Rail Budget - Railways to provide 17000 Bio-Toilets in Trains under Swachh Rail Swachh Bharat Mission
Posted Date : 25-Feb-2016 , 02:18:23 pm | Posted By CASANSAAR
The Minister of Railways, Shri Suresh Prabhakar Prabhu said that in pursuance of our mission Swachh Rail Swachh Bharat, that Indian Railways will provide 17,000 bio-toilets in trains and additional toilets at 475 stations before the close of this financial year. Presenting the Railway Budget 2016-17...
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Rail Budget - Railways for Port Connectivity to Boost Country’s Imports and Exports
Posted Date : 25-Feb-2016 , 02:17:34 pm | Posted By CASANSAAR
The Minister of Railways, Shri Suresh Prabhakar Prabhu has said that the Port connectivity is an important element to ensure seamless logistics to boost country’s imports and exports. Presenting the Railway Budget 2016-17 in Parliament today he said, last year, Railways had launched a coastal ...
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Rail Budget - Antyodaya Express and Deen Dayalu Coaches to be Introduced for the Unreserved Passenger
Posted Date : 25-Feb-2016 , 02:16:45 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu while presenting Railway Budget 2016-17 in Parliament today proposed to introduce the Antyodaya Express, a long-distance, fully unreserved, superfast train service, for the common man to be operated on dense routes. He also said that tw...
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Rail Budget 2016 - Railways to ensure independence of Rail Development Authority
Posted Date : 25-Feb-2016 , 02:15:45 pm | Posted By CASANSAAR
The Minister of Railways, Shri Suresh Prabhakar Prabhu has said that Indian Railways will ensure the independence of Rail Development Authority which was proposed last year to enable fair pricing of services, promote competition, protect customer interests and determine efficiency standards. He was ...
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Rail Budget 2016 - Initiatives taken to improve Passenger Ammenities
Posted Date : 25-Feb-2016 , 02:14:54 pm | Posted By CASANSAAR
The Minister of Railways, Shri Suresh Prabhakar Prabhu said that the common people have always been the focus of all initiatives by the Indian Railways. Presenting the Railway Budget 2016-17 in Parliament today, he said, it has been an unprecedented year for customer oriented works and Indian Railwa...
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Rail Budget - Ordinary Working Expenses in the R.E. 2015-16 decreased by Rs 8,720 crore
Posted Date : 25-Feb-2016 , 02:13:22 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu while presenting the Railway Budget 2016-17 in the Parliament today placed the Financial Performance data for 2015-16.
The Railway Minister said that there is a net reduction in Gross Traffic Receipts by Rs 15,744 crore in R.E. 2015-16 c...
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Wi-Fi Services at 100 Stations to be Commissioned this Year and at 400 more Stations in the next 2 Years
Posted Date : 25-Feb-2016 , 02:12:27 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu while presenting Railway Budget 2016-17 in Parliament today said that the process has begun to introduce Wi-Fi services at stations especially for youth and business travellers. He proposed to commission Wi-Fi services at 100 stations this year a...
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IRCTC has Begun the Process of Empanelling Self-Help Groups for Providing Catering/Cooking Services
Posted Date : 25-Feb-2016 , 02:11:43 pm | Posted By CASANSAAR
The Minister of Railways, Shri Suresh Prabhakar Prabhu while presenting the Railway Budget 2016-17 in Parliament today said “Last year, I had appealed to various NGOs and Civil society to help Indian Railways on social issues such as sanitation and provision of basic amenities at stations. I a...
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Railways Vision 2020 to meet Long Felt Desires of Common Man
Posted Date : 25-Feb-2016 , 02:11:03 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu has said that by 2020, Indian Railways look forward to meet the long-felt desires of the common man such as reserved accommodation on trains being available on demand, time tabled freight trains with credible service commitments, high end technol...
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Extension of e-Tourist Visa scheme to 37 more countries from tomorrow
Posted Date : 25-Feb-2016 , 10:45:40 am | Posted By CASANSAAR
The e-Tourist Visa (e-TV) facility will be extended to 37 more countries from tomorrow. The total count of countries under the scheme will become 150.
The new 37 countries included in e-Tourist Visa scheme are Albania, Austria, Bosnia & Herzegovina, Botswana, Brunei, Bulgaria, Cape Verd...
