Union Budget! Will it restore confidence in Commodity Markets, positive for MCX

India Infoline News Service | Mumbai | March 01, 2015 16:48 IST

It will restore confidence in the commodity markets, considering the sharp decline in trading volumes after the NSEL fiasco. Positive for MCX.

Union Budget! Why is it positive for Cement Sector?

India Infoline News Service | Mumbai | March 01, 2015 16:21 IST

Surge in clean energy cess on coal from Rs. 100/ton to Rs. 200/ton to increase cement production cost by Re. 1/bag

Union Budget! Is it positive for BFSI Sector?

India Infoline News Service | Mumbai | March 01, 2015 16:11 IST

Retention of Fiscal Deficit target of 4.1% for FY15 and committing to further fiscal consolidation in coming years is a positive and could encourage RBI to ease rates.

Disinvestment target set at Rs 69500cr for 2015-16

India Infoline News Service | Mumbai | March 01, 2015 10:00 IST

The revised estimates pegged the disinvestment receipts from minority stake sale in PSUs at Rs 26,353 crore.

Major boost to infra, financial markets & social inclusion: Rana Kapoor

India Infoline News Service | Mumbai | March 01, 2015 09:50 IST

Re-balancing the PPP models and asking the government to take risks would motivate the private sector in infrastructure and some of the announcements like prior clearances for ultra mega projects would improve ease of doing business, said Mr Rana Kapoor, president of The Associated Chambers of Commerce and Industry of India (ASSOCHAM).

Union Budget! Why is it positive for Travel &Tourism Sector?

India Infoline News Service | Mumbai | February 28, 2015 20:12 IST

Service tax @14% imposed on amusement/theme parks entry fee.

Union Budget! Why is it positive for Pharma Sector?

India Infoline News Service | Mumbai | February 28, 2015 20:07 IST

Increase in limit of deduction for medical insurance premium from Rs.15,000 to Rs.25,00.

Union Budget! Why is it positive for Telecom Sector?

India Infoline News Service | Mumbai | February 28, 2015 20:00 IST

3 blocks of 5MHz in 2100MHz, potential 700MHz auction and one time spectrum charge would make up for the excess receipts; leverage concerns for 2100MHz auctions would negatively impact Idea, Bharti.

Union Budget! Why is it positive for FMCG Sector?

India Infoline News Service | Mumbai | February 28, 2015 19:58 IST

The budget is however negative for cigarette maufacturers like VST Industries, Godfrey Phillips, ITC.

Union Budget! Why is it positive for Auto Sector?

India Infoline News Service | Mumbai | February 28, 2015 19:52 IST

Concessions on custom and excise duty available to electrically operated vehicles and hybrid vehicles extended up to 31.03.2016.

Union Budget! Why is it positive for Agriculture?

India Infoline News Service | Mumbai | February 28, 2015 19:44 IST

Positive for Jain Irrigation, Finolex Industries, Supreme Industries, Astral Polytechnik

Fostering stable taxation policies! Check out the tax proposals announced by FM in Union Budget

India Infoline News Service | Mumbai | February 28, 2015 19:40 IST

The rate of corporate tax is proposed to be reduced to 25% from 30% over the next four years. This will lead to higher level of investment, higher growth and more jobs

Union Budget 2015-16: Investment in infrastructure to go up by Rs.70,000 Cr yoy

India Infoline News Service | Mumbai | February 28, 2015 19:28 IST

Presenting the General Budget 2015-16 in the Lok Sabha here today, the Finance Minister stated that the present state of infrastructure does not match the growth ambitions.

Sab ka vikaas! What benefits for middle class tax payers in Union Budget ?

India Infoline News Service | Mumbai | February 28, 2015 19:19 IST

FM said, with a view to encourage savings and to promote health care among individual tax payers, it is proposed to increase the limit of reduction of health insurance premium from Rs 15,000 to Rs 25,000 and for senior citizen this limit is increase from Rs 20,000 to Rs 30,000.

Quick tit-bits: On the sidelines of Union Budget 2015

February 28, 2015 19:15 IST

This time, the finance ministers speech was much shorter than the one last time.

Budget gives much needed push to the infra sector

India Infoline News Service | Mumbai | February 28, 2015 18:54 IST

The Union Budget announced setting up of National Investment & Infrastructure Fund with government funding of Rs. 20,000 crore as the FM proposed tax-free infrastructure bonds for projects in roads, rail and irrigation projects.

Budget is Pro-People, Balanced, Growth-Oriented, Inclusive and Progressive: J P Nadda

India Infoline News Service | Mumbai | February 28, 2015 18:53 IST

The Health Minister has thanked the Hon. Prime Minister and the Finance Minister for the balanced and people-oriented Budget.

Budget has given a good road map: Arjun Handa

India Infoline News Service | Mumbai | February 28, 2015 17:25 IST

The Budget has given a good road map of not just the next year but also for the tenure of the government, implementation of long awaited GST and bringing the corporate tax rate to 25% would help in rationalising taxes.

Progressive and forward looking budget: Anand Sundaram

India Infoline News Service | Mumbai | February 28, 2015 17:23 IST

While boost to the leather industry, farming and smaller entrepreneurship is a positive thing for the retail sector, increase in service tax will impact them negatively.