People wearing 'Hawai Chappal' will also be able to use Hawai Jahaj: FM
36 mins ago
In the 1 hour 45 minute speech, 1 hour was for the poor. This is indeed historic. The opposition has become too pessimistic: Union minister MJ Akbar
38 mins ago
Its a balanced budget which is for every section of society, especially the focus on farmers and health services of the poor. Economy will also get a boost. I congratulate PM Modi and FM Jaitley
I want congratulate Prime Minister Narendra Modi on announcing the world's biggest national health protection scheme. This budget is for the development of the poor, for farmers and increasing their income, senior citizens and women: Union Minister Smriti Irani
Announcements regarding education, health and agriculture made.
A national health protection scheme to benefit 10 crore poor families announced, it is a huge initiative. I would like to congratulate the government: Bihar Chief Minister Nitish Kumar
Food processing minister Harsimrat Kaur Badal says government's decision to double ministry's budget allocation will boost farmers income and generate million of new jobs.
01:14 PM (IST)
Jaitley has failed fiscal consolidation test, this failure will have serious consequences
Congress leader Manish Tewari on Budget: The govt has attempted to pay lip service to farmers and other marginalised sections of society but it is a classical case of too less and completely at the inappropriate time
01:05 PM (IST)
Lok Sabha adjourned for the day, to meet on Monday. House not to sit tomorrow in honour of departed member Chintaman Vanga
12:58 PM (IST)
Customs duty on raw cashew cut from 5% to 2.5%
12:57 PM (IST)
Central Board of Excise and Customs renamed as Central Board of Indirect Taxes and Customs
12:53 PM (IST)
No more education cess on imported goods. Will be replaced by social welfare surcharge of 10%
12:52 PM (IST)
Sensex down over 300 points as Jaitley proposes bringing listed entities under long term capital gains tax
12:49 PM (IST)
Electronic IT assessment will be rolled out across the country, leading to greater efficiency and transparency: FM
12:46 PM (IST)
Custom duty on mobile phones increased to 20% from 15%
12:44 PM (IST)
Long-term capital gains exceeding Rs 1 lakh to be taxed at the rate of 10%
12:43 PM (IST)
Standard deduction of Rs 40,000 introduced in lieu of transport and medical reimbursements for salaried employees
12:43 PM (IST)
Incentives for senior citizens: Exemption on interest income to be increased from Rs 10000 to Rs 50,000. Applies to all fixed deposit scheme
12:43 PM (IST)
Jaitley proposes 100% tax rebate for farmer producer companies having a turnover of Rs 100 crore
12:43 PM (IST)
No change in personal income tax slabs
12:42 PM (IST)
Corporate tax reduced to 25% from 30% for companies with annual turnover of up to Rs 250 crore
12:30 PM (IST)
Number of taxpayers have increase from 6.4 crore to 8.27 crore: FM
12:24 PM (IST)
Jaitley projects fiscal deficit of 3.3% of GDP
12:22 PM (IST)
Emoluments of President, Vice-President and governors will be revised to Rs 5 lakh, Rs 4 lakh and Rs 3.5 lakh respectively
12:21 PM (IST)
Automatic revision of MPs' emoluments every five years, indexed to inflation, announces FM
12:18 PM (IST)
Govt will monetise select central public sector enterprises using Infrastructure Investment Trusts
12:17 PM (IST)
Mission on cyberspace will be launched in support of establishment of centres of excellence