TOP HEADLINES

Indian Railway Budget Speech 2015-16

India Infoline News Service  | Mumbai February 26, 2015 14:36 IST

 

Railway map of India is a network of veins that pump life-giving blood into the heart of India’s economy. Indian Railways is a unique integrator of ... Read more

Hey Prabhu! Interesting tit-bits from Rail Budget 2015

Suresh Prabhu is one of the fastest speakers among the recent railway ministers. Well, our noted Pri... Read more

The FM's speech

My Road map for fiscal consolidation is a fiscal deficit of 3.6% for 2015-16 and 3% for 2016-17. I am conscious of the fact that Iraq crisis is leaving an impact on oil prices and the situation in the middle-east continues to be volatile. In the first Budget of this NDA government that I am presenting before the august House, my aim is to lay down a broad policy indicator of the direction in which we wish to take this country... Read more
 

 

Budget Preview 2015-16

The Union Budget 2016 would be a growth enabler, as well as one that adheres to the path of fiscal consolidation. We believe the Finance Minister will be in a position to balance both objectives of spurring growth and fiscal consolidation, by budgeting for higher divestment of holdings in listed companies, telecom and coal auctions to increase revenue and partly curtailing non-Plan expenditure. ... Read more

 

 

Janta Expectation

  • # SURCHARE ON INCOME TAX SHOULD BE REMOVED UPTO 500000/-# MORE SURCHARGE SHOULD BE IMPOSED IN SUPERRICH.TO GENERATE WHITE MONEY.# HOME LOAN RATE SHOULD BE LESS THAN 9%.ELETRICTY CHAREGES SHOULD BE EQUALIZED TO DELHI RATE AT ALL STATES.WHAT AAMAADMI PARTY CAN DO IS, EXPETED BY ALL INDIAN VOTERS!{FOR WATES OF INDIA.}
  • 1 MINIDTRY SHOULD CATAGORIZE-RICH, SUPER RICH,KUBERS, ACCORDING TO MONTHLY SALARY ABOVE ONE LAKH,AND STOP BENEFITT OF SUBSIDIZED PRICES ON GAS,PETROL,DIESEL,AND IMPOSE MORE SURCHARGE ON SUPR RICH MILLIONARES, INSTESD OF BITTING ROUND THE BUSH OF SWISS MONEY.RECOVERY OF BANK LOANS, TO IMPROVE NPA, PERFORMANCE OF INDIAN BANKS.-SERVVICE CHARGES SHOULD BE EXCEMPTED -FOR MIDDLE CLASS PEOPLE, INCOME BELOW 50,0000 FOR ATM USING PEOPLE-SPECIALLY- BENEFITTED UNDER JANADHAN YOJANA OF MODIJEE-KUCHH BNNKEY KHWAHISH NAHI, KUCHHKRRNE KI KHWAHISH- UMMEED JROOR HAI-SENIOR CITIZEN OF 64.THANKYOU.
  • Lower taxes on IT products.
  • 1. Higher IT Exemption and lowering tax % :) 2. Removal/Reduction of different cess 3. Push for Solar & Wind power generation by reducing or eliminating all import duties ffor Solar panels or alternatively promoting Make in India. 4. Widening the Tax base by targeting business in unorganized sectors who make lot more money than the pitiable salaried class. 5. Boost for promoting Agri,storage/cold storage, logistics & agro processing & Export
  • I am keenly awaiting a big Budget bash. Hope the FM doesn’t disappoint me.

Janta Reaction

  • how will the fund come in for the railway budget ideas that needs to be executed
  • rail ministers have not revealed any detAILS REGARDING THE FUNDS
  • this budget focuses a lot on the passenger lot
  • to have coaches were the handicap people and making wheel chairs available to them is the best idea it will be a great help
  • Hope to see some concrete measures and not stuff which looks good on paper. Enough of branding of India, now is the time to see the action..

