Govt allocates Rs 346.99 billion for NREGA scheme in Budget 2015

11:31 AM

'Jan Dhan Yojana, coal auctions and Swachch Bharat our achievements'

11:31 AM

FM: Will ensure no one who is poor is without a job. Govt allocates Rs 346.99 billion for NREGA scheme in Budget 2015

11:26 AM

Target of Rs 8.5 lakh crores credit to be given to farmers in 2015-16: FM

11:25 AM

Poetic side of FM Arun Jaitley

11:24 AM

We need a well targeted system of subsidies rather than to cut subsidies: FM

11:23 AM

We are committed to subsidy rationalisation based on cutting leakages: Jaitley

11:22 AM

States get 62% of the total resources now: Arun Jaitley

11:22 AM

GST to be put in place by April 1, 2016: FM

11:20 AM

Will finish the journey to 3% fiscal deficit in two years: FM

11:19 AM

Real GDP growth expected to accelerate to 7.4%: FM

11:18 AM

Key challenges are agricultural incomes falling, decline in share of manufacturing, need for fiscal discipline: FM

11:17 AM

Govt is looking for overall development: FM

11:16 AM

To sanction 1 lakh km of new roads: FM

11:16 AM

80,000 secondary schools to get upgrade: FM

11:15 AM

To ensure employment to our youth, we have to make india the manufacturing hub of the world: FM

11:15 AM

In Swach Bharat 50 lakh toilet already built, 6 crore toilet targeted.

11:15 AM

The latest CPI inflation is 5.1 %: Arun Jaitley

11:14 AM

GST will put in place state of art indirect tax system by April 1st 2016: FM

11:14 AM

Ours is the second best performing stock markets among the big economies: Arun Jaitley.

11:13 AM

GDP growth for 2015-16 seen at between 8 - 8.5%: FM

11:13 AM

Our objective is to keep inflation below 6 percent: Jaitley

11:13 AM

Incremental change is not going to take us anywhere, will need to think in terms of quantum jump: FM

11:12 AM

One of the achievement of the govt has been is to conquer inflation.

11:11 AM

Nifty trading 0.8 percent higher, a tad above 8,900.

11:11 AM

3 achievements of our government- the success of the Jan Dhan Yojana, coal auctions and Swachch Bharat Abhiyan: FM

11:10 AM

50 lakh toilets already constructed, we will achieve target of building 6 crore toilets: Arun Jaitley

11:10 AM

Growth, investment, and redistribution — the budget will lay out policies for all three.

11:09 AM

FM Jaitley stresses on fact that his government has a clear political mandate.

11:09 AM

Objective is to improve quality of life and to pass benefits to common man.

11:09 AM

People wanted that scam, scandal, corruption raj to end.

FM

11:08 AM

With all humility I submit that this opportunity has risen because we have created it: FM

11:08 AM

FM Arun Jaitley starts Budget speech

11:07 AM

We inherited a sentiment of Doom and gloom and have come a long way by pour actions.

Arun Jaitley

11:07 AM

Domestic and international investors are seeing us with renewed hope: Arun Jaitley

11:06 AM

The latest CPI inflation is 5.1 % and whole sale price inflation is negative: Arun Jaitley.

11:06 AM

As the PM has mentioned many times - We are a round the clock, round the year government: FM

11:04 AM

The world is saying that India is ready to fly again.

11:04 AM

The credibility of the India economy has been reestablished.

11:02 AM

Finance Minister Arun Jaitley begins Budget 2015 presentation

11:02 AM

Finance minister Arun Jaitley starts presentation of Union Budget 2015.

10:59 AM

Finance minister must not forget poor states: Nitish Kumar

10:59 AM

Sensex trades at 29426.70, up 206 points ahead of Budget 2015; Nifty tests 8900.

10:56 AM

Cabinet approves Union Budget.

10:48 AM

Could be good budget, only because oil prices have fallen: PC Chacko, Congress

10:44 AM

Security check of Union Budget papers

10:42 AM

Expect 15-20% loan growth for the next year: Expert

10:38 AM

PM Modi reaches Parliament

10:34 AM

PM Modi arrives in Parliament

10:34 AM

It will be a progressive budget: Rajyavardhan Rathore

10:32 AM

Budget papers arrive at the Parliament

10:31 AM

Finance minister Arun Jaitley reaches Parliament

10:23 AM

Skill development needs more funds

Dilip Chenoy, CEO, NSDC

10:22 AM

FAQs: What is Budget?

10:16 AM

Budget 2015 will fulfill people's aspirations: Prakash Javadekar

10:07 AM

Cabinet meet on, Jaitley answers queries by ministries before Budget presentation

09:58 AM

Top Sensex gainers - Tata Power rises 1.4%, ICICI gains 1.6%, BHEL loses 1.8%

09:42 AM

Finance minister Arun Jaitley reaches Parliament.

09:37 AM

Finance minister Arun Jaitley leaves from President House for Parliament.

09:36 AM

Congress: Govt should look at reducing subsidies in the Union Budget

09:36 AM

Congress: Make in India should find focus in the Union Budget.

09:22 AM

It's a strong start for markets ahead of the Union Budget presentation.

09:21 AM

Cabinet meeting at 10.15am for approval of Union Budget

09:19 AM

Cabinet meeting to be held at 10.15am for approval of the Union Budget 2015

09:19 AM

Finance Minister Arun Jaitley reaches Rashtrapati Bhawan

09:08 AM

Arun Jaitley at finance ministry

09:02 AM

Finance minister Arun Jaitley before making the final touches to the Union budget 2015-16

08:58 AM

Arun Jaitley reaches Finance ministry ahead of Budget presentation

06:06 AM

The Indian economy is likely to grow at somewhere between 8.1% and 8.5% next year and "seems poised for propulsion", the government's Economic Survey for 2014-15 released on Friday said.

06:05 AM

Despite a shortfall in projected tax collections, the current financial year's fiscal deficit target will be met through a squeeze on expenditure, says the Economic Survey.

06:04 AM

Stalled projects worth Rs 8.8 lakh crore, or 7% of GDP, are holding up investments in the economy, impacting corporate balance sheets and public sector banks which have extended loans.

06:02 AM

The Economic Survey has stressed on the inefficiencies in delivering subsidies to needy sections across the country and called for rationalization through widespread use of technology.

12:24 AM

Finance minister Arun Jaitley will present the first full-year Budget of Prime Minister Narendra Modi's government today.


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