The Union Budget 2023-24 was presented against the backdrop of some critical geopolitical developments and was the last full budget before the next general elections. Signicantly, 2023 is also the year in which India became the most populated country in the planet and assumed G20 presidency. The Budget served as …
Target of 50,000 jobs, Rs 25,000 cr investment in next 5 years On crucial issue about Special Economic Zone, Goa Governor Bharat Vir Wanchoo on Monday said the government will attempt to unlock the land allocated as ‘SEZs’ for immediate commercial activity. The Governor in his address on Day One …
Scheme for improving quality of education to be launched The Thrissur District Panchayat budget presented on Thursday lays emphasis on development projects in the farm sector and drinking water supply. Presenting the annual budget, District Panchayat Vice-President Leela Subrahmanian said Rs. 42.5 crore had been earmarked for Jala Samridhi Project. …
Indicates Rs 184 cr revenue surplus budget, turn defict of Rs 3,017.22 cr for 2013-14 due to subsidy & other expenses The Maharashtra government, in the run-up to the Lok Sabha elections, on Tuesday presented a Rs 5,417 crore revenue-deficit Budget for 2014-15. The government refrained from making any populist …
Rs. 4.30-crore deficit budget presented. Efforts will be on to save energy by replacing the 19,193 sodium vapour street lamps to light emitting diode (LED), enhance solar power generation and also extend it to private buildings, creating parking lots in four zones, besides planting nochi herbs in all houses to …
Budget allocates Rs.1 crore for modernisation of farms, Rs.90 lakh for animal husbandry sector. The budget estimate of the Kottayam district panchayat for the fiscal year 2014-15 has given priority to the agricultural sector. Presented by panchayat vice-president Philson Mathews on Thursday, the budget envisages a revenue of Rs. 424.91 …
AGARTALA, February 19: Tripura Finance Minister Badal Chaudhury on Wednesday presented a Rs 124.04 billion tax–free budget with a deficit of Rs 1.58 billion for the 2014–15 fiscal. No new taxes have been proposed and no increase of existing taxes projected in the budget, presented on the second day of …
Giving priority to drinking water projects, housing projects and efficient waste management schemes, the Paravoor Municipality presented its annual budget 2014-15 on Monday. Vice-chairman and chairman of the standing committee of finance, K S Shahul Hameed presented the budget in which Rs.79.61 crore has been projected as income, the expenditure …
Netrani island in Uttara Kannada district. Green activists and conservationists are up in arms over Chief Minister Siddaramaiah’s announcement in the Budget for 2014-15 that the State government would organise a Netrani Beach Festival to promote tourism on the ecologically sensitive island in Uttara Kannada district. Uttara Kannada District In-charge …
Centre for Science and Environment (CSE) has slammed the new budget proposal to cut taxes on cars with fuel-guzzling and polluting SUVs enjoying the biggest slash. In last year's budget, finance minister Chidambaram had, responding to the crippling energy crisis, hiked the excise on SUVs from 27 percent to 30 …
6% reduction in duty makes the gas-guzzling vehicles cheaper Environmental gains made over the past year seem to have gone up in smoke with the announcement of a cut in excise duty on sports utility vehicles (SUVs), the Centre for Science and Environment said on Monday. According to the Interim …
Bangalore in-charge Minister Ramalinga Reddy and corporators at the presentation of the BBMP budget for 2014-15 in the City on Monday. kpn The Bruhat Bangalore Mahanagara Palike (BBMP) may have failed to save and maintain the handful of lakes under its control in the City, but that did not it …
Though India's first National Agroforestry Policy (NAP) announced by finance minister P. Chidambaram in the interim budget on Monday will help natural resource management and improve forest cover, experts say it is a damage control measure for the Forest Rights Act (FRA) 2006, which envisages distribution of forest land to …
Says it will revive demand, boost manufacturing The special emphasis in the Interim Budget on boosting manufacturing and the message of fiscal stability by adhering to the fiscal deficit target has brought cheer to the industry while sectors that have not got sops are feeling disappointed. Sidharth Birla, president, FICCI, …
Says 10 tasks he set forth would take economy to high growth Finance Minister P. Chidambaram said the government’s greatest achievement was the lifting of 140 million people out of poverty in the last 10 years. At the post-budget press conference, Mr. Chidamabram explained that the 10 tasks his speech …
The expenditure on subsidies for food, fertiliser and fuel for 2014-15 is budgeted at Rs 2,46,397 crore, as against Rs 2,45,452 crore in the revised estimates The biggest mystery on the day of the interim Budget had to do with the rollovers for the next financial year on the subsidy …
Environmentalists have slammed finance minister P. Chidambaram’s decision to cut taxes on cars, with the fuel-guzzling SUVs enjoying the biggest slash. Not only will this trigger an increased deiselisation of the car segment markets, but will adversely impact human health. Air pollution levels across cities have been rising steadily due …
Environmentalists on Monday criticized finance minister P Chidambaram for his budget proposal to cut taxes on cars — specifically the high-polluting diesel guzzler SUVs — and said the government was more concerned about the industry than human health or environment. "By making SUV cheaper in (interim) Budget, Chidambaram has proved …
The budget proposal to “give relief” to the automobile sector by cutting excise duties on several segments of cars, including SUVs, could worsen air quality and hurt people’s health, environmental scientists said today. Many scientists have repeatedly warned that India’s air quality is among the worst in the world and …
Leaving direct taxes untouched, Finance Minister P. Chidambaram today slashed excise duty on cars, SUVs and two-wheelers, and capital goods and consumer durables to boost manufacturing and growth. Presenting the Interim Budget for 2014-15, he also provided service tax exemption for storage and warehousing of rice like it was done …
Increases food subsidy by a whopping Rs 23,000 crore As government seeks to roll out the food law, Finance Minister P Chidambaram today sought to raise total subsidies on fuel, food and fertilisers to over Rs 2.46 lakh crore in the 2014-15 fiscal. Government has increased the food subsidy by …
