Affordable housing to be given infra status; LTCG tax on immovable property to be levied after 2 yrs
Further, a mission will be set up with a target of over 2,500 crore digital transactions for 2017-18
Jaitley says, high speed broadband will be available in 150,000 gram panchayats via Wifi hotspots
Dvelopers of affordable housing can access the external commercial borrowing and EPFO funds
Jaitley said the government is targeting to eliminate tuberculosis by 2025
Finance Minister Arun Jaitley presented the Union Budget as per schedule on Feb 1
He decided to do no harm to economy at a time when he can't give it a big push on expenditure
Budget also notable for its continued focus on a growth-promotion model that has so far failed
'For transport sector -- railways, road, shipping, govt provides Rs 2,41,000 cr,' Jaitleysaid
Titagarh Wagons fell as much as 6.6%, Kalindee Rail Nirman Engineers was down 4.9%
Deepak Fertilisers and Petrochemicals Corp Ltd climbed as much as 7.3 per cent
2,000 kms of coastal connectivity roads have been identified for construction, development: Jaitley
India's crude oil storage facility may zoom to above 15 MT
It is felt that this proposal will hamper availability of branded drugs
FM said money allocated for defence expenditure, excluding pension expenditure, is Rs. 2,74,114 cr
Godrej Properties, Unitech, Oberoi Realty, DLF, Prestige Estates and HDIL were up between 2% and 7%
The govt aims to increase the sectoral exports to $15 billion by 2020 from the current $7 billion
According to experts, Rs 1 cr investment in sector results in creation of jobs for nearly 250 people
The SIT in July had submitted its fifth report to Supreme Court on steps needed to curb black money
Nifty PSU Banks gained 0.8% led by PNB, Bank of Baroda, Union Bank of India and SBI