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Suresh Prabhu to present Rail Budget in Parliament today
Posted Date : 25-Feb-2016 , 09:04:20 am | Posted By CASANSAAR
Union Railway Minister Suresh Prabhu will present Rail Budget for fiscal year 2015-16 in the Parliament today.
This will be the Prime Minister Narendra Modi-led NDA Government's first full-fledged railway budget.
People have high expectations from th...
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Finance ministry to go green, print less copies of Economic Survey, Budget
Posted Date : 23-Feb-2016 , 10:08:45 pm | Posted By CASANSAAR
Finance Ministry has decided to go green and print lesser number of copies of the Economic Survey and Budget. This step has been taken on the recommendations of a Parliamentary Standing Committee. The copies of the two important documents would be available online once they are tabled in Parliament....
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Budget Session of Parliament commences from 23rd Feb.
Posted Date : 22-Feb-2016 , 09:44:05 pm | Posted By CASANSAAR
Budget Session of Parliament will begin from tomorrow. Since it is the first session of the new calendar year, it will begin with the address of President Pranab Mukherjee to the joint sitting of the Lok Sabha and the Rajya Sabha. During the session, the Rail Budget will be presented on 25th and Gen...
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Budget session from Feb 23; Rail Budget on 25th; General Budget on 29th
Posted Date : 04-Feb-2016 , 11:15:11 pm | Posted By CASANSAAR
The Budget Session of Parliament will commence on 23rd of this month. Talking to reporters after the meeting of Cabinet Committee on Parliamentary Affairs, Union minister Venkaiah Naidu said, Rail Budget to be presented on 25th, economic survey on 26th and general budget on 29th of February.
The ...
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FM kicks off preparations for Union Budget 2016-17; consults with economists
Posted Date : 19-Oct-2015 , 09:25:49 pm | Posted By CASANSAAR
Finance minister Arun Jaitley today kicked off preparations for the Union Budget 2016-17 by holding consultation with leading economists from within and outside the government at the National Institution for Transforming India (NITI) Aayog meeting.
AIR correspondent reports that the meeting with ...
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Finance ministry seeks public comments for Budget 2016-17
Posted Date : 23-Sep-2015 , 08:12:49 am | Posted By CASANSAAR
The finance ministry has decided to invite suggestions from the public for 2016-17 Budget in its bid to make the exercise more broad-based.
The suggestions can be posted on http://mygov.nic.in portal.
"The ministry of finance has decided to invite suggestions for the Bu...
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Government Advances the Budget Formulation Exercise by over Two Months for the Financial Year 2016-17
Posted Date : 17-Aug-2015 , 09:45:49 pm | Posted By CASANSAAR
In consonance with the objective of the Government of India to have wider consultations with various stakeholders as well as to provide more time for planners, it has been decided to start the Budget exercise by middle of August, 2015 for the forthcoming Financial Year 2016-17.
The Budget c...
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Budget 2015 - Full Speech of FM Arun Jaitley
Posted Date : 28-Feb-2015 , 02:16:34 pm | Posted By CASANSAAR
Madam Speaker,
I rise to present the Budget of the Union for the year 2015-16.
2. I present this Budget in an economic environment which is far more positive than in the recent past. When other economies are facing serious challenges,...
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No Change in the Rate of Personal Income Tax on Income in Financial Year 2015-16
Posted Date : 28-Feb-2015 , 01:54:11 pm | Posted By CASANSAAR
The Union Finance Minister Shri Arun Jaitley in his Budget Speech in Lok Sabha today proposed no change in the rate of personal Income-tax. He announced the tax proposals with no change in the rate of tax for companies in respect of the income earned in the financial year 2015-16, assessable in the ...
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Benefits to Middle Class Tax Payers in the Budget 2015-16
Posted Date : 28-Feb-2015 , 01:52:36 pm | Posted By CASANSAAR
The Union Minister of Finance Shri Arun Jaitley in his Budget Speech in Lok Sabha today proposed rationalization of various tax exemptions and incentives to reduce tax disputes and improve tax administration. He said, with a view to encourage savings and to promote health care among individual tax p...
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Postal Network Spread Across the Country to be Used for Increasing Access to Formal Financial System
Posted Date : 28-Feb-2015 , 01:51:56 pm | Posted By CASANSAAR
The Finance Minister, Shri Arun Jaitely presenting the Union Budget 2015-16, here today, said that the government is committed to increasing access of the people to the formal financial system. In this context, Government proposes to utilize the vast Postal network with nearly 1,54,000 points of pre...
