Budget 2014 News - Page 3

Govt expenditure a worry but waiver of coal duty a positive: HSBC
Naina Lal Kidwai, country head of HSBC India, said the main worrying factor in this Budget is government expenditure as the money never reaches the right hands.

What! A ten on ten to Budget 2012?
While industry leaders have have described the Budget as pragmatic, timid and disappointing, there is someone who has given the budget a full ten on ten. Read on for more.

Budget a mixed bag of credit implications for corporates: Moody's
Dependence on corporate tax revenue and vulnerability to commodity prices and exchange rates weakens the government's credit profile and lack of specific policies in the Union Budget to address these weaknesses is "credit negative", Moody's said in a research note

Budget 2014: E-visas at nine airports to boost tourism
To give a major boost to tourism, e-visas will be issued at nine Indian airports, Finance Minister Arun Jaitley said on Thursday in his Budget 2014 speech.

Interim Budget 2014: What to expect from Chidambaram
Chidambaram may explain why economic growth slowed to a decade's low of 4.5 percent in 2012-13 and outline steps taken by the government to put India back on a high-growth trajectory.<br />

Budget 2014: Startups get 10,000 cr outlay to encourage entrepreneurship
Admitting that promotion of entrepreneurship and startup companies remains a challenge, Jaitley announces a Rs 10,000 cr fund to act as catalyst to provide equity, risk capitals for startups

Budget 2014: Modi Sarkar has big technology boost plans, but not many details
Firstbiz highlights a list of announcements focussed on tax reforms, corporate tax policy, India's IT industry, and more

Budget 2014: Rs 10,000 crore bonanza for MSMEs
The government has decided to set up a committee, including representatives from the Finance Ministry, Ministry of MSMEs, and RBI to give concrete suggestions on the financial architecture of the MSME sector in three months.

Budget 2014: Jaitley allocates Rs 1,000 cr to 'high priority' renewable energy sector
The government aims to construct Ultra Mega Solar Power Projects or high capacity plants in the radiation rich states of Rajasthan, Gujarat, Tamil Nadu, and Ladakh.

Budget 2014: Jaitley taxes unhealthy cigarettes, aerated drinks to improve fiscal health
Emulating the US system of taxing aerated drinks, the Finance Minister also chose to target aerated drinks but only those that contain sugar, sparing fruit juices and other aerated drinks like soda.<br />

Budget 2014: Defence sector allocated Rs 2.29 lakh cr, FDI cap hiked to 49%
The Ministry was allocated Rs 2,03,672 crore in 2013-14 and was provided Rs 2,24,000 crore in the interim budget presented by the UPA government in February this year.<br />

Budget 2014: Rs 2,037 cr more for Ganga; will this too flow down the river?
Jaitley announced an integrated Ganga development project called the 'Namami Gange' and allocated a fund of Rs 2,037 crore to it.

Budget 2014: Jaitley loosens the purse strings to boost education
The Finance Minister said primary education is a major priority for the Modi government and that steps would be taken to provide minimal school infrastructure facilities.<br />

Important numbers from Budget 2014 in a single infographic
Expectations had been high that the government would utilise India's strongest election mandate in 30 years to take radical steps comparable to the 1991 market reforms that unleashed an era of high economic growth.<br />

What we learned from Budget 2014: 100 crore is Jaitley's favourite number
The importance of Rs 100 crores in the Modi government's maiden Union Budget that was presented by Finance Minister Arun Jaitley today.

What Rahul Gandhi didn't say about Arun Jaitley's first budget
Here's what Rahul Gandhi may have said about Budget 2014

Smart cities to tax incentives : Here are the key sops in Budget 2014
Finance Minsiter Arun Jaitley's maiden budget offers no big bang reforms but does focus on boosting investor confidence in a bid to revive India's investment cycle and attract household savings into financial assets. <br />

Govt to raise spending, give more subsidies: Modi's budget is no 'bitter medicine'
Budget 2014 seeks to revive growth and curb borrowing, but left open questions on how it will reduce the fiscal deficit and restore investor confidence.

What the foreign media thought about Budget 2014
It was Modi, Modi-nomics, Hindus, FDI in defense and insurance sectors that caught the eye and peppered the headlines across international media when it came to budget 2014.

Budget 2014: Why Obama's and Jaitley's addresses are different, yet so similar
The three common threads in Jaitley and Obama's speech: entrepreneurship, infrastructure and religion.

Personal tax: How much you will save post Jaitley's tax proposals in Budget 2014
Finance Minister Arun Jaitley has provided some relief to the individual tax payer who has been bearing the brunt of high inflation in the economy.<br />

Dissecting Jaitley's first Budget: Does it satisfy the appetite of the IT industry?
Jaitley's first Budget has managed to garner support from industry leaders as well as experts, but some still believe the Budget could have done more for the tech industry.

Deep disappointment to saffron lipstick: What economists said about Budget 2014
We take a look at what economists said across publictions today about Arun Jaitley's Budget 2014.

Budget 2014: BJP following Chidu's policy of neglect, says Right to Food activists
Members of the Right To Food Campaign accused the Modi government of going back on its election promise of ‘universal food security’ in the Budget 2014.

Budget 2014: Narendra Modi gives biggest push to fiscal federalism
At one stroke, the Arun Jaitley budget transfer nearly 1.6 percent of GDP in terms of central funds to state plans. This is the biggest dose of fiscal federalism ever outside the Finance Commission's recommendations

Budget neither gives achche din nor bitter pill for growth: Omar
Jammu and Kashmir Chief Minister Omar Abdullah on Friday said he does not see '<em>achche din</em>' (good times) coming to the country through the Union budget.

US investors praise 'balanced, measured' Indian budget
The maiden Budget of the Modi government has been hailed by American experts and corporate sector in Washington.

Budget 2014: The Jaya-Modi friendship comes good for Tamil Nadu
Though there is no single major policy initiative for TamilNAdu, the state has got a fair deal from the allocations, including a Centre-funded port project in Tuticorin.

Budget 2014: Will Arun Jaitley's gamble on growth work for India?
Let’s be clear. This is not a budget that breaks the mould and is very much on the lines of what one could have expected from any government.
