Community & General News
Employees Under the Employees Provident Fund(Epf) to be Provided two Options
28 February 2015 at 13:18The Union Finance Minister Shri Arun Jaitley has announced that with respect to Employees Provident Fund (EPF), the employee needs to be provided two options. Firstly, the employee may opt for EPF or the New Pension Scheme (NPS). Secondly, for employ
Benefits to Middle Class Tax Payers in the Budget 2015-16
28 February 2015 at 13:18Payments 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
Cut in Repo Rate from 8.0 per cent to 7.75 per cent
27 February 2015 at 14:59The 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
Economic Survey 2014-15 has been released
27 February 2015 at 13:33Economic Survey 2014-15 has been released Detailed information can be accessed from the enclosed attachment
A Growth Rate of over 8 Per Cent Expected for the Coming Year
27 February 2015 at 13:21A 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
Economic Survey 2014-15 Highlights
27 February 2015 at 12:45Economic 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
Highlights of the Railway Budget 2015-16
26 February 2015 at 15:37Highlights 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
Summary of Railway Budget 2015-16
26 February 2015 at 15:36No 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
State share of union tax revenues raised to 42 percent
25 February 2015 at 10:2614th 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
100 officials Involved in Making the Union Budget kept in lock-in till 28th Feb
20 February 2015 at 10:39Printing 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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