Page 14 - Union Budget 2016

Budget 2016: Service tax of 14.5% on spectrum may prove negative for telcos

Also, during the spectrum auctions that the government has lined up for June-July, the industry will have to cough up Rs 77,000 cr as service tax

Budget 2016: No capital gains tax on redemption of gold bonds

Additionally, long-term capital gains on transfer of Sovereign Gold Bonds would be eligible for indexation benefits

Budget 2016 a 'big step', FM showed courage: BJD's Jay Panda

The party lauded Arun Jaitley for not resorting to a 'populist' budget despite polls being around the corner in many states

Arun Jaitley unveils a budget for the poor: Expert views

Modi is now trying to correct his pro-corporate and pro-rich image through this budget, said political analyst Satish Mishra

Budget 2016: Govt plans to revive 160 airports; each to cost Rs 50-100 cr

Government will partner with the state governments to develop some of these airports for regional connectivity

Budget 2016 announces help to local manufacturing of consumer durables

This will also reduce import of finished goods to some extent

Union Budget 2016 Highlights and Takeaways from FM Arun Jaitley's Speech

Key Highlights of Union Budget 2016

Budget 2016: Jaitley seizes last chance, but hemmed in by fiscal deficit target

As a result of having to stick to a fiscal deficit target of 3.5%, Jaitley has been frugal with additional spending

Budget to kickstart REITs in the country, to boost budget housing

Expert feel removal of DDT on distribution made out of income of SPV will set the stage for REITs to be set up

Budget 2016 will be a great fillip to rural demand: NABARD Chairman

According to HK Bhanwala, timely implementation of the 28 projects identified under the scheme will help mitigate distress to a large extent

Budget 2016: Arun Jaitley moots new commodity products, deeper corporate bond markets

A framework for an electronic platform for repo market in corporate bonds will be developed by RBI

Amit Shah hails 'poor-friendly' budget

Shah said that this budget will help strengthen Modi's aim of bringing poor and villagers into mainstream of development

FM announces Rs 2,000 cr in Budget 2016 to give LPG connection to women member of poor households

Scheme to benefit 1.5 crore households below poverty line

Arun Jaitley's budget makes opposition job 'tougher': Omar Abdullah

In a tweet, Abdullah said that 'Jaitley did not focus the benefits of Union Budget on the suitboot people'

Budget has failed to create stimulus for job generation: Congress

Congress leader Manish Tewari slammed the budget, saying it is high on rhetoric, flawed in comparisons and bereft of any ideas

Budget 2016: Govt-Oppn bonhomie in Rajya Sabha as Jaitley tables Budget

BJP members were also seen congratulating Jaitley on the Budget

Budget 2016: 'Visionary' budget gives priority to farmers, weaker sections, says BJP

The party further said that the budget will also lead to empowerment of the youth

Modi govt has walked the talk: Devendra Fadnavis on Budget 2016

He further thanked Modi and Jaitley for a visionary budget in difficult times

Whither Digital India? Budget 2016 offers little for startups

There has been nothing consolidated in the Budget for this section that may transform entrepreneurship in any meaningful way.

Budget 2016: Jaitley allots Rs.25,000 crore for state-run banks' recapitalisation

As per estimates, PSBs would need additional capital of up to Rs 240,000 crore by 2018 to avoid 2008 US recession like situation