Friday, September 30, 2016

Senior Citizen Schemes: Cabinet gives ex-post facto approval to Varistha Pension Bima Yojana, 2003 and Varistha Pension Bima Yojana, 2014

Senior Citizen Schemes: Cabinet gives ex-post facto approval to Varistha Pension Bima Yojana, 2003 and Varistha Pension Bima Yojana, 2014

Revision of interest rates for Small Savings Scheme from 1st Oct, 2016 to 31st Dec, 2016

Revision of interest rates for Small Savings Scheme from 1st Oct, 2016 to 31st Dec, 2016

Monday, February 29, 2016

BREAKING NEWS SPECIAL: Highlights of Union Budget 2016-17

BREAKING NEWS SPECIAL: Highlights of Union Budget 2016-17: In case you missed the Budget, here's a round-up. Affirming that the economy is right on track, Finance Minister Arun Jaitley present...

BREAKING NEWS SPECIAL: Highlights of Union Budget 2016-17

BREAKING NEWS SPECIAL: Highlights of Union Budget 2016-17: In case you missed the Budget, here's a round-up. Affirming that the economy is right on track, Finance Minister Arun Jaitley present...

Wednesday, February 24, 2016

Union Budget 2016: Top 15 expectations of tech companies



The budget should aim at providing a boost to technology adoption for citizen services.

NEW DELHI: Business India's all attention is on February 29, the day finance minister Arun Jaitley will present the Union Budget 2016. The Indian IT industry too has a wishlist ready for the government.

With less than a week to go, here is what Indian technology companies, ranging from mobile to electronics, expect from the upcoming Union Budget.

1) Bhaskar Pramanik, chairman, Microsoft India

I am looking forward to the government presenting a growth-oriented budget that addresses gaps and sets a clear way forward to ensure that the optimism is not short-lived.

Budget 2016: Five things a common man expects from Union Budget 2016



With the annual budget just a week away, there are strong expectations of the Finance Minister. From corporate bigwigs to businessmen and salaried individuals, everyone is looking for tax relief measures that can make the taxpayer’s life easier. Here are some measures that are likely to be on the budget wishlist for the common man and may see light of the day come February 29th. 1: More tax deduction on interest on home loan If you purchase property through the home loan mode, you get a tax deduction of up to Rs 2 lakh for the interest paid, if the loan is for a self-occupied property. However, if the loan is for a house under construction, and if the construction gets delayed for over 3 years, this deduction drops down to Rs. 30,000. Given that project delays are common in the Indian real estate sector, many borrowers end up paying huge pre-EMI with no or little tax benefits.

Playing the long game in the Union budget



Revising the fiscal consolidation road map is tempting but self-defeating
Illustration: Jayachandran/Mint

Addressing the joint session of Parliament on Tuesday, President Pranab Mukherjee termed India a haven of stability in an increasingly turbulent global economy, as macroeconomic indicators such as growth, inflation, current account and fiscal deficit have improved in the past few years. However, the challenge now is to preserve this hard-won stability and build on it to achieve higher growth on a sustainable basis. This will require policy thrust in multiple areas—and the upcoming Union budget to be presented on 29 February, the third by the present government, will be expected to take the process forward.

Monday, February 1, 2016