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Finance Minister Shri Arun Jaitley Outlines Measures to Curb Black Money in Budget 2015-16
Posted Date : 28-Feb-2015 , 01:50:51 pm | Posted By CASANSAAR
The Finance Minister, Shri Arun Jaitley signaled the government’s intent to curb generation of black money in real estate in the Budget 2015-16. Presenting the Budget in the Lok Sabha today he proposed amendments in the Income Tax Act prohibiting acceptance or repayment of advance in cash of R...
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FM Announces Measures to Improve the Ease of Doing Business with Simplification of Tax Procedures in Finance Bill 2015
Posted Date : 28-Feb-2015 , 01:50:06 pm | Posted By CASANSAAR
The Union Finance Minister Shri Arun Jaitley in his Budget Speech in Lok Sabha today announced measures to improve the ease of doing business so as to achieve ‘Minimum Government and Maximum Governance’. He sought to bring about simplification of tax procedures in the Financial Bill 2015...
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Focus to Improve Quality and Effectiveness of Activities Under MGNREGA
Posted Date : 28-Feb-2015 , 01:49:05 pm | Posted By CASANSAAR
The Finance Minister, Shri Arun Jaitely presenting the Union Budget 2015-16, here today, said that government is committed to supporting employment through MGNREGA and ensure that no one who is poor is left without employment. Shri Jaitley said that the focus is on improving the quality and effectiv...
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Budget 2015 - Eligible Donations to Swachh Bharat Kosh and Clean Ganga Fund to be 100% Deductible
Posted Date : 28-Feb-2015 , 01:47:37 pm | Posted By CASANSAAR
The Finance Minister, Shri Arun Jaitley presenting the Budget for 2015-16 in Lok Sabha today, proposed that donations (other than CSR contributions under the Companies Act 2013) to the Swachh Bharat Kosh (by residents and non residents) and Clean Ganga Fund (by residents) will be 100 % deductible un...
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Budget 2015 - Indirect Tax Proposals to Maximize Benefits to the Economy
Posted Date : 28-Feb-2015 , 01:46:54 pm | Posted By CASANSAAR
The Finance Minister Shri Arun Jaitley while presenting the Budget announced in the Lok Sabha steps to broaden the Tax Base that will maximize benefits to the economy. The Service Tax rate is being increased from 12% plus Education Cesses to 14%. The new service tax rate shall subsume the &lsqu...
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Distinction Between Different types of Foreign Investments Done Away to Simplify the Procedure for Indian Companies to Attract Foreign Investment
Posted Date : 28-Feb-2015 , 01:46:18 pm | Posted By CASANSAAR
The Union Finance Minister Shri Arun Jaitley has proposed to do away with the distinction between different types of foreign investments, especially between foreign portfolio investments and foreign direct investments, and replace them with composite caps. Presenting the General Budget 2015-16 in th...
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Micro Units Development Refinance Agency (MUDRA) Bank Set up for Small Enterprises in Lending Priority was Given to SC/ST Enterprises
Posted Date : 28-Feb-2015 , 01:45:31 pm | Posted By CASANSAAR
The Union Finance Minister, Shri Arun Jaitely presenting the Union Budget 2015-16, here today, said that our government firmly believes that development has to generate inclusive growth. While large corporate and business entities have role to play, this has to be complemented by informal sector ent...
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Budget 2015 - Task Force to Establish a Sector Neutral Financial Redressal Agency to be Set Up
Posted Date : 28-Feb-2015 , 01:44:53 pm | Posted By CASANSAAR
The Union Finance Minister Shri Arun Jaitley has proposed to create a task force to establish a sector neutral financial redressal agency that will address grievances against all financial service providers. Presenting the General Budget 2015-16 in the Lok Sabha here today, Shri Jaitley stated that ...
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Budget 2015 - Employees Under the Employees Provident Fund(Epf) to be Provided two Options
Posted Date : 28-Feb-2015 , 01:42:44 pm | Posted By CASANSAAR
The Union Finance Minister Shri Arun Jaitley has announced that with respect to Employees Provident Fund (EPF), the employee needs to be provided two options. Firstly, the employee may opt for EPF or the New Pension Scheme (NPS). Secondly, for employees below a certain threshold of monthly income, c...
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