Economic Survey

The Economic Survey 2013-14, presented in the Lok Sabha by the Union Finance Minister Arun Jaitley, has noted that as India had a large trade deficit in the first quarter, negative market perceptions led to sharper outflows in the foreign institutional investors (FIIs) investment debt segment, leading to 13.0% depreciation of the rupee between May 2013 and August 2013...Read more

 

 

Budget Document

This document contains all the official paper released during Union budget 2015
 
Download Now
 
 

 

EXPERT VIEWS

 

Sectoral News

  • Automobile
  • Aviation
  • Banks
  • Oil & Gas
  • Capital Goods
  • FMCG
  • Mining & Mineral
  • Pharmaceuticals
  • Real Estate
  • IT - Software

Performer

Symbol CMP      Chg      Chg (%)
EICHERMOT 15205.35 391.05 2.51
SMLISUZU 1005.2 41.3 3.95
TVSMOTOR 271 0.55 0.2

Performer

Symbol CMP      Chg      Chg (%)
GLOBALVECT 46.7 1.25 2.61
JETAIRWAYS 438.55 16.75 3.68

Performer

Symbol CMP      Chg      Chg (%)
KOTAKBANK 1333.35 9.2 0.69
INGVYSYABK 946.15 1.95 0.21
HDFCBANK 1038.15 14.3 1.36

News

Cairn India: Operations of the Company remain unaffected

The Exchange had sought clarification from Cairn India Ltd on February 25, 2015 with respect to the recent media reports...Read more

Performer

Symbol CMP      Chg      Chg (%)
ONGC 319.35 2.2 0.69
SELAN 281.1 2.95 1.04
OIL 473.8 5.2 1.09

News

No new trains introduced by Railway Minister

"At present, due to over-utilised line capacity and backlog in track renewals, there are speed restrictions which lead t...Read more

Performer

Symbol CMP      Chg      Chg (%)
TRIL 192.75 5 2.66
ABB 1383.8 36.1 2.54
SIEMENS 1280.2 60.55 4.52

News

Godrej Consumer increases stake in Darling Group to 90%...stock ends flat

Godrej Consumer Products Ltd has announced that the Company has entered into an agreement with the Darling Group.Read more

Performer

Symbol CMP      Chg      Chg (%)
GILLETTE 4083.3 2.7 0.07
HATSUN 315 1.1 0.35
PGHH 6880.3 61.2 0.88

Performer

Symbol CMP      Chg      Chg (%)
ORISSAMINE 2878.95 62.1 2.11
IMFA 206 2.05 0.99
COALINDIA 384.35 2.25 0.58

News

Paramount Surgimed introduces Orthopedic Cervical Support Pillow

Orthopedic Cervical Support Pillow is readily available across the country through the extensive distributor/dealer netw...Read more

Performer

Symbol CMP      Chg      Chg (%)
CELESTIAL 66.9 1.8 2.76
THEMISMED 150.6 7.5 4.74
GLAXO 3098.9 6.2 0.2

Performer

Symbol CMP      Chg      Chg (%)
SWANENERGY 55.1 0.05 0.09
UNITECH 18.5 0.45 2.49
IBREALEST 78.65 1.25 1.56

News

Kaspersky Lab announces global security accelerator in partnership with venture industry leaders

The Security Startup Challenge is a mentor-driven acceleration program developed and implemented by the Kaspersky Acad...Read more

Performer

Symbol CMP      Chg      Chg (%)
DYNATECH 3.05 0.15 4.69
CIGNITITEC 477.5 3.15 0.66
TAKE 142.7 0.1 0.07

Company Price % Gain
NTPC 153.35 5
Lupin 1697.55 2
Cairn India 248.25 1.51
Idea Cellular 154.95 1.44
GAIL (India) 410.95 1.28
 

Write to Finance Minister

 

tax Calculator

Compute your tax liability after Budget 2013 changes

Annual taxable income after all eligible deductions: Enter your age:

Enter your age:

Select your Gender:

 

 

Sector Performance

Sector Mcap (Rs.Cr) Up / Down      Chg (%)
IT - Software 11,21,756.67 63.41 / 36.59
Banks 10,93,854.15 40.00 / 60.00
Pharmaceuticals 6,04,726.98 62.03 / 37.97
Refineries 5,22,890.19 75.00 / 25.00
Automobile 5,11,685.87 68.75 / 31.25
Finance 4,97,014.67 59.72 / 40.28
Crude Oil & Natural Gas 4,86,225.46 57.14 / 42.86
FMCG 4,28,665.87 75.86 / 24.14
Mining & Mineral products 3,97,321.39 47.06 / 52.94

BUDGET POLL

Do you see more focus given to infrastructure in this budget?

Yes
No
Can't Say

Submit



Budget Glossary

AD-VALOREM DUTIES These are the duties determined as a certain percentage of price of the product.

AD-VALOREM DUTIES It is a statement of receipts and expenditure of states for the financial year, presented to Parliament by the government. It is divided into three parts: Consolidated Fund, Contingency Fund and Public Account.