Page 446 - Budget 2026 News
Disposable linen, automatic doors in premier trains likely
Better passenger amenities and strengthening of safety and security in trains likely to be the focus
 "Disposable linen, automatic doors in premier trains likely")
Pharma sector seeks boost to research, innovation
The sector has high expectations from the upcoming Budget in terms of clear signals aimed at driving research and manufacturing
 "Pharma sector seeks boost to research, innovation")
Set up gold bank, gold deposit a/c to minimise smuggling: Assocham
The GDA will represent notional units of gold and provide gold price return in weight terms
 "Set up gold bank, gold deposit a/c to minimise smuggling: Assocham")
The budget session will be smooth and productive: Prakash Javadekar
Quoting the PM, he said, we want cooperation of all and will go the extra mile to get it
 "The budget session will be smooth and productive: Prakash Javadekar")
Finance ministry looking at public banks' consolidation
The ministry has already discussed the issue with some large banks to figure their preparedness
 "Finance ministry looking at public banks' consolidation")
Need more tax sops for telcos: DoT
Income tax holidays along with Indian IPR for 10 years has been proposed
 "Need more tax sops for telcos: DoT")
FM hints at bold steps to cut fiscal deficit
Jaitley also indicates industry-friendly tax policies
 "FM hints at bold steps to cut fiscal deficit")
Moody's expects govt to reduce fuel subsidy bill
Rating agency says govt's approach will involve staggered increases, similar to the ongoing 50 paise per liter hike in diesel prices every month
 "Moody's expects govt to reduce fuel subsidy bill")
IFFCO pitches for direct subsidy transfer
Says direct subsidy will empower them
 "IFFCO pitches for direct subsidy transfer")
Coffee planters seek rail link to Madikeri in forthcoming budget
Plantation regions of Karnataka have a very poor connection to the railway network of India
 "Coffee planters seek rail link to Madikeri in forthcoming budget")
The vision thing
Govt needs to beef up its network of experts and advisors
Ficci chief meets Jaitley; suggests pre-budget measures
The industry chamber suggested that changes can be examined in laws to aggressively widen tax base, simplify laws and rationalise exemptions
 "Ficci chief meets Jaitley; suggests pre-budget measures")
Assocham seeks tax sops, GST in Budget to revive growth
The industry chamber sought tax incentives to promote in-house R&D and create Indian brands
RBI should wait until budget before cutting rates: Rangarajan
Says any downward revision in interest rates will have to wait until the inflation rate shows definite signs of decline
 "RBI should wait until budget before cutting rates: Rangarajan")
Govt may address inverted duty structure in Budget
Inverted duty structure is making Indian manufactured goods uncompetitive against finished product imports in the domestic market: Ficci
 "Govt may address inverted duty structure in Budget")
India Inc, FM meeting on budget deliberations
Anand Mahindra, Kumar Birla, Mukesh Ambani, Rahul Bajaj, Anil Agarwal, VN Dhoot called on June 6
Jaitley commits to boosting agriculture
During pre-budget consultations, representatives tell FM about importance of timely decision on MSP on lines of BJP manifesto
Farm experts raise issue of higher MSP
Experts highlighted the importance of a timely decision in declaring the MSP higher than the cost of production by 50%, a BJP's poll promise
 "Farm experts raise issue of higher MSP")
India Inc presses FM on tax laws
Apart from GST, in pre-Budget meet asks for simplification, end to retrospective application; revival of growth other prong of demands
 "India Inc presses FM on tax laws")
Govt unlikely to substantially hike plan outlay in 2014-15
The fiscal deficit needs to be kept in check
 "Govt unlikely to substantially hike plan outlay in 2014-15")