Others News

Benefits to Middle Class Tax Payers in the Budget 2015-16

28 February 2015 at 13:18

Payments to the Beneficiaries Including Interest Payment on Deposit in Sukanya Samriddhi Scheme to be Fully Exempt The Union Minister of Finance Shri Arun Jaitley in his Budget Speech in Lok Sabha today proposed rationalization of various tax exempti

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Cut in Repo Rate from 8.0 per cent to 7.75 per cent

27 February 2015 at 14:59

The Reserve Bank of India (RBI) has cut the Repo Rate recently. It has reduced the Repo Rate under the liquidity adjustment facility (LAF) by 25 basis points (bps) from 8.0 per cent to 7.75 per cent on January 15, 2015. With the introduction of Base

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Economic Survey 2014-15 has been released

27 February 2015 at 13:33

Economic Survey 2014-15 has been released Detailed information can be accessed from the enclosed attachment

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A Growth Rate of over 8 Per Cent Expected for the Coming Year

27 February 2015 at 13:21

A Growth Rate of over 8 Per Cent Expected for the Coming Year A Double-Digit Economic Growth Trajectory is now a Possibility Such a Growth Could Help in Wiping Every Tear From Every Eye and Realizing Aspiration of Indias Youth

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Economic Survey 2014-15 Highlights

27 February 2015 at 12:45

Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: Inflation has declined by over 6 percentage points since late 2013. The current account deficit has declined from a

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Highlights of the Railway Budget 2015-16

26 February 2015 at 15:37

Highlights of the Railway Budget 2015-16 Thrust: 1. IR to become prime mover of economy once again2 Resource Mobilization for higher Investments3. Decongestion of heavy haul routes and speeding up of trains: emphasis on gauge conversion, doubling, tr

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Summary of Railway Budget 2015-16

26 February 2015 at 15:36

No hike in Railway Passenger Fares Plan Outlay proposed Rs. 1,00,011 crore, increased by 52% Allocation for passenger amenities up by 67% Railways to become prime mover of Indian Economy, Five years action plan proposed

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State share of union tax revenues raised to 42 percent

25 February 2015 at 10:26

14th Finance Commission (FFC) Report Tabled in Parliament; FFC Recommends by Majority Decision that the States Share in the Net Proceeds of the Union Tax Revenues be Raised to 42% Which is a Huge Jump from the 32% Recommended by the 13th Finan

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100 officials Involved in Making the Union Budget kept in lock-in till 28th Feb

20 February 2015 at 10:39

Printing of Budget Documents of Union Budget 2015-16 Commenced with Halwa Ceremony; more than 100 Officials Involved in Making the Union Budget will be Locked in Press Till Union Budget is Presented in Lok Sabha by the Finance Minister on 28th Februa

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65th Annual Function conducted by ICAI

12 February 2015 at 10:53

The 65th Annual Function of the Institute of Chartered Accountants of India (ICAI) was inaugurated by CA.PiyushGoyal, Honble Minister of State(I/C), Ministry for Coal, Power, New & Renewable Energy on February 11, 2015 at New Delhi. Actin

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